Spain
Eurozone stability with lifestyle appeal; Golden Visa abolished Apr 2025
🟢
Currency Risk
EUR
❌ ABOLISHEDIndicative — not verifiedDTA with Canada: In forceIndicative — not verified94,201 monitored sale listings across all markets
Investor Profile:
Currency:
Gross Yield3.5%–7.5%Estimate-based
Entry PriceFrom €2,400 (CAD 3,877)/m² · Las Palmas
Purchase Tax8%
CGT Rate19%
Golden Visa❌Indicative — not verified
Non-Res Mortgage✅
DTA with CanadaIn forceIndicative — not verified
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
TIER 2 — CONDITIONAL BUYMacro: 20
Israeli66.1/100
German66.5/100
French66.5/100
Dutch66.4/100
Belgian66.2/100
UK66.1/100
US66.1/100
Canadian66.1/100
Indian66.1/100
Chinese66.1/100
Other EU66.6/100
✅ Strengths
- ▸Largest EU real estate market; strong appreciation 2022–2025
- ▸Costa del Sol viable: Marbella, Estepona, Costa Blanca
- ▸Vibrant expat communities with proven rental demand
⚠ Risks
- ▸Golden Visa RE route suspended April 2025
- ▸79.6% of building stock below EPC D — worst in active markets
- ▸Stressed zones: 140+ Catalan municipalities with IRAV rent caps
CASABROVA Verdict
Stick to Marbella, Estepona, Costa Blanca new builds with EPC B/C ratings.
Profile context: Canadian Investor. The displayed treaty, tax and score data are selected for this profile.
Canadian: Profile adjusted score 66.1 (rank #16).
Recommended Strategy
New builds only (EPC B/C). Avoid Barcelona. Canary Islands and Balearics for STR.
Based on CASABROVA Waves 1–8, current to July 1, 2026. Not financial or legal advice.
Spain Golden Visa abolished April 3, 2025
Ley Orgánica 1/2025 — no passive investment visa
BOE-A-2025-76