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V1319-26 ·28 May 2026 ·consulta-vinculante Low impact
Tax

Reinvestment exemption available for home purchase after sale of primary residence

Consultants ask whether proceeds from selling their primary residence can be used to pay off a mortgage on another property they intend to occupy. The DGT confirms this is possible if the new property was acquired within two years before or after the sale.

In 6 key points

How it affects those involved

Individuals may use sale proceeds to settle a mortgage on a new primary residence, provided the new property was acquired within two years of the sale.

Lifecycle

2026-05-28PublishedPublished 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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