Real Estate Taxation Lawyer in Ibiza

Real Estate Tax Law in Ibiza
Comprehensive Real Estate Tax Advice
Property Purchase in Spain
- Determination of applicable tax: VAT or Transfer Tax (ITP), depending on the type of property.
- Calculation of Stamp Duty (AJD): and other regional taxes based on location.
- Associated costs: notary, land registry, administrative fees, and their deductibility.
- Transaction planning: for individuals, legal entities, or non-residents.
Taxation of Property Ownership
- Property Tax (IBI) and Income Tax (IRPF or IRNR): depending on use (primary residence or investment).
- Rental income: reporting, deductions, and tax depreciation.
- Taxation of vacation use or second homes: domestic or international.
- Optimisation through indirect ownership: holding companies or family structures.
Tax Representation and International Treaties
- Representation before the Tax Authorities: notifications, requirements, and filings.
- Application of double taxation treaties: to avoid double taxation.
- Undue or excessive withholdings: refund claims before the Spanish Tax Agency (AEAT).
- Tax adaptation for foreign residency: EU, LATAM, Asia, or the U.S.
Review of Penalties and Tax Regularisation
- Review of tax notices and penalties: response and defence before the Tax Authorities.
- Regularisation of previous tax years: avoiding unnecessary penalties.
- Payment plans or instalments: negotiation of tax debts.
- Prevention of future contingencies: tailored preventive tax advisory.
Sale, Donation, or Inheritance of Real Estate
- Personal or Non-Resident Income Tax (IRPF or IRNR) on capital gains: calculation and applicable exemptions.
- Municipal Capital Gains Tax (Plusvalía): review and filing with the local council.
- Inheritance and Gift Tax (ISD): planning based on the relevant region.
Real Estate Tax Advisory for Foreign Investors
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Preliminary tax analysis: Assessment of the most suitable tax structure based on your country of residence.
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Acquisition optimisation: Guidance on purchasing through companies or as a private individual.
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Applicable tax calculation: VAT, Transfer Tax (ITP), and Stamp Duty (AJD), depending on the transaction and region.
Frequently Asked Questions about Real Estate Taxation
When purchasing a property, you must pay VAT (if it’s new) or Transfer Tax (ITP) if it’s a resale, along with Stamp Duty (AJD) for the deed. There are also additional costs such as notary fees and land registry fees.
As a non-resident, you must pay Property Tax (IBI) and declare any rental income under Non-Resident Income Tax (IRNR). There are also taxes related to vacation use or second homes.
When selling, you must pay Personal Income Tax (IRPF) or Non-Resident Income Tax (IRNR) on capital gains, as well as the Municipal Capital Gains Tax (Plusvalía Municipal). Applicable exemptions and deductions depend on your personal situation.
Double Taxation Agreements (DTAs) help prevent paying the same tax twice. Check the agreement between your country and Spain to understand how it applies to your case.
If you have penalties, you can review them, regularize previous tax obligations, and negotiate a payment plan to avoid further issues.
Don’t wait any longer
Get in touch with our tax lawyers in Ibiza today.
Tell us about your case and we’ll assess the best strategy to win.