The Junta de Andalucía confirmed a phased reduction to ITP, the transfer tax on resale property purchases, from 7% today to 6% by 2030. Here is what changes, what does not, and what it means in real numbers.
On 24 September 2026, the Junta de Andalucía announced a cut to the Impuesto de Transmisiones Patrimoniales, the transfer tax due on every resale property purchase in the region. The general rate drops from 7% to 6.75% from 1 January 2027, with a further gradual reduction to 6% by 2030. This is a confirmed regional decision, and it changes the maths on every resale purchase in the regio Málaga from next year onward.
Down from 7% today. Applies to all resale property purchases in Andalucía from 1 January 2027.
The Junta intends a further phased reduction to 6% by the end of the current legislative term in 2030.
The difference between today's 7% rate and the 6% rate due by 2030, on a 1,500,000 euro resale purchase.
ITP is the tax you pay when you buy an existing, previously owned home in Andalucía. New-build property is taxed differently, through IVA (VAT) at 10% plus AJD stamp duty, and that does not change with this announcement. This reduction applies specifically to resale property.
The general rate today is 7%, applied to the higher of the purchase price or the reference value set by the tax authority. From 2027, that drops to 6.75%. The Junta has stated the intention to keep lowering it by roughly a quarter of a point a year, reaching 6% by 2030. There is no income test and no age limit attached to this general rate cut. It applies to any resale purchase, regardless of who is buying or where they are from.
Alongside the general rate, Andalucía keeps its reduced rates for specific situations. The threshold for the 3.5% reduced rate on a primary residence is rising from €150,000 to €200,000, and up to €300,000 for large families or buyers with a recognised disability. For most buyers relocating to the regio Málaga from abroad, the number that matters is the general rate: 7% now, 6.75% from 2027, 6% by 2030.
Take a resale villa at €1,500,000, a realistic price point for the Mijas and Málaga west coast market.
| Rate | When | ITP on €1,500,000 | Saving vs today |
|---|---|---|---|
| 7% | Today (2026) | €105,000 | — |
| 6.75% | From 1 Jan 2027 | €101,250 | €3,750 |
| 6% | By 2030 | €90,000 | €15,000 |
On a €600,000 apartment in Málaga city, the total ITP goes from €42,000 today to €36,000 once the 6% rate is fully in place, a difference of €6,000. These are not marginal numbers. On transactions of this size, a percentage point of transfer tax is a real, budgetable line item.
Important timing detail: The rate that applies is the rate in force on the date the public deed (escritura) is signed before notary, not the date an offer is accepted or a reservation contract is signed. If your purchase is likely to complete close to a year-end, the exact timing of signing can matter for which rate applies. This is one of the details a buyer's agent tracks on your behalf. For the full picture on how contracts and completion work in Spain, see our buying contract guide.
The Junta frames this as a housing affordability measure, aimed primarily at Andalusian residents buying their first or main home in a market where prices have moved faster than wages. The regional government projects around 138,000 buyers benefiting from the 2027 step alone. Alongside the ITP cut, Andalucía is expanding its Programa Garantía Vivienda, a public mortgage guarantee scheme for residents under 40 buying their first home, backed by an additional €25 million.
The general rate cut applies broadly, to any resale purchase, by any buyer, at any price point. A relocating buyer from the Netherlands, the UK, or elsewhere purchasing a resale property in the regio Málaga pays the same lower general rate as anyone else, on the same transaction, under the same rules.
AJD, the stamp duty applied on new-build purchases and mortgage deeds, is unaffected. Notary fees, land registry fees, and legal fees are unaffected. IVA on new-build property stays at 10%. Non-resident capital gains withholding on a future sale is a separate tax entirely and is not part of this reform.
If you are comparing a resale purchase against a new-build option, this ITP reduction narrows the tax gap between the two slightly, but it does not close it, since new-build IVA at 10% plus AJD is still generally the higher total tax burden of the two routes. For a full breakdown of all taxes when buying, see our complete guide to property taxes in Andalucía.
If you are actively looking now, this reform is not a reason to wait. The saving between this year's rate and 2027's rate on a typical purchase is meaningful but modest, and the regio Málaga's resale market does not reliably wait for buyers who pause a search for a tax saving measured in single-digit thousands of euros. What the reform does change is the budgeting conversation. If your search is likely to run into 2027, it is worth building the lower rate into your total cost calculation from the outset.
This is exactly the kind of detail that gets missed when a purchase is handled by an agent working for the seller, whose incentive is to close the deal, not to optimise your total cost of acquisition. An independent buyer's agent works through the full cost stack with you before you commit, so the number you plan around is the number you actually pay. For a full overview of the buying process, see our guide to buying property in Spain as a foreigner.
The rate drops from 7% to 6.75% from 1 January 2027. The Junta de Andalucía intends a further gradual reduction to 6% by 2030.
No. New-build property is taxed through IVA at 10% plus AJD stamp duty, which is unaffected by this reform. The ITP reduction applies only to resale, previously owned property.
No. The general rate cut applies to any resale purchase regardless of the buyer's residency, nationality, or whether it is a first purchase. Separate, lower reduced rates exist for primary residences under specific thresholds, which mainly benefit residents buying their main home.
On a resale property at €1,500,000, the saving between the current 7% rate and the 2027 rate of 6.75% is €3,750. When the full 6% rate lands by 2030, the saving against today's rate reaches €15,000 on the same transaction.
Yes. The rate that applies is the rate in force on the date the public deed is signed before notary, not the date an offer is accepted or a reservation contract is signed. For purchases completing close to a year-end, the exact signing date can determine which rate applies.
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