How much does a Property cost in Spain

We would like to give you an overview in advance of the costs associated with your future home in Spain. In general, the buyer's costs (incidental land acquisition costs) in our area amount to approximately 12% of the purchase price.

We would also like to give you an overview of the maintenance costs that will be incurred by you as the owner, so that you can get an idea of whether or not buying a property is an option for you.

Below you will find a fictional calculation examples of how the total amount is made up, so that you know exactly what you need to consider

 

 

€

Purchase                                    € 200,000

Transfer tax of 10%                  € 20,000

Notary and Registro fees         € 1,200

Attorney fees                             € 2,420

Administration fees/ gestoria € 250

Total          €23,870 ( 11.9%)
 

€€

Purchase                                   € 300,000

Transfer tax of 10%                  € 30,000

Notary and Registro fees         € 1,800

Attorney fees                             € 2,420

Administration fees/ gestoria € 250

Total          €34,470 ( 11.5%)
 

€€€

Purchase                                    € 500,000

Transfer tax of 10%                  € 50,000

Notary and Registro fees         € 2,500

Attorney fees                             € 3,025

Administration fees/ gestoria € 250

Total          €55,775 ( 11.5%)

 

 

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