Stamp Duties in Andalucía fall down to 1,2% only during year 2021
29 Apr 2021
Decree-Law 7/2021 of 27 April sets a reduction of Stamp Duties in Andalucía falling from 1,5% to 1,2%.
Stamp Duty is levied on notarized documentation in a public deed that has an economic value and need to be registered in public registries. The purchase of a new property subject to VAT is also subject to Stamp Duty (both taxes are compatible).
The reduction is applicable to transactions carried out as from 28 April till 31 December 2021. An an example, the buyer of a new house of 6.000.000 € subject to VAT will save 18.000 € on stamp duties.