Typical Extra Expenses When Buying a Home in Spain
Taxes and Costs When Buying Property in Spain
When buying property, the sale price is just the beginning. We break down all the additional taxes and costs so you can calculate your real budget with no surprises.
1. Main Purchase Taxes
🏠 Resale Properties
The main tax is ITP (Property Transfer Tax).
6% - 10%
*Depends on the Autonomous Community where the property is located.
Learn about ITP →🏗️ New Build Properties
Two combined taxes apply: VAT and Stamp Duty (AJD).
10% + 1.5%
*General 10% VAT + AJD, which varies slightly by region.
Learn about VAT & AJD →2. Other Essential Costs
Notary & Registry Fees
Fixed costs regulated by law to formalize the deed and register the property in your name.
Learn more →Mortgage Costs
If you need financing, you must include the valuation fee and any potential bank commissions.
Learn more →Practical Example (Property of €250,000)
For a resale property of €250,000 in the Valencian Community, the additional costs would be:
Notary & Registry:~ €1,500
Legal Fees:~ €1,500
TOTAL ADDITIONAL COSTS:~ €28,000
Get Your Real Budget With No Surprises
Every purchase is unique. If you want an exact calculation of all taxes and costs for the property you are interested in, our tax team is at your service.