Lexington Realty real estate agency in Costa Blanca, Alicante, Santa Pola, Gran Alacant
Purchase expenses
As almost all prices are stated as net prices in Spain you must as a rule of thumb calculate an extra 11-13% to the advertised price. The 11-13% will cover the following fees:
| Type of cost resale property |
300,000 € |
| Lawyer's fee (0,5 - 1%) Depending on the price of the property and the complexity of the purchase |
3,000 € |
| Transfer Tax (10 %) (ITP - Impuestos de transmisiones patrimoniales) |
30,000 € |
| Notary fee (max 5%) |
1,500 € |
| Property register fee (1 - 1,5%) |
425 € |
| Utility contracts Change of electricity, water, gas |
250 € |
| TOTAL ADDITIONAL COST (11 - 13%) |
35,175 € |
