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V1686-25 ·18 September 2025 ·consulta-vinculante Low impact
Tax

Reinvestment exemption for under-construction home requires two-year payment period

The consultant asks whether payments to a developer for a construction project count as reinvestment. The DGT responds that to qualify for the exemption, two conditions must be met: reinvesting the funds within two years and completing the construction within four years from the first payment.

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2025-09-18PublishedPublished 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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