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Tax on buying a property

PostPosted: Sun Oct 24, 2021 9:22 pm
by Silverlocke29
Hi, does any member know what percentage of tax you pay when purchasing a Spanish property if you are a Spanish resident?
Thanks

Re: Tax on buying a property

PostPosted: Sun Oct 24, 2021 9:34 pm
by marcliff
10% in the Valencia region. On both new and resales.
It is recommended you add about 13% to cover all expenses, solicitors - notary and so on.

Re: Tax on buying a property

PostPosted: Sun Oct 24, 2021 10:45 pm
by Silverlocke29
Thanks Marcliff, much appreciated :text-thankyouyellow: