What are the costs of buying a property in Spain?

What are the costs of buying a property in Spain?

The costs of buying a property in Spain depend on several factors, such as the location or whether you are buying a new property from a developer or a resale property from an individual. You need to pay the following:

  • taxes: between 8-12% of the purchase price, depending on the location of the property
  • notary fee: around 700€
  • registration fee: around 350€
  • consulting fees: around 450€
  • unbiased appraisal of property: around 250€

This results in the total extra fees when buying property in Spain (excluding property tax) being around 1,700€.

These fees are indicative and the value of the property, location of the property, entities you conduct the mandatory dealings with, and other factors will affect the costs of the fees.

Keep reading a guide that covers everything you need to know when buying a property in Spain as a foreigner.

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