Save on buying a property on the Costa Blanca with the new reduced ITP

Some news can change a buying decision, and buying a property on the Costa Blanca now falls into that category for many international buyers. From 1 June 2026, the general rate of the Property Transfer Tax (ITP) in the Valencian Community drops from 10% to 9%. For anyone looking at a home by the Mediterranean, that is not a small detail.

It’s worth explaining it simply. This reduction mainly affects resale homes, which are the ones that typically pay ITP. The general 9% rate applies when the property value does not exceed one million euros, while above that figure the applicable rate remains 11%.

New builds work differently. In these cases, it is usually taxed through VAT and Stamp Duty (AJD), not ITP. There may also be reduced rates or tax benefits depending on the buyer’s profile and the intended use of the property, so it is worth reviewing each purchase with a tax or legal advisor.

And this is where Costa Blanca South becomes even more interesting. Areas such as Benijófar, Ciudad Quesada or Guardamar del Segura combine a relaxed lifestyle, year-round services and a good connection to Alicante-Elche Airport. For anyone dreaming of long holidays, retirement in the sun or remote work near the sea, the timing is especially appealing.

• Nearby beaches such as Guardamar, La Mata or Torrevieja.
• Golf courses in areas such as Algorfa and Ciudad Quesada.
• Year-round services in Dolores, Almoradí and La Marina.
• Convenient international connections for European buyers.

What can change when buying a property on the Costa Blanca and the ITP goes down

If you were considering buying a property on the Costa Blanca, this reduction helps you see the real budget more clearly. On a resale home priced at €250,000, moving from 10% to 9% means the ITP drops from €25,000 to €22,500. The saving would be €2,500.

There is another very clear example. On a €300,000 property, the tax would go from €30,000 to €27,000, which represents a saving of €3,000. These are indicative calculations and the final amount will depend on the applicable tax base and the specific circumstances of the transaction.

Is it good news for anyone looking for a second home or an investment? Absolutely, especially in an area with as much variety as Costa Blanca South. Here you can find practical apartments near Torrevieja, quieter homes in Benijófar or Dolores, and highly sought-after options in Guardamar del Segura or La Marina.

• Resale homes with easier access thanks to the new general 9% rate.
• Established residential areas for living, holidays or renting out.
• Close to golf, beaches and shops in well-connected towns.
• Different property types depending on lifestyle and budget.

With us, buying a property on the Costa Blanca is much easier to understand from the start

When you start a transaction in another country, it’s normal to wonder what taxes you will pay and what the differences are between a resale and a new build. buying a property on the Costa Blanca can seem complex at first, but we explain it clearly and without rushing. We like every step to be fully understood.

We work from Benijófar and know the Costa Blanca South market first-hand, from Ciudad Quesada to Algorfa, including Torrevieja, Guardamar del Segura, La Marina, Dolores and Almoradí. Our multicultural background also helps us support Dutch, Belgian, French, German and British buyers in a friendly, approachable way. If you would like to learn more about our track record as a real estate agency on the Costa Blanca, you can see more clearly how we work there.

We help you compare options, understand costs, coordinate the legal side with the lawyer you choose, and stay by your side even after you sign. That brings real peace of mind.

• Personalised advice based on your budget and priorities.
• Legal support in coordination with your trusted lawyer.
• Close follow-up before, during and after the purchase.
• Clear and honest communication throughout the process.

If you are considering buying a property on the Costa Blanca, we will be happy to guide you and show you opportunities that fit you and your Mediterranean lifestyle plan.

• Phone: +34 635 963 306
• Email: contact@moraga.immo
• Address: Calle Alfonso XIII, nº 2 – Local 4.3 – 03178 Benijófar (Alicante) España

Image gallery

Share