Costs of buying a home
- Notary fees: The signing of the public deed before a notary generates expenses that vary according to the price of the property, although in most transactions they are between 600 euros and 1,200 euros.
- Registration in the Land Registry: After signing, the deed must be registered in the Land Registry.
- This cost usually ranges from 400 euros to 800 euros, depending on the value of the property.
- Gestoría ( optional but recommended): If you decide to have all the administrative documentation processed by a Gestoría, the cost is usually between 300 euros and 500 euros.
- Appraisal (in case of mortgage): If you apply for financing, the bank will require an official appraisal of the property. Its cost is usually between 300 euros and 600 euros.