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04 Dec 2006 12:00 AM by rmskp Star rating. 7 forum posts Send private message

Hello all,

I have just found this website and it's got a lot of really useful information. I am purchasing at Casares Del Sol and have been told that I will be completing in early January (no date yet!).

I am concerned that I don't know exactly what the completion costs will be. My lawyer says he does not have the final schedule yet, but how then can I budget ?!

I know that I will have to pay the following costs, but how much are they ? And are there any other costs that I should be aware of ?

Tax at 7%

Land registery fees at ?

Stamp duty at ?

Notary fees at ?

Legal fees at 1%

Rise in value of land at ??

Community fees (apparently 850 euros ?)

Any others ??

Any help from anybody who has recently completed would be most appreciated.

Thanks  

 



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05 Dec 2006 10:20 AM by KevinH Star rating. 35 forum posts Send private message

A general rule of thumb for purchasing in Spain is to expect to pay an additional 11-12% on top of your agreed purchase price. this should cover all fees including your solicitor and then of course you will need to budget to furnish your apartment. The final price paid also includes your fees to cover communal costs.

Hope this helps.



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