TAXES
When you are purchasing a resale property, you only pay the transfer tax. This tax amounts to 8% up to a purchase of 400,000, from 400,000 to 700,000, 9% and over this amount you pay 10% tax.
When you are purchasing a new property, at present VAT (known as IVA in Spain) is 10% of the purchase price of residential properties (villa, apartment, etc), and 21% for commercial properties and plots of land.