The total costs of property trade in Spain consist of the purchase cost, transfer tax, asesoria or solicitor fee, and other case-by-case costs. The real estate agent’s commission is usually included in the purchase cost and is paid by the seller.
In Spain, 12 to 15 % of the purchase of the apartment should be reserved for any extra expenses. Below is more information about the division of the cost of a property sale. These guidelines are only indicative and are based on real estate business legislation in 2015–2016.
The biggest expense is the transfer tax, about 10 % of the purchase money. The commission includes the bill of purchase and a complete service package. Please note that there may be a slight variation in the final price, depending on the property sale. The commissions of our local partners include the following:
Depending on the case, the following costs may appear: