Property Tax & Cost Estimate · Altea, Costa Blanca
The agreed sale price of the property. All taxes and costs below are calculated from this figure.
A name or address to identify the property. Only used as a label on the PDF — it does not affect any calculation.
Resale (second-hand) pays ITP transfer tax: 9% up to 1.000.000 €, 11% above. New build (first sale from developer) pays 10% IVA + 1.5% AJD stamp duty instead. This choice changes which purchase tax applies.
Comunidad Valenciana ITP (resale): 9% up to 1.000.000 €, 11% above.
ℹ️New build: 10% IVA + 1.5% AJD = 11.5% applies instead of ITP.
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Tick if the buyer is not tax-resident in Spain. Non-residents need a NIE number and may need to appoint a fiscal representative. It does not change the purchase taxes, but adds a reminder note.
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Tick if the purchase is financed with a new mortgage. Adds an estimated valuation (tasación) fee of around 400 €. Since 2019 the bank pays the AJD stamp duty on the mortgage deed, not the buyer.
Fee for the administrative agency (gestoría) that handles the paperwork, tax filing and registration after the notary. Typically 300–500 €.
Fiscal resident in Spain: capital gains taxed on a progressive scale (19%–28%). Non fiscal resident: gains taxed at a flat 24%, and the buyer withholds 3% of the sale price at the notary (Modelo 211) as an advance payment.
What the seller originally paid for the property. Used to work out the capital gain (sale price minus purchase price and costs).
The year the property was purchased. Used to calculate the plusvalía coefficient and to flag short-term (under 1 year) or pre-1995 ownership.
The agency's fee as a percentage of the sale price. 21% IVA (VAT) is added on top automatically.
21% IVA is added automatically.
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Sellers aged 65 or over are exempt from capital gains tax when selling their main residence (vivienda habitual). Tick this to remove CGT from the estimate.
Taxes and fees the seller paid when they originally bought (ITP/IVA, notary, registry, etc.). Added to the purchase price to reduce the taxable gain.
Cost of major improvements or renovations with invoices. These increase the acquisition value and lower the taxable capital gain. Ordinary repairs don't count.
The land (suelo) portion of the cadastral value, shown on the IBI receipt. Plusvalía municipal is calculated on this land value, not the building.
The municipal tax rate applied for plusvalía. It varies by town hall (typically around 30%). Check the local rate for the property's municipality.
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If the property sold for less than it was bought, no plusvalía municipal is due. Tick to exempt it from the estimate.
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Tick if there is an outstanding mortgage on the property that must be cancelled at the sale. Opens fields for the balance and cancellation cost.
The amount still owed on the mortgage. Optionally deducted from the seller's net proceeds below.
The bank's early-cancellation fee as a percentage of the outstanding balance. Notary, registry and gestoría costs (~900 €) are added on top.
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If ticked, the outstanding mortgage balance is subtracted from the seller's net proceeds to show cash in hand after repaying the loan.
Sale price
600.000 €
🔑 Buyer Costs
Total for buyer—
🏷️ Seller Costs
Total for seller—
Net proceeds to seller
—
Sale price minus all seller costs
⚠️ Estimates only. Indicative figures based on Comunidad Valenciana rules. Rates change — always confirm final numbers with a qualified gestor / asesor fiscal.
