Spain Property ROI Calculator

ITP (Impuesto sobre Transmisiones Patrimoniales) in Spain is a flat rate of 7.0% of the purchase price. Transfer tax on resale property purchases. Rates vary by autonomous community from 6% to 13%. Select your region for accurate rates. New-build properties pay IVA (10%) + AJD instead — not modelled here.

When purchasing property in Spain, typical closing costs include: Notary Fee (Notaría), Land Registry (Registro de la Propiedad), Gestoría (Tax Agent / Admin), Lawyer Fee (Abogado), Property Valuation (Tasación). These are paid by the buyer at or before completion, in addition to the purchase price and ITP (Impuesto sobre Transmisiones Patrimoniales).

Ongoing costs for property owners in Spain typically include: IBI (Annual Property Tax), Waste Collection (Basura), Home Insurance (Seguro del Hogar), Maintenance & Repairs. These are annual costs that should be factored into your rental yield and cash flow calculations.

Capital Gains Tax (Impuesto sobre la Renta) applies when you sell a property for more than you paid. Capital gains from property sales are taxed as savings income (rentas del ahorro) at progressive rates from 19% to 30%. If the property was your primary residence, the gain is fully exempt if you reinvest in another primary residence within 2 years. Non-residents (IRNR) pay 19% if tax-resident in the EU/EEA, Iceland, Norway, or Liechtenstein (subject to information-exchange rules), and 24% otherwise. Companies pay 25% corporate tax on the full gain. Your primary residence is exempt from capital gains tax.