What are the purchase costs in Costa Blanca?

For resale:

• 10% transfer taxes (11% for purchases higher than €1,000,000 per person)
• +/- EUR 2500 notary and registration fees
• 1% of the purchase price + 21% VAT for your lawyer’s fees
• +/- €90 for a power of attorney in Spain
• +/- €10 per person for the NIE number
• +/- €300 for utilities
• +/- €300 for a bank cheque
• +/- €250 miscellaneous costs

For new buildings:

• 10% vat
• 1.5% stamp duty
• +/- EUR 2500 notary and registration fees
• 1% of the purchase price + 21% VAT for your lawyer’s fees
• +/- €90 for a power of attorney in Spain
• +/- €10 per person for the NIE number
• +/- €300 for utilities
• +/- €250 for a bank cheque
• +/- €250 miscellaneous costs