Additional costs in buying property in Spain

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.

Spanish street

Both parties will have to pay for their own professional services. Estate agent fees are normally paid by the vendor.

The purchaser normally has to pay:

  • Lawyers fee: Normally around 1% of the purchase price plus IVA (VAT).
  • Notary fees
  • Registry fee: Depends on property value
  • Transfer tax
  • Plus valia tax: A type of municipal tax. This is usually small but can be significant. It should be paid by the vendor but very often the contracts stipulate that the purchaser will pay this.

If you 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 or elsewher in Spain, you will need to allow for removals costs. These can be significant.

Buying property in Spain - First Steps - Choose your area

Decide on the type of property you want and see what is available

Calculate your budget and arrange finance

Arrange an inspection visit to see available Spanish properties

Making an offer on a property

Exchanging currency

Arranging a mortgage on your Spanish property

Legal matters

Deposit and completion

Tax considerations when buying Spanish property

Approximate costs when buying property in Spain