This Weeks Hot Properties
110,000€
This beautifully presented villa offers spacious living accommodation and lovely out...
ViewMC Properties
285,000€
NEW BUILD GATED URBANIZATION IN TORREVIEJA ONLY 700M FROM THE BEACH
New Build residential complex o...
Europisol 2002 s.l.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.