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: This does not apply to social housing developers or non-profit organisations providing housing for vulnerable groups.

• Stamp Duty Increase:
  For purchases with VAT exemption waived, stamp duty rises from 2.5% to 3.5%.

Time is running out!

These changes will officially come into force on June 27, 2025.

If you were considering buying property in Catalonia, now is the time to move forward. By acting before the deadline, you can avoid the higher taxes and potentially save thousands of euros.

We are here to help you take advantage of this window of opportunity. Contact us today to discuss your plans and secure your property under the current, more favourable tax conditions.