Yearly Property Taxes In Spain 2025 Spanish. Purchasing a property in spain involves the payment of different taxes, ranging between 8% and 11.5%, whether the property is newly built, generally sold by banks or construction companies,. Real estate accounts for 12% of.

While living in a property in spain, you may need to account for various municipal taxes, including the impuesto sobre bienes inmuebles (ibi), which is set by the local town hall. Property tax, also known as “impuesto sobre bienes inmuebles” (ibi), is a yearly tax imposed on property ownership in spain.