Navigating Spanish Property Purchase Costs
What additional costs should buyers anticipate beyond the purchase price?
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Rob Rubin Group
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What additional costs should buyers anticipate beyond the purchase price?
Beyond the property price, buyers should budget for transfer tax (6-10% for resale properties), notary and land registry fees (1-2.5%), legal assistance, and potential agent commissions. New builds incur 10% VAT instead of transfer tax. Annual property tax (IBI) and community fees apply thereafter.
For a detailed breakdown of purchase and ongoing costs, visit Spain-Real.Estate.