Sorello Guides

Transfer tax (ITP) and stamp duty (AJD) in Canary Islands

Canary Islands taxes the transfer of immovable property at 6,5 %, around the middle of the Spanish range. It falls on the declared value, and the return is filed in the period that follows the signature. One rate covers the whole price in Canary Islands: there is no progressive scale to work through. A reduced rate exists for a habitual residence within a value ceiling, and nobody applies it for you.

The rates, and where each one comes from

Rates, with the article each was read from
What it applies toRateLegal basis
Transfer of immovable property6,5 %art. 31 TR aprobado por D.Leg. 1/2009 (redacción DF Undécima.Diecinueve Ley 9/2025)
Habitual residence within the ceiling5 %art. 31 TR aprobado por D.Leg. 1/2009 (redacción DF Undécima.Diecinueve Ley 9/2025)
Stamp duty on notarial documents0,75 %art. 36 TR aprobado por D.Leg. 1/2009 (redacción DF tercera.Cinco Ley 11/2015)
Stamp duty, habitual residence0,4 %art. 37.1 TR aprobado por D.Leg. 1/2009 (redacción art. primero.II.9 Ley 4/2018)

What that costs

Transfer tax due
Declared valueTransfer tax due
180.000 €11.700 €
450.000 €29.250 €
900.000 €58.500 €

Illustrative declared values, not market figures.

Stamp duty is not added on top

Stamp duty appears on a purchase in one case only: a new-build from a developer carries VAT instead of transfer tax, and the deed is then stamped at 0,75 %.

The comparison that matters

Ranked by transfer-tax rate, it comes second lowest among the regions covered here.

Line the regions up by stamp-duty rate and this one is the second lowest.

The reduced rates, and who actually qualifies

A dwelling bought as the buyer's habitual residence is taxed at 5 % when its declared value does not exceed 200.000 €. It is all-or-nothing: a declared value one euro over the ceiling is taxed at the general rate on the whole amount, not just on the excess. This territory publishes no separate rate for young buyers in the source used here, so none is shown.

Municipal guides in this territory

Sources and licences