Commercial Property for Sale in Spain

Buying commercial property in Spain has been for many years, a good chance for people wishing to make some investments in Spain. There are a range of different commercial properties that you could buy. You could buy a bar in Spain or any other type of commercial enterprise such as a shop or factory. However, there are several things that you need to be aware of before you do.

With many foreigners choosing to move to Spain, there is a growing demand for goods and services. As many of the people who are moving are from the rest of the European Union, the demand is for quality goods and services.

There are many fundamental issues that must be addressed in order to ensure all go to plan. Before you start any business in Spain you should examine the market to make sure there is a good demand for the service or product you are providing. Have in mind that the market here is so much different to that in your home country. If you are an EU citizen you are eligible to start a business in Spain, just as you can in your home nation. As soon as you are convinced that you can start a business that is viable, there are a few steps you should take.

The first step is that no matter what sort of business or commercial property you buy is to head to the national police station and apply for an N.I.E. number. This is simply an identification number for foreign residents and is mainly for tax purposes. You should take along your passport and complete the forms. The N.I.E number is usually available within 4 weeks.

In Spain there are only two levels at which a business must be registered. For the local level you need to get your business registered at the town hall and obtain an opening licence (Licencia de Apertura). This licence will clearly define your business and the industry that you will trade in. At the national level you must register with the IVA office. It is equivalent of the Inland Revenue office. Your tax will be collected by The Agencia Tributaria.

You will need to speak Spanish fluently in order to fill out the forms, as they are often not available in English or many other languages. If you do not speak Spanish, then you will need to hire a translator of some kind in order to assist you. If you are looking for a commercial property for sale in spain it will be easier to know the language.