Buying a new build property

• 10 % - VAT
• 1,5 % -Stamp Duty ( impuesto de Actos Juridicos Documentados)
• 0.4% - 0.8% - Notary
• 0.2% - Land Registry (Registro de Propiedad)
• 300-400 € - Electricity and water connection

Total costs 12-13%

Buying a resale property

• 10 % - Property Tax ( impuesto de Actos Juridicos Documentados)
• 0.4% - 0.8% - Notary
• 0.2% - Land Registry (Registro de Propiedad)

Total costs - 11 %

Spanish Mortgage Costs

• 0.5 % Notary
• 1.5 % Mortgage deed tax ( impuesto de Actos Juridicos Documentados)
• 350 € - Land Registry
• 350 € - Valuation fees
• 1% - 2% - Bank arrangement fees

Mortgage fees total - 3 %

Solicitor cost- 1200 €

• Power attorney at the notary (optional)
• Preparation of contracts
• Checking whether the owners are legal, registered holders of property
• Checking Sales Contracts
• Changing electricity and water bill in the name of the new owner
• Obtain a nondebt certificate from Townhall
• Obtain a nondebt certificate from Comunity of Owners
• Preparation of the meeting at the Notary
• Check all the necessary documents so that the transaction is safely