Property tax

Latest articles about Property tax
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IBI Tax Explained

Unbeknownst to most non-resident property owners, on buying property in Spain, you automatically become liable to pay IBI tax the following year. No one will give you the heads up on this tax, so it is up to you to find out how much you owe and comply with your local Tax Authorities.
Find out what taxes you have to pay when you buy a new or used home in Spain / Pixabay

Taxes on buying property in Spain

On buying a home in Spain, the first point is to determine whether you are buying new build (off-plan or sobre plano, in Spanish) or else a resale (second-hand property or reventa, in Spanish). Two different sets of taxes apply depending on which property type you acquire.
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