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Transaction Costs

Transaction Costs When Buying Real Estate in Spain

As a general rule, you should allow 10% to 11% of the price of a property to cover associated purchase costs. Typical real estate commissions are around 6%, though some agents charge as much as 10%.

Depending on how much work is involved, legal fees are between 0.5% and 2% of the purchase.

Notary fees are fixed by law and normally range from $360 for lower-priced properties to $1,450 for higher-priced properties.

Land registry fees amount to around $360.

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