Buying property in Ibiza as non-resident?
#1
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Joined: Apr 2022
Posts: 1
Buying property in Ibiza as non-resident?
My partner and I are performers and travel all over the place. We'll be in Ibiza at least 2 days a week for the peak season going forward so we've decided we should base ourselves there for at least part of the year for quality of life reasons (reduce travel). We should be OK with the 90/180 day rules purely from other work commitments in the UK+US.
I guess it's essentially a long term holiday home but the numbers work if we can get reasonable rates. Totally aware of the risks and costs of buying property in Spain.
Has anyone gone about this process recently? I'm assuming finance would have to come from the UK? any idea on rates?
Thanks
M
I guess it's essentially a long term holiday home but the numbers work if we can get reasonable rates. Totally aware of the risks and costs of buying property in Spain.
Has anyone gone about this process recently? I'm assuming finance would have to come from the UK? any idea on rates?
Thanks
M
#2
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Joined: Aug 2009
Location: Costa Blanca
Posts: 3,142
Re: Buying property in Ibiza as non-resident?
#3
Re: Buying property in Ibiza as non-resident?
I have several friends who have / are in the process of buying a holiday home with the intention of abiding by 90/180 rules.
Be very careful with your dates. Another friend exceeded the 90 days and has been banned for returning to Schengen for three years :-(
I doubt you will be able to obtain a UK mortgage for property purchase in Spain. You can check the current rates for providers in Spain on line.
Be very careful with your dates. Another friend exceeded the 90 days and has been banned for returning to Schengen for three years :-(
I doubt you will be able to obtain a UK mortgage for property purchase in Spain. You can check the current rates for providers in Spain on line.
Last edited by missile; May 5th 2022 at 8:55 am.
#4
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Joined: Dec 2020
Posts: 702
Re: Buying property in Ibiza as non-resident?
I have several friends who have / are in the process of buying a holiday home with the intention of abiding by 90/180 rules.
Be very careful with your dates. Another friend exceeded the 90 days and has been banned for returning to Schengen for three years :-(
I doubt you will be able to obtain a UK mortgage for property purchase in Spain. You can check the current rates for providers in Spain on line.
Be very careful with your dates. Another friend exceeded the 90 days and has been banned for returning to Schengen for three years :-(
I doubt you will be able to obtain a UK mortgage for property purchase in Spain. You can check the current rates for providers in Spain on line.
#7
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Joined: Dec 2020
Posts: 702
Re: Buying property in Ibiza as non-resident?
you can leave without your passport. When I worked seasons in Ibiza people lost their passports all the time and had them stolen. You can get an emergency passport or apply for a new one.