How do I transfer money to Spain to buy property?

You send euros to your Spanish lawyer’s client account or to the seller’s account as your contract directs. A currency specialist is often cheaper than your bank and can fix the rate for the payments ahead. Keep clear records of where your money comes from.

Spanish banks, notaries and lawyers must check the source of funds, so keep statements, sale documents or other proof ready. Payments of large amounts are reported, which is normal.

Exchange rates can move noticeably between agreeing a price and paying the balance, and a fraction of a percent on a large transfer is real money. Use our currency tool to see today’s price in your currency, and ask a specialist about forward contracts if you want to lock in the rate for later stage payments.

Only follow payment instructions that your own lawyer has confirmed by phone, because fraudsters sometimes copy emails and change bank details.

General information, not legal or tax advice. Rules and figures were last checked in November 2026 and change, so take independent advice from a Spanish lawyer for your own purchase.