Buying a property in Spain – Purchasing costs

Autumn is the perfect time of the year to buy your Marbella dream property, as we cool down from the summer heat and the traffic returns to normal, the demand for property for sale increases and September and October have become through the years, one of the most popular periods, when a high volume of property is sold and transactions are made.

Many clients visit Marbella during the summer months and begin searching for property, finally returning with finances in place to be able to make an offer and purchase that dream property in the autumn, ready to use by Christmas.

Finding a property can seem complex and take up a lot of time; searching through endless websites at times seeing the same properties repeated endlessly, which is why using a knowledgeable agency, local to the area, is the key to finding the right property. Marbella Unique Properties offers a large selection of properties, as well as working with collaborators both nationally and internationally, enabling our team the possibility to offer our clients the widest selection of property without having to look elsewhere.

When deciding to buy a property, and with a price in mind, you must consider the additional purchasing costs so to be able to buy that property, these costs should be worked into your initial total budget. They are approximately 10% on top of the agreed sales price and they include; Lawyers, Banks, Notary and property registration fees, Taxes, as well as any Additional costs, here explained:


Marbella Unique Properties recommends our clients whether buyers or sellers, to always instruct a lawyer from the area who is experienced and knowledgeable in the field for both Local and Spanish law. They help guide the client in the best possible way through the purchase process and do the due diligence on the properties paperwork and ensure the client is purchasing the property correctly, as well as advise on all factors related to the properties situation with regards to the town hall and legal situation.  Lawyers also deal with the paperwork to make the client resident in Spain if necessary, and deal with the final changeover of utility bills and annual property taxes from the old owner to the new. We work with a large variety of lawyers on the coast and recommend to choose one that speaks the clients’ native language to help best explain the ins and outs of property law and the purchase.


We recommend to shop around especially when looking for mortgages, to look at a variety of banks to make sure you get the best possible deal. The majority of popular banks have branches in Puerto Banus and the surrounding areas and speak Spanish and English amongst other languages. They offer different options depending on if Resident or Non-Resident in Spain and consider special conditions enabling flexibility to the clients’ specific needs and individual situation. Banks fees vary depending on the service needed. When taking a mortgage, the bank will visit the property and draw up a valuation, to finally approve the mortgage. Mortgages can even be taken out in the clients residing country to raise funds to pay for the property in Spain outright.


There are two types of property purchases that are made with regard to property taxes to be paid.

  • If purchasing a Resale property (second hand property) there is no IVA (VAT) to be paid on the salesprice, and the client would only pay “Impuestos de Transmisiones Patrimioniales” ITP (Property Transfer Taxes).
  • If purchasing a New Development (brand new property from the developer) the client pays 10% IVA (VAT) of the property price.

Any additional costs

Depending on the future use of the property and its current state, many new owners do a variety of things to the property itself which could include:

Refurbishing the property

For this we recommend to ask advise and seek out a reputable company with experience in the specific field, many speak multiple languages enabling communication and clarity for ideas.

Furniture and soft furnishings

Marbella and its surrounding areas offer a wide variety of Interior Designers and boutiques, World renowned furniture brands and an abundance of local and handcraft shops.

Property Ready

Equipping the property itself ready for use with 2 large commercial shopping centers in the vicinity and many famous brands, Marbella is the ideal place to equip a property ready for use.

Investment Property

If to be used as an investment property we recommend sought out any additional documentation necessary to comply with Spanish rental law i.e. applying for the Touristic License (in the case of wanting to rent the property out on a short term basis), Rental insurance etc…

Purchasing your dream property in Marbella to make your own is an exciting venture and Marbella Unique Properties is on hand from helping find the first property selection to view to the last day when your able to sit on your terrace and enjoy a glass of wine already moved in! Just call our office for further information and assistance.

6 bedroom villa in Marbella town center

6 bedroom villa in Marbella town center

Sale Price: 1.700.000€

  • Reference. 239-01584P
  • 310 m² Built
  • 6 beds
  • 4 baths

A beautifully presented 6 bedroom family home in Marbella town center, in an established residential area surrounded by private villas. This south west facing villa is built over 2 levels plus a ...

More Details
Traditional 5 bedroom family villa in Marbella

Traditional 5 bedroom family villa in Marbella

Sale Price: 740.000€

  • Reference. 239-01480P
  • 336 m² Built
  • 5 beds
  • 4 baths

This spacious family home is well presented and offers 4 bedrooms plus 1 full apartment, set close to the Hotel Don Miguel, just behind Marbella town centre. This property is built on 2 floors plus an ...

More Details
A fantastic plot right in Marbella centre

A fantastic plot right in Marbella centre

Sale Price: 480.000€

  • Reference. 239-01087P

A great south facing plot in Marbella town centre, walking distance to all services set in a quiet well established residential area surrounded by villas. The plot boasts 600m2 with 40% build ability ...

More Details
Beautiful villa for sale close to the Piruli in Marbella town

Beautiful villa for sale close to the Piruli in Marbella town

Sale Price: 990.000€

  • Reference. 239-00568P
  • 250 m² Built
  • 5 beds
  • 3 baths

A lovely 5 bedroom villa located in Marbella town within walking distance to the beach and all amenities. Set on a spacious plot of 1.370m2 the villa offers 250m2 of construction on 2 levels. The property ...

More Details