What are the purchase costs in the Costa del Sol?

Answer:

For resale:

  • 7% transfer taxes
  • +/- 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
  • 1.2% 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


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