Everything you need to know about the municipal capital gains tax (Plusvalía Municipal) when selling property in Spain – calculation, differences from capital gains tax and valuable tips from Mike Naumann Immobilien on the Costa del Sol.
WhatsAppThe Plusvalía Municipal is a local (municipal) tax charged when a property in Spain is transferred, typically upon sale. It is calculated on the increase in the value of the land, not on the total value of the property. This tax applies in municipalities such as Marbella, Málaga, Estepona or Benalmádena.
The tax focuses on how the land value has changed over time and how long the seller has owned the property. In many cases, the longer the holding period, the higher the potential tax.
Mike Naumann Immobilien advises property owners on the Costa del Sol so that this municipal tax is clearly understood and properly planned before selling.
The calculation is generally based on three key factors:
Most municipalities apply legally defined coefficients to the land value to determine the taxable base and then calculate the final amount payable to the town hall.
Important: Plusvalía Municipal is not a national tax. Each municipality has its own rules and rates.
Example for illustration purposes: a property in Málaga city has a cadastral land value of €150,000 and has been owned for 8 years. Assume an effective annual coefficient/tax rate of 3%.
Calculation: €150,000 × 0.03 × 8 = €36,000 Plusvalía Municipal
This amount is payable in addition to capital gains tax and can significantly affect the net proceeds of the sale.
With Mike Naumann Immobilien, sellers receive a clear estimate of all expected taxes before listing the property.
Choose the property category that interests you:
Although both taxes are linked to property sales, they are fundamentally different:
Ignoring either tax can lead to unpleasant surprises. Mike Naumann Immobilien ensures that both are clearly identified and properly planned.
With proper preparation, sellers on the Costa del Sol can reduce risks and optimise their net result without legal uncertainty.
The municipal capital gains tax is a key element of property sales in Spain. With professional support from Mike Naumann Immobilien, sellers can calculate costs accurately, avoid surprises and prepare a secure sale.
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