Can foreigners buy property in Porto Cristo?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy a property in Porto Cristo?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy a property in Spain?

Yes. You will want a bank account in Spain once you have bought your Spanish property. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Property for sale in Porto Cristo, Spain

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Comfortable villa with a terrace, a pool, a garage and a garden, Porto Cristo, Spain for 1,190,000 €

With swimming pool

Comfortable villa with a terrace, a pool, a garage and a garden, Porto Cristo, Spain

1,190,000 €

£1,020,000

Total area 581 m²Land area: 710 m²4 bedrooms6 bathrooms

Off-plan property

New building in center of Barcelona with panoramic views, garden and pool

470,000 €

Estimated completion Q3 of 2018

Turkish passport for buyers of apartments from $250,000

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Ekaterina Maslova

Senior Residence and Citizenship Advisor

Similar properties in Porto Cristo and surrounding areas

Exclusive villa with a swimming pool, a garden, a garage, a terrace and panoramic sea views, in a prestigious area, Andratx, Mallorca, Spain

6,800,000 €

With swimming pool

Total area 730 m²Land area: 1,000 m²5 bedrooms4 bathrooms

Apartment with pool and terrace overlooking the sea and the city of Genova, Palma, Mallorca

980,000 €

With balcony/terrace

Total area 260 m²4 bedrooms3 bathrooms

Country home in a quiet area with a swimming pool and three terraces, Pollensa, Mallorca, Spain. High rental potential!

1,250,000 €

With swimming pool

Total area 348 m²4 bedrooms3 bathrooms

Luxury estate with beautiful gardens, a farm, a chapel, a pool and a tennis court in the outskirts of Palma de Mallorca, Son Serralta, Spain

26,500,000 €

Total area 4,000 m²Land area: 818,759 m²10 bedrooms10 bathrooms

Villa with sea views, a garden and a pool close to the beach, Bonaire, Spain

2,795,000 €

With swimming pool

Total area 650 m²Land area: 15,200 m²6 bedrooms4 bathrooms

Apartment – Port d'Andratx, Balearic Islands, Spain

380,000 €

2 bedrooms1 bathroom

Historic luxury villa with panoramic views, a guest house and a garage, Sant Lloren des Cardassar, Spain

2,300,000 €

With swimming pool

Total area 7,991 m²8 bedrooms8 bathrooms

Seaviews villa in Puntir

2,400,000 €

Total area 8,141 m²Land area: 743 m²2 bedrooms6 bathrooms

New luxury villa in Son Vida with Holiday Rental License

3,500,000 €

Total area 1,964 m²Land area: 465 m²1 bedroom5 bathrooms

Historic estate with a large plot and a swimming pool, Pollenca, Spain

1,400,000 €

Total area 400 m²Land area: 75,000 m²6 bedrooms5 bathrooms

Villa with a large plot of land, a swimming pool and a jacuzzi, Pollenca, Spain

3,800,000 €

With swimming pool

Total area 430 m²Land area: 15,771 m²4 bedrooms4 bathrooms

Modern villa with a terrace and a pool, San Lorenzo, Spain

4,890,000 €

Land area: 20,000 m²5 bedrooms6 bathroomsYield 6.0 %

Renovated house with a swimming pool and terraces, in the heart of Pollensa, Spain

1,350,000 €

With swimming pool

Total area 269 m²Land area: 269 m²1 bedroom4 bathrooms

Four-room apartment with a garden on the first line from the sea in Palmanova, Mallorca, Spain

450,000 €

Total area 121 m²Land area: 175 m²3 bedrooms2 bathrooms

Furnished villa with a pool, a garden, a garage, a chapel and a mountain view, Puerto Andratx, Spain

2,450,000 €

With swimming pool

Total area 539 m²Land area: 30,000 m²4 bedrooms4 bathrooms

Comfortable villa with a garden, a pool, a garage, a terrace and a sea view, Cala Vinyes, Spain

3,690,000 €

With swimming pool

Total area 500 m²Land area: 1,300 m²5 bedrooms4 bathrooms

Country villa with a garden, a pool, a garage and a terrace, Valldemossa, Spain

695,000 €

With swimming pool

Total area 300 m²Land area: 2,400 m²5 bedrooms5 bathrooms

Modern villa with a garden, a pool, a parking and a terrace, Palma de Mallorca, Spain

3,950,000 €

With swimming pool

Total area 751 m²Land area: 2,000 m²6 bedrooms5 bathrooms

Furnished house with a pool, a garden and picturesque views, Selva, Girona, Spain

1,500,000 €

Sea view

Total area 766 m²6 bedrooms3 bathrooms

Villa with a pool, a jacuzzi, a gym with a sauna and a tennis court, Lloseta, Spain

950,000 €

With swimming pool

Total area 3,543 m²5 bedrooms5 bathrooms

Renovated apartment with exquisite finishes, with terrace, by the sea in Colonia de San Jordi

295,000 €

Next to the sea

Total area 108 m²Land area: 105 m²1 bedroom2 bathrooms

Spacious villa with terraces, a courtyard, a pool, a patio, a garage and a garden, Cala Vinyes, Spain

1,195,000 €

With swimming pool

Total area 400 m²Land area: 1,500 m²3 bedrooms3 bathrooms

Three-room penthouse with a terrace in a residential complex with a pool and a parking, Costa de la Calma, Spain

820,000 €

With balcony/terrace

Total area 166 m²Land area: 182 m²2 bedrooms1 bathroom

Spacious apartment with a parking, a terrace and sea views in a residential complex with a garden and a pool, Cala Vinyes, Spain

1,150,000 €

With balcony/terrace

Total area 445 m²5 bedrooms5 bathrooms

Cozy villa with guest houses, a backyard, a pool and a parking, Valldemossa, Spain

1,830,000 €

With swimming pool

Total area 380 m²Land area: 2,800 m²5 bedrooms4 bathrooms

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Property for sale in Porto Cristo

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