The sale price of a property is not exactly what a property costs. On top of this you have to add purchase tax, agency and other fees and mortgage costs if you require a mortgage. Here at Valencia Property we have always been clear about these costs but some people need a full breakdown so we have put together a new buying cost calculator below for you to use.

Importantly we have broken down the costs so that if you require a mortgage too you can put in the amount of mortgage you will be getting and therefore know how much of the transaction cost will be covered by the mortgage and how much of your own funds you will need to provide.

How to Use The Calculator

Use the calculator below to work out your costs and what you will need to provide on buying property in Valencia. We have set the default tax rate to the new 9% rate on resale property from the 1st June 2026 but you can also choose the VAT rate of 10% for New Builds or the higher rate of 11% for purchases over 1 million Euros.

By default the agency fee is set to the 3% standard in Valencia, legal fees are set to 1% and notary registry and gestor fees to 1% although these fees may vary by case.

If you are getting a mortgage then tick the mortgage box and introduce the amount you are getting. By default we have entered a 1% opening commission which is standard but again this varies by individual cases so check with your mortgage offer and you can change that amount.

Take a look and have a play with the calculator below.

Buying Cost Estimator for Valencia

Use this form to estimate the total cost of buying a property in Valencia, including purchase tax, professional fees, and optional mortgage costs. All figures are indicative and should be treated as a guide rather than formal tax or legal advice.

Key assumptions used in this estimator

Resale propertyFrom 1 June 2026

ITP rate9% standard
11% above €1 million

NotesThe 9% rate applies to the full purchase price where the price is €1 million or below. The 11% rate applies where the price exceeds €1 million. This estimator applies the higher rate to the full amount if the price is over €1 million.

New build propertyStandard rate

VAT rate10%

NotesNew builds attract VAT at 10% instead of ITP. AJD (stamp duty) may also apply on top. This estimator does not include AJD for new builds as the rate can vary — ask your lawyer to confirm what applies.

Professional feesAll attract VAT

VAT rate21% on fees

NotesAgency fees and legal fees carry 21% VAT on top of the quoted percentage. The notary, registry and gestor estimate is treated as VAT-inclusive.

Property details

Purchase price (€)

Property type Resale — ITP applies New build — VAT applies

Purchase tax

ITP rate for resale (%)

9% from 1 June 2026. Overridden to 11% automatically if the purchase price exceeds €1 million.

VAT rate for new build (%)

10% IVA on new build residential property. AJD may also be payable — confirm with your lawyer.

Professional fees

These are the typical percentages applied to the purchase price. All will attract 21% VAT on top — shown separately in the results.

Agency fee (%)

Buyer-side agency fee as a percentage of the purchase price. Plus 21% VAT.

Legal fees (%)

Solicitor or gestor fees for conveyancing. Plus 21% VAT.

Notary, registry and gestor (%)

Notary, land registry, and gestor combined. VAT is already included in this estimate.

VAT on professional fees (%)

Standard Spanish VAT rate applied to agency, legal, and notary fees.

Mortgage costs (optional)

Include mortgage-related costs in the estimate

Mortgage amount (€)

Opening commission (%)

Charged by the lender on the mortgage amount. Typically 0 to 1%. Plus 21% VAT.

ⓘ Notary, registry and gestor costs on the mortgage deed are paid by the bank, not the buyer. Broker fees, if applicable, are settled separately before completion. The opening commission is the only mortgage-related cost shown here.

Calculate total buying costs Reset form

Purchase tax

€0

ITP or VAT depending on property type.

Professional fees (before VAT)

€0

Agency, legal, and notary combined.

VAT on agency and legal fees

€0

21% applied to agency and legal fees. VAT is already included in the notary, registry and gestor estimate.

Mortgage opening commission

€0

Lender's opening commission on the mortgage amount. No VAT applies.

Mortgage amount used

€0

The mortgage amount entered above.

Personal funds needed

€0

Total cash needed minus the mortgage amount.

Estimated total cash needed

€0

Purchase price plus all taxes, fees, and VAT.

Cost breakdown

Item	Amount	Notes

Important note

This estimator uses the rates confirmed for Valencia from 1 June 2026: resale ITP at 9%, rising to 11% on purchases above €1 million, and new build VAT at 10%. All professional service fees are subject to 21% VAT on top of the headline percentage. Figures are indicative and this tool is not a substitute for advice from your lawyer or gestor.

The only mortgage cost shown here is the lender's opening commission. This does not carry VAT — bank-charged opening commissions are VAT-exempt under Spanish law. You may have a fee if using a broker and will have to pay for the valuation of the property to get a mortgage offer but both of those fees are paid in advance. Notary and registry costs on the mortgage deed are covered by the bank.

For new builds, AJD (stamp duty) may be payable on top of the 10% VAT. This estimator does not include AJD as the applicable rate depends on the deed type. Ask your lawyer to confirm.