Buying Costs
This page is an advisory page only and represents our understanding of the current legal and business situation. Advice and opinions expressed here should never be used as a replacement for professional advice.
Both parties will have to pay for their own professional services. Estate agent fees are normally paid by the vendor.
- Lawyers fee: Normally 1% of the purchase price plus IVA (VAT), currently 18%
- Notary fees: Normally around 500 euros
- Registry fees: Depends on property value but usually around 300 euros
- Transfer tax: Usually 6-8% of purchase price
- Plus valia tax: A type of municipal tax. This is usually small (typically 250 euros) but can be significant. It should be paid by the vendor but very often the contracts stipulate that the purchaser will pay this.
If your intend to take out a mortgage there will be additional costs such as property valuation fees and arrangement fees. You can find more information on our mortgages page.
If you intend to bring your furniture from your home country, you will need to allow for removals costs. These can be significant.
Buying property in Spain - First Steps - Choose your area
Calculate your budget and arrange finance
Decide on the type of property you want and see what is available
Arrange an inspection visit to see available Spanish properties
Arranging a mortgage on your Spanish property
Tax considerations when buying Spanish property
