FAQ
Read all of our FAQ’s categorized on one page.
General
What is Solid Estates?
Solid Estates is a real estate investment company that allows you to invest in Spanish real estate without the hassle. We handle everything—finding, financing, upgrading, and renting out properties—so you can earn passive income stress-free.
Want to start investing?
Who can invest with Solid Estates?
Anyone looking for hands-off real estate investment can partner with us. Whether you’re a seasoned investor or a first-time buyer, we make property ownership simple and profitable.
Do I need to live in Spain to invest?
No, you don’t need to be in Spain. Our team manages everything remotely, from property acquisition to rental management. You can invest from anywhere in the world.
What kind of properties do you provide?
We focus on high-demand residential properties in prime locations across Spain, ensuring strong rental yields and long-term appreciation. Typically we offer:
- Appartments
- Villa’s
- Full buildings
- Pieces of land for developing
- Commercial space that can be converted to living space
Contact us today to find out which type best fits your needs.
How much capital do I need to invest?
The required investment depends on the property and financing options. In most cases our customers secure finance as to not reach into their own capital. But be aware that not 100% of the purchase and the costs can be financed.
Can I visit the properties I invest in?
Yes, you’re welcome to visit your properties. However, it’s not necessary, as we provide detailed reports, photos, and videos to keep you informed. Keep in mind that once tennants move in, you must schedule a visit with your tennant.
What happens if the property is vacant?
Properties we help invest in rarely remain vacant, in most cases we have a tennant before renovations are done.
But in case of vacancy, we:
Implement aggressive marketing to attract new tenants.
Ensure properties are in high-demand areas, reducing vacancy risks.
Process
How does the financing process work for non-residents?
Many Spanish banks offer mortgages to non-residents, typically covering 60-70% of the property value. Interest rates are competitive, but requirements may differ depending on your country of residence. We guide you through this process and connect you with trusted lenders.
What are the expected rental yields in Spain?
This varies by city and property type, but rental properties in high-demand areas like Madrid, Barcelona, and Valencia can yield between 5-11% net return per year. We focus on securing properties with strong demand to ensure consistent occupancy and high returns.
How do you find and screen tenants for my property?
We take care of everything from listing your property on the best rental platforms to conducting financial stability checks, employment verification, and rental history screening. Once a tenant is selected, we prepare secure lease agreements in compliance with Spanish rental laws to protect your investment.
How involved do I need to be in the management process?
That’s up to you! Many investors prefer a hands-off approach, and we fully manage the property—from tenant relations to maintenance and rent collection. However, if you’d like to be more involved, we keep you informed with regular updates and financial reports.
What happens if I want to sell my property in the future?
Selling property in Spain is straightforward. Whether you want to sell for profit or reinvest in a different property, we assist with market analysis, pricing strategy, connecting you with buyers or investors, and handling all legal paperwork. If needed, we also help you increase property value through renovations before selling.
How do I get started with investing in Spain
The easiest way to start is by booking a free consultation with us. We’ll walk you through the process, discuss your investment goals, and show you the best available properties that fit your budget and needs.
Contact us today to start your investment journey!
About Spain
Why should I invest in Spanish real estate?
Spain offers a stable and high-demand rental market with competitive property prices and strong potential for returns. The country attracts millions of tourists each year, driving short-term rental demand, while cities like Madrid and Barcelona have thriving expat and professional communities, ensuring long-term rental stability. Property values have historically appreciated, and with favorable conditions for foreign buyers, Spain remains one of the best places in Europe for real estate investment.
Can foreigners buy property in Spain?
Yes, Spain has no restrictions on foreign buyers. Whether you’re an EU or non-EU resident, you can freely purchase property. The only requirement is obtaining a NIE (Número de Identificación de Extranjero), a tax identification number necessary for property transactions. Spain’s openness to foreign investment makes it one of the most accessible real estate markets in Europe.
What are the costs involved in buying a property in Spain?
Beyond the property price, expect to pay additional costs ranging from 10-15% of the purchase price. These include:
- Property transfer tax (6-10%) or VAT (10% for new builds).
- Notary & legal fees (1-2%) to ensure a secure transaction.
- Land registry fees (0.5-1%).
- Stamp duty (1-1.5%).
- Broker’s fee (3%)
Additionally, some buyers choose to hire a property surveyor for due diligence, which can cost €500-€1,500.
Can I get a mortgage in Spain as a foreigner?
Yes, Spanish banks offer mortgages to non-residents, typically financing 60-70% of the property’s value. To qualify, you’ll need a stable income, bank statements, and a NIE. Interest rates are competitive, and loan terms can extend up to 25-30 years. However, lending criteria can be stricter for non-residents, so working with a mortgage broker can simplify the process.
What are the property taxes in Spain?
Annual taxes for property owners include:
- IBI (Property Tax): 0.4% to 1.1% of the cadastral value, paid to the local municipality.
- Rental Income Tax: 19% for EU residents, 24% for non-EU residents, applied to rental earnings.
- Wealth Tax: Applies if your total Spanish assets exceed €700,000, with varying regional rates.
- Plusvalía Tax: A municipal tax on property value appreciation when selling.
How long does the buying process take?
The process typically takes 8-12 weeks if everything is in order. Key steps include obtaining a NIE, securing financing (if needed), completing legal checks, and finalizing contracts. If issues arise with paperwork, financing, or negotiations, the process can extend beyond two months.
Is Spanish real estate a good long-term investment?
Yes, property values in Spain have shown steady appreciation over the years, and rental demand remains strong. The country’s tourism industry ensures a constant demand for vacation rentals, while major cities attract professionals and students. Over a 10-15 year period, well-located properties tend to yield solid returns.
Can I rent out my property on AirBnb?
Yes, but rental regulations vary by region. If you plan to list your property on platforms like Airbnb, you need a rental license, depending on local laws. In some areas, short-term rentals are restricted or require compliance with zoning regulations. Long-term rentals have fewer restrictions and provide stable income.
Who manages my property if I don’t live in Spain?
We offer full property management services, handling maintenance, tenant sourcing, and legal compliance. This allows you to enjoy passive income without dealing with daily management issues. Our team ensures your investment remains in top condition and generates consistent returns.
What are the risks of investing in Spain?
Like any investment, risks exist, including:
- Market fluctuations: Property values can change based on economic conditions.
- Regulatory changes: Local laws regarding rentals may evolve.
- Vacancy risks: Some areas experience seasonal demand.
We mitigate risks by conducting in-depth market research, selecting high-demand locations, and ensuring legal compliance to protect your investment.
