ITP vs IVA — which tax do I pay buying property in Spain?

You pay ITP (transfer tax) on a RESALE home — in Catalonia progressive 10–13% — while IVA (10%) plus AJD (1.5%) apply instead when you buy a NEW-BUILD from the developer; you never pay both.

 ITP (resale)IVA + AJD (new-build)
Applies toSecond-hand homesBrand-new, bought from the developer
Rate (Catalonia)Progressive 10% / 11% / 12% / 13%10% IVA + 1.5% AJD = 11.5%
Paid toGeneralitat (ATC)IVA → AEAT · AJD → Generalitat
On a €400,000 home≈ €40,000 (10% base)≈ €46,000
Recoverable by a private buyerNoNo

Because IVA + AJD (11.5%) sits above the 10% ITP base, a new build usually carries a slightly higher tax bill than an equivalent resale at the same price.

Either way, notary and Land Registry fees apply on top — budget roughly 10–13% over the price in total.

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Related

Sources: Agència Tributària de Catalunya — ITP/AJD; Agencia Tributaria (AEAT) — IVA.

General information for people buying property in Spain — not legal, tax or financial advice.

Last reviewed June 2026.