Hi could anyone tell me how much it should cost for solicitors fees for house purchase thanks in advance.
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
Posted: Thu Jan 12, 2023 6:23pm
Super helpful member
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.
Posted: Thu Jan 12, 2023 9:34pm
Legendary helpful member
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.
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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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)
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
Posted: Sun Jan 15, 2023 1:19pm
Legendary helpful member
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:
Read more...
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.
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.
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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