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Buying a property - current ITP tax rate

Buying a property - current ITP tax rate

Old Feb 13th 2013, 11:58 am
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Default Buying a property - current ITP tax rate

Does anyone know what the current tax rate is for buying a property in Barcelona? (not a new property) I've been told it had been increased recently.
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Old Feb 13th 2013, 12:57 pm
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Default Re: Buying a property - current ITP tax rate

I think it's 8%. Before last year's IVA increase it was 7%. It went down to 4% for new properties last year but this was only for a fixed period.
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Old Feb 14th 2013, 10:49 am
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Default Re: Buying a property - current ITP tax rate

Thanks, the 8% was what I'd thought it was. Someone had mentioned 10%. Yikes.

Originally Posted by Pocaloca
I think it's 8%. Before last year's IVA increase it was 7%. It went down to 4% for new properties last year but this was only for a fixed period.
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Old Feb 14th 2013, 11:15 am
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Default Re: Buying a property - current ITP tax rate

It's 10% on new builds as that is IVA. The old 8% IVA rate no longer exists as it was increased to 10%

Resale properties have ITP at 8%

Last edited by Fred James; Feb 14th 2013 at 11:28 am.
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Old Feb 14th 2013, 11:22 am
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Default Re: Buying a property - current ITP tax rate

Originally Posted by Fred James
It's 10% on new builds as that is IVA. The old 8% rate no longer exists as it was increased to 10% S/H properties have ITP at 8%
I'm not saying you're wrong Fred (in fact I suspect not) but see this post from SueG ITP - post #23
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Old Feb 14th 2013, 11:27 am
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Default Re: Buying a property - current ITP tax rate

That confirms what I said - property tax on resales is 8%.

On new houses you pay ITV and that is now 10%. I think thats what confuses people. I have edited my post to make that clearer.
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Old Feb 14th 2013, 1:33 pm
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Default Re: Buying a property - current ITP tax rate

Thanks again.
Originally Posted by Fred James
That confirms what I said - property tax on resales is 8%.

On new houses you pay ITV and that is now 10%. I think thats what confuses people. I have edited my post to make that clearer.
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