Frequently Asked Questions
What costs are involved in buying a property in Spain?
- Taxes: 7% IVA or ITP
- 1% IAJD (applies only for new properties)
- Legal Fees at 1% of the property price
- Notary Fees
- Registry Fees
- Gestoria Fees
- Mortgage: The set up overall costs are approximately 3% to 4% of the amount borrowed
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