How much tax will you pay when buying a property in Catalonia?
If you're considering buying a second-hand home in Catalonia, it'ls important to know the current rates for the Property Transfer Tax (ITP):
General ITP rates in Catalonia
- Homes up to €600,000= 10%
- Homes from €600,001 to €900,000 = 11%
- Homes from €900,001 to €1,500,000= 12%
- Homes over €1,500,001 = 13%
Reduced and special rates
- Only 5%ITP for young people up to 35 years old, large families, victims of gender based violence, and other groups with specific requirements.
- 20%ITP for large holders (10 + homes, or 5 + in high-pressure zones) and for the purchase of entire buildings.
At our real estate agency we guide you so you know which tax rate applies in your case and take advantage of the available fiscal benefits.