COSTS & BUDGETING
Purchase costs in Spain depend on whether the property is a new build or resale, the autonomous region, the buyer’s circumstances and whether a mortgage is required. These examples use a €350,000 property in Alicante, Valencian Community.
NEW-BUILD EXAMPLE — ALICANTE
Property price: €350,000
IVA at 10%: €35,000
AJD at 1.4%: €4,900
Estimated solicitor, notary and Land Registry costs: €3,500–€6,000
Estimated total budget: €393,400–€395,900
Note: Standard-rate example for a new residential property. Mortgage valuation, lender-related costs, optional surveys, currency exchange and additional services are not included.
What €350,000 really buys in Spain
New-Build Villa
Resale Home
Headline prices exclude 10% IVA and 1.2%–1.5% AJD stamp duty. Often includes modern warranties and high energy efficiency, but furniture and landscape packages are typically extra. Regional variations apply, particularly in high-demand coastal zones.
Headline prices exclude ITP (Transfer Tax), which varies between 7% and 10% depending on the region. May include fittings or furniture, but requires careful survey to budget for potential modernization or structural repairs.
Important: Tax rates, local levies, and mortgage conditions vary by autonomous community and buyer profile. Always confirm current specific figures with an independent legal and tax adviser before committing to a purchase.
RESALE EXAMPLE — ALICANTE
Property price: €350,000
ITP at 9%: €31,500
Estimated solicitor, notary and Land Registry costs: €3,500–€6,000
Estimated total budget: €385,000–€387,500
Note: The 9% general Valencian ITP rate shown applies to taxable transactions from 1 June 2026. Different or reduced rates may apply depending on property value and buyer eligibility.
REGIONAL DIFFERENCES
Taxes are set partly at autonomous-community level, so ITP and AJD rates differ across Spain and may change. Before reserving a property, the buyer’s independent solicitor or tax adviser should calculate that particular purchase.
Tax & currency updates
The examples on this page are illustrative planning ranges, not a quote or a daily live tax feed. Rates and reliefs can change and may differ by autonomous region, property value, reference value, buyer circumstances and transaction date. The buyer’s qualified solicitor or tax adviser must confirm the current figures before commitment. Atriaward checks official guidance and updates the page when it changes. EUR/GBP exchange rates move throughout the day; ECB reference rates are for information only and actual transfer rates may differ, so any rate used for budgeting or transferring money should be checked at the time.
ECB EUR/GBP reference rate
Valencian Community ITP/AJD guidance
Murcia ITP/AJD guidance
Figures are illustrative and are not legal, tax, mortgage or financial advice. Atriaward provides practical guidance and can introduce qualified independent professionals.