Additional Costs -

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NettValley Properties Ltd.

Additional Costs

Additional costs to the purchase price. The law states that the vendor should pay what is known as "plus valia municipal" (a municipal tax every time the property changes owners. All other costs are paid by the purchaser. However, many vendor´s expect the purchaser to pay for their plus valia municipal and whether or not this is the case should be established from the outset as this may need to be added to the purchase price.


Lawyer's fees for purchasers are usually 1-3% of the purchase price plus VAT. Notary and Registry fees combined (where there is no mortgage involved) are typically 900 € on a 150.000 € property and 1.200 € on a 300.000 € property. First-hand (new) homes pay 7% VAT plus 1% Stamp Duty and second-hand homes pay 7% Stamp Duty and no VAT. For example second-hand property purchased by a private individual: Advertised purchase price 200.000 € Pay Vendor's 'Plus valia Municipal 1.500 € Lawyer's Fees and VAT 2.320 € Notary & Registry Fees 800 € Stamp Duty 12.000 € TOTAL 216.620 €