In short
On a €300,000 resale home in Madrid (Community of Madrid), transfer tax and land registry fees come to €18,201 (6% tax at the general rate). Homes in Madrid were appraised at €5,418/m² in Q2 2026, +9.4% over a year.
Calculate for Madrid
The questions, answered
How much transfer tax on a €300,000 resale home in Madrid?
At the general rate of Community of Madrid (6%), €300,000 bought in Madrid pays €18,000 of transfer tax (ITP) and €201 of land registry fees: €18,201 for the buyer, before notary copies and any reduced rate; the base is the higher of price and Catastro reference value.
What is a home worth per square metre in Madrid?
Approved valuers appraised open-market homes in Madrid at €5,418/m² in Q2 2026 (11,686 valuations), +9.4% over a year; the figure is €2,355/m² for Spain.
Are home prices rising in Madrid?
Yes: appraised values in Madrid changed by +9.4% over a year. For Community of Madrid as a whole the INE index moved +12.9% (Spain: 12.2%).
Reading the numbers for Madrid
By appraised value, Madrid is 4th of the 55 cities Payotte covers, from the dearest down. At €5,418/m² it sits more than twice the Spanish average of €2,355/m².
It is the only Community of Madrid city in the set, and its value is 32% above the Community of Madrid average (€4,090/m²).
The appraised value is up €466/m² from €4,953 a year earlier (+9.4%), 3.1 points slower than the national rise (+12.5%) and 3.2 points slower than Community of Madrid as a whole (+12.6%). On a 90 m² home at the average, the year's move is worth about €41,931.
Taken at the average appraised value, €300,000 buys roughly 55 m² in Madrid, against 125 m² at the Spanish average. A 90 m² home at that value would be about €488,000; the buyer's taxes and registry fees on a resale come to €29,532 (6%). Arithmetic on an average, not a valuation.
The Madrid figure rests on 11,686 valuations, a deep sample, or 3.3 valuations per 1,000 inhabitants. With 3,506,730 inhabitants it is the 1st most populated of the 55 cities covered.
On that ladder the next city up is Ibiza Town at €5,473/m² (€55 more), and the next one down is San Sebastián at €5,208/m² (€210 less). The dearest covered city, Santa Eulària des Riu, is at €6,844/m², €1,426 above Madrid; the cheapest, Cartagena, at €1,486/m², €3,933 below. It held the same 4th place a year earlier.
| Size | Price at that value | Buyer taxes, resale | Buyer taxes, new build |
|---|---|---|---|
| 50 m² | €271,000 | €16,453 (6%) | €29,326 |
| 70 m² | €379,000 | €22,963 (6%) | €40,965 |
| 90 m² | €488,000 | €29,532 (6%) | €52,712 |
| 120 m² | €650,000 | €39,291 (6%) | €70,166 |
The figures
| Measure | Value | Source |
|---|---|---|
| Transfer tax (ITP) on €300,000 | €18,000 | Decreto Legislativo 1/2010, art. 28 |
| 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 | €5,418/m² | Ministry, 11,686 valuations |
| Appraised value, Q2 2025 | €4,953/m² | Ministry |
| Community of Madrid, appraised value, Q2 2026 | €4,090/m² | Ministry (+12.6% a year) |
| Community of Madrid, INE house price index, change over a year | +12.9% | INE, Q2 2026 |
| Population, 1 January 2025 | 3,506,730 | 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: Decreto Legislativo 1/2010, texto refundido tributos cedidos de la Comunidad de Madrid; 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.