The costs that generates to change the writings of a house

• Taxes

The change of writings is directly related with two taxes: the Property Transfer Tax and the tax on Documented Legal Acts. The first one has to be paid in the autonomous community where the immovable is found, and the amount varies in function of the written price and depending on each community. Instead, the second one is always of the one per cent of the total value of the house.

• Municipal Capital Gain

This tax, in principle, has to be paid by the seller, and it's different in each location depending on the city council. The quantity to pay is on the increase of the value of the terrains. It means that it's on the difference between the value of the sale and the value of the purchase.

• Notarial taxes

The notarial work has to be paid through the notarial tariffs. The positive part is that the costs are fixed for all Spain, so that all the notaries earn the same money to realise the same service. This ensures the access of all the citizens to the preventive assistance that loan the notaries.

• Taxes of register

When you inscribe the immovable to the Register of the Property, you have to pay to leave public constancy that this house is yours. The taxes are fixed by low depending on the price of trading. This procedure is not compulsory, but it's recommended to make clear that the house is yours with all her consequences and avoid problems in a future.

• Agency taxes

If you decide to contract a manager, for supposed you have to pay it. In that case, you will save lots of headaches because he's going to take care of all the procedures, like the register, the payment of the taxes or the procedure of the writings. What you have to pay to him depends on the prices of each agency.

We expect that this information will be very helpful to you!