What taxes and fees are involved when buying property on the Costa del Sol?

In addition to the purchase price, you should budget for 10–13% in additional costs. For resale properties in Andalusia, the property transfer tax (ITP) is 7%. For new developments, VAT (IVA) is 10% plus stamp duty (AJD) at 1.2%.

You will also pay notary fees, land registry fees, and legal fees (typically around 1% of the purchase price). If financing is involved, there are additional bank valuation and arrangement costs. As a concrete example: for a €400,000 resale property, additional costs are around €40,000. For a new development at the same price, approximately €52,000.

Book a free consultation — we will prepare a detailed cost breakdown based on your situation.