How much should I budget for closing costs when buying a home in Spain?

In the Valencian Community (Alicante / Costa Blanca), you should budget approximately 11% to 13.5% on top of the purchase price. Since 1 June 2026, the general transfer tax (ITP) for resale homes up to €1,000,000 has been reduced to 9% under Ley 5/2025 (previously 10%), plus approx. 2% to 3% for notary, registry, and independent legal conveyancing.

Is it mandatory to hire a lawyer when buying property in Spain?

While not legally mandatory, hiring an independent conveyancing lawyer or gestor is strongly advised. Spanish notaries do not conduct title due diligence, verify building licenses, or check for historic debt against the property.

Property Buying Costs Calculator Spain 2026: Purchase Fees

Enter your purchase parameters

Property Purchase Price € 220,000

€

Property Type & Tax Regime 9% ITP

Resale Property
9% ITP (From 1 June 2026)

Resale Property
10% ITP (Before 1 June 2026)

New Build
10% IVA + 1.5% AJD

Valencian Community Tax Reform (Alicante): Effective from 1 June 2026 under Ley 5/2025, the statutory property transfer tax (ITP) for resale homes up to €1,000,000 has been reduced from 10% to 9%. The date of signing the public title deed (escritura pública) at the notary determines applicability.

Independent Spanish Lawyer (Recommended) Full legal title search, debt check, and contract verification (1% + VAT).

Obtaining a Spanish Mortgage Includes independent valuation fee (€450) and broker handling.

Pre-Purchase Structural Survey (+€395) Comprehensive technical inspection of structure, damp, electricals, and plumbing.

Total Estimated Closing Costs

€ 27,262

12.4% of purchase price

Total Budget Required (Price + Fees): € 247,262

                         Transfer Tax (10% ITP)
                        € 22,000
                    

Notary Public (Notaría) € 950

Land Registry (Registro de la Propiedad) € 550

Lawyer / Legal Conveyancing (1% + VAT) € 2,662

Bank Valuation & Mortgage Broker € 800

Technical Survey € 395

Gestoría Administrative Filings € 300

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Breakdown of Spanish Property Purchase Costs

When buying a property in Spain, buyers must typically budget approximately 12% to 14% on top of the agreed purchase price in associated transaction taxes and professional fees.

1. The Taxes (Primary Expense)

Resale properties (from 1 June 2026): In the Valencian Community (Alicante province), statutory transfer tax (ITP) was reduced under Ley 5/2025 to 9% for homes up to €1,000,000 (previously 10%).
New build properties: Buyers pay 10% VAT (IVA) plus 1.5% Stamp Duty (AJD), totalling 11.5%.

2. Notary & Land Registry Fees

Fees for the Spanish Notary Public and Land Registry are set according to official government fee scales. For an average home priced between €150,000 and €300,000, notary fees range from €800 to €1,200, while registry inscription costs roughly €400 to €700.

3. Why Legal Representation is Vital

In Spain, the Notary does NOT check for urban legality, outstanding community debt, or unregistered extensions. Appointing an independent English-speaking solicitor ensures thorough due diligence before signing any binding deposit contract.

4. NIE Numbers & Legal Formalities

Every buyer must possess an active Spanish NIE number to complete a property purchase before a notary. Read our full guide on how to get an NIE number in Spain or let House in Spain assist you through our gestor network.