Buyer's costs in Spain at Santa Rosalia Lake and Life Resort

For new construction, you generally need to take into account:

• VAT (IVA) – 10%
• Stamp duty (AJD) – approximately 1.5% to 2%
• Notary fees
• Land registry fees
• Legal fees
• Bank fees (if mortgage)

Calculation example: For a home of €350,000:

• Purchase price: €350,000
• Taxes and costs: approximately €35,000 - €50,000

Total investment: €385,000 - €400,000