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V0620-25 ·2 April 2025 ·consulta-vinculante Low impact
Tax

Reinvestment exemption applicable if new home built within legal timeframe

A taxpayer asks whether the reinvestment exemption applies to a property under construction after selling their primary residence. The DGT states that for construction to be treated as acquisition, the project must be completed within four years from the start of investment.

In 6 key points

How it affects those involved

Taxpayers selling their primary residence may qualify for reinvestment exemption if the new property is completed within four years of the initial investment.

Lifecycle

2025-04-02PublishedPublished 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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