Fees for buying a property in La Zenia

Posted: Mon Oct 14, 2019 12:27pm

2 replies213 views2 members subscribed

Posts: 16

Joined: 12 Oct 2019

Hi

My wife and I are looking to buy a property in or near La Zenia as a holiday home. We are working on getting our NIE and bank account sorted. We are doing plenty of online searches for property and have a few visits planned. My question is what are the rough fees for buying a property. I hear we need to expect a 12% on top of the purchase price but what does this include? How much should I expect an estate agent to charge me and what would you all say is the going rate for a solicitor for the sorting out NIEs, bank account and conveyancing etc. What is the current tax on a property purchase and is there any other fees I can expect to pay? This just for the purchase as the running costs are another question for another day

Reply
View 2 replies

Posted: Mon Oct 14, 2019 4:15pm

Davejclear

Original Poster

Posts: 16

Location: La Zenia

Joined: 12 Oct 2019

Posted: Mon Oct 14, 2019 4:15pm

Thanks very much for this, very helpful. I thought estate agents were charging buyers as well so that’s good to hear that it is not expected

Reply

Posted: Mon Oct 14, 2019 5:35pm

jimtaylor

Legendary helpful member

Posts: 5612

8739 helpful points

Location: Mudamiento

Joined: 2 Feb 2017

Posted: Mon Oct 14, 2019 5:35pm

Estate agents make their money by selling a property for more than the buyer is asking. If you see a property you want, have a word with the seller to see what they want, then start negotiating - hard - with the estate agent.