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Here you will find FAQs based on purchasing property in Javea or around this area on the Costa Blanca.

Buying Costs
when purchasing a property, without a mortgage, you have the following costs:-
  • 7% Stamp Duty I.V.A. (this is fixed on all property transactions)
  • Notary Fees
  • Land Registry Fees
  • Administration costs of the Notary and Land Registry
  • Solicitors’ fees

If you make sure that you have 10% extra, on top of the purchase price, this will cover all of the above costs.

When purchasing a plot of land or a garage space, directly from a promoter / builder, instead of paying 7% stamp duty, you will pay 16% VAT on top of the purchase price. However, if you purchase a property as well as a garage space from the promoter, you pay 7% stamp duty and not the 16% VAT.

When purchasing a new property from a promoter, as well as the above-mentioned costs, you have to pay an additional 1% for legal work (Actos Juridicos), however, if you provide a certificate from the town hall which claims the property to be your habitual residence, then you only pay 0.1% for legal work (Actos juridicos).

As you can see, there are several variations on the extra costs that could be incurred