How much does it cost to buy a second-hand home in the Costa Blanca?
Buying a home in Dénia, Jávea, Moraira, Benissa, or anywhere else along the Costa Blanca means you need to take into account not only the price of the property, but also the taxes and associated costs that come with the purchase.
IMPORTANT:
The expenses listed in this article apply to the purchase of a resale home in the Valencian Community.
For newly built properties, the taxes are different, since you don’t pay ITP—instead, you pay VAT and AJD.
How much should a buyer budget?
As a general rule, when buying a resale home on the Costa Blanca, the buyer should allow for approximately between a 10% and 13% additional amount on top of the purchase price.
This percentage includes:
ITP
Notary fees
Land Registry
Property management/gestoría
Possible bank or mortgage-related costs
Main costs when buying a resale home
1. ITP (Property Transfer Tax)
This is the main cost when buying a resale home.
Currently, in the Valencian Community, the general ITP rate is:
10% of the purchase price
Example:
Home: €300,000
Estimated ITP: €30,000
2. Notary fees
The purchase deed must be signed before a notary.
Estimated cost:
Between €600 and €1,500
3. Land Registry
After the signing, the property must be registered with the Land Registry.
Estimated cost:
Between €400 and €1,000
4. Gestoría and other expenses
Depending on the transaction, there may be costs related to a gestoría, paperwork processing, or the mortgage.
Approximately:
Between €300 and €600
Quick example of costs
Buying a resale home in Dénia for €400,000
Item | Estimated |
|---|---|
ITP (10%) | €40,000 |
Notary | €900 |
Registry | €700 |
Gestoría and extras | €500 |
Estimated total costs:
Between €42,000 and €45,000
What if the property is newly built?
For newly built properties, the taxes change.
Instead of ITP, the buyer pays:
VAT: 10%
AJD (Documented Legal Acts): approximately 2%
Before buying a home
It’s also a good idea to check:
Simple property record (nota simple)
Planning/urban development status
Community fees/debts
Land Registry and Cadastre (Catastro)
Licences and documentation
A prior review can help you avoid many future problems.
At Denia Investissement we guide our clients throughout the entire process of buying and selling properties in Dénia and the Costa Blanca, offering tailored advice and full support up to the signing before a notary.
