Property Taxes Are Rising in Catalonia: Buy Before June 27th and Save Thousands!

As you may already be aware, Catalonia has just approved a significant tax reform that will have a direct impact on property purchases. Starting June 27, 2025, new higher tax rates will come into effect — making property acquisition in Catalonia notably more expensive.If you are considering purchasing property, this is the time to act. There are only a few weeks left to secure your home or investment before these changes hit the market.What changes are coming?Property Transfer Tax (ITP) Increases:Up to €600,000: 10%€600,000 to €900,000: 11%€900,000 to €1,500,000: 12%Over €1,500,000: 13%20% Flat Tax for Large Holders:If the buyer owns five or more residential properties or more than 1,500 m² of residential space, a flat 20% tax will apply, regardless of the property’s value.Exceptions:...