: A deposit (typically €3,000–€6,000) takes the property off the market while legal checks are performed.
Buyers should budget an additional on top of the purchase price to cover taxes and fees. Cost Category Estimated Amount Property Transfer Tax (ITP) 7% – 10% (for resale homes) VAT (IVA) & Stamp Duty 10% + 1.5% (for new builds) Notary & Land Registry Legal Fees €1,500 – €3,000 📍 Where to Buy
Málaga’s neighborhoods offer distinct lifestyles and price points: buy property in malaga
: A binding contract where you typically pay a 10% deposit.
The buying process in Spain is highly regulated and follows a specific legal sequence: The buying process in Spain is highly regulated
: You must obtain a Número de Identificación de Extranjero (foreigner ID) from the National Police or a consulate to sign any legal documents.
: The final signing of the Escritura (title deed) and payment of the balance. Budgeting & Costs : A deposit (typically €3
: Essential for paying Spanish taxes and setting up utility direct debits.
