Buying Property in Spain Through a Company: Can You Really Pay Only 2% Transfer Tax?

If you’re thinking of buying property in Spain, you’ve probably come across the idea of purchasing through a company to reduce transfer tax (ITP) from 7% to just 2%. On a high-value property in areas like Marbella, Mijas Costa, or Estepona, that could mean saving tens of thousands of euros.
But is it really that simple? The short answer: no — the reduced 2% ITP applies only in very specific situations, and failing to meet the requirements can lead to unexpected tax bills, interest, and penalties.

What are the buying costs?

What are the buying costs?

Buying Costs    The costs for buying property in Spain are slightly different, dependent on whether you are buying a brand-new property from a developer or a previously owned property which has been deeded. We call them Resales properties.  Here is a quick...