For buyers:

• Real Estate Transfer Tax (ITP) for existing properties: between 8-13%, depending on the purchase price.
• VAT (IVA) + Stamp Duty (AJD) for new constructions: 10% – 1.5%.
• Notary and Land Registry fees: approx. 1-2% of the purchase price.
• Legal fees: usually 1% of the purchase price.
• Ongoing ownership costs: IBI (property tax), waste collection fees, community fees.

For sellers:

• Plusvalía Municipal – municipal capital gains tax on land.
• Capital Gains Tax on profits: 19% for non-residents.
• Brokerage commission: typically 5-6% of the sale price (paid by the seller).