Buying property in Spain with cryptocurrency is no longer a futuristic idea, it is already happening. From Marbella’s luxury villas to city apartments in Madrid and Barcelona, more international buyers are choosing to complete transactions with Bitcoin, Ethereum, or other digital assets.
At Vicox Legal, we guide international investors through the legal and financial process of acquiring real estate in Spain using crypto, ensuring every step is compliant, secure, and efficient.
Is it Legal to Buy Property in Spain with Crypto?
Yes. Spanish law allows real estate transactions using cryptocurrencies. However, they must follow strict KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. Funds must be verified, identities checked, and the notary ensures the transaction is legally binding.
Step-by-Step Guide to Buying Property in Spain with Crypto
- Choose the right property and seller – Work with real estate professionals familiar with crypto transactions. Not all sellers are open to accepting Bitcoin or Ethereum directly.
- Legal compliance – Buyers must undergo KYC and AML checks. Spanish authorities require proof of the origin of funds.
- Decide on the payment method –
- Direct payment in crypto (if accepted by the seller).
- Conversion of crypto to euros via an exchange before completing the purchase.
- Contracts and notary process – The process follows traditional steps: signing a deposit contract (contrato de arras) and then executing the final deed before a notary, who registers the property under the buyer’s name.
- Taxes and additional costs – Crypto payments do not exempt buyers from taxes. Expect Transfer Tax (ITP) or VAT (IVA), plus notary, registry, and legal advisory fees.
Why Buy Property in Spain with Crypto?
- Attractive destinations: Marbella, Ibiza, Barcelona, and Madrid are international hubs for real estate investment.
- Crypto adoption: Increasingly common in high-value transactions.
- Lifestyle & residency: Properties purchased with crypto can qualify for Spain’s Golden Visa program.
- Diversification: Combining real estate with digital assets creates a unique investment strategy.
Final Thoughts
Buying real estate in Spain with crypto is legal, secure, and increasingly popular. With the right legal and financial guidance, international investors can leverage their digital assets to acquire prime properties.
At Vicox Legal, we provide tailored legal solutions for crypto real estate transactions in Spain and internationally.
