Property in Spain | Real estate Spanish-English glossary | Spanish property capital gain tax, Impuesto sobre el incremento del valor de los terrenos

Spanish-English Property dictionary

Impuesto sobre el incremento del valor de los terrenos- Spanish property capital gains tax 

Section for people wanting to buy, sell or rent property in Spain.

Impuesto sobre el Incremento del Valor de los Terrenos (Plusvalía). This is a local Spanish tax which is charged on the capital gains on the sale of property or land.





Under the law it is the seller who must pay this tax (except in circumstances where an agreement has been made to the contrary, something which must be recorded in the private sales contract aswell as the title deeds).

The amount calculated for this tax depends on the location within the municipality, the number of years since the property or land was purchased and the rise in value since then

The scale used by the town hall to calculate this tax is based on certain parameters fixed by law.


Extra expenses when buying property in Spain

Other useful links
Latest news on the property market in Spain Selection of news articles related to the real estate market here.
Mortgages in Spain, a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain
Spanish banks, before applying for a mortgage, find out more about Spain's most popular banks and Spanish savings banks.
Property taxes in Spain, description of taxes involved in purchasing property and yearly property taxes in Spain.
Useful Spanish vocab for buying a house - you should learn at least the basic terms. Check out our pronunciation guide too.
Renting property in Spain - if you want to buy to rent, then read this section and our free notice board of property to rent in Spain.
Spanish lawyers - information on lawyers fees in Spain for property transactions
Houses for sale in Spain - take a look at the kind of houses available. Or check out our free Spain property for sale board.
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