Costs of buying a home on the Costa del Sol
Prepare your buying budget: taxes, formalities, financing and maintenance. Distinguish the property's price from the total cost.
2026-05-30
The advertised price is not the full budget for a purchase. Before reserving, prepare a breakdown specific to the property and transaction you are considering.
Taxes: distinguish new and resale homes
As a general rule, new-home purchases are subject to VAT and may also incur stamp duty (AJD); resale homes are subject to property transfer tax. The specific application, taxable basis and possible reductions depend on the case. Check current information from the Andalusian regional government and request a calculation for your transaction.
Check home purchase taxes with the Andalusian regional government
Formalities and professionals
Include the notary and registration fees that apply to you, along with any advisory or administrative services you engage. Request quotes and confirm how costs are shared; do not assume they always fall to the same party.
Read the Spanish notaries' explanation of property purchases and costs
Financing and ongoing maintenance
If you need a mortgage, ask the lender for a breakdown of the terms and costs you would bear. Then add community fees, utilities, recurring taxes, insurance and maintenance. These are separate from the payments made at signing.
A useful budget worksheet
For each item, record the estimated amount, who confirms it, when it is paid and whether it is already included in another quote. Keep confirmed and outstanding amounts separate so you know what to resolve before moving forward.
Plan your purchase with Solven Homes
Once you have set your budget, read the guide to buying on the Costa del Sol and how to choose an area to live in.
