Changes to Spanish Property Transfer Tax - new reference value
Legendary helpful member
Hi all,
For those planning to buy in Spain, for budget purposes you need to be aware of a change in how property transfer tax (ITP) is calculated, that has come into force this year, which is likely to lead to an increase in the amount of ITP you have to pay:
https://blog.abacoadvisers.com/new-reference-value-in-spain/
Kind regards,
Kim