You will have to pay 7% of the value of the property purchased, this is called transmission tax, Spanish equivalent to the UK’s Stamp duty and is paid directly to the Spanish government. On a new build property you will have to pay 7% IVA (VAT equivalent) and 1% transmission tax. The Notary and the Registry fees are also paid by the purchaser and these fees vary depending on the size and location of the property purchased.
Calle San Cristóbal, num 8, 44580 Valderrobres Teruel - Spain
Tel: +34 687 941 288 - Contact form