Region of Valencia Reduces Property Purchase Taxes from June 2026: What Buyers Need to Know
The Valencian Community has approved a reduction in key property purchase taxes, making real estate investment more attractive from June 2026.
Under the new measures, the general Property Transfer Tax (ITP) will decrease from 10% to 9%, while the Stamp Duty (AJD) will be reduced from 1.5% to 1.4%. These changes apply to transactions completed from 1 June 2026 onwards.
What This Means for Buyers
The reduction mainly benefits buyers of resale properties, where ITP is the primary tax applied. For new-build properties, where VAT is paid, the reduction in AJD also lowers the overall acquisition cost.
Example of Savings
For a resale property priced at €200,000, the tax payable under the previous 10% ITP rate would be €20,000. With the new 9% rate, the tax is reduced to €18,000, resulting in a saving of €2,000.
Although the reduction may seem moderate, it represents a meaningful saving, especially for higher-value transactions.
Conclusion
With lower taxes and strong market fundamentals, the Valencian Community continues to strengthen its appeal for property buyers and investors. Timing a purchase after June 2026 could provide additional financial advantages.
For personalized advice and the best property opportunities in Costa Blanca, contact Capital Union Investment.