Property buyer taxes in Spain 2026
Property purchase taxes in Comunidad Valenciana changed on 1 June 2026. This page gives buyers a practical summary for resale homes and new-build properties.
Quick buyer summary
The split below is a practical cost summary for buyers on the Costa Blanca. When looking for a home in Torrevieja, a Costa Blanca property or a new build, final taxation depends on the property, price, buyer profile and the interpretation in force at completion.
Resale home or new build?
Property buyer taxation in Spain starts with whether the home is resale or new build. The same price can lead to a different tax structure, so buyers comparing Torrevieja homes or Costa Blanca properties should check the tax model before comparing listings by purchase price only.
Example buyer calculations
The examples below are indicative and assume that the taxable base equals the purchase price. In a real transaction, the taxable base, reductions and buyer profile are always checked separately.
By region: Valencia first
In Spain, ITP on resale homes and AJD on new builds are not identical everywhere. New builds also include VAT, which is usually 10% in mainland Spain. For Costa Blanca buyers, the most important row is Comunidad Valenciana.
| Region | Resale home: ITP | New build: VAT | New build: AJD |
|---|---|---|---|
| Comunidad Valenciana / Costa Blanca | 9 % / 11 % | 10 % | 1,4 % |
| Andalusia | 7 % | 10 % | 1,2 % |
| Murcia | 7,75 % | 10 % | 1,5 % |
| Madrid | 6 % | 10 % | 0,75 % |
| Catalonia | 10-13 % | 10 % | 1,5 % |
| Balearic Islands | 8-13 % | 10 % | 1,5 % |
| Canary Islands | 6,5 % | IGIC, check | 0,75 % |
| Galicia | 8 % | 10 % | 1,5 % |
| Castile and Leon | 8-10 % | 10 % | 1,5 % |
| Castile-La Mancha | 9 % | 10 % | 1,5 % |
| Aragon | 8-10 % | 10 % | 1,5 % |
| Extremadura | 8-11 % | 10 % | 1,5 % |
| Asturias | 8-10 % | 10 % | 1,2 % |
| Cantabria | 9 % | 10 % | 1,5 % |
| La Rioja | 7 % | 10 % | 1 % |
| Navarra | 6 % | 10 % | 0,5 % |
| Basque Country | check by province | 10 % | check by province |
| Ceuta ja Melilla | check separately | IPSI, check | check separately |
Source basis
The links open official sources behind the headline figures. Practical application is always checked case by case.
Frequently asked tax questions
These answers help buyers understand why the listing price alone is not enough when comparing homes in Torrevieja or on the Costa Blanca. Final tax treatment and purchase costs are always checked property by property before reservation, offer or completion.
How much tax do I pay on a resale home on the Costa Blanca?
In Comunidad Valenciana, the general ITP on resale homes is 9% when the value does not exceed EUR 1,000,000. For resale homes above one million euros, ITP is 11%. The final taxable base, possible reduced-rate cases and the buyer profile are always checked separately before a binding decision.
What does a new-build buyer pay?
A new-build buyer usually pays 10% VAT and regional AJD. In Comunidad Valenciana, AJD is 1.4%. This matters when comparing new builds in Torrevieja with resale homes under the same total budget.
Why does the region affect tax?
In Spain, ITP and AJD are effectively regional taxes. Therefore, Costa Blanca buyers should not use Madrid, Andalusia or Balearic rates in their own calculation. For the Costa Blanca, the baseline is usually Comunidad Valenciana unless the property is in another autonomous community.
How should I use this in property search?
When you find an interesting property, first calculate the budget according to the property type: resale, new build or special case. Only then compare location, condition, community fees and rental potential. This keeps a Costa Blanca property search from becoming too optimistic on total cost.
Comparing a purchase?
When a property or development is known, calculate resale and new-build options separately so the total budget is not based on an old tax percentage.