QUESTIONS AND ANSWERS
What extra costs we have to pay if we would buy a property at the Costa Del Sol?
When buying property in Costa del Sol, costs include a 7% property tax for resale properties and 10% for new developments. VAT of 10% applies to new developments, along with stamp duty. Notary fees range from €1800 to €2000, with additional fees for mortgage title registration. Legal fees are typically 1% of the property price. Registration fees are around 0.5% to 1.5%. Ongoing costs include community fees and property tax.