What are the property taxes for new properties in Spain?

Question

Accepted Answer

When buying a new-build property in Spain, two taxes apply: VAT (IVA) at 10% of the purchase price and stamp duty (AJD) ranging from 0.5% to 2%. Stamp duty varies by region, e.g., 1.5% in Madrid.

Learn more about the taxes involved in purchasing a resale in Spain.

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