ITP - Impuesto sobre Transmisiones Patrimoniales (resale property transfer tax)
Online verifiedITP — Impuesto de Transmisiones Patrimoniales
Who needs it
Buyers of a second-hand (resale) property in Spain. ITP does not apply to new-build sales from a developer; those are taxed via IVA + AJD instead.
When needed
Commonly filed within around 30 days of the escritura signing. The exact deadline and rate vary by autonomous community; verify with a gestor or asesor fiscal.
Where to get it
The tax authority of the autonomous community where the property is located (in Valencia: Agència Tributà ria Valenciana). The gestor or asesor fiscal usually files it on the buyer's behalf.
Timeline
Commonly within around 30 days of signing; verify the exact deadline for the autonomous community with the gestor.
Faster with Key4SpainCita previa
Not always; often filed online via the regional tax portal.
What to bring
- •Escritura pública de compraventa
- •NIE / NIF of the buyer
- •Regional ITP form (model number varies by autonomous community)
- •Proof of the purchase price and any reductions claimed
Common mistakes
- âš Treating ITP and IVA + AJD as interchangeable; they apply to different transaction types.
- âš Missing the regional filing deadline; late filing typically triggers automatic penalties.
- âš Filing under the wrong regional form for the autonomous community.
- âš Assuming the same rate applies in every region; ITP rates and reductions vary
What to say at the counter
I need to pay the ITP for the purchase of a resale property. (Necesito liquidar el ITP por la compra de un inmueble de segunda mano.)
Handling this via Key4Spain ensures 0% margin for error.