Property taxes Andalucia

What are the relevant taxes related to buying and selling a property in Andalucía?

ITP (Impuesto de Transmisiones Patrimoniales) known as property transfer tax is the tax you will pay when purchasing a property in Spain, this tax is different in each region of Spain, the amount you pay will depend on 3 factors:

  • where you are buying

  • the type of property you are buying

  • the price of the property

If you are purchasing a property off-plan (pre-completion) or a new build property then you will pay a flat rate of 10% on the price of the property.

For all other purchases, the rate is on a sliding scale.

  • Up to €400,000 - 8%

  • €400,001 to €700,000 - 9%

  • €700,001 + – 10%