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Real Estate in San Sebastian, Spain | Expat Exchange
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San Sebastian, Spain

Real Estate in San Sebastian, Spain

By Joshua Wood, LPC

Last updated on Mar 04, 2023

Summary: The most desirable neighborhoods in San Sebastian, Spain are Gros, Centro, and Antiguo. The average cost to buy a nice 2 bedroom home in San Sebastian is around $400,000 USD, while a nice 3 bedroom home can cost up to $600,000 USD. These properties typically include modern amenities such as updated kitchens, bathrooms, and living spaces. Foreigners are allowed to purchase property in San Sebastian, however, they must obtain a visa and residency permit in order to do so. When searching for a home to buy in San Sebastian, it is important to research the area and the local market. It is also important to work with a real estate agent who is familiar with the area and can provide advice on the best neighborhoods and properties. Additionally, it is important to consider the cost of living in the area and the availability of amenities.

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How do I find a place to live in San Sebastian?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in San Sebastian is to use online rental websites such as Idealista, Fotocasa, and Habitaclia. These websites allow you to search for rental properties in San Sebastian and filter your search by price, size, and location. Additionally, you can contact local real estate agents who specialize in rental properties in the area. Finally, you can also look for rental postings on local classifieds websites such as Segundamano.es," explained one person living in San Sebastian, Spain.

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What is a typical expat home or apartment like in San Sebastian?

"Expat homes and apartments in San Sebastian are typically modern and spacious, with plenty of natural light. Many of the apartments have balconies or terraces with views of the city and the nearby mountains. The interiors are often decorated with contemporary furnishings and feature open-plan living areas. Many of the apartments also have access to communal gardens and swimming pools," remarked one foreigner who made the move to San Sebastian.

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What is the average cost of housing in San Sebastian?

If you are thinking about moving to San Sebastian, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in San Sebastian is generally quite high. Renting an apartment in the city center can cost anywhere from €800 to €1,500 per month, while renting a house in the suburbs can cost around €600 to €1,000 per month. Prices can vary depending on the size and location of the property," said one person in San Sebastian.

Should I buy or rent a home in San Sebastian?

If you have not spent a lot of time in San Sebastian, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in San Sebastian can be a great investment. The city is known for its beautiful beaches, vibrant culture, and delicious cuisine. The cost of living is relatively low compared to other cities in Spain, making it an attractive option for those looking to purchase a home. Renting a home in San Sebastian can also be a great option, as it allows you to experience the city without the commitment of buying a home. Additionally, renting can be a great way to explore different neighborhoods and find the perfect place to call home," explained one person living in San Sebastian, Spain.

What do I need to know when buying property in San Sebastian?

When we asked expats what advice they would give a foreigner before buying a property in San Sebastian, they said:

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the local laws and regulations regarding property ownership and taxation. 3. It is important to hire a qualified lawyer to help with the legal aspects of the purchase. 4. It is important to understand the local customs and culture when buying property in San Sebastian. 5. It is important to understand the local infrastructure and amenities available in the area. 6. It is important to understand the local housing market and the types of properties available. 7. It is important to understand the local financing options available for purchasing property. 8. It is important to understand the local rental market and the potential for rental income. 9. It is important to understand the local property taxes and fees associated with owning property in San Sebastian. 10. It is important to understand the local insurance requirements for owning property in San Sebastian," wrote one expat who made the move to San Sebastian.

Are foreigners allowed to own property in San Sebastian?

When we asked expats what advice they would give a foreigner before buying a property in San Sebastian, they said...

"Yes, foreigners are allowed to own property in San Sebastian. Non-residents of Spain are able to purchase property in the country, however they must obtain a tax identification number from the Spanish Tax Office in order to do so. Additionally, they must also open a Spanish bank account in order to make payments for the property. It is important to note that non-residents are subject to certain taxes and fees when purchasing property in Spain," explained one person living in San Sebastian, Spain.

What appliances are typically included in a rental?

We asked foreigners in San Sebastian what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In San Sebastian, rental properties typically include a refrigerator, stove, oven, washing machine, and dishwasher. Additionally, some properties may include a microwave, toaster, and coffee maker," said one person in San Sebastian.

Additional Information about Searching for a Home in San Sebastian:

We asked foreigners in San Sebastian what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in San Sebastian by looking online for real estate listings, contacting local real estate agents, and searching for rental listings on websites such as Airbnb and HomeAway. Additionally, expats can look for housing options in local newspapers and magazines, as well as asking friends and family who may have connections in the area," said one person in San Sebastian.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

San Sebastian, Spain

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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