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The Purchasing ProcessFees when buying1. Legal Fees These fees usually amount to about 1% up to 2% of the purchase price + VAT, but your legal costs could increase if complications arise during the transaction. Your lawyer should be able to give you a detailed estimate of the costs that are likely to ensue from your particular case. 2. Notary Fees This fee is fixed by an officially established scale which takes a number of different factors into account including the price of the property. The scale ranges from about €500 for lower priced properties to €2.000 for more expensive purchases. 3. Property Registry Fees The Property Registry (Registro de la Propiedad) will also charge you a fee for entering your title deeds in the register. They use a scale that is related to the price stated in the title deed to assess the exact amount to be charged. This usually comes to about approx. 60 / 70% of the fees Notary fees . |
The Purchasing Process
Charges Taxes and Expenses for PropertyOther Legal Matters |
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