What taxes and costs are added to the price?

For a resale property you pay Transfer Tax (ITP): the standard rate is 7% in Andalusia and 6% in the Madrid Region. For a new-build bought from the developer you pay 10% VAT plus Stamp Duty (AJD): 1.2% in Andalusia and 0.75% in Madrid. On top of this come notary fees, Land Registry fees and, if you use one, a gestoría. Reduced rates apply in some cases; we will tell you which ones may apply to you.