Reply To: What are the buying costs for property in Spain?

Spain Buying, Moving, Owning & Living Overseas What are the buying costs for property in Spain? Reply To: What are the buying costs for property in Spain?

#120688
SoFinest

This rough guide will give you an idea of the costs of buying property in Spain.

New Properties allow for 14.2% of the property cost. If you seek a mortgage your costs increase to about 17%.

Costs include stamp duty, legal fees, notary and registry fees, documentation eg power of attorney, NIE application and certificates.

Resale properties allow for 11% of the property cost. If you seek a mortgage your costs increase to around 14%.

Costs include transfer tax, legal fees, notary fees, documentation eg NIE applicaiton and certificates, power of attorney.

Best advice, I can give you. Make sure you get the right help.