The seller’s main costs are capital gains tax for non-residents at 19%, plusvalía tax payable to the local municipality, agent commission (typically 5% + VAT), and legal fees at around 1% + VAT. The exact amount depends on the sale price, purchase price, and length of ownership.
Capital gains tax is calculated on the difference between the sale and purchase price and can be reduced by documented renovation and improvement costs. For non-residents, 3% of the sale price is withheld at completion as an advance payment towards income tax. Plusvalía is a municipal land tax based on the cadastral value and years of ownership. Before setting the sale price, the net proceeds should be calculated — how much you will actually receive after all costs.
Book a free consultation — You’ll know what information is needed to calculate your likely net proceeds correctly before selling.