Authored by the expert who managed and guided the team behind the Spain Property Pack
Yes, the analysis of Valencia's property market is included in our pack
Buying property in Valencia as a foreigner means navigating Spanish taxes, notary fees, and regional rules that can add 11% to 15% on top of your purchase price.
We constantly update this blog post to reflect the latest rates, regulations, and market conditions in Valencia.
Below, we break down every cost you can expect, from mandatory taxes to hidden surprises, so you can budget with confidence.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Valencia.
Overall, how much extra should I budget on top of the purchase price in Valencia in 2026?
How much are total buyer closing costs in Valencia in 2026?
As of early 2026, total buyer closing costs in Valencia typically range from 11% to 15% of the purchase price, which means on a €300,000 property you should budget roughly €33,000 to €45,000 (or about $35,000 to $48,000 USD) in extra expenses.
The minimum extra budget for closing costs in Valencia, when keeping expenses to the bare legal minimum without optional professional help, sits around 10.8% to 11.8% for resale properties (roughly €32,400 to €35,400 or $34,500 to $37,700 USD on a €300,000 home) since you still must pay transfer tax, notary, and land registry fees.
The maximum extra budget buyers should realistically plan for in Valencia reaches about 14% to 15% for new-build purchases (around €42,000 to €45,000 or $44,700 to $47,900 USD on that same €300,000 property) when you add in lawyer fees, sworn translations, and administrative help.
The main factors that push your Valencia closing costs toward the low or high end include whether you buy a resale (ITP tax at 10%) versus a new-build (VAT plus stamp duty totaling about 11.5%), whether you hire an independent conveyancing lawyer, and whether you need sworn translations for documents.
What's the usual total % of fees and taxes over the purchase price in Valencia?
The usual total percentage of fees and taxes over the purchase price in Valencia sits between 12% and 13% for most resale transactions, while new-build purchases typically land between 13% and 14% of the property price.
The realistic low-to-high percentage range that covers most standard property transactions in Valencia runs from about 11% on the very lean end (resale with minimal professional help) up to 15% on the higher end (new-build with full legal and translation support).
Of that total percentage in Valencia, government taxes make up the lion's share at roughly 10% to 11.5% (either ITP transfer tax or VAT plus stamp duty), while professional service fees like notary, registry, and lawyers account for the remaining 1% to 3.5%.
By the way, you will find much more detailed data in our property pack covering the real estate market in Valencia.
What costs are always mandatory when buying in Valencia in 2026?
As of early 2026, the mandatory costs when buying property in Valencia include the purchase tax (either ITP transfer tax for resale or VAT plus stamp duty for new-build), the notary fee for signing the deed, and the land registry fee for recording your ownership.
The optional but highly recommended costs for foreign buyers in Valencia include hiring an independent conveyancing lawyer (especially important for due diligence in older neighborhoods like El Carmen or Ciutat Vella), paying for sworn translations of contracts, and getting a technical inspection for properties in humid coastal areas like Cabanyal-Canyamelar.
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What taxes do I pay when buying a property in Valencia in 2026?
What is the property transfer tax rate in Valencia in 2026?
As of early 2026, the property transfer tax (called ITP) in Valencia is 10% on the first €1,000,000 of the purchase price, and 11% on any amount above that threshold.
There are no extra transfer taxes specifically for foreigners buying property in Valencia, meaning you pay the same ITP rate as Spanish residents, though you will face additional process requirements like obtaining an NIE (foreigner identification number) and potentially needing document translations.
Buyers in Valencia pay VAT instead of ITP when purchasing a new-build property directly from a developer, with the reduced VAT rate for residential housing typically set at 10% of the purchase price.
Stamp duty (called AJD) in Valencia applies mainly when you buy a new-build property or take out a mortgage, with the regional rate set at 1.5% of the deed value for new-build purchases, though the lender pays the stamp duty on mortgage deeds rather than the buyer.
Are there tax exemptions or reduced rates for first-time buyers in Valencia?
The Comunitat Valenciana offers reduced ITP rates for certain buyer profiles including young buyers under a specific age, people with disabilities, large families, and purchasers of officially protected housing, though eligibility requirements are strict and frequently updated.
Buying property through a company in Valencia changes the tax analysis and can affect whether you pay VAT or ITP, but it does not automatically mean lower purchase taxes and adds corporate accounting, filing, and compliance costs that may outweigh any potential benefits for a simple residential purchase.
The tax difference between buying a new-build versus a resale property in Valencia is significant: new-builds trigger VAT (typically 10%) plus stamp duty (1.5%), totaling about 11.5%, while resale properties trigger only ITP (10%), making resales slightly cheaper from a pure tax perspective.
To qualify for reduced tax rates in Valencia, buyers typically must provide documentation proving their eligibility status (such as age verification, disability certificates, or large family cards) at the time of the deed signing, so foreign buyers should budget using the standard rates and treat any reduction as a bonus once their lawyer confirms they qualify.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Spain versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which professional fees will I pay as a buyer in Valencia in 2026?
How much does a notary or conveyancing lawyer cost in Valencia in 2026?
As of early 2026, notary fees in Valencia for a standard residential property purchase typically range from €600 to €1,200 (about $640 to $1,280 USD), while an independent conveyancing lawyer commonly charges between €1,000 and €2,500 plus VAT (roughly $1,065 to $2,660 USD) depending on the complexity of your transaction.
Notary fees in Valencia are regulated by an official government tariff rather than being freely negotiable, meaning the final bill depends on the deed length, number of copies, and complexity rather than the notary's personal pricing decisions.
Translation and interpreter services for foreign buyers in Valencia typically cost between €150 and €400 (about $160 to $425 USD) for an interpreter on signing day, plus roughly €30 to €60 per page (around $32 to $64 USD) for sworn translations of key documents like contracts and ID papers.
A tax advisor in Valencia is worth considering if you plan to rent out the property or sell later as a non-resident, with costs typically running €200 to €600 ($215 to $640 USD) for a one-off consultation or €300 to €1,200 per year ($320 to $1,280 USD) if they handle your ongoing non-resident tax filings.
We have a whole part dedicated to these topics in our our real estate pack about Valencia.
What's the typical real estate agent fee in Valencia in 2026?
As of early 2026, the typical real estate agent commission in Valencia ranges from 3% to 6% of the sale price plus VAT, which on a €300,000 property would translate to roughly €9,000 to €18,000 (about $9,600 to $19,200 USD) plus tax.
In Valencia and across Spain, the seller most commonly pays the listing agent's commission, though some agencies offer buyer-side "personal shopper" services or charge buyers a fixed fee for property sourcing and negotiation support.
The realistic low-to-high range for agent fees in Valencia spans from about 3% plus VAT (often seen with discount agencies or negotiated deals) up to 6% plus VAT (typical with full-service agencies in premium neighborhoods like Eixample or the city center).
How much do legal checks cost (title, liens, permits) in Valencia?
Legal checks including title search, liens verification, and permits review in Valencia typically cost between a few tens of euros for basic land registry notes up to €1,000 to €2,500 (roughly $1,065 to $2,660 USD) when bundled into a full lawyer-led due diligence package.
The property valuation fee in Valencia, which is required if you take out a mortgage, usually costs between €300 and €600 (about $320 to $640 USD) and is one of the main mortgage-related expenses that the borrower still pays rather than the bank.
The most critical legal check that should never be skipped in Valencia is verifying that the property has no outstanding debts, unpaid community fees, or illegal extensions, especially in dense apartment zones like Ruzafa, El Carmen, or Cabanyal-Canyamelar where buildings may have major works planned or informal modifications.
Buying a property with hidden issues is something we mention in our list of risks and pitfalls people face when buying real estate in Valencia.
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What hidden or surprise costs should I watch for in Valencia right now?
What are the most common unexpected fees buyers discover in Valencia?
The most common unexpected fees buyers discover in Valencia include taxes assessed on a higher "valor de referencia" than your deed price, the 3% withholding required when buying from a non-resident seller, community-of-owners arrears or special assessments for building repairs, and compliance costs for tourist rental registration if you plan short-term lets.
Yes, buyers in Valencia can inherit unpaid property taxes (IBI) or community fees from the previous owner, which is why your lawyer should always request proof of up-to-date IBI receipts and a certificate from the building administrator confirming no outstanding community debts before you sign.
Scams with fake listings or fake fees do occur in Valencia, with the most common pattern being pressure to pay a "reservation" deposit without proper documentation, so the safest rule is that no money should move until your lawyer has verified the property, the seller's authority to sell, and the contract terms.
Fees that are usually not disclosed upfront by sellers or agents in Valencia include deed copy costs, extra registry notes, bank transfer fees, translation expenses, courier charges for original documents, and gestoría (administrative agent) fees if you outsource paperwork handling.
In our property pack covering the property buying process in Valencia, we go into details so you can avoid these pitfalls.
Are there extra fees if the property has a tenant in Valencia?
If the property has a tenant in Valencia, buyers typically face extra fees of €500 to €1,500 (roughly $530 to $1,600 USD) or more for specialized legal review of the existing lease terms, tenant protections, and negotiation of any surrender agreement if you need vacant possession.
When purchasing a tenanted property in Valencia, the buyer inherits all legal obligations under the existing rental contract, including honoring the lease duration, respecting the tenant's deposit, and maintaining any agreed rental terms until the contract legally ends or is renegotiated.
Terminating an existing lease immediately after purchase is generally not possible in Valencia because Spanish tenant protection laws require landlords to honor the contract term, though certain exceptions may apply if you plan to use the property as your primary residence (and even then, notice periods and compensation may be required).
A sitting tenant in Valencia typically affects the property's market value or negotiating position by creating a discount of roughly 5% to 15% compared to similar vacant properties, since the buyer takes on the complexity of managing an existing tenancy or waiting for it to end.
If you want to optimize your rental strategy, you can read our complete guide on how to buy and rent out in Valencia.
We have made this infographic to give you a quick and clear snapshot of the property market in Spain. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which fees are negotiable, and who really pays what in Valencia?
Which closing costs are negotiable in Valencia right now?
The closing costs that are negotiable in Valencia include the real estate agent commission structure (especially if you are paying any portion), who covers small administrative costs like copies and couriering, and repairs found during inspection which can effectively reduce the final price.
The closing costs that are fixed by law or regulation and cannot be negotiated in Valencia include the ITP or VAT plus stamp duty taxes, which are set by regional and national authorities, and the core notary and land registry tariffs, which are regulated by official government schedules.
On negotiable fees in Valencia, buyers can typically achieve discounts of a few hundred euros on gestoría and administrative services, or negotiate for the seller to cover specific small costs, but the biggest savings usually come from negotiating the purchase price itself rather than trying to reduce fixed fees.
Can I ask the seller to cover some closing costs in Valencia?
The likelihood that a seller in Valencia will agree to cover some closing costs depends heavily on market conditions and how motivated they are to sell, with perhaps 20% to 40% of transactions involving some form of seller concession on costs or price.
The specific closing costs sellers in Valencia are most commonly willing to cover include their own agency commission (which is standard), specific repairs identified during inspection, and sometimes small administrative items, but sellers cannot meaningfully take on your purchase taxes since those are the buyer's legal obligation.
Sellers in Valencia are more likely to accept covering closing costs or offering price reductions when the property has been on the market for several months, when they are under time pressure to complete, or when the property needs visible repairs that give you negotiating leverage.
Is price bargaining common in Valencia in 2026?
As of early 2026, price bargaining is common and expected in Valencia, with most properties selling below their initial asking price unless they are in exceptionally high-demand locations or priced very competitively from the start.
Buyers in Valencia typically negotiate between 4% and 8% below the asking price on standard transactions, which on a €300,000 listing means discounts of roughly €12,000 to €24,000 (about $12,800 to $25,600 USD), though stale or overpriced listings can see discounts of 10% or more while hot properties may sell closer to asking.
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What monthly, quarterly or annual costs will I pay as an owner in Valencia?
What's the realistic monthly owner budget in Valencia right now?
The realistic monthly owner budget in Valencia for a typical apartment, excluding any mortgage payment, ranges from about €200 to €500 (roughly $215 to $530 USD) depending on your building's amenities and your utility usage.
The main recurring expense categories that make up this monthly budget in Valencia include community fees (roughly €50 to €150 per month), utilities like electricity, water, gas, and internet (roughly €100 to €250 per month), home insurance (roughly €15 to €40 per month), and a maintenance reserve for unexpected repairs (roughly €30 to €100 per month).
The realistic low-to-high range for monthly owner costs in Valencia spans from about €150 per month (roughly $160 USD) for a small, simple apartment with no elevator or pool, up to €600 or more per month (roughly $640 USD or higher) for a larger property in a building with concierge, pool, and high utility consumption.
The monthly cost that tends to vary the most in Valencia is the community fee, which can range from €30 in a small walk-up building to €200 or more in a newer complex with elevators, a pool, security, and other shared amenities.
You can see how this budget affect your gross and rental yields in Valencia here.
What is the annual property tax amount in Valencia in 2026?
As of early 2026, the annual property tax (called IBI) in Valencia city is calculated at a rate of 0.5784% of your property's cadastral value, so a property with a cadastral value of €120,000 would owe roughly €694 per year (about $740 USD).
The realistic low-to-high range for annual IBI property taxes in Valencia spans from about €300 to €400 per year (roughly $320 to $425 USD) for smaller or older apartments with low cadastral values, up to €1,500 or more per year (roughly $1,600 USD or higher) for larger or newer properties with higher cadastral valuations.
The IBI property tax in Valencia is calculated by multiplying your property's cadastral value (a government-assessed value typically lower than market price) by the municipal tax rate, so your actual tax depends on how the Catastro has valued your specific property rather than what you paid for it.
Certain property owners in Valencia may qualify for IBI reductions, such as those with large families or properties with specific energy efficiency certifications, though exemptions vary and you should confirm your eligibility with the Valencia city council or a local tax advisor.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Spain. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
If I rent it out, what extra taxes and fees apply in Valencia in 2026?
What tax rate applies to rental income in Valencia in 2026?
As of early 2026, non-resident property owners in Valencia pay tax on rental income at a flat rate of 19% if they are residents of the EU, Iceland, Norway, or Liechtenstein, or 24% if they are residents of any other country.
EU and EEA resident landlords can typically deduct certain expenses from their rental income before calculating tax in Valencia, including property-related costs like repairs, insurance, and community fees, while non-EU residents are generally more restricted and may have to pay tax on gross rental income without deductions.
The realistic effective tax rate after deductions for typical EU-resident landlords in Valencia can drop to around 10% to 15% of gross rental income once allowable expenses are subtracted, though the exact figure depends on your cost structure and documentation.
Foreign property owners in Valencia do pay a different rental income tax rate than Spanish residents, with non-residents facing the flat 19% or 24% rate (depending on their home country) while Spanish residents pay progressive income tax rates that can range from 19% up to 47% depending on their total income.
Do I pay tax on short-term rentals in Valencia in 2026?
As of early 2026, short-term rental income in Valencia is subject to the same non-resident tax rates of 19% (EU/EEA) or 24% (others), but you also face additional regulatory requirements including mandatory registration as a "vivienda de uso turístico" with the Valencian regional government before you can legally operate.
Short-term rental income in Valencia is generally taxed similarly to long-term rental income from a pure tax-rate perspective, but the compliance burden is heavier because you must register the property, meet specific safety and habitability standards, and potentially deal with stricter enforcement following recent regional rule changes.
By the way, the regional tourist stay tax that was previously discussed in Valencia is not currently in effect as of early 2026, following a Generalitat decision to remove it, so you should not budget for this specific tax at the moment.
If you want to optimize your rental strategy, you can read our complete guide on how to buy and rent out in Valencia.
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If I sell later, what taxes and fees will I pay in Valencia in 2026?
What's the total cost of selling as a % of price in Valencia in 2026?
As of early 2026, the total cost of selling a property in Valencia typically ranges from about 5% to 10% of the sale price, depending mainly on whether you use an agent and how much capital gains tax you owe.
The realistic low-to-high percentage range for total selling costs in Valencia runs from about 4% to 5% if you sell without an agent and have minimal taxable gain, up to 10% or more if you pay full agency commission, have substantial capital gains, and need legal help to close the sale.
The specific cost categories that typically make up that total in Valencia include real estate agent commission (often the largest item at 3% to 6% plus VAT), capital gains tax on your profit, legal and administrative fees, and potentially early mortgage repayment charges if you have an outstanding loan.
The single cost that is usually the largest contributor to selling expenses in Valencia is the real estate agent commission, which can easily reach €10,000 to €20,000 or more on a typical property sale.
What capital gains tax applies when selling in Valencia in 2026?
As of early 2026, non-resident sellers in Valencia pay capital gains tax at a flat rate of 19% (for EU/EEA residents) or 24% (for others) on the profit from selling their property.
Exemptions to capital gains tax in Valencia can apply in certain circumstances, such as reinvesting the proceeds into another primary residence (mainly for Spanish residents) or for sellers over a certain age selling their main home, though these exemptions are fact-specific and non-residents rarely qualify for the most generous reliefs.
Foreigners do not pay an "extra" capital gains tax rate in Valencia just because they are foreign, but they should know about a major mechanism: when a non-resident sells, the buyer is typically required to withhold 3% of the sale price and pay it to AEAT on behalf of the seller, which affects your net proceeds at closing even though it credits against your final tax bill.
The capital gain in Valencia is calculated by subtracting your original purchase price (plus certain allowable costs like notary fees, registry fees, and documented improvements) from your sale price, and then applying the appropriate tax rate to that profit.
We made this infographic to show you how property prices in Spain compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Valencia, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Agencia Tributaria Valenciana (ATV) | It's the Valencian government's official tax agency for regional rates. | We used it to pin down the ITP transfer tax brackets and AJD stamp duty rules in Valencia. We also confirmed who pays mortgage stamp duty and how taxable values are determined. |
| Spanish Tax Agency (AEAT) | It's Spain's national tax authority explaining official tax logic. | We used it to separate new-build VAT purchases from resale ITP purchases. We also used it to frame the buyer's tax checklist before applying Valencia's regional rates. |
| Sede Electrónica del Catastro | It's the government system for cadastral values used in property taxation. | We used it to explain what value Spanish tax authorities check when assessing purchase taxes. We also warned buyers that taxes may be assessed on the higher of deed price versus reference value. |
| BOE Notary Fee Tariff | It's the official Spanish gazette with the binding legal tariff. | We used it to justify why notary fees are regulated rather than arbitrary. We also used it to support realistic fee ranges for residential property closings. |
| BOE Land Registry Tariff | It's the official gazette with the binding registry fee schedule. | We used it to explain why land registry costs are regulated and scale with property value. We also used it to support realistic registry fee estimates for buyers. |
| Banco de España | It's Spain's central bank educating consumers on mortgage costs. | We used it to explain which mortgage costs the buyer pays versus the bank. We also used it to avoid overbudgeting for mortgage setup costs in 2026 Spain. |
| Valencia City Council IBI Ordinance | It's the official municipal tax ordinance for Valencia city. | We used it to extract the IBI property tax rate for urban residential property. We also used it to build realistic annual owner cost estimates. |
| AEAT IRNR Tax Rates | It's the official national reference for non-resident taxation. | We used it to state the 19% versus 24% non-resident rates for rental income and capital gains. We also used it as the backbone for rental and resale tax planning sections. |
| GVA Tourist Housing Registration | It's the official Valencian government procedure for tourist rentals. | We used it to show that short-term rental readiness in Valencia requires formal registration. We also identified likely admin steps and related compliance costs. |
| Tinsa Valuation Data | It's a long-established Spanish appraisal firm with transparent reporting. | We used it to triangulate valuation-based price levels for Valencia. We also used it to estimate how far asking prices can sit above market valuations. |
| idealista Price Index | It's Spain's largest property portal with consistent price tracking. | We used it to anchor the asking price mood going into 2026 for Valencia. We also used it with Tinsa data to build a realistic negotiation range. |
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