Once signed, the Notary registers the sale with the Land Registry, and you receive the keys. 5. Costs and Taxes to Budget For

The remaining balance is paid, usually via a circular check or a bank transfer.

At this stage, you typically pay a deposit of 10% to 30% of the purchase price.

You must pay the relevant purchase taxes at this meeting.

The Compromesso is the most critical stage. It is a detailed contract that outlines the price, completion date, and everything included in the sale.

Once you find a property, the formal process begins with a (Purchase Proposal).