Post-Purchase Must-Knows on the Costa Blanca

You’re in! Now, tie up loose ends with your lawyer: taxes, registration, and ongoing costs like:

Property Costs:

• Upkeep: Bigger homes, bigger bills.
• Community Fees: Hundreds to thousands yearly.
• IBI Tax: 0.4%-1.1% of valor catastral (€200-€1500).
• Garbage: ~€300/year.

Your Costs:

• Wealth Tax: 0.2%-2.5% above €700,000.
• Income Tax: 25% on 2% of valor catastral (non-rented); 25% rent income.