ITP tax reduction applies when purchasing a second-hand property on the Costa Blanca

Buying a resale property on the Costa Blanca has become more attractive thanks to the tax changes approved by the Valencian Community.

Resale properties

From June 1, 2026, the Property Transfer Tax (ITP) for resale homes will decrease from 10% to 9%, which represents a direct saving on the total cost of your purchase.

This measure particularly benefits buyers of resale homes in popular areas such as Orihuela Costa, Benijófar, Torrevieja, Alicante, Rojales, Ciudad Quesada…

The new 9% rate applies to properties up to €1,000,000, while higher-value homes will continue to be taxed at 11%.

Example

Below is an example of the Property Transfer Tax (ITP) payable when purchasing a resale property valued at €300,000:

• Purchase deed signed before a notary up to May 31, 2026:
  •  ITP: 10% on €300,000 . . .  . . €30,000

• Purchase deed signed before a notary from June 1, 2026:
  • ITP: 9% on €300,000 . . . . . . €27,000

With this new reduction you will save €3,000, which you can use for improvements or furniture.

New build properties

Newly built properties are not affected by this reduction: they continue to pay 10% VAT. They must also pay Stamp Duty (AJD), where a small reduction will apply.

• AJD until May 31, 2026: 1.5%
• AJD from June 1, 2026:   1.4%

Tax reductions for certain groups

The Valencian Community also offers tax reductions when purchasing a property for certain groups, which could reduce the rate even further below 9% if you meet the requirements:

• Buyers under 35 years old
• Large families
• People with disabilities

If you are interested in buying a house on the Costa Blanca and believe you may benefit from some of these tax opportunities, do not hesitate to contact us. We will provide detailed information based on your personal situation.

If you are thinking about buying a resale property on the Costa Blanca, discover the variety and quality we offer at VINCENT REAL ESTATE

Buying a resale property on the Costa Blanca opens the door to a wide range of established homes, ready to enjoy without waiting for a new build to be completed. At Vincent Real Estate we offer high-quality resale properties in prime locations, from seafront apartments in Torrevieja to detached villas near golf courses in Orihuela Costa.

These homes stand out for their excellent value for money, with extras already included such as mature gardens, recent renovations and luxury finishes at more competitive prices than new builds. Many also feature sea or mountain views and proximity to essential services.

Buying resale homes means saving time and money, now also benefiting from the ITP tax reduction.

Trust Vincent Real Estate to buy a resale property on the Costa Blanca

If you would like to buy a resale property on the Costa Blanca, Vincent Real Estate has offices in Benijófar and Orihuela Costa, where we assist international clients looking for their ideal home by the sea, with guaranteed sunshine and leisure opportunities nearby.

Our team offers comprehensive advice in your language, from property selection to managing taxes such as the new reduced ITP, NIE procedures, mortgages and relocation. We are known for our complete transparency and deep knowledge of the resale market, ensuring the best investment in an area with high demand and constant appreciation.

Contact us to buy a resale property on the Costa Blanca:

• Email: info@vincent-realestate.com
• Benijófar Office: Avda. Federico García Lorca, 37 - Benijófar 03178 (Alicante) Spain. UK Phone: +44 208 0998997 | ES Phone: +34 966 712 440
• Orihuela Costa Office: Calle Niágara – Edif. Miraflores III – Local 6-7 – Playa Flamenca 03189 Orihuela Costa (Alicante) Spain. ES Phone: (0034) 965 326 606 | UK Phone: +44 (0) 203 0048990