How to Estimate Costs Related to Your Property Purchase in Spain
Spain is no different to other countries when it comes to buying a property. In addition to the purchase price, there are associated acquisition costs such as notary fees, stamp duty, registry fees, legal and administration expenses, bank fees, VAT (IVA), Transfer Tax, etc. Here is some basic information (based on 2018 regulations) to help you understand and estimate these related expenses, but we strongly recommend you also obtain professional advice – from legal and financial experts - to clarify and confirm your own individual situation. Also bear in mind that mortgage costs are currently the subject of court action and a government review.