Spanish Property Purchase Costs Calculator
This calculator estimates the total costs involved in purchasing a property in Spain, including transfer tax (ITP/VAT), notary fees, registry fees, and other associated costs.
Cost Breakdown
Property Price:
€0
Transfer Tax/VAT:
€0
Notary Fees:
€0
Registry Fees:
€0
Legal Fees:
€0
Total Costs:
€0
Here's a comprehensive table summarizing all you need to know about Spanish property purchase costs:
| Cost Type | New Build Property | Resale Property | Notes |
|---|---|---|---|
| VAT (IVA) | 10% | N/A | 21% for commercial properties and land |
| Property Transfer Tax (ITP) | N/A | 6-10% | Varies by region |
| Stamp Duty (AJD) | 1-1.5% | N/A | Varies by region |
| Notary Fees | 0.1-2% | 0.1-2% | Usually €600-€1,200 |
| Land Registry Fees | 0.1-2% | 0.1-2% | Usually €400-€700 |
| Legal Fees | 1-2% | 1-2% | Typically €1,000-€2,000 |
| Real Estate Agent Fees | 3-6% | 3-6% | Usually paid by seller |
| Mortgage Costs (if applicable) | 2-4% | 2-4% | Includes valuation, arrangement fees, etc. |
| NIE Number | €10-€20 | €10-€20 | Required for non-Spanish buyers |
| Utilities Connection | Varies | Varies | Depends on property and location |
Additional notes:
- Total purchase costs typically range from 10-15% of the property price124.
- Costs can vary depending on the region and specific circumstances of the purchase24.
- New build properties incur VAT instead of Property Transfer Tax14.
- Some regions may have additional local taxes or fees4.
- It's advisable to budget for the higher end of the range to avoid surprises2.
- Legal representation is highly recommended to navigate the Spanish property purchase process23.
- Mortgage costs are additional and should be factored in if financing is required2.
This table provides a general overview of the costs involved in purchasing property in Spain. However, it's important to consult with local professionals for the most accurate and up-to-date information specific to your situation and the region where you're buying.