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Costs to consider when purchasing a property:

Taxes (between 5.75% and 6.5%)
Notary fees
Translators fee (if non Spanish speaking)
Legal fees
Land Registry fees
Plus Valia tax

Generally, this amounts to approximately 10% of the declared value of the property.

K2 strongly recommends you to take expert legal advice when buying your property. Over the years, we have built up strong relationships with well renowned lawyers and banks (La Caixa). Listed below is a Spanish law firm:


Contact information:

Phone: +34 928 815 262

Fax: +34 928 802 200

E-mail:
info@lanzarotelawyers.com

Address: Izquierdo, de la Cueva y Lleó, Abogados
C/ Ginés de Castro y Alvarez nº 12, 3er piso.
35500 Arrecife – Lanzarote, Spain.