Taxes associated with buying a home in the Valencian Community
For any foreign buyer looking to purchase property in Torrevieja or other areas of the Valencian Community, understanding the taxes payable during the transaction is crucial. Knowing them from the outset allows you to avoid surprises and accurately calculate the total cost of the investment. The Valencian Community has unique tax regulations that distinguish it from other regions of Spain, making a clear guide essential, especially for those coming from different tax systems. Property Transfer Tax (ITP) When buying a second-hand home, the buyer must pay the ITP, which in the Valencian Community is currently 10% of [...]









