Taxation When Buying a Home in Spain: What Every Buyer Should Know

Taxation When Buying a Home in Spain: What Every Buyer Should Know Buying a home in Spain is one of the most important decisions in anyone's life, and it's essential to understand not only the purchasing process, but also the taxes involved. Taxation can vary significantly depending on whether you're buying a new or second-hand home. In this article, we'll explain the main taxes you'll need to consider. Property Transfer Tax (ITP) If you are buying a second-hand property, the Property Transfer Tax (ITP) is one of the main taxes you will have to pay. This tax [...]

Taxation When Buying a Home in Spain: What Every Buyer Should Know2024-11-14T14:38:21+00:00

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 [...]

Tax Guide for Foreigners Buying Properties on the Levante Coast2024-03-28T10:53:27+00:00
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