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Property purchase costs in Spain?

5 years ago
My wife and I are retirees investigating a relocation to Spain in 2020 and with an exploratory trip for several months in early Spring. However, I would like to prepare the budgetary aspects of living there now and would appreciate any input you can give on the following cost of living items:

We may purchase a property (Alcante?) but I would like to have some indication of the costs involved.

What are the purchase taxes (Iva, etc) , if any. What are the realty agency fee levels, and the legal/registration costs and do these vary according to whether the property is old, or new?

Similarly, how much does it cost to own a property in the context of condominium and municipal charges. As a basis, what should one expect to pay for a property purchased at Euro 200,000?

Any information will be much appreciated. Please do not hesitate to PM me if you prefer to keep the details private.

Innoinsure
Innoinsure
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Innoinsure
Innoinsure

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