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Buying a house

Posted: Sun Mar 31, 2024 1:02pm
19 replies7 members subscribed
Neil76

Posts: 10

Location: Camposol

Joined: 2 Oct 2023

Hi all and Happy Easter

My wife and I are looking at buying a holiday home in Camposol and just wondering if anyone could give us a rough idea of the extra charges on top of the purchase price. We are looking at small house's in the region of €60,000 any help is appreciated 👍

BLUEBOYS1960

Posted: Sun Mar 31, 2024 3:49pm

Posts: 98

25 helpful points

Location: Camposol

Joined: 3 Jun 2022

Posted: Sun Mar 31, 2024 3:49pm

Neil76 wrote on Sun Mar 31, 2024 1:02pm:

Hi all and Happy Easter

My wife and I are looking at buying a holiday home in Camposol and just wondering if anyone could give us a rough idea of the extra charges on top of the purchase price. We are looking at small house's in the region of €60,000 any help is appreciated 👍

Hi Neil,yes camposol is a fabulous welcome.you have got to add about 12-14% on top,so if 100.000e it'll be 112-114.000e.theres 8 % tax plus solicitors fee,notary,search fees.etc.good luck.

Neil76

Posted: Sun Mar 31, 2024 6:22pm

Neil76

Original Poster

Posts: 10

Location: Camposol

Joined: 2 Oct 2023

Posted: Sun Mar 31, 2024 6:22pm

BLUEBOYS1960 wrote on Sun Mar 31, 2024 3:49pm:

Hi Neil,yes camposol is a fabulous welcome.you have got to add about 12-14% on top,so if 100.000e it'll be 112-114.000e.theres 8 % tax plus solicitors fee,notary,search fees.etc.good luck.

Thank you 

Maria63

Posted: Mon Apr 1, 2024 11:07am

Posts: 17

6 helpful points

Location: Camposol

Joined: 17 Jan 2024

Posted: Mon Apr 1, 2024 11:07am

Hi

I've recently purchased on Camposol C sector. House was €50.000 . Plus 8% tax as is the standard for Murcia Region. On top of this the solicitors fees were €1595 plus tax €550 for survey which was a waste of time and money. €2700 plus tax for Notary 😳. There were also many extra charges , POA and a few more. My overall purchase cost €64000. None of this was explained properly , my fault I suppose . Good luck Maria

Bartman123

Posted: Mon Apr 1, 2024 3:57pm

Bartman123

Helpful member

Posts: 225

151 helpful points

Location: Camposol

Joined: 20 Feb 2022

Posted: Mon Apr 1, 2024 3:57pm

Maria63 wrote on Mon Apr 1, 2024 11:07am:

Hi

I've recently purchased on Camposol C sector. House was €50.000 . Plus 8% tax as is the standard for Murcia Region. On top of this the solicitors fees were €1595 plus tax €550 for survey which was a waste of time and money. €2700 plus tax for Notary 😳. There were also many extra charge...

...s , POA and a few more. My overall purchase cost €64000. None of this was explained properly , my fault I suppose . Good luck Maria

Hi Maria, 

that is a crazy amount of money, whom did you buy through and your solicitor, we purchased through Dawn at 2Let2Sell using MMB, our tax and total fees worked out at just over €6000 and we purchased out villa for €58k 2 years ago, the Notary fees were less than €500 and included in our Solicitor fees etc. 

sounds like you have seriously overpaid 

Lee 

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KevS

Posted: Mon Apr 1, 2024 4:21pm

KevS

Helpful member

Posts: 62

51 helpful points

Location: Camposol

Joined: 25 Jul 2023

Posted: Mon Apr 1, 2024 4:21pm

Bartman123 wrote on Mon Apr 1, 2024 3:57pm:

Hi Maria, 

that is a crazy amount of money, whom did you buy through and your solicitor, we purchased through Dawn at 2Let2Sell using MMB, our tax and total fees worked out at just over €6000 and we purchased out villa for €58k 2 years ago, the Notary fees were less than €500 and included in our Solic...

...itor fees etc. 

sounds like you have seriously overpaid 

Lee 

I hope this helps.  

Attached is the price and fees section from our completion in late January from Costa Calida Property Services.  They did a good job and as you can see, it worked out to about 10% on our property but will be a higher percentage I guess on a smaller purchase as some of the fees may be fixed irrespective of the property price.

Maria63

Posted: Tue Apr 2, 2024 4:13am

Posts: 17

6 helpful points

Location: Camposol

Joined: 17 Jan 2024

Posted: Tue Apr 2, 2024 4:13am

Hi Lee

I will go through my figures they did make a few mistakes that I had to pull them up on.  However the actual fees of the various taxes and charges I had to take their word for. Thank you for your help Maria

Neil76

Posted: Tue Apr 2, 2024 9:16am

Neil76

Original Poster

Posts: 10

Location: Camposol

Joined: 2 Oct 2023

Posted: Tue Apr 2, 2024 9:16am

Maria63 wrote on Tue Apr 2, 2024 4:13am:

Hi Lee

I will go through my figures they did make a few mistakes that I had to pull them up on.  However the actual fees of the various taxes and charges I had to take their word for. Thank you for your help Maria

Thank you all

Stecko

Posted: Wed Apr 3, 2024 12:05pm

Posts: 32

4 helpful points

Joined: 21 Dec 2023

Posted: Wed Apr 3, 2024 12:05pm

Maria63 wrote on Mon Apr 1, 2024 11:07am:

Hi

I've recently purchased on Camposol C sector. House was €50.000 . Plus 8% tax as is the standard for Murcia Region. On top of this the solicitors fees were €1595 plus tax €550 for survey which was a waste of time and money. €2700 plus tax for Notary 😳. There were also many extra charge...

...s , POA and a few more. My overall purchase cost €64000. None of this was explained properly , my fault I suppose . Good luck Maria

You Paid 28 percent of the cost of house in costs in legal plus taxes and it appears to be over the normal 10 to 12 PC

You appear to be totally ripped off, Your solicitor should have gave you the approximately costs

Dont know how you got a house for 50 thousand euro ?? Was it a one bedroom run down apt ??

regards

michael

Maria63

Posted: Wed Apr 3, 2024 12:18pm

Posts: 17

6 helpful points

Location: Camposol

Joined: 17 Jan 2024

Posted: Wed Apr 3, 2024 12:18pm

Stecko wrote on Wed Apr 3, 2024 12:05pm:

You Paid 28 percent of the cost of house in costs in legal plus taxes and it appears to be over the normal 10 to 12 PC

You appear to be totally ripped off, Your solicitor should have gave you the approximately costs

Dont know how you got a house for 50 thousand euro ?? Was it a one bedroom run down apt ??

regards

michael

The house was very run down, we had rain pour through ceilings and walls and through electrics when there was heavy rain a few Saturdays back. Everything inside except a table and chairs needed dumping it was not fit for habitation. Kitchen propped up on bricks and so much dust and dirt it made my asthma bad. However hard work to clean up , repairing the whole solarium 5 days of grouting  and making good and then 3 coats of the fibre glass roofing paint , we feel we can proceed with buying furniture to relax on and look forward to making it into a home. Future new kitchen and bathroom, when we have made our minds up how we would like it. I will go back to solicitor on all the charges when I'm back over later this month. It's a 2 bed Rebecca style bungalow.

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