Buying-selling taxes
Natural or legal persons belonging to the Autonomous Region of Catalonia shall be subject to the following taxes, depending on whether they are buyers or vendors:
Vendor
- The Impuesto sobre el Incremento del Valor del Terreno or Plusvalía (Local Capital Gains Tax) in all cases
- The Impuesto sobre la Renta de las Personas Físicas (IRPF) (Personal Income Tax) as earnings or losses
- Impuesto sobre Sociedades (Corporation Tax) if a legal person
- Those arising from obtaining the documents that need to be provided to the purchaser
Financial body
- As of 10th November 2018, the Impuesto de Actos Jurídicos Documentados (Stamp Duty) must be paid by the bank providing the mortgage
Buyer
- The purchase price of the property
- VAT: 10% of the cost of the property if it is a new-build, or the Impuesto sobre Transmisiones Patrimoniales (Property Transfer Tax) if the property is second-hand (in Catalonia this is 10%)
- The notary’s fee in whose presence the Public Deed of Sale is executed
- Costs for inscription into the Land Register
- Costs for the mortgage deed, if any
- If a mortgage is requested, the administrative charges for the loan
- The costs for registering to be/to change the title-holder of water, electricity, gas, etc. services
- Insurance, as a minimum, against risks that arise through acts of God or force majeure, and damages to third parties
