Stamp Duty on La Palma is set at around 10% of the agreed selling price. For example: if a is house purchased at €200,000, this means:
Purchase price | once only | € 200,000 |
Estate agent’s fees | 3% (min. 1800 Euro) | € 6,000 |
Transfer tax | 6.5 % | € 13,000 |
Notary | approx.. | € 800 |
Registration at “Registro de Propiedades” (Property Register) | once only | € 300 |
Cadastral registration | once only | € free: service |
IGIC (tax) for Estate Agent’s fees | 6,5% | € 390 |
In total | € 220,490.00 |
We offer help with enrolling for electricity, water etcetera for free as a service!
This is a general example; prices may vary
Please contact us for a detailed estimate based on your specific situation.