Discover the taxes when selling a home in Spain. Learn about the municipal capital gains tax, IRPF and other expenses you should consider before selling your house.

Taxes when selling a home

If you are thinking of selling your property, it is important to know the taxes you must pay. Many owners do not take them into account and can be surprised during the sales process.

In areas like Dénia, these taxes are the same as in the rest of the country, although the municipal capital gains tax depends on the town hall.

Municipal capital gains tax

The municipal capital gains tax is a tax charged by the town hall for the increase in the land value from when you bought the home until you sell it.

The amount depends on:

• Years you have owned the property

• Cadastral value of the land

• Municipality

IRPF on capital gains

If you sell your home for a higher price than you bought it, you will have to declare the gain on your income tax return.

The brackets are usually:

• 19 %

• 21 %

• 23 %

Depending on the profit obtained.

Other expenses to consider

In addition to taxes, there may also be other costs such as:

• Energy certificate

• Mortgage cancellation

• Real estate agency fees

Advice for homeowners

Before putting your home on the market, it is advisable to calculate these taxes to know the real profit of the transaction.

At Daniamed we help owners sell their homes with all the information clear and without surprises.