As a rule of thumb, you should estimate that the combined total of costs which you will incur will be around 10% of the purchase price. However with some of the lower priced properties the fees may be slightly more than 10%

A basic breakdown of the fess are as follows.-

•  Lawyers Fees: Around 1,500 Euros plus 16% VAT ( IVA ).

•  Notary Charges are fixed by law and are generally between 400 to 800 Euros.
• Land Registry Fees are approximately 40% of the notary charges.
• VAT ( IVA) or transfer Tax (ITP) are both set at 7%. IVA applies to off-plan properties and ITP applies to re-sales.

PLUS VALIA : Increase in Land tax (Capital Gains) is an 'added value' tax based upon the increase of the Town Hall index value of the land only, from the prior (vendor's) purchase to the present sale. The tax corresponds in principle to the seller, but, in common practice, is often paid by the purchaser. As there are several variable factors used in calculating this tax (area of land, location, building volume permitted, period of ownership of the vendor), the amount payable can vary substantially and should be verified before proceeding with the purchase. 

Extra Charges

Mortgage Fees – Please note that if you wish to fund part of your purchase with a mortgage then there will be bank survey fees and mortgage arrangement fees. Each banks charging system is different but it will be around 1-2% of the purchase price.