ITP and AJD on Spanish property purchases 2026: complete guide by region
Practical guide to Transfer Tax (ITP) and Stamp Duty (AJD) on Spanish property purchases in 2026. Rates by region, second-hand vs new builds, reduced rates and who pays mortgage AJD.
# ITP and AJD on Spanish Property Purchases 2026
The question every buyer asks
"How much will I pay in taxes when buying a property?" This is one of the most common questions in real estate law practices. The answer depends on two key factors: whether the property is second-hand or new, and which autonomous community it is located in.
ITP vs VAT: the essential distinction
In Spain, property purchases are taxed by one of these two, never both:
- ITP (Transfer Tax): second-hand properties, when the seller is a private individual or acts outside their business capacity
- VAT (10% general, 4% VPO social housing): first transfer by a developer or business entity
ITP 2026 rates by autonomous community
| Region | General rate | Reduced rate |
|---|---|---|
| Madrid | 6% | , |
| Navarra | 6% | , |
| Basque Country | 7% (4% Bizkaia) | , |
| La Rioja | 7% | 5% for under-36s |
| Andalucía | 7% | 3.5% for young buyers |
| Aragon | 8% | 5% large families |
| Asturias | 8% | 3% young buyers |
| Balearic Islands | 8% | 4% under 36, ≤€200k |
| Castile-La Mancha | 9% | 6% VPO/large families |
| Catalonia | 10% | 5% VPO/under 32 |
| Valencia | 10% | 8% young buyers |
| Galicia | 10% | 3% under 36 |
| Cantabria | 10% | 5% young/large families |
Who pays mortgage AJD since 2019?
Law 5/2019 (LCCI) established that the bank pays AJD on mortgage deeds, not the buyer. Before this law, buyers paid 0.5-1.5% of the mortgage capital in AJD, generating massive litigation resolved by the Supreme Court in November 2018.
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