Top 3 Extra Costs When Buying in Spain

Buying a property in Spain is an exciting step, especially if you are planning a new life on the Costa Blanca. The process is quite clear, but it’s important to understand the real costs involved so you can plan your budget properly from the beginning.

Many buyers focus only on the purchase price of the property. However, in Spain there are additional costs that must be paid during the buying process. Knowing these in advance helps you avoid surprises and keeps everything simple and transparent.

The first and most important cost is the Property Transfer Tax (ITP). For resale properties in the Valencia region, where the Costa Blanca is located, this tax is usually 10% of the purchase price. This is paid to the government after the purchase is completed.

You can find official information about this tax here:

Valencian Community tax information

The second cost is the Notary fee. The notary prepares the official purchase deed and ensures that everything is legally correct. This cost is normally around 1% of the property price, depending on the value and details of the transaction.

The third cost is the Land Registry fee. After signing, the property must be registered in your name. This cost depends on the property and location, but in most cases it is between €500 and €1,500.

If you would like to understand the full process in more detail, including legal steps and timelines, this guide can help:

Guide to buying property in Spain (Notaries of Europe)

As a general rule, we always advise planning around 11% to 13% extra on top of the property price. This gives you a clear idea of the total cost and helps you move forward with confidence.

Buying a home is not just about the property itself. It’s about choosing the right place, the right lifestyle, and making a smooth transition into your new environment.

If you are thinking about relocating and want to find a property that truly matches your budget and your wishes, get in touch. We hope to see you soon here in our beautiful Costa Blanca area.

Costa Blanca Buyers Team