{"id":17872,"date":"2026-01-25T18:41:30","date_gmt":"2026-01-25T18:41:30","guid":{"rendered":"https:\/\/casaotoch.com\/?p=17872"},"modified":"2026-01-25T18:41:31","modified_gmt":"2026-01-25T18:41:31","slug":"purchase-tax-expenses-flat-purchase-ourense-2026","status":"publish","type":"post","link":"https:\/\/casaotoch.com\/en\/purchase-tax-expenses-flat-purchase-ourense-2026\/","title":{"rendered":"How much does it really cost to buy a flat in Ourense? Taxes and expenses 2026"},"content":{"rendered":"<p class=\"wp-block-paragraph\">You've seen a flat for \u20ac100,000 and it suits you. But did you know that this is not the final price that will come out of your bank account? One of the most common mistakes when looking for a house is forgetting about the financial \u201csmall print\u201d: the taxes and formalisation costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At&nbsp;<strong>Otoch House<\/strong>&nbsp;we believe in total transparency. So that there are no surprises on the day of the signing, here you have the&nbsp;<strong>definitive spending guide<\/strong>&nbsp;to buy in Ourense this 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-el-mordisco-principal-el-itp-impuesto-de-transmi\">1. The main \u201cbite\u201d: The ITP (Property Transfer Tax)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you buy second-hand housing (which is the majority of the market in Ourense), you do not pay VAT, you pay ITP.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The general rule:<\/strong>\u00a0In Galicia, the general rate is\u00a0<strong>8%<\/strong>\u00a0on the reference value or purchase price.<a href=\"https:\/\/www.atriga.gal\/es_ES\/preguntas-frecuentes\/imposto-sobre-transmisions-patrimoniais-e-actos-xuridicos-documentados\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><\/a>\u200b<\/li>\n\n\n\n<li><strong>The good news (reduced rates):<\/strong>\u00a0If you are under 36, have a disability or are a large family, this tax can be drastically lowered to\u00a0<strong>3%<\/strong>\u00a0or even less, as long as it's for your primary residence and you don't exceed a certain amount of equity. Ask us about this before you do anything else!<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-notara-y-registro\">2. Notary and Registry<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">These are compulsory expenses for the house to be legally yours.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Notary:<\/strong>\u00a0Their rates (tariffs) are regulated by the State and depend on the price of the property. For an average flat in Ourense, calculate between\u00a0<strong>600\u20ac y 900\u20ac<\/strong>.<a href=\"https:\/\/www.idealista.com\/news\/finanzas\/hipotecas\/2017\/09\/20\/748073-los-gastos-e-impuestos-que-debes-afrontar-al-comprar-una-vivienda-tras-los-cambios-mas\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><\/a>\u200b<\/li>\n\n\n\n<li><strong>Land Registry:<\/strong>\u00a0Registering the deed in your name usually costs slightly less than the notary, at around\u00a0<strong>400\u20ac - 600\u20ac<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-la-gestora-opcional-pero-recomendada\">3. The Gestoria (Optional but recommended)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you take out a mortgage, the bank will require you to use their agency to ensure that everything is registered correctly. If you buy in cash, you can do it yourself, but for about&nbsp;<strong>300\u20ac - 400\u20ac<\/strong>&nbsp;you save paperwork and visits to the tax office.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"resumen-la-regla-del-10-12\">Summary: The 10-12% rule<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As a general rule of thumb to play it safe, in&nbsp;<strong>Otoch House<\/strong>&nbsp;we recommend that you have saved a&nbsp;<strong>10% or 12% extra<\/strong>&nbsp;on the price of the flat to cover all these expenses.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Example:<\/em>\u00a0For a \u20ac100,000 flat, you will need to have an additional \u20ac10,000 - \u20ac12,000 available for expenses (unless you have tax credits).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Does this sound like a mess?<\/strong><br>Don't worry. When you visit a flat with us, we will prepare a&nbsp;<strong>personalised cost sheet<\/strong>. We will tell you to the penny how much you will pay in taxes and expenses according to your personal profile. Call us and do your accounts with confidence.<\/p>","protected":false},"excerpt":{"rendered":"<p>Has visto un piso por 100.000\u20ac y te encaja. Pero, \u00bfsab\u00edas que ese no es el precio final que saldr\u00e1 de tu cuenta bancaria? Uno de los errores m\u00e1s comunes al buscar casa es olvidarse de la &#8220;letra peque\u00f1a&#8221; financiera: los impuestos y gastos de formalizaci\u00f3n. En&nbsp;Casa Otoch&nbsp;creemos en la transparencia total. Para que no [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[133],"tags":[136,134,135],"class_list":["post-17872","post","type-post","status-publish","format-standard","hentry","category-tramites-y-legal","tag-gastos-compraventa","tag-impuestos-galicia","tag-notaria"],"_links":{"self":[{"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/posts\/17872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/comments?post=17872"}],"version-history":[{"count":1,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/posts\/17872\/revisions"}],"predecessor-version":[{"id":17873,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/posts\/17872\/revisions\/17873"}],"wp:attachment":[{"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/media?parent=17872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/categories?post=17872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casaotoch.com\/en\/wp-json\/wp\/v2\/tags?post=17872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}