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What are the hidden costs I should expect to pay above and beyond the agreed purchase price of a Spanish property?

April 26, 2017agreed costs expect hidden pay price Property purchase Spanish

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What are the hidden costs I should expect to pay above and beyond the agreed purchase price of a Spanish property?

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We normally recommend you allow about 10% of the purchase price to cover Spanish IVA tax and legal and notary fees (IVA is the Spanish version of UK Vat and is 7% on most properties).