Can I get residency in Spain if I rent a property?

Spain is a very safe country to emigrate to and it is also a safe place to rent a property in. This is why, if you need support in Spain immigration, you can rely on our lawyers. This is also one of the ways in which you can obtain Spanish citizenship.

Is rent to buy legal in Spain?

There is no specific legal regulation for rent-to-buy contracts in Spain. The only condition is that the Urban Lease Act be observed and that the contract contains the obligatory requirements of home rentals included in the Law. Everything else is for the parties to freely agree.

Can I buy a house in Spain and live there permanently?

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. Remember that if you buy a house worth more than €500.000 you can apply for a Golden Visa.

What does rent to buy mean in Spain?

Rent to buy in Spain and you can try before you buy. Rent to buy is a letting option whereby after renting a property for a certain period, the tenant has the option of purchasing it. Usually, the property price is determined at the beginning of the contract and the rent already paid is deducted from the final price.

What is rent to own option?

A rent-to-own agreement is a deal in which you commit to renting a property for a specific period of time, with the option of buying it before the lease runs out. You pay rent throughout the lease, and in some cases, a percentage of the payment is applied to the purchase price.

Is rent to buy an option?

Rent-to-own agreements include a standard lease agreement and also an option to buy the property at a later time. You pay rent throughout the lease, and in some cases, a percentage of the payment is applied to the purchase price.

Can you get a mortgage in the UK to buy a house abroad?

You can’t use a UK mortgage product to buy a home abroad. You must instead get an ‘overseas mortgage’ – normally from a lender in the country you want to purchase in.