What is the real estate tax rate in Spain?

Taxes and fees for buying a house in Spain;

1) VAT: 10% of the house price (4% special preferential tax will be levied before 20 12 12 3 1).

2) Deed tax: 65438+ 0% of the house price.

3) Notarization fee: about 0.5% of the contract amount.

4) Property right registration fee: it usually takes 1-2 months to register the property right certificate, and a fee of 1% of the contract amount must be paid.

5) Attorney's fee: 0.5% of the house price (2017-11-06 Tiramisu girl)

There are two situations: first, the ad valorem tax rate is1.2%; Second, if rent is levied, the tax rate is 12%. However, for residents who are rented by individuals for living at market prices, the property tax can be temporarily reduced at the rate of 4%.

The formula is: ad valorem: tax payable = original value of the property *( 1- deduction ratio) * 1.2% and the tax rate is 1.2%.

From rent: tax payable = rental income * 12% The tax rate is:12% (2017-11-06 Yuqian1004).

Property purchase tax: Value-added tax (IVA) is applicable for developers or builders to purchase new houses: it is usually 7% of the house price, and 1% of the house price is subject to stamp duty; If you buy a second-hand house, the transaction tax is usually 7%. For commercial real estate and land, the applicable VAT rate is 16%. (Eat white tablets at night on 2017-1-06)