When purchasing property on the Costa del Sol, the price is supplemented by taxes, notary fees, Land Registry fees, and legal costs. For resale properties, a 7% transfer tax applies. For new developments, the purchase is subject to 10% VAT plus 1.2% stamp duty.
As a general estimate, you should calculate approximately 10% of the purchase price for taxes and associated costs on resale properties, and around 13% for new developments.
