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 [...]