Lexington Realty dedicated estate agency in Costa Blanca
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 €