ITP in Asturias 2026: rates, reductions and rebates

Buying a resale (second-hand) home in Asturias means paying the Impuesto sobre Transmisiones Patrimoniales Onerosas (ITP, in its TPO form — the Spanish property transfer tax), which is always borne by the buyer. Asturias is one of the regions with the highest ITP in Spain: between 8% and 10% depending on the value of the property.

The counterweight is its reduced rates: 4% (or 6% if the property is worth more than €150,000) for buyers aged up to 35, large families, single-parent families, women who are victims of gender-based violence and homes in rural areas of municipalities at risk of depopulation; and 3% for second transfers of protected housing.

There are two changes in 2026 under the Asturian Ley 5/2025 (the 2026 Budget Act): municipalities at risk of depopulation are now defined by Decreto 83/2025, on demographic zoning, and the 3% rate for real estate companies buying homes to rent out disappears. In addition, since 3 December 2025 large-scale property holders are taxed at 20%.

The essentials at a glance

Item	Rule in force in 2026
General rate (real estate)	8% up to €300,000; 9% between €300,000.01 and €500,000; 10% above €500,000. A single rate based on the full value of the asset (art. 26 TR, D. Leg. 2/2014)
Buyers up to 35, large families, single-parent families, victims of gender-based violence and homes in depopulated rural areas (main residence)	4% if the property is worth up to €150,000; 6% if worth more (art. 32 bis TR)
Second transfers of protected housing (main residence)	3% (art. 27 TR)
Purchase from a business without waiving the IVA exemption	2% (art. 29 TR)
Large-scale holders and entire residential buildings intended for tourist use	20% (art. 31 bis TR, since 3-12-2025)
Taxable base	The higher of the price and the Catastro reference value (art. 10 TRLITPAJD)
Form and deadline	Modelo 600; 30 working days from the act or contract (STPA)

When ITP is due (and when it is not)

ITP-TPO is paid when buying a resale home (a transaction not subject to IVA, Spanish VAT). New builds bought from the developer are taxed under IVA at 10% plus AJD (stamp duty; in Asturias, a general rate of 1.2%). The taxpayer is the acquirer, as the official guide of the Servicios Tributarios del Principado de Asturias (STPA, the Asturian tax authority) points out.

The taxable base: the Catastro reference value

The taxable base is the Catastro reference value (valor de referencia) at the purchase date; if the agreed price or the declared value is higher, tax is paid on the higher amount. Where there is no reference value, the base is the highest of the declared value, the price and the market value (art. 10 TRLITPAJD, RDLeg. 1/1993, as worded by Ley 11/2021). Check it at the Catastro’s online office before signing.

The general rate: from 8% to 10% depending on value

Art. 26 of the Asturian consolidated text (D. Leg. 2/2014) sets this schedule for transfers of real estate:

Value of the asset or right	Applicable rate
Between €0 and €300,000	8%
Between €300,000.01 and €500,000	9%
More than €500,000	10%

Important: the law requires applying to the net taxable base «the tax rate resulting from the following schedule according to the full value of the asset or right, regardless of whether the taxed transfer, creation or assignment does not cover the whole of it» (art. 26 TR). In other words, a single rate applies to the entire value — it is not a bracket-by-bracket calculation: a €350,000 home is taxed entirely at 9% (€31,500), and buying only 50% of a €600,000 home does not avoid the 10%, because the rate is determined by the total value of the property.

Reduced rates in force in 2026

Buyers up to 35, large families, single-parent families and women who are victims of gender-based violence: 4% or 6%

(art. 32 bis TR, introduced by Ley 6/2021 and amended by Leyes 4/2023, 8/2024 and 5/2025)

Property value	Rate
Up to €150,000	4%
More than €150,000	6%

Requirements:

• The home must be, or be intended to become, the buyer’s main residence.
• It must be actually and permanently occupied within 6 months of the purchase (except for just cause) and kept as the permanent residence for at least 3 years. The benefit is not lost due to death, circumstances that prevent occupation, use of another dwelling by reason of office or employment, or prior building works (in that case, occupation within 3 months of completing the works, subject to a 1-year limit).
• The same rates apply to annexes bought together with the home, up to a maximum of one storage room and two parking spaces.

Homes in rural areas of municipalities at risk of depopulation or in demographic crisis: 4% or 6%

(art. 32 bis TR)

• Same scale (4% up to €150,000, 6% above) and same main-residence requirements, for second or subsequent transfers of homes located in those areas.
• From 2026, municipalities at risk of depopulation or in demographic crisis are those classified as such under Decreto 83/2025, de 23 de junio, on demographic zoning of the Principality of Asturias.

Second transfers of publicly protected housing: 3%

(art. 27 TR)

• A home classified as publicly protected by the Principality that has not lost that status and remains subject to a maximum sale price.
• The buyer, as a result of the purchase, must not become the owner of, or holder of rights in rem over, more than one dwelling.
• Main residence: occupation within 6 months and continued residence for at least 3 years (with the same exceptions as art. 32 bis).

Purchases from businesses without waiving the IVA exemption: 2%

(art. 29 TR): transfers of real estate to which any of the exemptions in points 20, 21 and 22 of art. 20.Uno de la Ley del IVA applies without a waiver. This is common when a business sells a used property to a private individual.

Warning: 20% increased rate for large-scale holders

(art. 31 bis TR, introduced by Ley 3/2025, de 19 de noviembre, in force since 3-12-2025): a 20% rate applies to those who are, or become, owners of more than 10 urban residential properties — or of 10 or fewer totalling more than 1,500 m² of built area; in stressed residential market areas the threshold drops to more than 5 properties or more than 750 m² (garages and storage rooms do not count). The purchase of entire residential buildings (properties under horizontal division with at least 3 dwellings) intended for tourist use is also taxed at 20%. Social housing developers, non-profit entities providing housing to vulnerable people, and the purchase of the large holder’s registered office or workplace are excluded. It does not affect a private individual buying their own home.

Real estate companies: abolished in 2026

The 3% rate for purchases of homes by real estate sector companies for rental (former art. 31 TR) was repealed on 1 January 2026 by Ley 5/2025. Asturias no longer has a special TPO rate for professional purchases of homes for resale or rental.

Rebates and deductions on the tax due

For a private home buyer there are no deductions or rebates on the tax due under the TPO modality: the benefits are structured as reduced rates. The 100% deductions in force (arts. 32 ter to 32 septies TR) relate to rural land, priority agricultural holdings, farm machinery, land for building protected housing and transactions by public companies — scenarios unrelated to an ordinary home purchase.

How to pay: form and deadline

The tax is self-assessed using modelo 600 (form 600) within 30 working days of the date of the deed or contract, according to the STPA’s official guide. Filing is only valid through the STPA’s online office (online preparation or the ASPA program) or at its offices: the authority itself warns that anything filed through other channels is deemed not filed.

Applicable legislation (official links)

• Consolidated text of devolved taxes of the Principality of Asturias (D. Leg. 2/2014), consolidated: https://www.boe.es/buscar/act.php?id=BOE-A-2015-945 (arts. 26, 27, 29, 31 bis and 32 bis)
• State TRLITPAJD (taxable base and general rules): https://www.boe.es/buscar/act.php?id=BOE-A-1993-25359
• STPA — Basic guide to processing property transfers (modelo 600 and deadline): https://sede.tributasenasturias.es/sites/epstpa/default/es_ES/tributos/transmisiones-patrimoniales/guia-basica-de-tramitacion-de-transmisiones-patrimoniales
• Ministry of Finance, «Tributación Autonómica. Medidas 2026», Chapter IV: https://www.hacienda.gob.es/sgfal/financiacionterritorial/autonomica/capitulo-iv-tributacion-autonomica-2026.pdf