{"id":106454,"date":"2021-07-30T07:00:50","date_gmt":"2021-07-30T05:00:50","guid":{"rendered":"https:\/\/www.shbarcelona.com\/blog\/en\/?p=106454"},"modified":"2021-08-02T12:15:32","modified_gmt":"2021-08-02T10:15:32","slug":"cost-register-property-barcelona","status":"publish","type":"post","link":"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/","title":{"rendered":"How Much Does it Cost to Buy and Register a Property in Barcelona?"},"content":{"rendered":"<p style=\"text-align: justify;\">Congratulations! If you have started reading this article, you are probably in the middle of the process of buying a property and registering it in your name. It can be difficult to discover <strong>what costs are involved when buying and registering a house or apartment<\/strong>. And we are mainly talking about the costs of the deed with the <em>Registro de la Propiedad<\/em> here in Spain when transferring the property to the new owner.&nbsp;<\/p>\n<p style=\"text-align: justify;\">When you buy an apartment in Barcelona, you always need a notary to legally complete the process of registering it in your name. Keep reading this article by <strong>ShBarcelona<\/strong> if you want to know <strong>how much it costs to buy and register a property<\/strong>.<\/p>\n<div id=\"metaslider-id-104537\" style=\"max-width: 850px; margin: 0 auto;\" class=\"ml-slider-3-20-3 metaslider metaslider-responsive metaslider-104537 ml-slider\">\n    <div id=\"metaslider_container_104537\">\n        <ul id='metaslider_104537' class='rslides'>\n            <li><a href=\"https:\/\/www.shbarcelona.com\/owners-services\/sales\" target=\"_self\"><img width=\"850\" height=\"182\" src=\"https:\/\/www.shbarcelona.com\/blog\/en\/wp-content\/uploads\/2020\/09\/en-10.jpg\" class=\"slider-104537 slide-104538\" alt=\"sell apartments barcelona\" rel=\"\" title=\"Banner medio venta propietarios\" \/><\/a><\/li>\n        <\/ul>\n        \n    <\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#Why_do_you_need_the_title_deed\" title=\"Why do you need the title deed?\">Why do you need the title deed?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#Costs_of_registering_your_new_home\" title=\"Costs of registering your new home\">Costs of registering your new home<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#1_How_much_are_notary_fees_when_registering_a_property\" title=\"1) How much are notary fees when registering a property?\">1) How much are notary fees when registering a property?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#2_How_much_does_Land_Registry_cost\" title=\"2) How much does Land Registry cost?\">2) How much does Land Registry cost?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#3_What_taxes_should_be_taken_into_account_when_registering_a_property\" title=\"3) What taxes should be taken into account when registering a property?\">3) What taxes should be taken into account when registering a property?<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cost-register-property-barcelona\/#Case_study_on_the_costs_of_property_registration\" title=\"Case study on the costs of property registration\">Case study on the costs of property registration<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Why_do_you_need_the_title_deed\"><\/span>Why do you need the title deed?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">The title deed is a legal document that completes the process of a property sale and purchase. In the text of this document you will find all the relevant information on the property, like its location, the total surface area, if there still is a mortgage on the property, and what its value is.<\/p>\n<p style=\"text-align: justify;\">As&nbsp; you will understand, <strong>this document is of the utmost importance<\/strong> when you buy a property. Both the buyer and seller must agree on the contents of the deed, and the notary plays a role in officially rounding off the process of the property transfer.<\/p>\n<div id=\"attachment_106459\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-106459\" class=\"wp-image-106459 size-full\" src=\"https:\/\/www.shbarcelona.com\/blog\/en\/wp-content\/uploads\/2021\/07\/precio-escritura-piso-e1626944711717.jpg\" alt=\"hand, pen and papers being signed - register a property\" width=\"640\" height=\"427\"><p id=\"caption-attachment-106459\" class=\"wp-caption-text\"><em>Photo via Freepik<\/em><\/p><\/div>\n<p style=\"text-align: justify;\">The title of the deed, in short, makes the <strong>change of ownership of the property legal<\/strong>. So this document is the property buyer&#8217;s guarantee that it is his (or hers), and that the transfer is definite and cannot be undone.<\/p>\n<p style=\"text-align: justify;\">On the other hand, if you already have the title deed of the property and people are showing interest in it, the selling process can be quicker, because the necessary information is readily available. By requesting a <em><strong>Nota Simple<\/strong><\/em>, interesting parties can obtain details on who owns the property and, for example, what costs still have to be paid.&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-large fasc-type-flat fasc-rounded-medium ico-fa fasc-ico-before fa-chevron-circle-right\" style=\"background-color: #850909; color: #ffffff;\" href=\"https:\/\/www.shbarcelona.com\/flats-for-sale\">Buy an apartment in Barcelona?<\/a><\/p>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Costs_of_registering_your_new_home\"><\/span>Costs of registering your new home<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you ar buying a house in Barcelona right now, then you already know <a href=\"https:\/\/www.shbarcelona.com\/blog\/en\/savings-buying-apartment-barcelona\/\"><strong>how much money you should have saved<\/strong><\/a> to pay for mortgage fees and other costs that come with buying a property.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; background-color: #ffe6c9;\">\n<tbody>\n<tr>\n<td style=\"width: 100%; text-align: justify;\"><strong>&#x1f4cc; When buying and registering a property, you should have at least an extra 10 to 12% of the total price of the property in your savings account.<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Knowing this percentage, it is important to be aware of the fact that there are three different types of value of a property:<\/p>\n<ul>\n<li style=\"text-align: justify;\">The real value &#8211; this is what the property is worth in today&#8217;s market<\/li>\n<li style=\"text-align: justify;\">The cadastral value &#8211; as established by the Spanish <em>Direcci\u00f3n General del Catastro<\/em> (Hacienda)<\/li>\n<li style=\"text-align: justify;\">The registered value &#8211; which is usually lower than the real value, and which means you pay less taxes<\/li>\n<\/ul>\n<blockquote><p>There are three property valuation possibilities: the real value, the cadastral valua and the registered value<\/p><\/blockquote>\n<p>Once we have come up with the right type of valuation, it is possible to calculate the <strong>costs of buying and registering the property<\/strong>.<\/p>\n<div id=\"attachment_106458\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-106458\" class=\"wp-image-106458 size-full\" src=\"https:\/\/www.shbarcelona.com\/blog\/en\/wp-content\/uploads\/2021\/07\/precio-escritura-notario-640x427-1.jpg\" alt=\"man looking at laptop, registering a property in Barcelona\" width=\"640\" height=\"427\"><p id=\"caption-attachment-106458\" class=\"wp-caption-text\"><em>Photo via Freepik<\/em><\/p><\/div>\n<p style=\"text-align: justify;\">You need to make sure that you have enough savings to pay for the property transfer costs. These costs consist of:<\/p>\n<p style=\"text-align: justify;\">&#x2705; Notary fees<\/p>\n<p style=\"text-align: justify;\">&#x2705; Land registry fees<\/p>\n<p style=\"text-align: justify;\">&#x2705; Property transfer taxes (VAT, ITP, AIJD)<\/p>\n<p style=\"text-align: justify;\">Just to be clear, we will have a look at every of the three costs involved when changing ownership with a property. If you still have questions, the three expenses in the next paragraphs are paid for by the buyer of the property.<\/p>\n<h3 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"1_How_much_are_notary_fees_when_registering_a_property\"><\/span>1) How much are notary fees when registering a property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">As we already said before, in order to obey the law the title deed must be signed by a notary. He is in charge of validating the legal document, and as a result you can never go around a notary when buying and registering a house. If you want to transfer a property, you need the notary.<\/p>\n<p style=\"text-align: justify;\">So now the question is: <strong>How much does the notary and the title deed cost?<\/strong> What you should know first, is that notary fees are fixed by the Government. This way everyone has equal access to the public services of a notary.<\/p>\n<p style=\"text-align: justify;\">Notary fees for the deeds are <strong>normally between 600 and 1200 euros<\/strong>, and the final prices depends on the price of the property. The invoice you receive from the notary is called a <em>&#8220;minuta&#8221;<\/em>, but it is, more formally, also known as an <em>&#8220;arancel&#8221;<\/em>.&nbsp;<\/p>\n<p style=\"text-align: justify;\">It is good to know, however, that notaries are allowed to give <strong>up to a 10% discount<\/strong> on their services. They must apply a VAT of 21% though.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; background-color: #ffe6c9;\">\n<tbody>\n<tr>\n<td style=\"width: 100%; text-align: justify;\"><strong>&#x1f4cc; There is one cost that has not yet been mentioned, and that is the price you pay for the number of pages. For every page (except for the first four) that needs to be signed by the notary you will 3,02 euro extra.<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div>&nbsp;<\/div>\n<div id=\"attachment_106457\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-106457\" class=\"wp-image-106457 size-full\" src=\"https:\/\/www.shbarcelona.com\/blog\/en\/wp-content\/uploads\/2021\/07\/escriturar-piso-barcelona-640x427-1.jpg\" alt=\"man holding papers - how to register a property in Barcelona\" width=\"640\" height=\"427\"><p id=\"caption-attachment-106457\" class=\"wp-caption-text\"><em>Photo via Freepik<\/em><\/p><\/div>\n<h3 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"2_How_much_does_Land_Registry_cost\"><\/span>2) How much does Land Registry cost?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Unfortunately for property buyers, this is not where the expenses for buying and registering a property end. Next on this list is Land Registry.<\/p>\n<p style=\"text-align: justify;\">You will pay <strong>between 400 and 650 euros<\/strong> for their services, and if there is a third party involved (notary or agent), then you will pay extra for that.<\/p>\n<h3 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"3_What_taxes_should_be_taken_into_account_when_registering_a_property\"><\/span>3) What taxes should be taken into account when registering a property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Let&#8217;s start with <strong>VAT<\/strong>. On <strong>newly built properties<\/strong> there is a VAT percentage of <strong>10% on the registered price<\/strong> of the property. If it concerns public housing, then this tax is only 4%.<\/p>\n<p style=\"text-align: justify;\">If you are buying an existing property and not a newly built one, however, you will need to <strong>pay ITP<\/strong> <em>(Impuesto de Transmisiones Patrimoniales)<\/em>, and in Catalonia this comes down to <strong>10%<\/strong> of the total value of the property.&nbsp;<\/p>\n<p style=\"text-align: justify;\">Last but not least, every new owner must pay stamp duty (<em><b>Impuesto de actos jur\u00eddicos documentados <\/b><\/em>or IAJD), and in Barcelona this is 1%.<\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-large fasc-type-flat fasc-rounded-medium fasc-ico-after dashicons-arrow-right-alt\" style=\"background-color: #850909; color: #ffffff;\" href=\"https:\/\/www.shbarcelona.com\/\">Check out ShBarcelona\u00b4s services <\/a><\/p>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Case_study_on_the_costs_of_property_registration\"><\/span>Case study on the costs of property registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Let&#8217;s look at a case study to get a clear picture of the <strong>costs of registration<\/strong>.&nbsp;<\/p>\n<p style=\"text-align: justify;\">We will use the following details: it concerns the purchase of an existing apartment in Barcelona&#8217;s Eixample district, and the registered price is <strong>250,000 euros<\/strong>.<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\"><strong>Item<\/strong><\/td>\n<td style=\"width: 33.3333%; height: 24px;\"><strong>Percentage<\/strong><\/td>\n<td style=\"width: 33.3333%; height: 24px;\"><strong>Price<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\">Notary<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">&#8211;<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">850 euros<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\">Land registry<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">&#8211;<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">650 euros<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\">ITP<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">10%<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">25.000 euros<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\">IAJD<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">1%<\/td>\n<td style=\"width: 33.3333%; height: 24px;\">2500 euros<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 33.3333%; height: 24px;\"><em><strong>Total<\/strong><\/em><\/td>\n<td style=\"width: 33.3333%; height: 24px;\">&nbsp;<\/td>\n<td style=\"width: 33.3333%; height: 24px;\"><em><strong>29.000 euros<\/strong><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">As this example shows, you will need to have saved an amount of 29,000 euros to pay for the <strong>costs of buying and registering a property<\/strong>. This comes down to 11,6% of the total value of the property.&nbsp;<\/p>\n<p style=\"text-align: justify;\">This percentage is in accordance with current legislation, although prices may slightly differ depending on the notary&#8217;s fees. Prices also depend on the number of pages, the number of copies needed, and the size of the property.<\/p>\n<div id=\"attachment_106456\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-106456\" class=\"size-full wp-image-106456\" src=\"https:\/\/www.shbarcelona.com\/blog\/en\/wp-content\/uploads\/2021\/07\/escriturar-casa-barcelona.jpg\" alt=\"couple with hands together and key in it\" width=\"640\" height=\"480\"><p id=\"caption-attachment-106456\" class=\"wp-caption-text\"><em>Photo via Pexels<\/em><\/p><\/div>\n<p style=\"text-align: justify;\">As you have been able to see in this article, when you are in the process of buying an apartment, it is safe to say that you need at least 12% on top of the agreed property price to pay for the costs of buying and registering the property.<\/p>\n<p style=\"text-align: center;\"><em>Related article:&nbsp;<a href=\"https:\/\/www.shbarcelona.com\/blog\/en\/cedula-habitabilidad-barcelona\/\">What You Should Know About The C\u00e9dula de Habitabilidad in Barcelona<\/a><\/em><\/p>\n<p style=\"text-align: center;\"><strong>Was this blog post useful to you? 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href=\"https:\/\/www.shbarcelona.com\/blog\/en\/buying-an-apartment\/\" class=\"_self\" target=\"_self\" >15 Essential Questions to Ask Before Buying an Apartment<\/a><\/p><\/div><\/div><\/div><\/div><\/div>\n<a class=\"left carousel-control\" data-target=\"#92014684yw\" data-cvslide=\"prev\">\r\n\t\t\t\t\t\t<span class=\"glyphicon glyphicon-chevron-left\"><\/span>\r\n\t\t\t\t\t<\/a>\r\n\t\t\t\t\t<a class=\"right carousel-control\" data-target=\"#92014684yw\" data-cvslide=\"next\">\r\n\t\t\t\t\t\t<span class=\"glyphicon glyphicon-chevron-right\"><\/span>\r\n\t\t\t\t\t<\/a><\/div><\/div><\/div><\/div><\/div><\/div>\n<div style=\"display: none;\"\n    class=\"kk-star-ratings kksr-valign-bottom kksr-align-left \"\n    data-id=\"106454\"\n    data-slug=\"\">\n    <div class=\"kksr-stars\">\n    <div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n    <\/div>\n    <div class=\"kksr-stars-active\" style=\"width: 150px;\">\n            <div class=\"kksr-star\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\">\n            <div class=\"kksr-icon\" style=\"width: 25px; height: 25px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n    <div class=\"kksr-legend\">\n            <strong class=\"kksr-score\">5<\/strong>\n        <span class=\"kksr-muted\">\/<\/span>\n        <strong>5<\/strong>\n        <span class=\"kksr-muted\">(<\/span>\n        <strong class=\"kksr-count\">1<\/strong>\n        <span class=\"kksr-muted\">\n            vote        <\/span>\n        <span class=\"kksr-muted\">)<\/span>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Congratulations! If you have started reading this article, you are probably in the middle of the process of buying a property and registering it in your name. It can be difficult to discover what costs are involved when buying and registering a house or apartment. And we are mainly talking about the costs of the [&hellip;]<\/p>\n","protected":false},"author":143,"featured_media":106455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4494],"tags":[9838,9839],"_links":{"self":[{"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/posts\/106454"}],"collection":[{"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/users\/143"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=106454"}],"version-history":[{"count":17,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/posts\/106454\/revisions"}],"predecessor-version":[{"id":106572,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/posts\/106454\/revisions\/106572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/media\/106455"}],"wp:attachment":[{"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=106454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=106454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shbarcelona.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=106454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}