Property Buying Costs in Spain

10th January 2024

What are the costs when you buy a house in Spain?

Updated: January, 2024

You are thinking of investing in a home in Spain! An excellent choice that thousands of foreign investors make every year. nardia real estate agents – your international real estate agent on the Costa Blanca - will guide you from A to Z and beyond. In this text you find a clear overview of the buyer costs that will come due when you invest in a property on the Costa Blanca.

The additional costs can be calculated in advance. For many people it is unclear what percentage of ancillary costs should be added on top of the property value. We often get this question and for that reason we have prepared this overview on our website

It is important to know in advance what the total cost of your investment will be to avoid surprises afterwards. This article lists the buyer costs applicable to a purchase on the Costa Blanca.

The following costs are added to the purchase price of the property:


10% tax on the purchase price

Notary fees and the registration of the deed in the register of properties

Legal assistance

Other one-off costs


Tax on the purchase price

You pay 10% tax on the purchase price of the house.

When purchasing an existing home, there is 10% ITP (Impuesto de Transmisiones Patrimoniales). You pay this tax after the signing of the notarial deed of sale to the notary´s bank account. The notary public will take care of the payment to the Spanish state.

On a new build home, a special reduced VAT rate of 10% applies (regular VAT is 21% in Spain). You pay the 10% VAT directly to the construction company.

1.5% stamp duty (Actos Jurídicos Documentados) is also payable on the purchase price on the investment in a new-build home. The stamp duty will be charged by and paid to the notary. Stamp duty is not paid on resale property transactions.


Notary fees and the registration of the deed in the register of properties

The costs of the notarial deed of purchase are paid by the buyer. For this reason, as a buyer, you can choose the notary where you sign. The costs of the notary are determined by law. In Spain, the notary only arranges the transfer and is not obliged to carry out checks on the property, outstanding mortgages, etc. You will receive a copy (copia simple) of the signed deed on the day of signing.

After signing the deed at the notary, it must be registered in the register of properties. Immediately after signing of the deed the notary in Altea with whom our office nardia real estate agency cooperates on a regular basis, sends a digital request to the property registry to register the transfer and new owners. The full paper registration in the property registry takes on average up to 6 weeks after the transfer.
After 6 weeks, the original title deed can be collected from the notary.

In our cost overview we estimate 2,000.- euros for notary fees and 500.- euros for registration in the register of properties.

The exact amount charged by the notary might be a bit lower, but this is a good measure for calculating the total investment.


Legal assistance

The use of a lawyer is not mandatory in Spain, but it is certainly recommended. Now that the notary does not check the property, legal advice is actually indispensable when investing in a villa or apartment in Spain. There are various international lawyers and legal advisers on the Costa Blanca. There are Scandinavian law firms, Belgian, Dutch, French and of course also solicitors from the UK. 

The costs depend on the purchase price of the home and the type of property. Some lawyers and advisers charge an hourly rate, which can be advantageous in uncomplicated purchase files and others use a fixed rate based on the purchase price or the type of home.

You are free to choose a lawyer or legal adviser.

If you wish, our office can introduce you to a number of lawyers that other investors have used to their satisfaction in the past.


Other one-off costs

When you have received the keys to your home on the Costa Blanca, there may also be costs for transferring the utilities (gas, water and electricity). This is often free of charge, but some utility companies charge administrative or water meter costs. This could be anywhere from 50,- euros to 185,- euros.

When you buy a new-build home, there are always costs associated with connecting the utilities. These are a total of +/- 900, - euros for connecting water and electricity.

We also advise to take into account roughly 500, - euros for bank costs related to the bank check issued by your Spanish bank to pay the purchase price at the notary.
Some notaries offer the service to pay through their notarial trust account. Notarial fees apply.


In Short

The buyer costs when investing in a property on the Costa Blanca are on average between 11% and 13% of the purchase price. Depending on the purchase of an existing or new-build home and whether you appoint a lawyer with a fixed rate or hourly rate.



If there is anything we can do to help you, please send us a message by email or call us! or call our team on +34 966883815.

We are here to help you!

Kind regards,

 Tom Bruijnzeel & the friendly team at nardia real estate agency


Why Spain?

When buying a property - wherever that my be - it is good to know that you can travel to your home from within the European Union whenever you want, no matter how adverse the circumstances. The Free Movement of persons in the European Union is one of the corner stones of the E.U. European Citizens and their family members have the right to move and reside freely within the European Union.

You can read more about the possibilities to travel to Spain during the COVID-19 health crisis and restrictions that were applicable here on our website

Finding your perfect Spanish home

Once you have made your calculations and you are sure that you can live comfortably, we can search together for the one property that suits your wishes, criteria and budget. More information about the cost of living in Spain can be found 

On our website, you can use our search tool to help find the perfect Spanish property. You can select your desired property type, number of bedrooms and budget required to narrow your search. It is also possible to search by region Costa Blanca NorthCosta Blanca South & Costa CalidaCosta de Almeria or sea front property Spain.

Do you want to walk to the beach from your home? 
Click here for our selection of ´walk to the beach homes´ on the Costa Blanca!

Villas with private pool for sale in Costa Blanca can be found 

You can also scroll our selection of beautiful homes on a golf resort or very close to a golf course!  Golf Properties in Spain

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On our website you can find property for sale in Spain:

Villa with private pool Spain for sale
Penthouse with large terrace for sale 
New build villa for sale
Costa Blanca North villa for sale
Costa Blanca South villa for sale
Sea front property for sale Spain


Tom Bruijnzeel is the author of this informative article about the ´Property Buying Costs´ in Spain and others on our website. Tom has a master degree in Law from the University of Rotterdam (the Netherlands), holds a bachelor degree in Business and Economics and is fluent in Spanish, French, English and Dutch with full business proficiency in German. In 2013 he started nardia real estate agency in Spain. The website is available to all who are thinking of investing in a property in Spain or already own a property and have questions about property tax in Spain, the correct registration of a property in Spain or the taxes due when selling a house in Spain.

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