Good news for buyers: the Valencia region cut its transfer tax (ITP) from 10% to 9% in June 2026. Even so, buying carries costs worth calculating before you offer. Here are all the 2026 numbers, for resale and new-build.

Resale homes: the ITP

The transfer tax is the main cost: a general rate of 9% on the higher of the price and the cadastral reference value. Reduced rates: 8% for under-35s buying a first main home (within price limits) and 4% for large families, buyers with disabilities and other protected cases. Paid by self-assessment within 30 working days of signing.

New-builds: VAT + stamp duty

On a first transmission you pay 10% VAT plus stamp duty (AJD), around 1.5% in the Valencia region. Browse our selection of new-build homes on the Costa Blanca.

The other costs

Notary and Land Registry: set by tariff, usually a few hundred euros each.
Agency/lawyer: optional but recommended; with notary and registry, budget 1-2% overall.
Mortgage: since the 2019 law, the bank pays the loan's notary, registry, agency and stamp duty; the buyer only pays the valuation (roughly 300-600 €).

Rule of thumb

For a 200,000 € resale home in Alicante: about 18,000 € of ITP (9%) plus 2,000-4,000 € of fees — so allow an extra 10-12% on top of the price. Foreign buyer? See our dedicated step-by-step guide.

Indicative 2026 figures; reduced rates carry specific requirements. Not tax advice.

Frequently asked questions

How much should I add on top of the price when buying in the Valencia region?

Budget an extra 10-13%. On resale homes the main item is the transfer tax (general rate 9% since June 2026); on new-builds, 10% VAT plus stamp duty. Add notary, registry and agency fees (1-2%) and the valuation if you take a mortgage.

What reduced rates exist?

8% for under-35s buying their first main home within price limits, and 4% for large families, buyers with disabilities and other protected cases. Requirements must be checked case by case.

Who pays the transfer tax and when?

Always the buyer, by self-assessment within 30 working days of signing the deed.

What is the cadastral reference value?

The value the tax office assigns to each property. It acts as the minimum tax base: you pay on the higher of the price and that reference value. Worth checking before you make an offer.

Who pays the mortgage costs, bank or buyer?

Since 2019 the bank pays the notary, registry, agency and stamp duty on the loan. The buyer pays the valuation and their copy of the deed.