We are a firm specialized in the purchase of properties with cryptocurrencies in Spain. We operate throughout the national territory, covering cities such as Malaga, Marbella, Alicante, Madrid, Barcelona and Valencia. If you are considering acquiring a property through digital assets such as Bitcoin, USDC or USDT, we provide a transparent, secure and tailored to your needs process.
Step-by-Step Process for Buying Property with Cryptocurrencies
1. Onboarding
The first step to start your purchase process is to join our customer registry. To do this, you must complete a form with your personal or company information, including your NIF/NIE, legal residence and the addresses of the cryptocurrency wallets that will be used for payment.
This process ensures compliance with European data protection and money laundering prevention regulations. We are committed to respond within 48 hours. In addition, we will establish a direct communication channel between you and one of our lawyers to ensure that all your questions are answered promptly.
Interested in how to protect your privacy in digital transactions? Check out our article on how to obtain and use a POAP in your transactions.
2. Private Contract
Once your acceptance as a customer is confirmed, we will sign a private contract detailing all the services we offer throughout the purchase process. This contract guarantees transparency and protects the interests of all parties involved.
3. Property Reservation
After exploring the various property options and selecting the one you are most interested in, we will proceed to reserve the property by signing a deposit contract with the owners. This step guarantees that the property will be taken off the market while we finalize the purchase process.
If you do not have a property in mind, we can provide you with a list of reliable real estate agencies we work with.
Would you like to know more about due diligence when buying real estate? Check out our article on how to buy a house with Bitcoin: is it a good investment?
4. Due Diligence
At Vicox Legal, we pride ourselves in performing a thorough due diligence process. This involves reviewing property titles, registrations, municipal licenses, utilities and the existence of any possible encumbrances or unrecorded debts. This analysis allows us to ensure that the purchase is safe and free of legal problems.
In addition, we provide comprehensive tax advice to ensure that you comply with all your tax obligations in Spain.
Worried about legal risks? Read our article on how to implement tokenization in your company and avoid cybersecurity risks.
5. Cryptocurrency Exchange Service
In addition to our focus on legal and tax security, we also offer an over-the-counter (OTC) cryptocurrency exchange service. Upon request, our firm can convert the cryptocurrency value of the property to fiat currency without requiring you to register with external exchange platforms. We work with a wide range of cryptocurrencies, including Bitcoin (BTC), USDC, ETH and USDT.
6. Notarial Deed
We coordinate the signing of the deed before a notary, manage the payment of taxes and register the property in your name at the Land Registry. If you wish, we also offer an AML (Anti-Money Laundering) compliance report for additional peace of mind.
Do you have doubts about the legality of buying with cryptocurrencies? Check out our article on why everyone is talking about Bitcoin.
7. Post-Writing
Once you have signed and taken possession of your property, we at Vicox Legal take care of the annual tax declarations and payments for non-residents. This ensures that you remain in compliance with all your legal and tax obligations in Spain on an ongoing basis.
For more information on how to comply with the regulation, check out our article on MICA regulation in your online business.
Key Benefits of Buying with Cryptocurrencies
Buying property with cryptocurrencies is not only a modern and convenient process, but also offers multiple advantages that make it increasingly attractive to international investors:
- Fast and Secure Transactions: Eliminates traditional bureaucracy and speeds up the purchasing process.
- Lower Transaction Costs: By using cryptocurrencies, you can avoid bank fees and other costs associated with traditional payment methods.
- Flexibility: You can use different cryptocurrencies to make the payment, which gives you more control and freedom in your transactions.
- Privacy and Security: Cryptocurrency transactions, backed by blockchain technology, offer greater privacy and security than conventional methods.
Frequently Asked Questions
Is it legal to buy property in Spain with cryptocurrencies?
Yes, it is completely legal. Cryptocurrencies such as Bitcoin are considered recognized assets in Spain within the fiscal scope, comparable to other commercial assets. However, it is important to comply with the current legal framework to make safe and legal transactions.
How long does the onboarding process take?
The onboarding process is generally completed within 48 hours of submitting your passport and completing our form.
What does the AML reporting service include?
The AML report verifies that you are not a politically exposed person, that there are no international sanctions against you and that the payment sources are legal. In addition, we check that cryptocurrency wallets are not linked to criminal activities.
What cryptocurrencies do you accept for property purchases?
We accept a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USDC and USDT, among others.
Is the integration process secure?
Yes, at Vicox Legal we comply with privacy regulations and the European Anti-Money Laundering Directive, ensuring that your integration process is secure and complies with all legal standards.
Buying a property in Spain using cryptocurrencies is more than a simple transaction: it is being part of a global shift towards a more modern, faster and safer digital economy. At Vicox Legal, we understand the importance of combining technological innovation with legal security to offer you an unprecedented buying experience.
Trust us to turn the process, which might seem complex, into a clear, transparent and efficient path. From the moment you decide to take the first step until you finally enjoy your new property, we will be with you every step of the way.
💡 Ready to take the leap into the future? Contact our team today and let us help you make your investment safely, innovatively and with all the legal guarantees.
