When considering a property purchase in Spain, you must allow for the additional costs involved. Below is a good guide for you - all percentages of the purchase price.
As a breakdown you can use the following as a good guide:
On a resale or Bank owned property - 8%
On a Brand new property direct from developer - 10%
Solicitor fees - 1% (usually a minimum fee of approx 1200e)
NIE Application (equivalent to a National Insurance/ Identity number) - approx 200e
Mortgage set up fee - 1%
Land Registry/Notary fees - approx 2% depending on property type/price.
Of course, you will be given exact figures as part of the buying process.
We offer a full Aftersales service at no extra cost including taking you personally to purchase your NIE number, recommeding local solicitors (and transporting you there personally), setting up bank accounts etc. We also arrange all your utilities (Gas, electricity, Water) for you meaning you do not need to employ any management companies to allow these companies access to your property.
We are based here on the resorts and remain available to help all our clients in any way we can!