Costs and taxes of buying a new build in Spain
What you pay on top of the price of a new home, region by region, and what you pay each year as an owner.
By Investidad advisory team · Last reviewed 16 Oct 2026
On purchase
A new home pays IVA (or IGIC in the Canary Islands) plus AJD, then notary, Land Registry and legal fees. A resale home pays ITP instead of IVA and AJD.
Purchase cost: new build vs resale
Open full sizeRates for a buyer with no main-home or age reductions, the usual case for a non-resident. ITP is charged on the higher of the price and the cadastral reference value.
NEW BUILD
IVA 10%€40,000
AJD 1.2%€4,800
Notary and registry (est.)€3,200
Lawyer (est.)€4,840
On top of the price (13.2%)€52,840
RESALE
ITP (7% effective)€28,000
AJDNot charged
Notary and registry (est.)€3,200
Lawyer (est.)€4,840
On top of the price (9%)€36,040
New build, all-in€452,840
Resale, all-in€436,040
At the same price, buying new costs more to purchase by €16,800. That is before renovation, energy and upkeep, which the ten-year cost calculator adds.
IVA and AJD for a new home in Andalucía, as of 16 Oct 2026.Fees are estimates (0.8% notary and registry, 1.21% lawyer incl. IVA).
Every year
- IBI, the municipal property tax.
- Community fees.
- Refuse tax.
- Non-resident income tax (IRNR), declared on Modelo 210, whether or not you rent the home out.
When you sell, you pay plusvalía municipal and tax on any gain.
