Understanding Property Taxes for Luxury Villas in Marbella
Buying one of the best villas in Marbella means knowing all about the taxes involved. Whether you’re purchasing a brand-new villa or a resale, property tax rules can significantly affect your budget.
Taxes on New Build Villas in Marbella
When buying a new luxury villa, expect to pay:
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Value Added Tax (VAT) at 10%
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Stamp Duty (AJD) at 1.2%
Both are due at the signing of the deed. For official Spanish tax rates, visit the Spanish Tax Agency (Agencia Tributaria).
Transfer Tax for Resale Villas in Marbella
For resale properties, the Transfer Tax (ITP) applies at a rate of 7%. This is payable within 30 days after the notary signing. More information can be found at Andalucía Finance Portal.
Additional Buying Costs When Purchasing Marbella Villas
Aside from taxes, several other fees apply to buying villas in Marbella:
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Legal Fees (about 1% of the price plus VAT) for due diligence and contract review.
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Notary Fees ranging from €600 to €1,500 for legalising the sale.
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Property Registry Fees of €400 to €1,000 to record ownership.
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Mortgage Fees including setup fees (~1%) and valuation costs (€500-€4,000) if financing.
Budget around 10-12% of the property price for these additional expenses. Learn more about buying property in Spain on Idealista’s Guide.
Annual Ownership Costs for Marbella Villas
Owning a luxury villa in Marbella involves yearly payments such as:
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IBI Property Tax (€200 to €10,000), based on cadastral value.
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Waste Collection Fees (€16 to €400 annually).
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Non-Resident Income Tax at 19% (EU/EEA) or 24% (non-EU).
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Wealth Tax for net assets above €3 million, between 0.2% and 3.5% for non-residents.
Check the official tax info on the Andalusian Regional Government website.
Tax Considerations When Renting Out Your Marbella Villa
If you plan to rent your best villa in Marbella, understanding the taxation on rental income is key:
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Rental income is taxed at 19% for EU residents and 24% for non-EU residents.
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Deductible expenses include maintenance, utilities, and community fees, which can reduce your taxable income.
Professional rental management can ease these processes. Explore trusted local property managers in our Rental Services section.
Selling Your Marbella Villa: Taxes and Vendor Costs
Vendors selling luxury villas in Marbella should prepare for:
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Plusvalía Municipal Tax based on land value increase.
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Capital Gains Tax ranging from 19% to 24%.
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3% Retention Tax withheld from non-resident sellers.
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Real estate agent commissions (5-6%).
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Mortgage cancellation fees, if applicable.
For selling tips, visit our Selling Your Villa Guide.
Tax Implications When Buying Land for Villas in Marbella
Purchasing land differs from buying built villas:
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7% Transfer Tax applies if buying from private individuals.
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If purchasing from companies, VAT (21%) plus Stamp Duty (1.2%) applies, totaling 22.2%.
This can lead to significant cost differences. For more details, consult Spanish Property Law Explained.
2025 Updates on Property Taxes & Regulations in Marbella
Key changes to note in 2025:
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End of the Golden Visa program for property investors.
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Proposed 100% property tax for non-EU buyers (still under review).
Stay informed to avoid surprises by following updates on the Spanish Government website.
Financing Options for Buying Marbella Villas
Spanish banks usually finance up to 50% for non-resident buyers. Working with an expert mortgage broker familiar with Marbella’s market is recommended to secure the best terms.
Need assistance? Check out our Mortgage Broker Recommendations.
Why Invest in Marbella’s Luxury Villas?
Marbella offers a unique lifestyle with world-class amenities, beautiful beaches, and a thriving property market, making it an attractive destination for buyers and investors alike.
Discover our exclusive portfolio of the Best Villas for Sale in Marbella.
Start Your Marbella Property Journey with Confidence
Understanding taxes and costs helps you make informed decisions when buying a villa in Marbella. For expert guidance and exclusive listings of the best villas in Marbella, contact us today.
Contact Us or Explore Our Villas to begin your journey.