Latest Blog Posts: Real Estate Marketing That Actually Sells
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IVA and AJD when buying a newly built home in España
New-build taxation For new-build properties, you must first establish whether it is a first transfer and then determine the relevant tax jurisdiction. In the Spanish territory where IVA applies—the mainland and the Illes Balears—the first transfer of a home by the developer is generally subject to IVA. The deed may also be subject to the…
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Taxes when buying a home in Asturias: ITP, IVA and AJD
Purchase taxes · Principado de Asturias In Asturias, resale properties may be taxed at 8%, 9% or 10%; new-build properties follow a different route with IVA and AJD. The tax treatment of a home purchase in Asturias depends first on whether the transfer is subject to ITP or IVA. For a usada property, Asturias's standard…
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New build or resale in España: differences for buyers
Buying a home · Comparison The difference is not just between moving into a brand-new home or renovating: taxation, timelines, payments and the type of risk all change. New builds and resale properties can both be good options, but they need to be assessed using different criteria. New builds concentrate more risk around the developer,…
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Taxes when buying a home in Aragón: ITP, VAT and AJD
Real estate taxation · Aragón In Aragón, resale properties and new builds follow different tax routes. An ordinary purchase of a usada home is normally subject to Transfer Tax (ITP/TPO), with an Aragon progressive scale from 8% to 10%. A first transfer of a new home subject to VAT normally incurs national VAT and, where…
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Buying a new-build property in España
New-build and off-plan purchases With new-build properties, every payment must relate to a verifiable project, contract and form of protection. Buying directly from a developer may mean reserving a property that is still under construction. Risk cannot be managed by looking only at plans and specifications: you need to check who the developer is, what…
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Taxes on buying a home in Andalucía: ITP, IVA and AJD
Property taxation · Andalucía In Andalucía, the tax depends primarily on whether you are buying a resale property or a newly built home on its first sale. A standard purchase of a resale home in sada is normally subject to Transfer Tax (TPO, commonly known as ITP). The first sale of a newly built home…
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Taxes when buying a home in España
Taxation of property purchases There is no single tax rate for buying a home in España. First, you need to determine whether the transaction is a resale or a first sale of a new home. You then need to identify the autonomous community, foral territory or special tax regime applicable to the property. Last reviewed:…
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Inheriting or gifting a property in España
Property inheritances and gifts Inheriting and gifting a property may transfer the same property, but they do not have the same consequences. In both cases, Inheritance and Gift Tax may apply, but the timing of the transfer, the parties involved, the applicable regulations and other taxes that need to be assessed differ. A gift may…
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Solidarity Tax and real estate properties in España
ITSGF · Real estate assets A high-value property does not by itself trigger the Solidarity Tax: total net wealth and tax residence are what matter. The Temporary Solidarity Tax on Large Fortunes (ITSGF) is a state tax that supplements Wealth Tax. It applies to individuals with net wealth exceeding 3.000.000 € and largely uses the…
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Non-resident tax on a property in España
IRNR · Non-resident property owners If you are a non-tax resident and own a property in España, IRNR may apply even if you do not rent it out. For a non-resident individual, an urban property in España may generate imputed income when it is available to the owner or vacant, and property income when it…