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Tax Calculations

Calculate the real estate relevated taxes for properties on the Balearic Islands

On this page, we provide the possibility to calculate the most important taxes for Mallorca, Menorca and Ibiza, in relation to real estate properties. We would like to emphesize that the calculations and informations provided in this section are only informative and not binding and we do not accept any liability for the accuracy of the results.

Tax Calculation

Transmission Tax on the Balearic Islands

Calculate the Balearic transmission tax by entering the value of the properties and the percentage of ownership which is transmitted.
Calculate Transmission Tax

Purchase Costs

Calculate the approximate purchase costs for a property on the Balearic Islands, including transmission tax, notary fees and land registry fees. The fees of the lawyer are not included as they depend on the cases.
Calculate Purchase Costs

Wealth Tax for Non Residents

Calculate the approximate wealth tax for holding properties situated on the Balearic Islands. The highest value between purchase price, cataster value or value fixed by tax authorithies has to be applied. In most cases this will be the purchase price.
Calculate Wealth Tax

Capital Gain Tax on property sales

Coming soon.

Municipal Plusvalía Tax on property sales

Calculate the Plusvalía Tax for property sales in the municipalities of Palma, Calvia and Andratx. Fill in the catastre value of the plot (not the total catastre value) and the dates of purchase and sale.
Calculate Plusvalía Tax