According to notary data for 2025, roughly what share of all home purchases in Spain involved a foreign buyer?

1. About 8.8%
2. About 18.8%
3. About 28.8%
4. About 38.8%

In the Land Registry statistics for Q4 2025, which nationality made the largest share of home purchases by foreigners?

1. Moroccan
2. German
3. British
4. Dutch

Looking only at NON-RESIDENT foreign buyers in 2025 (notary data), which nationality reached first place for the first time?

1. British
2. German
3. French
4. Dutch

Which Spanish province had the highest share of home purchases made by foreigners in Q4 2025?

1. Málaga
2. Alicante
3. Illes Balears
4. Madrid

Registry data for Q4 2025: foreigners made 27.17% of home purchases in the Comunitat Valenciana and 12.5% in Andalusia. How many percentage points higher is the Valencian share?

What did the national statistics institute (INE) report for total home sales in Spain in 2025?

1. About 514,000 sales, down 4.5%
2. About 614,000 sales, flat on 2024
3. About 814,000 sales, up 21%
4. About 714,000 sales, up 11.5%

A Dubai-based investor asks whether buying a EUR 500,000 villa in Marbella will give him a Spanish golden visa. What is the correct answer in 2026?

1. No. The investor residence visa linked to real estate was abolished and stopped accepting new applications from 3 April 2025
2. Yes, as long as the property is worth at least EUR 500,000 and paid without a mortgage
3. Yes, but only for properties in Andalusia or Valencia
4. Only if he also opens a Spanish bank account with EUR 1 million

A US client has read online that Spain charges a 100% tax on non-EU buyers. What is the most professional way to answer?

1. Confirm it: every non-EU buyer now pays double the price in tax
2. Say it only applies in Madrid and Barcelona
3. Explain that it started as a 2025 government announcement and a draft bill that had not been approved at last check, and that you will have a tax lawyer confirm the current status before he commits
4. Tell him to buy through a relative with an EU passport to avoid it

According to Idealista data for Q2 2026, how does the gross rental yield in Málaga city compare with the Spanish average?

1. Málaga is about 8.5%, well above the 6.5% average
2. Málaga is about 5.2%, below the 6.5% national average
3. Both are about 4%
4. Málaga is about 6.5%, exactly the national average

Example figures: a two-bedroom flat in Málaga costs EUR 350,000 and rents long term for EUR 1,500 per month. What is the gross yield (in %)?

Example figures: an apartment in Marbella costs EUR 600,000 plus 10% purchase costs. It rents for EUR 36,000 a year. Annual expenses: IBI EUR 1,200, community fees EUR 3,600, insurance EUR 400, management 10% of rent, maintenance EUR 1,200. What is the net yield on the total investment, before income tax (in %)?

In July 2026 Málaga city council moved to freeze new tourist accommodation in residential areas. What does this mean for an investor buying a flat there to put on Airbnb?

1. Nothing, the freeze only affects hotels
2. He can still register a new tourist flat if he pays a higher fee
3. The freeze lasts six months, so he only needs to wait
4. New tourist uses in residential areas are blocked for three years, so he must budget for long-term or seasonal letting unless the flat already holds valid tourist status

Since the reform of the Horizontal Property Law took effect on 3 April 2025, what does an owner need before starting a NEW tourist rental in a flat within a community building?

1. A favourable vote of three fifths of the owners, who must also hold three fifths of the participation quotas
2. A simple majority of owners present at the meeting
3. Nothing, the community has no say
4. Unanimous written consent from every neighbour

Under the Valencian Decree-law 9/2024 on tourist flats, how long does a registration in the Valencian Tourism Register last?

1. For life, it passes with the property
2. One year, renewed every summer
3. Five years, renewable with a new responsible declaration and a favourable municipal planning compatibility report
4. Ten years, then it expires with no renewal possible

In January 2025, which threshold did Málaga use to ban new tourist flat registrations in 43 neighbourhoods?

1. Neighbourhoods with more than 20% of flats owned by foreigners
2. Neighbourhoods where tourist accommodation already exceeded 8% of the residential stock
3. Neighbourhoods within 500 metres of the beach
4. Neighbourhoods with more than 1,000 hotel beds

Example figures: a non-resident buys a EUR 400,000 resale flat in Estepona. The bank lends 70% of the price, and purchase costs are 10% of the price. How much cash must the buyer bring (in EUR)?

Under Spain's mortgage credit law (Law 5/2019), what protection does a borrower get before signing a home loan?

1. A 30-day cooling-off period after signing the deed
2. The bank must lend at a fixed rate for non-residents
3. No specific protection for non-residents
4. The European Standardised Information Sheet (FEIN) and loan documents at least 10 calendar days before signing, plus a free session with the notary to confirm understanding

According to Knight Frank research cited in 2026, how has the number of branded residence schemes worldwide changed?

1. From 169 schemes in 2011 to 611, with more than 1,000 forecast by 2030
2. From 1,000 schemes in 2011 down to 611
3. It has stayed flat at about 200 schemes
4. From 50 schemes in 2011 to 100

Example figures: a comparable unbranded villa in Benahavís is worth EUR 1,500,000. Local estimates put the branded premium in Marbella at 15% to 30%. Using a 20% premium, what price would a similar branded villa command (in EUR)?

Example figures: an investor buys in Alicante for EUR 300,000 plus EUR 30,000 costs. Over five years he earns EUR 45,000 net rental income. He sells for EUR 390,000 and pays EUR 15,000 selling costs. Ignoring taxes, what is his total ROI on the money invested (in %)?