Cost of owning a property in Spain | Lexington Realty
Lexington Realty real estate agency in Costa Blanca, Alicante, Santa Pola, Gran Alacant
Lexington Realty

Cost of owning a property in Spain

Type of cost (per year)

Price

Insurance
Depending on the price of the property and the content

From 200 €

Annual property tax
Base - Valor Catastral

0,2 - 2,5%

Local annual property tax (IBI)
Base - Valor Catastral

0,2 - 1,1%

Community fees
Pool, garden, security, general maintenance

400-600 €

Utility contracts - Fix cost
Electricity, water, gas, garbage

400-600 €