| Bracket |
Amount |
Rate |
Fees |
| 0 - 600,000€ |
600 000€ |
10% |
60 000€ |
| 600,001 - 900,000€ |
300 000€ |
11% |
33 000€ |
| 900,001 - 1,500,000€ |
600 000€ |
12% |
72 000€ |
| 1,500,001€ and above |
1 750 000€ |
13% |
227 500€ |
| Total ITP: |
392 500€ |
Explanation: Tax on Patrimonial Transmissions (ITP) in Spain is calculated by brackets according to the property price. Each bracket is subject to a different rate. The calculation above details how the total was obtained.