In short
On a €300,000 resale home in Bilbao (Basque Country), transfer tax and land registry fees come to €12,201 (4% tax at the general rate). Homes in Bilbao were appraised at €3,529/m² in Q2 2026, +8% over a year.
Calculate for Bilbao
The questions, answered
How much transfer tax on a €300,000 resale home in Bilbao?
At the general rate of the foral rules (4%), €300,000 bought in Bilbao pays €12,000 of transfer tax (ITP) and €201 of land registry fees: €12,201 for the buyer, before notary copies and any reduced rate.
What is a home worth per square metre in Bilbao?
Approved valuers appraised open-market homes in Bilbao at €3,529/m² in Q2 2026 (956 valuations), +8% over a year; the figure is €2,355/m² for Spain and €3,025/m² for the province of Bizkaia.
Are home prices rising in Bilbao?
Yes: appraised values in Bilbao changed by +8% over a year. For Basque Country as a whole the INE index moved +10% (Spain: 12.2%).
Reading the numbers for Bilbao
By appraised value, Bilbao is 15th of the 55 cities Payotte covers, from the dearest down. At €3,529/m² it sits 50% above the Spanish average of €2,355/m².
Within Basque Country it ranks 2nd of 3 covered cities, 14% above the regional average of €3,102/m². The province of Bizkaia is at €3,025/m², so the city is €505 above its province.
The appraised value is up €261/m² from €3,268 a year earlier (+8%), 4.5 points slower than the national rise (+12.5%) and 3.1 points slower than Basque Country as a whole (+11.1%). On a 90 m² home at the average, the year's move is worth about €23,526.
Taken at the average appraised value, €300,000 buys roughly 85 m² in Bilbao, against 125 m² at the Spanish average. A 90 m² home at that value would be about €318,000; the buyer's taxes and registry fees on a resale come to €12,926 (4%). Arithmetic on an average, not a valuation.
The Bilbao figure rests on 956 valuations, or 2.7 valuations per 1,000 inhabitants. With 351,124 inhabitants it is the 11th most populated of the 55 cities covered.
On that ladder the next city up is Fuengirola at €3,758/m² (€229 more), and the next one down is Estepona at €3,518/m² (€11 less). The dearest covered city, Santa Eulària des Riu, is at €6,844/m², €3,315 above Bilbao; the cheapest, Cartagena, at €1,486/m², €2,044 below. It held the same 15th place a year earlier.
| Size | Price at that value | Buyer taxes, resale | Buyer taxes, new build |
|---|---|---|---|
| 50 m² | €176,000 | €7,208 (4%) | €18,648 |
| 70 m² | €247,000 | €10,067 (4%) | €26,122 |
| 90 m² | €318,000 | €12,926 (4%) | €33,596 |
| 120 m² | €424,000 | €17,195 (4%) | €44,755 |
The figures
| Measure | Value | Source |
|---|---|---|
| Transfer tax (ITP) on €300,000 | €12,000 | Normas forales del ITPAJD de Álava (NF 11/2003), Álava/Araba: art. 43.Uno.b) (4%); art. 56.2 (AJD 0.5%); Bizkaia: art. 13.b) (4%); art. 44.1 (AJD 0.50%); Gipuzkoa: art. 11.1.b) (4%); art. 29.2 (AJD 0.5%) |
| Land registry on €300,000 | €201 | Real Decreto 1427/1989 |
| Notary's deed fee on €300,000 (seller by default) | €388 | Real Decreto 1426/1989 |
| Appraised value, Q2 2026 | €3,529/m² | Ministry, 956 valuations |
| Appraised value, Q2 2025 | €3,268/m² | Ministry |
| Province of Bizkaia, Q2 2026 | €3,025/m² | Ministry |
| Basque Country, appraised value, Q2 2026 | €3,102/m² | Ministry (+11.1% a year) |
| Basque Country, INE house price index, change over a year | +10% | INE, Q2 2026 |
| Population, 1 January 2025 | 351,124 | INE, Padrón |
Valuers' averages, not sale prices; changes computed by Payotte.
Buying from abroad
What differs for a foreign buyer: Buying as a foreigner · non-resident tax calculator · purchase costs in every region.
Closest in appraised value
Sources
- Taxes: Normas forales del ITPAJD de Álava (NF 11/2003), Bizkaia (NF 1/2011) y Gipuzkoa (NF 18/1987); calculator sources.
- Appraised values: Estadística de valor tasado de la vivienda (tables 1 and 4; Elaboración propia con datos del Ministerio; reuse under Real Decreto 1495/2011, arts. 7 and 8; published 2026-09-15).
- House price index: INE, Índice de Precios de Vivienda, Q2 2026 (Fuente: Sitio web del INE: www.ine.es; published 2026-09-07).
- Population: INE, Padrón.