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Cost of lawyers for house purchase

Posted: Thu Jan 12, 2023 5:16pm
31 replies1323 views10 members subscribed
Sile1

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Location: Playa Flamenca

Joined: 10 Jan 2023

Hi could anyone tell me how much it should cost for solicitors fees for house purchase thanks in advance. 

elinspain

Posted: Thu Jan 12, 2023 5:45pm

elinspain

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Posted: Thu Jan 12, 2023 5:45pm

Hello

 I'm sure  every company would offer different prices but you can also use Gestors/Gestorias for house purchasing and they are cheaper than abogados/solicitors.  

It depends what you buy & where you buy & what you need them to do for you. When you can give this information you should call a few in the area you plan to buy (lots of local knowledge) and get some quotes.

Cheers

Elinspain

Herefordjack

Posted: Thu Jan 12, 2023 6:23pm

Herefordjack

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Posted: Thu Jan 12, 2023 6:23pm

If you want an estimate of the total additional legal/administrative/tax costs of buying a property in Spain, not just the lawyer's fee,15% of the purchase price is a good rule of thumb.

Davebev1

Posted: Thu Jan 12, 2023 9:34pm

Davebev1

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Posted: Thu Jan 12, 2023 9:34pm

The tax for this region is 10% of property value.

Use an independent legal firm for your purchase. The actual cost will depend on the company and extent of services you use so approach a couple for basic quotes.  A reasonable estimate allow up to €3000 to cover power of attorney, NIEs, conveyancing, notary fees, land registry fees, transferring utilities to your name, translations, setting up direct debits and handling payments. 

Pat4752

Posted: Fri Jan 13, 2023 11:52pm

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Joined: 28 Aug 2022

Posted: Fri Jan 13, 2023 11:52pm

We purchased our property in October 2022, we paid government tax 10% plus 3%, legal fees , we were given full pricing , and list of prices for any service we may require, we were in new house in 4 weeks, excellent all the way

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Mary59

Posted: Sat Jan 14, 2023 3:07pm

Posts: 54

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Location: Daya Nueva

Joined: 28 Feb 2022

Posted: Sat Jan 14, 2023 3:07pm

Sile  we used MAM Solicitors. Jose Maria.   He was excellent.   He gave us a great service and was very reasonable.   I cannot give you the price we paid as there were various matters included.   However  he has perfect English and we would highly recommend.   Good luck.   Tom & Mary  Daya Nueva   (ps mention our names if you wish)

Manus

Posted: Sun Jan 15, 2023 11:24am

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Joined: 4 Nov 2020

Posted: Sun Jan 15, 2023 11:24am

Sile1 wrote on Thu Jan 12, 2023 5:16pm:

Hi could anyone tell me how much it should cost for solicitors fees for house purchase thanks in advance. 

Hola Sile1,

The following is the breakdown of costs (as detailed by my solicitor) when I purchased my property in May 2021:

10% capital Transfer Tax  41.500 Euros

3% Capital Gains Tax  12.450 - "Vendor" retention as he was returning to Sweden and not purchasing another property in Spain.

Plus Valia Tax  792,56 - another "Vendor" retention.

Notary  1.200

Property reg.   500

Town Hall Cert.  35

XXXX Services (My solicitor)  1.089

Hope this helps and good luck!

Manus                                                                                   

Davebev1

Posted: Sun Jan 15, 2023 1:19pm

Davebev1

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Posted: Sun Jan 15, 2023 1:19pm

Manus wrote on Sun Jan 15, 2023 11:24am:

Hola Sile1,

The following is the breakdown of costs (as detailed by my solicitor) when I purchased my property in May 2021:

10% capital Transfer Tax  41.500 Euros

3% Capital Gains Tax  12.450 - "Vendor" retention as he was returning to Sweden and not purchasing another property in Spain.

Plus Valia Tax  792,56 - another "Vendor" retention.

Notary  1.200

Property reg.   500

Town Hall Cert.  35

XXXX Services (My solicitor)  1.089

Hope this helps and good luck!

Manus                                                                                   

Hi Manus

Just to clarify, the Capital Gains Tax and Plus Valia are the responsibility of the vendor, not the buyer. Think the "Town Hall" cert may mean new habitation/second occupancy certificate, again a cost for vendor not buyer.

Kim007

Posted: Sun Jan 15, 2023 9:09pm

Kim007

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Posted: Sun Jan 15, 2023 9:09pm

Sile1 wrote on Thu Jan 12, 2023 5:16pm:

Hi could anyone tell me how much it should cost for solicitors fees for house purchase thanks in advance. 

Strongly advise you to NOT use a gestor.  If problems occur they do NOT hold legal weight. 
Use a qualified lawyer, and NOT the estate agents lawyer.

  

Manus

Posted: Mon Jan 16, 2023 8:51am

Posts: 49

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Location: Benijofar

Joined: 4 Nov 2020

Posted: Mon Jan 16, 2023 8:51am

Davebev1 wrote on Sun Jan 15, 2023 1:19pm:

Hi Manus

Just to clarify, the Capital Gains Tax and Plus Valia are the responsibility of the vendor, not the buyer. Think the "Town Hall" cert may mean new habitation/second occupancy certificate, again a cost for vendor not buyer.

Correct Davebev1 !!

Interestingly, my legal fees were considerably cheaper than a quote I received from another local firm.

Manus

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