How much does it cost to register a property in the Registry?

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Although buying an apartment is exciting, it can be a long process until the end arrives. If we are going to buy an apartment , we must carry out a series of procedures and among them is registering the property in the Property Registry. This is a simple procedure, although you must know the steps to follow and what the price of this process is. In this way, so that registering our home does not become a complicated process, below is everything related to this procedure.

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What is the Property Registry?
According to article 1 of the Mortgage Law, the Property Registry's purpose is “the registration Chinese Overseas America Number Data or annotation of acts and contracts related to ownership and other real rights over real estate.”

The objective of registering the property is none other than to legally secure the properties, thus protecting the owner of the property. The documents that are registered in the registry are those related to housing, such as, for example, public documents, hereditary awards, etc.

In Spain it is not mandatory to register in the Property Registry as a general rule, but it is required when applying for a mortgage . Even so, it is recommended to do so, whether or not you take out a mortgage, to obtain legal protection while the property is registered in your name.



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How much do you have to pay to register the property?
In general, the property is deeded at around 6-8% of the value of the property. Therefore, the value depends on what has been declared for the home. These rates may vary, since they are established based on what is approved by the Government, and published, consequently, in the Official State Gazette.

Not in vain, there is no fixed rate to know how much a registrar charges, since the rates are not set randomly , but are governed by Royal Decree 1427/1989: