What Does It Cost to Buy Property in Andalusia in 2026?

The Cost of Buying Property in Andalusia in 2026

Plan the taxes and additional spending before you make an offer

A €500,000 property requires a budget above €500,000. The amount you need depends on the tax treatment of the purchase, any financing and the spending required to make the home ready for use.

Build that budget before agreeing on a price. It will help you compare properties fairly and keep enough cash available for completion and the first months of ownership.

The main distinction is whether you are buying a resale subject to ITP or a qualifying first delivery of a residential home subject to VAT. The applicable general rates in Andalusia are shown below.

Reduced rates and exceptions can apply. Your lawyer or tax adviser should confirm the treatment and taxable base for the exact transaction before you rely on a calculation.

Resale subject to ITP

7% ITP in Andalusia

First delivery of a residential home by a developer

10% VAT generally

Purchase deed subject to variable AJD

1.2% AJD generally in Andalusia

Assume a €500,000 purchase, a €500,000 taxable base for each applicable tax and no reduced rate or exemption. ITP at 7% would be €35,000. For a first-delivery residential purchase attracting 10% VAT and 1.2% AJD, those taxes would total €56,000.

That gives €535,000 or €556,000 respectively before professional fees and other spending. The illustration shows why a single percentage for every property can be misleading. It is not a quotation for an individual purchase.

For a resale, the relevant tax base can differ from the price you negotiate. Have it checked rather than assuming the agreed price settles the tax calculation.

Request estimates for independent legal advice, the purchase deed and registration, and any technical inspection you decide to commission. Check what each quotation includes, including VAT where relevant.

If you need a mortgage, distinguish the costs of buying the property from those of arranging the loan. Under the applicable Spanish mortgage framework, the lender generally bears the mortgage deed’s notary, registration, tax and administrative costs; the borrower pays for the valuation. This does not remove the buyer’s separate purchase costs.

Allow for bank charges and currency conversion where funds are held abroad.

Check what comes with the property. A furnished resale may still need repairs or replacement appliances. A new home may require window treatments, lighting, furniture or garden work.

Ask about utility setup, insurance and the first community payments. Obtain figures for the actual property, especially where facilities such as security or a spa create substantial ongoing costs.

Keep a contingency rather than committing every available euro to the purchase.

Record when reservation payments, contractual deposits, staged payments, taxes and the final balance fall due. Clarify what is included in each amount so you do not count a deposit twice or overlook tax on an instalment.

With an off-plan purchase, timing can be as important as the eventual total. Ask your lawyer to review the payment schedule alongside the protection for advance payments.

Organise evidence showing where the money comes from and how it will be transferred. Check bank limits and allow time for any compliance requests.

If your funds are not in euros, obtain a conversion estimate and consider how an exchange-rate change would affect your available budget. Confirm the recipient details through your lawyer before sending purchase funds.