Apartment for sale in Javea / Xàbia, Alicante

Reform apartments in the old town of Javea.

This is a guide to the complete and full costs of buying a €299,000 resale property in Alicante, Spain.

Without mortgage:
Purchase price €299,000 + Property Transfer Tax (ITP 10%) €29,900 + Notary fees approximately €900–€1,300 + Land Registry fees approximately €500–€900 + Lawyer / conveyancing fees approximately €2,500–€4,000 + Optional administration / gestoría / NIE costs approximately €300–€800 = total estimated purchase cost approximately €333,100–€335,900.

With mortgage:
Purchase price €299,000 + Property Transfer Tax (ITP 10%) €29,900 + Notary fees (purchase) approximately €900–€1,300 + Land Registry fees (purchase) approximately €500–€900 + Lawyer / conveyancing fees approximately €2,500–€4,000 + Optional administration / gestoría / NIE costs approximately €300–€800 + Mortgage valuation fee approximately €400–€700 + Mortgage notary & registry fees approximately €700–€1,300 + Bank arrangement / opening fee approximately €0–€2,000 = total estimated purchase cost approximately €334,200–€341,900.

Estimated cash required at completion with mortgage:
Non-resident (70% LTV loan): approximate cash required €124,900–€132,600.
Resident (80% LTV loan): approximate cash required €95,000–€102,700.