Understanding Property Purchase Costs in Marbella
Buying property in Marbella? Here's a breakdown of the costs involved so you know what to expect beyond the listing price. Whether you're buying a new build or a resale home, understanding local taxes and fees is crucial to planning your investment. This information reflects current rates in Andalucía (Province of Málaga).
📄 Transfer Tax (ITP) – 7%
If you're buying a resale property, a 7% flat-rate transfer tax applies. This is standard across Andalucía.
🏗️ VAT (IVA) – 10% + Stamp Duty – 1.2%
Newly built homes are subject to 10% VAT and an additional 1.2% stamp duty (AJD). This applies to purchases directly from a developer.
📘 Notary & Land Registry Fees – ~1.5%
These fees vary based on property value but typically sit around 1.2% to 1.5% of the sale price.
⚖️ Legal Fees – ~1%
Hiring a lawyer is recommended to review contracts and conduct due diligence. Expect legal costs of around 1% of the property value.
Property Purchase Cost Calculator
Estimated Costs:
Transfer Tax / VAT: €0 (0%)
Stamp Duty (AJD): €0
Notary & Land Registry Fees: €0
Legal Fees (Approx. 1%): €0
Total Additional Costs: €0
Total Purchase Price: €0
These numbers are approximate and are based on common situations for non-resident buyers. There can be other exceptional cases when the taxes and costs applied vary, but don't worry! Our experienced sales agents will always guide you in the process and provide recommendations on the best solutions, subject to personal meetings with professional tax advisors that we can organize!