Calculate Your Total Property Purchase Costs in Spain

Why is this calculation essential?

Buying property in Spain involves specific fiscal rules different from the UK or US. On top of the asking price, you must budget for additional transaction costs (approx. 10-13%). This tool gives you immediate clarity on the real financial commitment.

Breakdown of Administrative & Fiscal Charges

• Transfer Tax / VAT: ITP (Transfer Tax) applies to resale properties, while VAT (IVA) applies to new builds. These rates vary by autonomous region.
• Stamp Duty (AJD): A tax on documented legal acts (applies mainly to new build properties). The rate also depends on the region.
• Notary Fees: Regulated fees for drafting and signing the public deed (Escritura), typically around 0.8% of the property value.
• Land Registry: Fees for officially registering your title deed in the Spanish Property Register (approx. 0.5%).
• Legal Fees (Lawyer): Estimated at 1%. Essential in Spain to ensure the property has no debts and is fully legal (urban planning compliance).

Need Expert Guidance?

These figures provide a reliable estimate. For a comprehensive analysis and to secure your transaction fully, our English-speaking legal team is at your disposal.