The acquisition caps
Since Llei 5/2025 there is a ceiling on how many units a foreign investor may acquire. Exceeding it does not make the deal more expensive: it blocks it.
One house, two flats or six spaces
The cap takes one of three forms: either a parcel with one single-family home, or a single-family home, two flats, two apartments or two studios, or six parking spaces. Each flat may carry up to three parking spaces and three storage rooms or similar, unless the condominium title assigns it more.
SourceLlei 5/2025, art. 9.1
What the count includes
Every property held since the law came into force is counted, and the limit runs for ten years from the formalisation of the investment with which the cap was reached. Properties acquired by inheritance or through the liquidation of the matrimonial property regime are excluded, as are dwellings put to affordable rental for ten years. The simulator asks for the number of prior units: it is up to the person answering to apply those exclusions.
SourceLlei 5/2025, art. 9.2
Property development is prohibited
Foreign investment for the purpose of property development is prohibited. The only exceptions are developments given over entirely to letting dwellings as habitual and permanent residences, with at least 50% at an affordable price and the letting maintained for at least ten years, and developments located in parishes that have revised their urban plan.
Other prohibited uses
Also prohibited are rent-to-own arrangements, leases between linked entities, and putting the dwelling to use as a tourist apartment or tourist-use dwelling.
SourceLlei 5/2025, art. 9.7
This case, calculated
The simulator applies these rules to the buyer's actual profile and returns the amount, the caps and the documents.
Informational content, prepared from the legal texts consulted in July 2026. Rates and thresholds may be changed by the annual budget law.