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Costs of buying a p...
 

Costs of buying a property in Spain

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Fees for buying a property in Spain vary from area-to-area, and many are negotiable – for example, there are no fixed fees for lawyers or estate agents. Buyers must pay the majority of the costs, which are generally as follows: Property transfer tax: 6–10% (existing properties) / VAT (or IVA) at 10% (new properties) Notary costs, title deed tax, and land registration fee: 1–2.5% Legal fees: 1–2% (including VAT) The seller usually pays the estate agent fees in Spain. Estate agents usually charge their fees as a percentage, typically around 3% of the final sale price.

 
Posted : 06/06/2022 10:35 am
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