A selection of interesting villas with swimming pools which have recently become available for sale on… more
If you're a non-resident thinking of selling your property on the Costa del Sol, it's important to understand the taxes and legal costs involved. This guide outlines the main expenses so you can avoid surprises and make informed decisions.
Non-residents selling property in Spain are liable for Capital Gains Tax on the profit made from the sale. The rate is:
You can deduct the purchase and sale costs, as well as the cost of improvements (if you have valid invoices/facturas).
By law, 3% of the agreed sale price is withheld by the buyer and paid to the Spanish tax authorities on your behalf. This is held against any CGT liability. If you sell at a loss or your tax affairs are in order, you may claim a refund.
This is a local tax based on the official increase in the land value during your ownership, payable to the Town Hall. We can help calculate this using your IBI bill and purchase date. Your lawyer will advise if a refund is possible due to recent legal challenges.
Michael Moon’s agency fee: 5% + IVA, success-only (no sale, no fee).
Lawyer’s fee: Typically 1% + IVA, potentially negotiable for higher-value properties.
If you have a mortgage — or had one that hasn’t been fully removed from the Land Registry — you’ll need to budget for cancellation fees (usually €500–€1,000). We recommend checking with your bank early in the process.
If you need a recommended lawyer who speaks your language, we’ll be happy to help.
For straightforward guidance and support with your property sale, please don’t hesitate to contact us:
Call us on (0034) 952 90 52 00, WhatsApp us, email info@michael-moon.com, or use the contact form below.
