This Weeks Hot Properties
360,000€
Estepona Golf - Bright and spacious modern apartments overlooking Estepona Golf on the New Golden M...
ViewNicole Beyer Real Estate 1994 SL
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- Apartments for Sale in Orihuela Costa, Alicante
- Villas for Sale in Pilar de la Horadada, Alicante
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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.