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Costs Involved In Purchasing A Property

It is important to remember that there are extra fees/taxes to be added to the price of your property to cover all the expenses involved in the purchase.

These costs are to cover the following:-

  • Transmission Tax of 10%
  • Approx 2,000 euros for...

Notary Fees
Land Registry Fees
Solicitors Fees

These expenses are worked out on the declared value of the property, which is not always the true price you are paying.

The system in Spain means that a property will most likely be under-declared by the builders in order for them to save paying too much tax. This then has a knock-on effect which means that a property will have a lower declared value than the price it is being sold for.

If you are considering having a mortgage then it is necessary to add mortgage fees to the property as there are added expenses from the bank. These expenses will be discussed at the time of opening a bank account and collecting an application form.

Office La Florida

Calle Pluton, 18
Puerta 150, Zona L, La Florida
03189 Orihuela Costa
Alicante

Opening Hours:

Monday - Friday, 10:00 - 18:00
Saturday, closed

Office Los Altos

Calle Panticosa 2
C.C Via Park 3, Los Altos
03189 Orihuela Costa
Alicante

Opening Hours:

Monday - Friday, 10:00 - 18:00
Saturday, 10:00 - 14:00

Contact Details

Telephone:
Office:    +34 965 329 314
Karron:   +34 619 638 938
Mark:      +34 637 930 697
Peter:     +34 663 846 900
Wenche: +34 620 926 654

Email:
info@wenchekm.com