
Purchase costs
What a Canary Islands purchase really costs.
The asking price is not the cost of entry. A resale home pays transfer tax (ITP); a new build pays IGIC — the Canary Islands levy their own indirect tax instead of mainland Spanish IVA — plus stamp duty on the deed. Notary, land registry and legal fees sit on top of whichever applies.
We are not able to price any market right now. The tax registries are loaded jurisdiction by jurisdiction as each one is researched.