Buying this as a new build
The buildings are under construction, and the developer has not yet published a handover date. You buy from the plans and the price list and pay in stages while the work continues.
What the lowest-priced home costs in full
- Starting price
- €790,000
- VAT (IVA), 10%
- €79,000
- Stamp duty (AJD), 1.2%
- €9,480
- Your lawyer, about 1% plus VAT
- €9,559
- Notary, land registry and administration
- about €2,100
- Estimated total
- €890,139
An estimate, at the rates in the cost guide. The lawyer’s, notary’s and land registry fees vary with the price and the deed, and a mortgage adds the bank’s own costs.
That means asking the developer for a handover date in writing, checking the bank guarantee on each payment, and walking the site with you as the homes are finished.
Get in touch and I will talk you through it. Buying with me sets out how I work.