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Solicitors charges

Posted: Wed Apr 4, 2018 10:28am
2 replies93 views3 members subscribed
Redreresa

Posts: 1

Location: Punta Prima

Joined: 22 Oct 2017

Hi we are thinking about buying a property in Punta Prima I have contacted 1 solicitor and costs seem to be really high. Can someone please tell me what usual costs are 

Stephanie86

Posted: Wed Apr 4, 2018 12:56pm

Stephanie86

Legendary helpful member

Posts: 2786

2102 helpful points

Location: Lliber

Joined: 4 May 2017

Posted: Wed Apr 4, 2018 12:56pm

The overall costs of buying here are dearer than uk, but the actual solicitor’s fee is only a small part of this. Firstly there is a 10% purchase tax (10% of the price agreed for your property); notary fees, land registry fees and solicitor’s fees. The average rule-of-thumb is between 12 and 13 percent of the purchase price of your property over and above this cost, but the biggest component is the purchase tax.

271935

Posted: Wed Apr 4, 2018 2:12pm

271935

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Posts: 836

679 helpful points

Location: Villamartin

Joined: 30 Apr 2016

Posted: Wed Apr 4, 2018 2:12pm

I paid 1700e euro.

Which broke down to

1000e Notary

200e  For NIE and changing over all bills. Utilities SUMA community

50e To open and set up Spanish bank account.

450e Sols fees.

As above I paid a the 10% stamp duty on top of this

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