Property purchase cost calculator

The calculator below will give you a good approximation as to the total starting cost for purchasing your property in Spain. Some of the factors used in the calculation are approximate as they are dependant on unique factors pertaining to your property.

After completing and submitting the form you will be given a complete breakdown of the total cost of your property purchase including taxes, fees and mortgage fees.

This calculator has been put together in conjunction with Mark Wilkins of The Rights Group.

Items marked * are required.

Your age *
Your age could affect the amount of transfer tax that you pay so be honest!
Please enter your age
Property purchase price (Euros) *
Enter the agreed sales price for the property
Please enter property price
Mortgage amount (Euros) *
Enter how much mortgage you will require on the property (most lenders will typically lend 70% of the purchase price, subject to status)
Please enter mortgage amount
Property type *
Please select property type

Plus valia *
This is a local municipality (Town Hall) tax based on the increase in the value of the land from when it was last sold. This is a one off payment. We have seen circumstances where this tax is paid in an agreed division between the buyer and seller or soley by the buyer. If you have accepted to pay some or all of this then please enter that amount, otherwise leave as 0
Please enter plus valia amount
Optional costs
Surveyor fees
Even if you are not purchasing with mortgage funds you may choose to carry out a Surveyor’s Report on your chosen property. A standard snagging inspection will cost at least €500. Enter an amount if you will be needing this service

Furnishings
A typical 2 bed 2 bath apartment can easily be furnished for around 10,000 euros. Enter an amount if you want to include it in the calculation

Insurance
It is compulsory to have fire insurance when you have a mortgage, indeed few lenders will release the funds to complete your purchase without evidence that you have an insurance policy in place with their interests noted on it. A typical policy for a 2 bed 2 bath apartment could be around 50 Euros per year. Enter an annual amount if you want to include it in the calculation

Water connection
The price of the meter depends on the size of the property. Budget around 200 - 300 Euros for this. Enter an amount if you want to include it in the calculation. (This generally only applies to new build properties)

Electricity connection
The price of the meter depends on the size of the property. Budget around 200 - 300 Euros for this. Enter an amount if you want to include it in the calculation. (This generally only applies to new build properties)

Telephone connection
If you install a telephone line with ADSL you can expect the set up cost to be around 150 Euros. Enter an amount if you want to include it in the calculation

That's it, now calculate your purchase cost

Disclaimer: As individual personal circumstances, mortgage rates, regulations and legislation and the like will vary from time to time and from region to region within Spain, the Property Costs Calculator is to be used for the purposes of illustration only. It is not intended to be a substitute for professional advise which the publishers of the Property Costs Calculator encourage you to obtain. Neither the publishers of the Property Costs Calculator nor their collaborators and contributors to it can be held liable for any loss or damage arising directly or indirectly from any reliance placed upon the materials contained in the Property Costs Calculator or the results obtained from it.