index

  1. What is the Escritura?

  2. Who is the Notary?

  3. Do I have to be in Spain to complete the transaction?

  4. What about paying the taxes due?

  5. Is there a land registry system in Spain?

  6. In whose name should you purchase the property?

  7. Are there any other things I should do at the same time as I buy a property?

  8. What happens if I decide to live and / or work in Spain?

  9. What does all this cost?

  10. Initial steps to purchase

  11. Spanish Mortgage Information
 

 

Charges for the basic legal work involved in the purchase of a property, which has already been constructed, are typically 1.0% of the price of the property subject to a minimum charge of £750.00.

For most property purchases, you should allow approximately 10 % of the price of the property to cover purchase taxes, legal fees and disbursements. Breakdown of these expenses could typically be as follows:

  • IVA (VAT) / Transfer Tax (Stamp Duty) 7.00 %
  • Legal Fees (approximate) 1.00 %
  • Land Registry Fees 0.75 %
  • Notary Fees 1.00 %

 

 

 
 
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