Property Purchase Costs in Spain – Taxes, Notary & Fees | R E C

Property Purchase Costs in Spain – Full Guide by R E C

When buying property in Spain, it's important to budget more than just the sale price. There are several additional costs that every buyer – especially foreigners – should understand clearly. Here's what to expect.

Main Taxes When Buying

Transfer Tax (ITP): 6%–10% for resale properties (depends on region)
VAT (IVA): 10% for new builds
Stamp Duty (AJD): 0.5%–1.5% on new builds

Notary & Land Registry Fees

These are official costs for signing the deed and registering the property. Total: around 1%–2% of the purchase price.

Legal Fees

Using a qualified lawyer is strongly recommended. Fees usually range from €1,000 to €2,500 depending on the complexity.

Other Common Costs

Gestoría (admin service): €300–€600 (for paperwork)
NIE number: €100–€300 if done through legal rep
Banking/mortgage setup fees: varies

How Much Should I Budget in Total?

As a general rule, you should add 10%–13% on top of the property price to cover all purchase-related costs.

Need Help Calculating Your Budget?

At R E C, we work with expert legal and financial advisors to give you a full breakdown before you commit to anything.

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