How much does it cost to buy a house in Spain?

According to the bill, Spanish immigrants want to buy a house and require the applicant to buy a property of not less than 500,000 euros, but there is no special restriction on the type and quantity of the property. No matter whether it is a house or a shop, the total price is not less than 500,000 euros, but the price of a single property is not required. There are still relatively few restrictions on buying a house, as long as the total price of the house is reached.

So what are the expenses for Spanish immigrants to buy a house besides asking for property of not less than 500,000 euros? Generally, it also includes some taxes and fees that need to be paid for the purchase of real estate. Here is a detailed inventory for everyone:

1, house purchase tax

Although it is generally called purchase tax, according to the different characteristics of new houses and second-hand houses, it is specifically:

The new house mainly needs to pay VAT, which is about 10% of the total price. This is a one-time payment and does not need to be paid every year.

Second-hand houses need to pay transfer tax, which is about 7% of the total price. This ratio will be different in different regions, but it won't be too different. The tax office of each autonomous region has worked out the minimum house price table to calculate the minimum property transfer tax that individuals need to pay when buying a house.

2. stamp duty

Whether buying or selling new or second-hand houses, stamp duty must be paid according to law, and the tax is about 1% of the total house price.

3. Real estate municipal tax

This tax is also called real estate holding tax, and the tax rates vary from place to place, but the general tax rates are below one point.