Taxes
- New housing: VAT (10%) is paid on the purchase price, and AJD (Actos Jurídicos Documentados), which in Andalusia is 1.2%.
- Second-hand housing: ITP (Property Transfer Tax) is paid, which in 2025 is 7% in general in Andalusia.
2. Notary
Notary fees vary according to the price of the property and the complexity of the document, but are usually between €600 and €1,000.
3. Land Registry
The registration of the sale and purchase at the Registry costs between 400 € and 700 €, depending on the price of the property.
Management (optional)
If you finance with a mortgage, the bank may require an agency to take care of all the paperwork. It usually costs between 300 € and 500 €.
5. Appraisal (if there is a mortgage)
The bank may request an official appraisal, with an approximate cost of 300 € to 500 €.
✅ Tax reductions according to your situation.
The Junta de Andalucía contemplates reduced rates of ITP for certain buyers. Here are some examples:
🧓 Under 35 years of age.
- ITP reduced to 3.5% if the property does not exceed 150,000 € and it will be your habitual residence.
👨👩👧👦 Large families
- ITP reduced to 3.5%, as long as it is the habitual residence and does not exceed 250,000 € (or up to 350,000 € if there are disabled members).
♿ Persons with disabilities
- ITP of 3.5% if a degree equal or higher than 33% (physical) or 65% (psychic) is accredited, and it is destined to a habitual residence.
🌍 Non-tax resident buyers
Non-residents are not eligible for certain reductions, such as those applicable to their principal residence, unless they officially transfer their residence to Spain. In addition, they may be subject to certain tax withholdings or informative declarations if they subsequently resell the property.
📌 Conclusion: calculate your total budget well.
When buying a property in Malaga, it is not enough to look only at the sale price. The purchase costs of a property in Malaga can be between 8% and 13% additional to the value of the property. And if you are a buyer with a special profile (large family, young, disabled…), you can save several thousand euros in taxes.
🏠 At Irene Homes we advise you personally.
At Irene Homes we help you find the perfect home and understand every step of the process. We accompany you from the first visit to the signing at the notary’s office, making sure you take advantage of all the tax benefits available.
📞 D o you want to know how much you would pay in your specific case?
Contact us and we’ll help you crunch the numbers.
Irene Homes
More than 30 years of experience in the service of your dreams.
