How can I pay for a property in Spain?

  • Bank transfer:
  • Bank Check (Cheque Bancario):
  • Mortgage loan
  • Cash:
    • Although technically possible, payment in cash is rarely used due to legal restrictions, risk and inconvenience. Spanish law limits the amount that can be paid in cash to prevent money laundering (maximum of €2,500 for residents and €15,000 for non-residents).
  • Escrow account (Escrow Account)