Buying guide Spain HusmanHagberg

Buying a property in Spain Living in Spain is fantastic, and we will gladly help you to find your dream property here. We will also support and guide you throughout the whole process – before, during and after. If you are interested in any of our properties, please contact us for a physical or digital showing.

THE PRICE The price in the ad is the price that the seller is ready to accept. Usually, the seller and the buyer negotiate a purchase price, instead of having bids containing several speculators. ADDITIONAL COSTS In addition to the purchase price, you should expect 10-14% in additional costs. These may vary between different regions. The additional costs are the following:

– TAXES For new developments, a VAT of 10% of the purchase price and a stamp duty of up to 2% will be added. For existing properties, a transfer tax of 8-10% will be added. This varies depending on the region and the size of the purchase price. No stamp duty is paid for existing properties. – NOTARY COSTS In Spain, a notary always participates when accessing the property and when the sale is completed.

The fee varies depending on the scope and purchase price. The buyer is responsible for this cost. – REGISTRATION FEES The new owner of the property is registered in the Property Register. This cost is normally about 0.5% of the purchase price. – CONNECTION FEES Upon access, there are connection fees and/or fees for changing subscriptions of water and sewage, electricity and in some cases gas.