Orellana Galán Consulting, S.L.
The extra costs concerning the buying of a property are different according to the province. The following calculations are based upon the expenses applied in Malaga.
|
New Property |
Second hand Property |
| ITP: Impuesto de Transmisión Patrimonial |
------ |
7% of the declared price. |
| V.A.T |
7% of the declared price. |
------ |
| Actos Jurídicos Documentados |
1% aprox.of the declared price. |
------ |
| Notary fees, Registry and Management: |
0,5% aprox.of the declared price. |
0,5% aprox.of the declared price. |
| TOTAL |
8, 5% aprox. |
7.5% aprox. |
- MORTGAGE FEES -
| Opening Fees |
0,5 - 1% of the mortgage amount. |
| Notary fees, Management, Registry |
0,25% of the mortgage amount. |
