Casa Eliea

Spanish property can be passed to heirs through a will recognised under EU succession rules, and many owners hold their estate through a structure that simplifies this. We introduce you to the lawyers we work with so the right arrangement is in place from the outset.

When purchasing a newly built villa in Ibiza directly from a developer, buyers should allow for acquisition costs in addition to the purchase price. For a property priced at €4.5 million, these costs typically include 10% VAT (IVA), Stamp Duty (AJD), legal representation, notary fees and land registry charges. In total, buyers should budget approximately 12.5–13.5% above the purchase price, bringing the overall investment to around €5.06–€5.11 million. The exact figure will vary depending on the legal structure of the purchase and any professional services engaged during the transaction.

Yes. There are no restrictions on foreign buyers purchasing property in Ibiza or elsewhere in Spain. Non-residents can acquire freehold ownership in the same way as Spanish citizens, provided they obtain a Spanish tax identification number (NIE) and complete the purchase through a Spanish notary. Many international buyers choose to purchase either in their personal name or through a corporate structure, depending on their tax and estate planning objectives. We always recommend seeking independent legal and tax advice before proceeding to ensure the most appropriate ownership structure for your circumstances.