ITP (Impuesto de Transmisiones Patrimoniales)

Regional tax levied on the purchase of second-hand properties. In the Valencia region, the general rate is 9% of the registered price since 1 June 2026 (previously 10%), and 11% when the property is worth more than €1 million. Reduced rates of 3% to 8% apply to buyers under 35 purchasing their main home, large or single-parent families, people with disabilities and protected housing, subject to value and income requirements. Paid by the buyer within 30 days of signing. Not applicable to new builds (which pay VAT + AJD).