How to buy Spanish shares? - invest in Spain (2024)

The Spanish sun is great, but a good investment in Spain with a good return can be even better. But what is the best way to invest in Spain? In this article, you will learn how to buy Spanish shares!

Where can you buy Spanish shares?

Curious about which brokers allow you to invest in Spain? In the overview below, you can see which brokers allow you to buy and sell Spanish shares:

BrokersBenefitsRegister
eToro buy stocksBuy without commissions. Your capital is at risk. Other fees may apply.
Plus500 trade stocksSpeculate with CFD's on increasing & decreasing prices of ! 82% of retail CFD accounts lose money.
DEGIRO buy sharesBenefit from low fees, an innovative platform & high security!
Avatrade buy sharesSpeculate on price increases and decreases of with a free demo!

When selecting a broker, pay close attention to the transaction costs for trading Spanish stocks. Transaction fees can put significant pressure on your long-term returns.

Don't forget to do thorough research on the company when investing in Spanish stocks.

Investing on the Spanish stock market

Spain has several stock exchanges, but the Madrid Stock Exchange is by far the largest. If you want to invest in large and well-known companies, this is where you should place your orders.

A good method to invest in the Spanish economy is by buying an ETF on the Ibex 35 stock index. This index is also known as Spain's benchmark index and includes the 35 largest companies by market capitalization. By buying an ETF on the Spanish stock market, you can invest in a broad selection of companies with one investment.

When investing in Spain, it's important to thoroughly research the country's economic situation. Spain has a significant debt burden and has not always performed well economically. When an economy does not function well, the companies in the country can suffer as a result.
Investing in Spain.

Tip: Click here to see the opening hours of the Spanish stock exchange.

How to buy Spanish stocks?

  1. Open an account with a broker: first, open an account with a broker where you can invest in Spanish stocks. Click here to see which brokers allow you to invest in Spain.
  2. Select a stock: research different companies and then select the share in which you want to invest.
  3. Place an order: you can then place an order on the stock. This can be done at the current price (market order) or at a set price (limit order).
  4. Evaluate: don't forget to evaluate your investments regularly! Is the investment still a good fit for you?

Investing in Spanish Real Estate

Many investors choose to buy a second home in Spain. This can be attractive: the return on (holiday) rentals can be high. In addition, house prices in Spanish cities are still relatively low compared to some other European cities.

However, investing in real estate involves a lot of work. You have to maintain the property, and because it involves large sums of money, you can lose a significant amount. Therefore, it is important to carefully consider investing in Spanish real estate!

Which Spanish stocks can you invest in?

Many people ask me what the best Spanish stock is to invest in. There is no good answer to this: which share is best for you depends entirely on your personal situation and risk tolerance. However, I do want to mention some well-known Spanish companies below that you could invest in:

  • Banco Santander : this is perhaps the most well-known bank in Spain!
  • Telefonica: this is one of the largest telecom companies in the world, with its headquarters in Madrid.
  • Repsol: this is a Spanish energy and chemicals company and is one of the 1,000 largest companies in the world.
  • Caixabank: another well-known Spanish bank in which you could invest.
  • Naturgy: Naturgy is a large Spanish supplier of electricity and gas.

Which Spanish stock exchanges can you invest in?

  • Bolsa de Madrid
  • Bolsa de Barcelona
  • Bolsa de Bilbao
  • Bolsa de Valencia

Some final tips for investing in Spain

  • Start early: thanks to the power of compound interest, you can build a large portfolio faster by starting to invest at an early age. Learn more about it here.
  • Diversification: don't invest all your money in one stock or sector. By spreading your investments, you increase your chances of a positive return.
  • Innovation: by investing in innovative companies focused on growth, you can increase the returns on your investments.
  • Costs: by minimizing your costs as much as possible, you can achieve a better long-term return.

Try trading risk free?

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