What taxes do I have to pay If I’m buying a property in Spain?

In fact, if you click the following link you’ll be able to find the article that I’ve written explaining the whole procedure and the related costs about buying a property in Spain.

There is 17 autonomous communities in Spain, but there are a couple of municipalities within those autonomous communities that have slightly different tax regimes, so I’ve set them apart here.

You can find the IPT rate for each Spanish Community here:-

IPTNotes
Álava7%
Andalucía8-10%Depends on property value
Aragón8-10%Depends on property value
Asturias8-10%Depends on property value
Balearic Islands8-11%Depends on property value
Canary islands6.5%
Cantabria10%Some exceptions for large families
Castilla La mancha9%
Castilla & Leon8%
Cataluña10%
Ceuta & Melilla6%
Extremadura8-11%Depends on property value
Galicia10%
La Rioja7%
Madrid6%
Murcia8%
Navarra6%
Basque Country7%
Valencia10%

On top of the IVA at the time of purchase, there’ll be another charge to for extra paperwork to be done in the notary office.

This usually amounts to between 0.75-1% of the purchase price.

So, don’t forget that you’ll have to add these fees, whether it’s IPT or IVA on top of the agreed purchase price that you’re going to be buying the property for.

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