If you’re a foreigner buying property in Valencia, it’s essential to understand the taxes and fees involved. These costs go beyond the purchase price and must be factored into your total budget — especially if you’re buying remotely or through a Spanish lawyer.
At Borderless Lawyers, we calculate all tax obligations and ensure every legal step is handled correctly on your behalf.
📊 Summary of Buyer Taxes and Fees in Valencia
| Cost Item | Description | Amount |
|---|---|---|
| Property Transfer Tax (ITP) | Tax on resale properties | 10% of price |
| VAT (IVA) + Stamp Duty (AJD) | For new-builds only | 10% + 1.5% |
| Notary Fees | Based on property price and length of deed | €600–€1,200 |
| Land Registry Fees | To register ownership | €400–€1,000 |
| Legal Fees | Fixed or % of property price | From €1,500 |
| Bank Transfer Fee (Optional) | SWIFT/SEPA for non-residents | €50–€150 |
| NIE Application | Required for all foreign buyers | €150–€300 |
| POA Setup (Optional) | If buying remotely | €200–€400 |
🏡 1. Property Transfer Tax (ITP)
-
Applies to resale properties
-
In the Valencia region, ITP is 10% of the official declared value
-
Paid within 30 working days after notary signing
-
Failure to pay results in penalties and interest
✅ We handle the entire ITP filing and payment for you.
🏗️ 2. VAT + Stamp Duty (New-Builds Only)
-
Applies to new-builds from developers
-
10% VAT (IVA) on the sale price
-
1.5% Stamp Duty (AJD) in Valencia
-
Must be paid at the time of notarization
💡 New-builds are subject to a different tax regime — we help determine the correct structure.
🖋️ 3. Notary Fees
-
Range from €600–€1,200
-
Depends on the complexity of the deed and property value
-
Mandatory for all property purchases
-
Covers the public signing of the Escritura Pública de Compraventa
🏛️ 4. Land Registry Fees
-
Usually €400–€1,000
-
Paid to the Registro de la Propiedad
-
Registers the buyer as the legal owner
-
Required to complete the legal transfer
✅ We file the deed and monitor the registration on your behalf.
⚖️ 5. Lawyer Fees
-
We charge a fixed legal fee for end-to-end service
-
Includes:
✅ Due diligence
✅ Arras contract review/drafting
✅ Tax filing
✅ POA setup
✅ NIE application
✅ Notary signing
✅ Registry filing -
Starts from €1,500, depending on property complexity
🆔 6. NIE & Power of Attorney Fees
-
NIE application: €150–€300
-
POA setup (optional): €200–€400
-
Both are one-time legal costs, often handled remotely
✅ These are included in our legal package for most buyers.
💳 7. Other Costs to Expect
-
Bank charges for currency transfers or SWIFT fees
-
Translation services (if needed for notary)
-
Utility setup or community payments after purchase
-
Valuation or survey (optional, especially for rural properties)
💬 Final Word
Buying property in Valencia involves more than just the purchase price. With transfer tax, notary fees, and registration costs, you should plan for 11%–13% in total additional costs.
At Borderless Lawyers, we provide complete cost transparency and handle every tax and fee on your behalf — including payment, registration, and compliance.
📞 Contact us today for a detailed quote and full legal assistance in your Valencia property purchase.