From today, June 27, 2025 , in Catalonia the taxation of the purchase and sale of housing will radically change with the application of Decree Law 5/2025 . This new regulation introduces a progressive rate in the Property Transfer Tax (ITP) , which especially taxes the purchase of homes of more than €600,000 , affects large holders and also the purchase of entire buildings .
🧾 New ITP rates from June 27th
The fixed-rate system is abandoned and a progressive system is introduced: the higher the value of the property, the higher the effective average percentage .
| Total value of the property from (€) | Full fee (€) | Remaining value up to (€) | Applicable type |
|---|---|---|---|
| 0 | 0 | 600,000 | 10% |
| 600,000 | 60,000 | 300,000 | 11% |
| 900,000 | 93,000 | 600,000 | 12% |
| 1,500,000 | 165,000 | From now on | 13% |
Example: A property worth €1,200,000 will be taxed at an average rate close to 11.75% , while one worth €2 million may exceed 12.5% .
🧱 Other notable news
🔸 Large holders: ITP of up to 20%
Sales operations carried out by large holders may be taxed at up to 20% ITP if they meet any of these criteria:
- Have 10 or more homes for residential use in Catalonia
- Have more than 1,500 m² built for residential use
- Or 5 or more homes located in stressed areas (currently, 271 Catalan municipalities)
🔸 Purchase of entire buildings
Regardless of the buyer's profile, the purchase of an entire apartment building is also affected by a higher ITP.
🔸 End of 70% bonus for flipping
Until now, real estate companies that bought, renovated and sold a home within 3 years — a practice known as flipping — enjoyed a 70% ITP bonus.
As of March 28, 2025 , this bonus has been eliminated. This change seeks to discourage rapid speculation and stabilize the market, especially in stressed areas.
🔍 How does all this affect the market?
- Increased tax cost for buyers of high-value properties
- Direct impact on funds, promoters and operators who practiced flipping
- Possible price adjustments and changes in strategy in the purchase and sale of buildings
- Greater opportunity for end buyers or local operators
At ImmoGirona we advise you so that you can make decisions with the best information.
Whether you are a buyer, seller or investor, contact us to analyze how these tax changes affect you.