Purchase Costs in Andalucía (2025)

Resale Property Costs (Previously Owned Homes)

For a resale property, the main tax is ITP — Impuesto de Transmisiones Patrimoniales (Transfer Tax).
Andalucía applies a single flat rate of 7% of the declared purchase price, regardless of value.

• ITP (Transfer Tax): 7% of purchase price
• Notary & Land Registry: approx. €1,200–€2,000 combined
• Legal Fees: usually 1% + VAT (21%) of purchase price
• Bank/valuation costs: if financing, allow €800–€1,500

In total, expect to budget roughly 10% of the purchase price to cover all costs on a resale transaction.

New-Build Property Costs (Developer Sales)

When buying directly from a developer, you’ll pay IVA (VAT) instead of ITP, plus a smaller stamp duty called AJD.
For 2025, Andalucía maintains competitive rates within Spain.

• IVA (VAT): 10% on the property price (21% if commercial premises)
• AJD (Stamp Duty): 1.2% of purchase price
• Notary & Land Registry: approx. €1,500–€2,500
• Legal Fees: typically 1% + VAT

Together, these add up to around 13% total purchase costs on a new build property.

Other Typical Expenses

While taxes form the bulk of expenses, there are a few smaller but essential costs worth noting:

• Power of Attorney: if you authorise your lawyer, ~€100–€200
• NIE Number: ~€100–€150 per person
• Bank account setup & translation of documents: €100–€300
• Currency exchange fees: varies by provider; avoid high-street banks where possible

Example Comparison (2025)

Below is an estimated cost outline for a €500,000 property purchase in Andalucía:

Quick Tips

• Budget slightly higher for legal peace of mind — round up to 10% or 13% depending on property type.
• Keep proof of transfers and invoices; they’re needed for future resale tax deductions.
• If buying off-plan, verify bank guarantees for staged payments.

Note: Rates are correct as of October 2025 and may vary slightly if new fiscal measures are announced in 2026.

Download Fee & Cost Cheat Sheet (PDF)