Fees to Expect on Top of the Purchase Price of a New Build Property in Spain

noagent
May 2
2 min read

Updated: May 13

Overview: New-Build Property Purchase Costs in Spain

Fees on top of purchase price of a new build property in Spain, the total additional costs are typically between 12% to 15% of the property's purchase price.

The True Cost of Buying a New Build Property in Spain: Understanding the 12%–15% Additional Fees

When buying a new build property in Spain, many international buyers—especially from outside the EU such as the UK or the U.S.—are often surprised to discover that the stated purchase price isn’t the full story. While new homes offer modern designs, energy efficiency, and developer guarantees, they also come with a package of mandatory fees and taxes that add between 12% and 15% on top of the base property price.

Here’s the breakdown:

Fees on top of purchase price of a new build property in Spain

1. VAT (IVA) – 10%

Applies to new builds only (not resale properties).
Paid directly to the developer.
For a €250,000 property, that’s €25,000 in VAT.

2. Stamp Duty (AJD - Actos Jurídicos Documentados) – 1.0% to 1.5%

This varies by region (e.g., 1.5% in the Valencian Community).
Charged on the property’s purchase value.
For a €250,000 property, that’s around €3,750.

3. Notary Fees – 0.3% to 0.5%

Fixed by regulation, based on property price and number of pages in the deed.
Average cost: €500–€1,200

4. Land Registry Fees – 0.2% to 0.5%

Fee to register your name as the new owner.
Average cost: €300–€900

5. Legal Fees – Around 1%

For hiring a Spanish property lawyer (abogado) to review contracts, conduct due diligence, and liaise with the notary.
Often a flat fee or 1% of purchase price: €2,000–€3,000

6. Mortgage Arrangement Fees (Optional) – 1.0%

If you apply for a mortgage, banks may charge a setup fee.
Some lenders waive this.
On a €175,000 loan: €1,750

7. Valuation & Admin Costs – €500–€1,000

If buying with a mortgage, a bank valuation is required.
Includes administrative document fees.

Estimated Total on a €250,000 New-Build Property

Fee/Tax	Cost (€)	% of Price
VAT (IVA)	€25,000	10.0%
Stamp Duty (AJD)	€3,750	1.5%
Notary Fees	€750	0.3%
Land Registry	€600	0.2%
Legal Fees	€2,500	1.0%
Mortgage Arrangement (FluentFinance fee is €0)	€1,750	0.7%
Valuation/Admin (optional)	€750	0.3%
Estimated Total	€35,100–€38,600	14–15.5%

How Spanish Prime Property Can Help

Spanish Prime Property can guide you through every stage:

Legal Assistance from: Recommending vetted property lawyers, setting up a Spanish bank account and Visa applications
International Mortgage by FluentFinance: Help you access Spanish and international mortgage lenders with €0 fee
Currency Exchange Brooker like KeyCurrency: Avoiding poor rates from high-street banks can save thousands and their fee is €0
Relocation Logistics: Assist with removals, NIE applications, and notary bookings
Upfront Cost Planning: Provide you with a tailored breakdown of all expected fees before signing

When planning your Spanish property dream, always factor in 12%–15% in additional costs to avoid surprises. Buying a new build offers peace of mind and quality, but preparation is key—and having the right guidance ensures a smooth and secure transition.