Content:

When buying a house in Spain, it is important to look beyond the purchase price. There are additional costs that buyers should take into account before making a decision.

On average, total additional costs range between 10% and 15% of the property price.

Main costs when buying property in Spain

The main costs include:

• Transfer tax or VAT (depending on the type of property)
• Notary fees
• Registration fees
• Legal fees (lawyer)

These costs vary depending on the region and type of property.

Transfer tax

For resale properties, buyers usually pay transfer tax. This rate differs by region in Spain but is typically between 6% and 10%.

Notary and registration

The notary handles the official transfer of ownership. The property must also be registered in the Spanish land registry.

Legal support

Hiring a lawyer is highly recommended. A lawyer will check:

• Property ownership
• Outstanding debts
• Legal documentation

Total cost overview

As a general rule, you should expect:

• Property purchase price
• • 10% to 15% additional costs

Conclusion

Buying property in Spain is straightforward, but it is essential to budget for all additional costs in advance. With proper guidance, the process is safe and transparent.

Call to action

Contact Bognár Estates for personalized advice and a full cost breakdown for your property purchase in Spain.