Changes in the Property Transfer Tax in Valencia for 2026 and Other ITP Reforms
The Valencian Community has led one of the most significant shifts in the landscape of the Property Transfer Tax (ITP) for 2026 in Spain. Starting from June 1, 2026, the general ITP rate on property transfers was reduced from 10% to 9%, while the Stamp Duty Tax (AJD) on notarial deeds decreased from 1.5% to 1.4%. This reform, published in the Official Gazette of the Generalitat Valenciana, has been confirmed by various professional sources operating along the Costa Blanca corridor.
To put this into perspective, for a second-hand home valued at €300,000 in the province of Alicante, the ITP savings with the new rate amount to €3,000 (€27,000 at 9% versus €30,000 at the previous 10%). Although the savings on AJD are smaller in absolute terms, they become significant in high-value transactions or portfolios with multiple properties. These changes will especially benefit buyers interested in popular residential areas of the region, such as Jávea, Moraira, Benitachell or Benissa, where the real estate market continues to be attractive to both national and international investors.
It is important to note that other autonomous communities are reviewing their own tax rates, and regions such as Andalusia and the Canary Islands are expected to publish ITP updates before the end of the year. However, up to the publication date of this guide, no confirmed changes have been implemented in these communities. Therefore, it is essential for buyers to verify the current rate in the corresponding autonomous community through the regional tax office or by consulting with a specialized tax advisor before finalizing any purchase.
How to Consult Regional Official Gazettes and Tax Legislation
Each autonomous community publishes its tax regulations in its own official gazette. Buyers and their advisors should consult the relevant regional gazette — such as the DOGV for Valencia, BOJA for Andalusia, or the DOGC for Catalonia — in addition to the national official gazette (BOE). Likewise, the Tax Agency’s website maintains an updated summary of the ITP rates by region, facilitating consultation for those interested.
These tax regulation changes are of particular interest to those looking to acquire properties in the Valencian Community, whether for residence, investment, or a second home. For example, the luxury villa market in Jávea luxury villas remains a sought-after option due to its natural surroundings and quality of life, now complemented with more favorable tax conditions for buyers.
As a recommendation, those considering purchasing on the Costa Blanca, including residential properties in Moraira or plots and country estates in Benitachell, should take advantage of these reforms to optimize their investment and reduce the associated tax burden.
Finally, maintaining continuous monitoring of legal updates is vital to properly plan real estate investments, as taxes can represent a significant portion of the total acquisition cost. We recommend consulting official sources and expert advisors to ensure compliance and take advantage of the current tax benefits.