Taxes on a new home, by region

In short

VAT (IGIC in the Canary Islands, IPSI in Ceuta and Melilla) and the stamp duty on the deed (AJD) of each region, with the total on a €300,000 new home.

Region by region

Andalusia

In Andalusia, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.2%: €33,801 with land registry fees on €300,000.

Aragon

In Aragon, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Asturias

In Asturias, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.2%: €33,801 with land registry fees on €300,000.

Balearic Islands

In the Balearic Islands, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5% up to €1,000,000, 2% above €1,000,000, one rate on the whole value: €34,701 with land registry fees on €300,000.

Basque Country

In the Basque Country, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 0.5%: €31,701 with land registry fees on €300,000.

Canary Islands

In the Canary Islands, a new home bought from the developer pays IGIC at 7% and stamp duty on the deed (AJD) of 1%: €24,201 with land registry fees on €300,000.

Cantabria

In Cantabria, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Castile and León

In Castile and León, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Castilla-La Mancha

In Castilla-La Mancha, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Catalonia

In Catalonia, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Ceuta

In Ceuta, a new home pays IPSI, whose rate could not be read at an official source, plus stamp duty (AJD) of 0.25%: €750 on €300,000.

Community of Madrid

In the Community of Madrid, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 0.4% up to €120,000, 0.5% up to €180,000, 0.75% above €180,000, one rate on the whole value, smoothed at each threshold: €32,451 with land registry fees on €300,000.

Extremadura

In Extremadura, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Galicia

In Galicia, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

La Rioja

In La Rioja, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1%: €33,201 with land registry fees on €300,000.

Melilla

In Melilla, a new home bought from the developer pays IPSI at 4% and stamp duty on the deed (AJD) of 0.25%: €12,951 with land registry fees on €300,000.

Navarre

In Navarre, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 0.5%: €31,701 with land registry fees on €300,000.

Region of Murcia

In the Region of Murcia, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.5%: €34,701 with land registry fees on €300,000.

Valencian Community

In the Valencian Community, a new home bought from the developer pays VAT at 10% and stamp duty on the deed (AJD) of 1.4%: €34,401 with land registry fees on €300,000.

The table

“—” means the source read does not state it. Download the data: new-home-taxes.json (CC BY 4.0, cite Payotte with a link).