PURCHASE COSTS WHEN BUYING PROPERTY IN SPAIN

➡️ Purchase Costs When Buying Property in Spain

 

When buying a property in Spain, it is essential to calculate the additional purchase costs. These costs usually amount to 10–12% of the purchase price.

 

➡️ Overview of Purchase Costs

 

➡️ Property Transfer Tax (ITP): 7–10% (resale properties)

➡️ VAT (IVA): 10% (new-build properties)

➡️ Stamp Duty (AJD): approx. 1–1.5%

➡️ Notary fees

➡️ Land Registry fees

➡️ Legal & administrative costs

 

➡️ New Build vs Resale Property

 

➡️ New builds: VAT + stamp duty apply

➡️ Resale properties: Property transfer tax applies

 

➡️ Important Tips

 

➡️ Always calculate purchase costs in advance

➡️ Keep a financial buffer

➡️ Get professional guidance

 

➡️ Related Guides

 

➡️ NIE Number

➡️ Bank Account

➡️ Notary & Contract

➡️ Financing

 

➡️ Contact Mike Naumann Immobilien

➡️ WhatsApp: +34 622 318 266

➡️ View Properties

Use of cookies

We use our own and third-party cookies to improve the experience on our website and for analytical purposes. Some are necessary for the proper functioning of the website, others you can configure or reject them. You can see more information on the Cookies policy


 

Immobilien-Assistent
Bot Icon Immobilien-Assistent,
Anfrage starten
Bot Icon Immobilien-Assistent
Ihre Nachricht wurde gesendet!