SunnyCasas logo - Spanish estate agents, horizontal version
+34 691 160 120
Email Us

Property Purchasing Costs in Spain

When buying property in Spain, costs can vary depending on whether the property is new or second-hand, as well as the region and other factors. Typically, expenses amount to 11-14% of the purchase price. Let us guide you through these costs for a smooth purchasing journey.

Key Costs

1. VAT (IVA)

  • New Properties: 10% VAT across Spain (except Canary Islands).
  • Land & Commercial Purchases: 21% VAT. This rate also applies to parking spots with separate title deeds.

2. Property Transfer Tax (ITP)

Applicable to second-hand properties, generally between 7-10%, varying by region and property value.

3. Stamp Duty (AJD)

Stamp duty for new homes, typically 1.2-1.5%, varies by region.

4. Legal Fees

While optional, we highly recommend seeking legal assistance. Our team offers comprehensive support, typically around 1% of the purchase price.

5. Notary and Land Registry

Notary fees range around €1,000, and land registry fees are typically €750, depending on property value.

Additional Mortgage Costs

  • Valuation Fees: Around €250-450, depending on the valuation company and property value.
  • Disbursement Fee: Varies between 0-1%, depending on the bank.

Next Steps?

Our team at Sunny Casas is here to assist you every step of the way, ensuring a seamless property purchase experience. Contact us to discuss your needs and let’s make your dream home in Spain a reality.

Let Us Call You!

Contact us for more info.

By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Need assistance? We're here to help.

Let Us Call You

Customer Feedback

The SunnyCasas team made purchasing a holiday home in Albir straightforward. They even provided guidance on transferring funds to a Spanish bank account.

André Weber

I bought a holiday apartment in Punta Prima through SunnyCasas. Their support in finding a bilingual lawyer was incredibly helpful for understanding the contracts.

Sarah Murphy

SunnyCasas helped me find the perfect investment property in Gran Alacant. Their insights into market trends were spot-on, and the process was smooth.

Marco Santana

Properties in Sale

Newest Properties Around You

See all properties