Lexington Realty real estate agency in Costa Blanca, Alicante, Santa Pola, Gran Alacant
Lexington Realty

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 €