Costs depend on whether the home is resale or new build and the region. Resales usually involve ITP (transfer tax) set by the autonomous community; new builds often involve VAT/IVA plus AJD (stamp duty) (the Canary Islands use IGIC instead of IVA for many items). In addition, budget for Notary fees, Land Registry fees, legal conveyancing, and translations if needed.
After purchase, typical ongoing costs include IBI (property tax), community fees (if applicable), utilities, and non-resident tax obligations if you don’t live in Spain full-time.
