What taxes are incurred when buying a property in Spain?

New homes generate VAT, second-hand homes generate transfer tax, and stamp duty. It is worth noting that these taxes will vary from region to region, but not so much. After getting the deed, the government has to pay the government land tax every year. The specific price depends on the different area and housing area. In addition there will be a property management fee, this price is also determined according to different properties, usually 50-100 euros / month.