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| | Euros | Sterling | | Property price - example | € 150.000 | £ 100.000 | | 7% IVA (VAT) (new properties)of declared value, or transmission tax (on re-sales) | € 10.500 | £ 7.000 | | 2% Notary Fees, Land registry fees, and stamp duty tax (based on property price) | € 3.000 | £ 2.000 | | 1% Solicitor´s Fees or a minimum established by solicitor. | € 1.000 /1.500 | £ 666.67/1.000 | | N.I.E (Fiscal number) | € 100 | £ 66.67 | | Water and Electricity Contracts | € 300 | £ 200 | | Spanish Will (English/Spanish) – optional * | € 120 | £ 80 | | ESTIMATED TOTAL AND FINAL PRICE | € 165.020 | £ 110.013 |
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