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I know this has been asked in the past but could someone please advise on the legal fees, taxes etc.. for purchasing a property in Spain. We are looking between 100-120k EUR.
Thank you in advance.
Add about 14% on top for legal fees and taxes at the price you are looking for. 10% is transfer tax and the rest solicitors, notary and registration fees. utility connection and so on.
At about 175k and up then add about 13% for taxes and fees. Transfer tax will be the same but other charges will stay the same so less in percentage terms.
Posted: Tue Feb 13, 2024 8:59pm
marcliff wrote on Tue Feb 13, 2024 8:50pm:
Add about 14% on top for legal fees and taxes at the price you are looking for. 10% is transfer tax and the rest solicitors, notary and registration fees. utility connection and so on.
At about 175k and up then add about 13% for taxes and fees. Transfer tax will be the same but other charges will stay the same so less in percentage terms....
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Thank you so much for your quick response. Gives us a good idea of how much we need on top of purchase price.
Forgot to add that if you buy a new build property there is a further 1.5% equivalent to UK stamp duty for getting the legal documents and registration completed.
Posted: Tue Feb 13, 2024 9:23pm
marcliff wrote on Tue Feb 13, 2024 9:19pm:
Forgot to add that if you buy a new build property there is a further 1.5% equivalent to UK stamp duty for getting the legal documents and registration completed.
Thank you 😊
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