The taxes on the purchase / sale of a house in Empuriabrava
The taxes on the purchase / sale of a house in Empuriabrava

What taxes does it take to buy a house?

Buying or selling a home involves paying a number of taxes. But the two parties (buyer and seller) does not pay the same taxes. Do you want to know what taxes you need to pay for the purchase and sale of a house or apartment in Empuriabrava or Rosas? We summarize it easily here:

Taxes on the sale :

  • The taxes for the purchaser

We must differentiate if the home you buy is new or not. A house or apartment is considered new when the property is purchased directly to the developer. When it comes to a new house, a house for sale in Empuriabrava for example, the sale is subject to VAT.

Tax on Patrimonial Transmissions (ITP)
If the home you buy in Rosas is not new, the buyer must pay ITP, but not VAT. The tax rate varies depending on the autonomous region, but is usually between 6% and 10% (10% in Catalonia) on the selling price declared at the signing of the deed.

Actos Jurídicos Documentados (AJD)
This tax is expected on notarial documents, in this case, the deed itself. It is compatible with the VAT tax, therefore all transactions subject to VAT which are formalized in a notarial deed is subject to the AJD. This can varies between 0.5% and 1.5% of the selling price, depending on the Autonomous Community. This fee and the ITP are to be paid by the buyer within 30 working days from the signing date of the deed.

  • The taxes paid by the seller

Tax on the increase of urban land value (municipal plus-value)
This is a direct tax on the increase of value experienced by land between the date of acquisition and the date of transmission, not exceeding twenty years. This tax must be paid on each transmission (selling a house / apartment / land) and it is paid by the seller. It is a municipal tax that depends on each municipality and it is calculated on the taxable value at the time of sale.

Tax on personal income (personal income tax) - for Spanish tax residents.
When a taxpayer sells a house or apartment in Ampuriabrava, he is imposed on the plus-value realized through his personal income tax. The capital gain from the sale of a house in 2016, must be declared in the income tax

For people who are not tax resident in Spain, they have a 3% on the selling price.

Property tax (IBI)
Property Tax (IBI) is an annual municipal tax on owners. The seller have to pay this tax before selling his villa or apartment in Ampuriabrava. It is calculated on the estimated value of the house.