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V0383-26 ·25 February 2026 ·consulta-vinculante Medium impact
Tax

The taxable base for new construction is the real cost of the work, not the property value

A property owner asks how to determine the taxable base for ITP and AJD for a historic new construction and a horizontal division. The DGT clarifies that new construction is taxed on its building cost and horizontal division on the construction value plus land value.

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2026-02-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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