SUMA (IBI)
Hello All,
My wife and I will finalise buying a property in Cabo Roig in early December 2021 for 120,000 Euros.
How much will the SUMA/IBI be and when will it need paying?
Thanks in advance
Nck
Hello All,
My wife and I will finalise buying a property in Cabo Roig in early December 2021 for 120,000 Euros.
How much will the SUMA/IBI be and when will it need paying?
Thanks in advance
Nck
Posted: Fri Nov 19, 2021 11:37pm
Very helpful member
When all is finalised, a Suma receipt should be attached to/with your copy of property deeds to show payment was made by the previous owner/s for 2021, around August to November 2022 you will be responsible for making this Suma payment, this payment re direct debit from a bank should/may have been set up by your solicitor handling your property purchase, nearer to the time check with your bank that a direct debit has been set up, if not go to your local Suma office and ask for a direct debit payment slip and take it to your bank. There may be one additional payment for rubbish collection earlier in the year, so ask your solicitor if this direct debit has also been set up. Hopefully your solicitor has set up other direct debits re electric, water and community fees, if appointed to do so. As said check with your bank what direct debits have been set up for you.
Posted: Sat Nov 20, 2021 7:20am
Helpful member
Peter3473 wrote on Fri Nov 19, 2021 11:37pm:
When all is finalised, a Suma receipt should be attached to/with your copy of property deeds to show payment was made by the previous owner/s for 2021, around August to November 2022 you will be responsible for making this Suma payment, this payment re direct debit from a bank should/may have bee...
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...n set up by your solicitor handling your property purchase, nearer to the time check with your bank that a direct debit has been set up, if not go to your local Suma office and ask for a direct debit payment slip and take it to your bank. There may be one additional payment for rubbish collection earlier in the year, so ask your solicitor if this direct debit has also been set up. Hopefully your solicitor has set up other direct debits re electric, water and community fees, if appointed to do so. As said check with your bank what direct debits have been set up for you.
Hi Nick.
Building on Peter's good advice, consider setting up a presence on the SUMA portal - you will be able to see all of your tax related bills there...car etc. We print them off and then pay at the ATMs (very good here with the bar code scanners) and set up a DD for the following year(s).
Welcome to Spain ;-)
Best regards,
D&J
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Posted: Sat Nov 20, 2021 9:50am
Super helpful member
Hi Nick
We have a 2 bed bungalow, our IBI is about 150 euros per year. Normally paid in July.
Cheers
Steve
Posted: Sat Nov 20, 2021 12:33pm
Super helpful member
SUMA is based on plot size, not house value.
Our plot is 1070 square metres. SUMA is around 820 Eros/year
Posted: Sat Nov 20, 2021 3:22pm
Helpful member
Kelvin1960 wrote on Sat Nov 20, 2021 12:33pm:
SUMA is based on plot size, not house value.
Our plot is 1070 square metres. SUMA is around 820 Eros/year
Wow Kelvin, that seems to be quite a bit, guess the area / district comes into play. We pay about the same for 18,210 square metres / 4.5 acres inland.