ITP, the Impuesto sobre Transmisiones Patrimoniales, is Spain's tax on buying a resale home, set by each region and usually the biggest line in your closing costs. A new build is taxed differently, at IVA (Spanish VAT) plus a smaller regional stamp duty, and the calculator below works out both.
Calculate your property transfer tax
Figures checked 2026-07-05 against the official sources linked below. Next scheduled review: 2027-07-05.
The calculator works on the declared purchase price. On a resale, if the official reference value of the property, the valor de referencia, is higher than your price, the tax office assesses ITP on that value instead.
The rates by region, with sources
These are the general rates the calculator uses, read from the same sourced data file. Regions we haven't verified against their official tax agency yet aren't shown, and the calculator won't offer them either.
| Region | Resale (ITP) | New build | Official source |
|---|---|---|---|
| Andalucía | 7% | IVA 10% + AJD 1.2% | Junta de Andalucía: Tipos de gravamen ITPAJD |
| Balearic Islands | 8% to €400,000, 9% to €600,000, 10% to €1,000,000, 12% to €2,000,000, then 13% above that | IVA 10% + AJD 1.5% | ATIB: Tipos de gravamen ITPAJD (TPO inmuebles) |
| Canary Islands | 6.5% | IGIC 7% + AJD 1% | Agencia Tributaria Canaria: Guía ITP y AJD |
| Catalunya | 10% to €600,000, 11% to €900,000, 12% to €1,500,000, then 13% above that | IVA 10% + AJD 1.5% | Decret llei 5/2025, DOGC núm. 9379 (26/03/2025) |
| Madrid | 6% | IVA 10% + AJD 0.75% | Comunidad de Madrid: Transmisiones Patrimoniales Onerosas |
| Murcia | 7.75% | IVA 10% + AJD 1.5% | Ley 3/2025 (Presupuestos CARM 2025), BORM 24/07/2025 |
| Valencia (Comunitat Valenciana) | 9% up to €1,000,000, 11% on the whole price above €1,000,000 | IVA 10% + AJD 1.4% | Ley 5/2025, de 30 de mayo (Comunitat Valenciana), BOE-A-2025-11959 |
New builds everywhere on the mainland and the Balearic Islands pay IVA at 10% (AEAT: Compro una vivienda, ¿IVA o ITP?) plus the region's AJD stamp duty, instead of ITP.
A worked example
Buying a €700,000 resale home in Balearic Islands, the calculator shows every step rather than just the answer:
| Step | Taxed amount | Tax |
|---|---|---|
| ITP at 8% on the first €400,000 | €400,000 | €32,000 |
| ITP at 9% from €400,000 to €600,000 | €200,000 | €18,000 |
| ITP at 10% from €600,000 to €1,000,000 | €100,000 | €10,000 |
| Total | €60,000 |
That is an effective rate of 8.57% on the full price. Every result links the official source behind each rate it used.
Resale or new build: which tax you actually pay
Two purchases, two completely different tax bills. Getting this right before you calculate anything matters, because the taxes do not overlap: you pay one route or the other, never both.
Buying a resale home (any property being sold on, not for the first time) means you pay ITP, the transfer tax, at your region's rate. The buyer pays it. There is no VAT on a resale.
Buying a new build (a first delivery straight from the developer) means you pay IVA at 10% instead, plus AJD, the regional stamp duty on the purchase deed (Actos Jurídicos Documentados). The developer charges the IVA and passes it to the tax office; you pay the AJD. A new build never attracts ITP. In the Canary Islands the developer charges IGIC, the local equivalent of IVA, and the calculator handles that too.
On a resale you file and pay ITP yourself, usually within 30 working days of signing the deed at the notary. Miss that window and the tax office adds a surcharge, so this is a date to diarise, not a bill that waits for you.
One thing the calculator flags but cannot decide for you: on a resale, the tax office can assess ITP on the valor de referencia, the official reference value it assigns to the property, if that figure is higher than the price you actually pay. When it is, your tax is worked out on the reference value, not on your price.
How the calculator works
The calculator does not guess. It reads a maintained set of tax figures, each tied to the official regional or national source it came from, and applies the one that matches your region and purchase type. For a banded region it shows the working tranche by tranche, so you can see exactly how the total was built rather than taking a single number on trust.
Every result carries the source link for the rate used and a "figures last verified" date, so you can check the figure against the tax authority yourself. Where a region charges a special rate in particular cases, the tool shows that as a caveat alongside your result rather than folding it silently into the number.
The calculator covers the regions we have verified against their official tax-authority pages. If your region is not yet listed, that means we have not confirmed its current rate to the standard we are willing to publish, not that the tax does not apply. A property lawyer or gestor covering that region will have the current figure.
What this number does not include
ITP (or IVA plus AJD) is the tax on the purchase. It is the largest closing cost, but it is not the only one. The figure this tool gives you does not cover:
- Notary fees for witnessing the deed, set by a regulated scale.
- Land Registry fees to register you as the new owner.
- Gestoría fees, if a processing agent handles the paperwork and tax filing for you.
- Your lawyer's fee for the independent legal checks, typically around 1% of the price.
The plusvalía municipal, the council tax on the increase in the land's value since the seller bought it, is the seller's cost by law, not the buyer's. Do not budget for it as a purchase cost. Watch instead for a contract clause that tries to shift it onto you, which a lawyer catches on a read-through of the deposit contract.
As a rough frame, budget 10% to 14% of the purchase price for all taxes, fees and legal costs combined, with the tax this calculator gives you as the biggest piece of it.
When do you actually need a property lawyer?
Working out the tax is the easy part, and you have just done it. If you are buying a straightforward resale flat from a resident seller, paying in full with your own money, and the price and the reference value line up, the purchase itself is largely form-filling and dates. Plenty of buyers handle that with a good gestor and no lawyer.
A property lawyer earns the fee at specific moments, not as a general precaution:
- Before you sign the arras. The contrato de arras is the private deposit contract between you and the seller, and it is binding: pull out and you lose the deposit, the seller pulls out and they owe you double. The terms are negotiable, which means they are checkable, and the moment to check them is before you sign, not after.
- When the reference value is higher than your price. If the tax office assesses ITP on the valor de referencia and you think that value is too high for the actual property, you can challenge it, but the appeal has to be argued and evidenced correctly to succeed.
- Buying off-plan. Your stage payments to the developer must be secured by a bank guarantee. If they are not and the developer fails, the money is usually gone. A lawyer confirms the guarantee is real before you pay.
- Buying through a company, or as a large holder. The structure changes the tax and the paperwork, and some regions charge a much higher rate on large holders, so the figure a standard calculator gives you may not be the one that applies to you.
If any of those is your situation, you can compare verified property lawyers in Spain and reach the best-fit one with a single enquiry.
You have the tax number. The number is the easy part.The contract terms, the reference value and the order you do things in are where Spanish purchases actually go wrong. Send one enquiry and we route it to the best-fit verified property lawyer for your region and case. Free, no obligation.
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