Purchase costs new build Spain

Costs new build vs resale

Additional costs when purchasing property in Spain amount to 10-15% of the purchase price, depending on whether it's a new build or resale.

New build taxes

IVA (VAT) — 10%

For new builds, you pay 10% IVA (Impuesto sobre el Valor Añadido) on the purchase price.

Example: purchase price €250,000 → IVA = €25,000

AJD (stamp duty) — 1.2-1.5%

Additionally, you pay AJD (Actos Jurídicos Documentados). The percentage varies by region:

• Valencia/Alicante: 1.5%
• Murcia: 1.5%
• Andalusia: 1.2%

Example: purchase price €250,000 in Alicante → AJD = €3,750

Resale taxes

ITP (transfer tax) — 7-10%

For resale properties, you pay ITP (Impuesto de Transmisiones Patrimoniales):

• Valencia: 10%
• Murcia: 8%
• Andalusia: 7%

Other costs

Notary — €600-1,200

The notary prepares the deed of sale (escritura) and handles the official signing.

Land registry — €400-700

Registration of the property at the Registro de la Propiedad.

Lawyer — 1-1.5% (min. €1,500)

A lawyer verifies the legal status, reviews contracts, and guides the transaction.

Total overview (example €250,000 new build Alicante)

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