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V1253-25 9 July 2025 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · valor de adquisición

Installation of an elevator can increase property acquisition value

The consultant asks whether costs for installing or renovating an elevator in a property owners' community are deductible or improve their income tax. The DGT responds that installing an elevator is considered an improvement that increases the property's acquisition value, but does not grant a deduction for investment in a primary residence if the works were carried out in 2024.

The question raised

Whether the amounts paid may be subject to deduction or improvement in the Personal Income Tax (IRPF).

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