Home

Conveyancing

Nota simple, appraisal

Call us at:
+34 932 15 53 93

Expenses Calculator

Our Expenses Calculator will provide an estimate of all expenses that you need to pay when buying a house. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.
Comments? Improvements? your thoughts.


Your Data

	House price:	€
	Downpayment:	% or	€
	Lawyer's fee:	% or	€
	Type of home:	New construction	Existing home
	Will you be getting a mortgage?	Yes	No
	Mortgage amount requested:	% or	€



Results

	Lawyer's fee:	€	due date according to lawyer
	Downpayment:	€	due to the seller on signing contrato de arras
	Appraisal:	€	due to the bank immediately
	Portion outside mortgage:	€	due to the bank a week before the closing
	Taxes:	€	due to the bank a week before the closing
	Notary fees:	€	due to the bank a week before the closing
	Property Registry fees:	€	due to the bank a week before the closing
	Bank fees:	€	due to the bank a week before the closing
		_____________
	Total:	€

Taxes

There are two taxes you generally pay as buyer:

For an existing house, you pay a transfer tax(impuesto de transmisiones patrimoniales). For a new construction, you pay a VAT tax. Both are usually 7% of the price of the house.

Stamp tax (impuesto de actos jurídicos documentados).

Both taxes may vary depending on where the property is located.

Notary and Property Registry fees

If you are getting a mortgage, the bank requires deposits to cover maximum potential payments. Once the bank pays these fees and you receive your registered escritura, some portion of these payments may be returned.

If you are not getting a mortgage, then the actual numbers will probably be less than shown. Note that with our premium conveyancing service, we handle the administration of payments for you.

Bank fees

These fees include:

the administration of payments (gestión) to the tax office, notary, and property registry.

insurance payments for the first year. (The bank requires that you get life insurance and house insurance.)

Note that the appraisal is also required by the bank.