Davebev1 wrote on Mon Jan 25, 2021 8:14pm:
The tax payable would depend on the cadastral value of the property. Whilst you are non-resident there would be an annual tax paid yearly in arrears, on typical townhouse that may be around €100 to €150 a year per owner. The IBI (often referred to as Suma) is payable annuall...
Read more...
...y in the autumn and again depends on the CV but for a townhouse likely to be €200-€250 a year. Newer properties are usually higher.
On top of that you would have community fees, if you have a private pool you would need a pool man, standing charges for electricity and water, keyholder to check on property when empty (recommended), bank fees, wifi (get a switch on/off package), may need property insurance but if on a community there is probably a communal policy, maybe paying someone to file your tax return if you don't want to do it yourself.
And obviously the one-off costs of purchasing the property. Your purchase tax is 10% of the property value and you will need to allow for up to around €3000 for the legal fees etc.
Even if your property is in a community you would usually require buildings and contents insurance as the community insurance would normally only be for the public areas and not your own property. Even in a block of apartments buildings and contents insurance is required for your own apartment.