<small>2 calculation figures</small> THE TOTAL COST <small>2 calculation figures</small> THE TOTAL COST

2 calculation figures THE TOTAL COST

WHEN BUYING HOUSE OF 100,000€

Purchase amount 100.000 €
10% tax 10.000 € (or 10% VAT for New construction)
NIE (9,5€ per person) 19 €
Power of attorney (If necessary) 100 € max (depending on notary)
Notary 900 € max (depending on notary)
Cadastre 500 € max (depending on notary)
lawyer 1.500 € max (depending on lawyer)
TOTAL:
113.019 €
Cost percentage 13,00 %

If a NEW CONSTRUCTION is concerned, 1.5% stamp duty will apply = 1,500 €

Note:
The smaller the purchase amount, the larger the cost percentage becomes

WHEN BUYING HOUSE OF 200,000€

Purchase amount 200.000 €
10% tax 20.000 € (or 10% VAT for New construction)
NIE (9,5€ per person) 19 €
Power of attorney (If necessary) 100 € max (depending on notary)
Notary 900 € max (depending on notary)
Cadastre 500 € max (depending on notary)
Lawyer 1.500 € max (depending on lawyer)
TOTAL:
223.019 €
Cost percentage 11,50 %

If a NEW BUILD is concerned, 1.5% stamp duty is added = 3.000 €

Note:
The smaller the purchase amount, the larger the cost percentage becomes

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