Estimate the taxes on buying a home in Spain: transfer tax (ITP) on resale homes, or VAT plus stamp duty (IVA + AJD) on new builds, and the annual property tax (IBI).
Enter the property price to estimate the tax.
Annual property tax (IBI)
Property taxes when buying in Spain
When you buy a home in Spain the main tax depends on whether it is a resale or a new build. Resale (second-hand) homes pay ITP, the transfer tax, which each autonomous community sets and which generally ranges from 6% to 10% of the price. New builds bought from a developer pay 10% VAT (IVA) instead, plus stamp duty (AJD) of roughly 0.5% to 1.5% depending on the region.
The rates shown here are the standard general rates for each community. Many regions offer reduced rates for young buyers, large families, people with disabilities or primary residences below a certain value, so your actual rate may be lower — check your community's current rules or adjust the rate above.
Once you own the property you pay IBI every year. It is a municipal tax based on the cadastral value (valor catastral), which is usually well below the market price, multiplied by a rate the town hall sets, typically between 0.4% and 1.1%. Notary, land registry and legal fees are extra and are not taxes.