No. Property Transfer Tax (ITP) only applies to resale properties. For new-build properties in Spain, buyers instead pay 10% VAT (IVA) plus Stamp Duty (AJD), which is usually 0.5%–1.5% depending on the region.
No. Property Transfer Tax (ITP) only applies to resale properties. For new-build properties in Spain, buyers instead pay 10% VAT (IVA) plus Stamp Duty (AJD), which is usually 0.5%–1.5% depending on the region.