service description

Different taxes are involved in a property transfer operation. 

When the transfer takes place between two private persons, generally a Property Transfer Tax is paid. The current tax rate is 10% on the price of the transaction up to the first million Euro, and 11% thereon.

In the case of a property transfer such as one made by a company or property developer, VAT is applied (10% or 21% in other cases). An important note: when you declare VAT, you also have to declare a 1.5% Transfer and stamp tax (Impuesto de Actos Jurídicos).

This Stamp tax is also applied on notarial deeds such as Declarations of new buildings, certain loans and mortgages, etc.

Consult our blog for more information about this tax. You can download the guides in the section “Download and print” appearing in the right margin of this page. We also recommend you consult the FAQs section for more information related to frequent doubts.

The services we provide include preparing your return for this tax, besides and independently of other services you may retain. Click here or contact us for an appointment.

DISCLAIMER: The information contained in the web site is purely for informational purposes and does not substitute or constitute legal counsel. Neither does it constitute any contractual relationship with our practice. Each particular case requires tailored counsel.

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