Calculator
Property purchase tax estimator
The property-side surprises: transfer tax, VAT on new builds, annual property tax. UK buyers consistently underestimate these.
£350,000
ITP (8% average)
£28,000
Notary & legal (est)
£4,200
Total one-off
£32,200
Annual property tax (est)
£1,750
Assumptions
- Spanish ITP varies by region (6% Madrid, 10% Cataluña, 8% Andalucía typical)
- Portugal IMT brackets are progressive, capped above ~€1m
- Annual figures approximate and depend on cadastral value