Buying Commercial Property in Spain – A Guide for Investors | R E C
Buying Commercial Property in Spain – A Guide for Investors
While most foreigners focus on residential properties, commercial real estate in Spain offers strong potential for income and long-term growth. From retail units to hotels and office spaces, R E C helps investors identify and evaluate the best commercial opportunities.
1. What counts as commercial property?
- 🏬 Retail units and shops (street-level or in shopping centers)
- 🏢 Office buildings or co-working spaces
- 🏨 Hotels and tourist accommodations
- 🏭 Warehouses and logistics units
- 🛠️ Mixed-use or convertibles (e.g., from residential to commercial)
2. Benefits of investing in commercial property
- 💶 Higher yields (especially in retail & hospitality)
- 📆 Long-term tenants and lease agreements
- 📈 Capital appreciation in growth zones
- 📉 Less tenant turnover vs. residential rentals
3. Things to check before buying
- 📜 Property use classification (zoning)
- 📄 Valid licenses (especially for hospitality)
- 📊 Current lease contracts and ROI performance
- 🏗️ Structural condition and renovation needs
4. Location is key
Commercial success is highly local. Cities like Alicante, Valencia, and resort towns like Altea or Benidorm have high demand for retail, hotel and service-oriented spaces.
5. Legal & fiscal considerations
- 🧾 VAT often applies (instead of ITP) on commercial sales
- 🏛️ Business license may be tied to the property or tenant
- 🏢 Recommended to buy through a Spanish company (SL) for asset protection and tax optimization
📘 Related guides
📞 Want to explore commercial investments in Spain?
R E C offers access to off-market commercial assets, hotel portfolios, and legal support to help you invest professionally in Spain’s growing commercial sector.