These are the three taxes when selling a house

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In addition to the basic purchase expenses, you should keep in mind that there are a series of taxes when selling a house . Keep reading and discover what they are and how to save as much as possible on the sale of your property.

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What taxes are paid when selling a house?
At the time of selling your home , in addition to the Value Added Tax (VAT), the Tax on Documented Legal Acts (AJD, for new apartments) or the Property Transfer Tax (ITP, for used apartments), the notary fees , registration, appraisal and mortgage, you will also have to face other taxes such as the Personal Income Tax (IRPF) , the Municipal Capital Gains (IIVTNU) and the Property and Real Estate Tax (IBI) .

IIVTNU or Municipal Capital Gains
The Tax on the Increase in Value of Urban Land is collected by the local administration Chinese Overseas America Number Data and taxes the increase in the value of the land.

Therefore, each municipality has different tax rates and value increase coefficients , so that the total to be paid in taxes to sell a home will vary depending on the town or Autonomous Community in which the property is located.


Tip Housfy.  There are up to four mechanisms to reduce the Municipal Capital Gains when selling your home. Find out about them here and save the maximum!

IRPF or Personal Income Tax
One of the main taxes when selling a house is personal income tax , which comes from the profits obtained from the sale of the home, and which must be included in the Income Tax Return.

This rate is for people residing in Spain, and otherwise, Non-Resident Income Tax will be paid.



How to calculate personal income tax?
To calculate the personal income tax for home sales , the difference between the initial price for which you bought the property and its final sale price is taken into account.

Purchase and sale expenses : You will have to calculate municipal capital gains taxes and real estate fees.
The purchase of the house : You will be able to add all the expenses of the sale, from the mortgage expenses, the notary, VAT, IAJD, to the Property Transfer Tax. Additionally, you must include the costs of renovations or repairs that you had when purchasing your home.