Here are the two most common types of capital gains taxes in Spain related to the sale of a property:

1. Municipal Capital Gains Tax (Tax on the Increase in Value of Urban Land - IIVTNU)

🔷 What it is:It’s a municipal tax paid when selling, inheriting, or donating a property. It taxes the increase in the value of the land (only the land, not the building) from the time it was acquired until it is transferred.

🔷 Who pays it:It’s usually paid by the seller (although in donations and inheritances, it is paid by the recipient).

2. Capital Gains Tax in Income (Capital Gain in IRPF or 3% withholding for non-residents)

🔷 What it is:This is the tax paid on the capital gain obtained from selling a property. It is calculated as:Sale price – Adjusted purchase price = Capital Gain

🔷 Tax residents in Spain:They pay it in their personal income tax (IRPF) declaration, according to these brackets:19% up to €6,00021% from €6,001 to €50,00023% from €50,001 to €200,00027% from €200,001 to €300,00028% from €300,001 onwards

🔷 Non-tax residents in Spain:3% of the sale price is withheld directly as an advance payment towards the capital gains tax.

Afterwards, the foreign seller must submit form 210 to:

Pay the difference if more tax is due based on the gain.

Request a refund if the 3% withheld exceeds the actual tax due.

📌 Always consult a notary or a qualified tax advisor to make sure you meet all legal obligations correctly.