Tax payable on the purchase of a new home

The VAT levy or IVA (=Impuesto sobre el Valor Afadido) in Spanish is 10% on new construction + additional tax on top of VAT from 0.5% to 1.5% depending on the province.

The AJD (=Actos Juridicos Documentados), a real estate purchase tax, is 0.5% to 1.5%.

Costs for the land registration, varying from 0.1% to 2% (between €1000,- and €2000,-)

Tax payable on the purchase of a resale home

The transfer tax or ITP (=Impuesto sobre Transmisiones Patrimoniales Jin Spain is between 8% and 10% depending on the purchase amount and the Province and can be up to 15%.

The AJD (=Actos Juridicos Documentados), a real estate purchase tax, is 0.5% to 1.5%.

Cost of land registration ranging from 0.1% to 2% (between € 800.00 and € 2000.00).

The annual tax payable
personal income tax
Every foreigner resident in Sudan must file a tax return in relation to their personal obligations and on their worldwide income. If you stay in Spain for more than 6 months a year, you will be considered as a tax resident even if you have not yet applied for a residence permit.
In Spain the income tax is progressive, ranging from 24% to 43%. As a Spanish resident you can deduct up to a certain amount of mortgage charges (interest and repayments) from your taxable income.

Income tax for non-residents (people without a Spanish residence permit)
The Spanish tax authorities tax foreign homeowners with a kind of 'rental value default'. About 1.1% of the cadastral value is tax due approximately 24%. If you rent out the house, you will have to pay approximately 24% tax on the rental income. Over the period that the house was not let, you pay proportionally the rental value.

The owner of the property pays between 0.3% and 0.8% property tax as an indication. The percentages depend on the municipality.
Real estate tax is always paid, even if you are not registered in Spain as a resident.


  1.    Your own home under the sun in Spain
  2.    Why buy at GogoEstates?
  3.    Roadmap
  4.     Which institutions play a role in your purchase?
    •  The real estate agent
    •  The Lawyer
    •  The Notary
  5.     Mortgage and financing
    •  Funding
    •  Apply for a mortgage at a Spanish bank
    •  Guidance and advice GogoEstates
  6.     Taxes
    •   Tax in Spain on the purchase of a property
    •    The annual tax to be paid (Income tax and Property tax)
  7.     Why buy a house in Spain right now?
  8.     Our after-sales service
  9.     Info Days


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