Tax Guide for Foreigners Buying Properties on the Levante Coast
Today we are going to talk about a crucial issue for those who want to purchase property in this paradisiacal region: taxes. Buying property on the Costa Blanca is a dream for many foreigners, but it is important to understand the tax implications before taking the step. Here is a basic guide to help you better understand this aspect: Property Transfer Tax (ITP): When you buy a second-hand property in Spain, you must pay the Property Transfer Tax (ITP). The tax rate varies depending on the Autonomous Community, but in the Valencian Community, where the Costa [...]