ITP – Briton (under 35 yrs) Resident and Working in Spain

Spanish Property Insight Forums Spanish Property Forums Property Questions & Answers ITP – Briton (under 35 yrs) Resident and Working in Spain

This topic contains 1 reply, has 2 voices, and was last updated by  SurveySpain 2 months, 4 weeks ago.

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  • #224075

    KingstonWelrow
    Participant

    Good afternoon.
    Please can you advise me?
    I’m a Briton working in Spain and with Residency.
    I’m looking to purchase a used property in Málaga province – I understand that if I were Spanish, this would mean the ITP on the purchase dropping from 8% to 3.5% of the purchase value. Being a working resident without Spanish Citizenship, is this applicable in my case?
    Thank you very much.

  • #224132

    SurveySpain
    Participant

    Check with a responsible lawyer about the tax. Also, make sure that you get a survey of the property before you buy. The cost of that can be repaid many times over by giving you a list of defects to discuss with the saeller and negotiate a reduction in the price.

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