ITP Spanien: Grunderwerbsteuer beim Immobilienkauf

ITP in Spain (Impuesto sobre Transmisiones Patrimoniales) is the main tax you pay when buying a resale property.

Unlike new builds, resale properties are not subject to VAT but instead to ITP, which varies depending on the region. In most areas, the rate ranges between 7% and 10% of the purchase price.

For example:

• Andalusia: typically around 7%
• Valencia / Catalonia: can go up to 10%

ITP must be paid within 30 days after signing at the notary.

Key points:

• Applies only to resale properties
• Paid by the buyer
• Regional tax (rates vary)
• Significant part of total purchase costs

ITP is one of the biggest upfront costs and should always be included in your investment calculation.