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Mallorca Alpha Estates

Buying in Mallorca

Purchase costs calculator

What a purchase in Mallorca costs on top of the price: transfer tax or VAT, notary, land registry and professional fees.

Type of purchase

Your estimate

Purchase costs

€171,901

11.46% of the purchase price

Taxes

  • Transfer tax (ITP)Charged in slices of the price:€150,000
    8% on the first €400,000€32,0009% on €400,000 – €600,000€18,00010% on €600,000 – €1,000,000€40,00012% on €1,000,000 – €2,000,000€60,000

Fees

  • Notary0.1% of the price, min. €600, max. €1,500, plus 21% IVA€1,815
  • Land Registry0.08% of the price, min. €400, max. €1,200, plus 21% IVA€1,452
  • Independent lawyer1% of the price, min. €1,500, plus 21% IVA€18,150
  • Gestor (tax filings and registration)Fixed estimate, plus 21% IVA€484
Purchase costs
€171,901
Price plus costs
€1,671,901

Please note

These figures are indicative only and are not tax, legal or financial advice. Taxes and fees depend on your personal circumstances and on the rules in force on the day you sign. A gestor, lawyer or bank will confirm the exact amounts before you commit.