The cost of selling property in Barcelona-
as an individual

You are required to pay capital gains tax if there is a profit on the sale of the property:

  • Capital gains tax is the main cost of selling property in Barcelona. This amount is based on the difference between in the transfer value (what the buyer paid for the apartment and what the seller previously paid for the same property).
  • The tax rate depends on the amount of profit made from the sale. The rates are described below:
Up to € 6,00021%
From € 6,000 to € 24,00025%
Over € 24,00027%

Non-residents are also liable for a withholding of 3% tax of  of the sale price.

The cost of selling property in Barcelona-
as a company

 

If the seller of a property acts as a company or as a legally registered business person, the company is required to pay capital gains taxes on the profit.

  • The profit is the difference between the transfer value (what the buyer has paid for the apartment) and the net book value (the seller paid for the property)
  • Companies and legally registered business people are taxed at a company’s tax rate: 25-30%

For more detailed information about taxes, Casamona recommends speaking with a lawyer specialised in taxation in Spain.

 

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