Buying costs
- Georgia
- No tax
No transfer tax, only small fees
- Spain
- often around 10%
Regional transfer tax or 10% VAT on new builds, plus notary and registry
At the same price, much more of your money goes into the apartment in Georgia.
Georgia or Spain? A new market against the classic.
In short
Spain is Europe's best-known holiday property market, with EU law and the euro. But buying costs are high: several percent of transfer tax depending on the region, or 10% VAT on new builds. Spain abolished its property Golden Visa in April 2025. Georgia has no transfer tax, lower prices and a residence permit through property from USD 150,000.
To the comparisonFor EU citizens Spain is familiar and legally close. Georgia offers more apartment per euro.
Buying property in GeorgiaComparison
The key differences.
Typical differences for international buyers. Rules can change; see the review date below.
The comparison describes the general legal situation, not a guarantee for individual projects.
Residence
- Georgia
- from USD 150,000
Temporary residence permit through property
- Spain
- No property visa
Golden Visa abolished in April 2025; EU citizens don't need one
For non-EU buyers, Georgia is clearly ahead on residence through property.
Tax on rent
- Georgia
- 5%
On residential rent for individuals
- Spain
- 19 to 24%
For non-resident owners, depending on country of origin
Taxes at home may apply in both cases. Get advice.
Compare projects in Georgia side by side.
Compare projectsVerdict
What suits whom.
Both markets have strengths. Budget, need for certainty and taxes decide.
Georgia suits you if …
you want to start with a smaller budget, save on costs and taxes and bet on a growing market.
Spain suits you if …
you want EU law, the euro and a very established market and accept higher costs.
For both
Have contract and documents checked by an independent lawyer. Clarify local holiday rental rules.
Frequently asked questions
Questions about the comparison.
Prices, the Golden Visa, rental taxes and holiday rentals.
Is Georgia cheaper than Spain?
Usually yes, on prices and especially on buying costs. In Spain these are often around 10% depending on region and property; in Georgia only small fees apply.
Does Spain still have a Golden Visa?
No. Spain abolished the Golden Visa through property purchase in April 2025.
How high is the tax on rental income?
In Georgia 5% for individuals on residential rent. In Spain non-resident owners pay 19% (EU and EEA) or 24% (other countries).
Are holiday rentals allowed in Spain?
Regions and cities regulate them, often with licences and restrictions. Check the rules before buying.
Last reviewed on November 1, 2026. Sources: Tax Code of Georgia, Organic Law 1/2025 (Spain) (end of the Golden Visa), Agencia Tributaria (non-resident income tax). This guide is not legal or tax advice.
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