Buying property in Murcia has always been appealing thanks to its relaxed Mediterranean lifestyle, excellent golf resorts, and competitive property prices. But recently, the region has become even more attractive for buyers and investors after the Regional Government of Murcia introduced new tax reductions that make purchasing a home here cheaper than ever.
These changes not only lower the upfront cost of buying property in Murcia but also make the region even more competitive compared to neighboring hotspots like the Costa Blanca and Costa del Sol.
Lower Property Transfer Tax: Immediate Savings for Buyers
One of the most significant updates for anyone buying property in Murcia is the reduction in Property Transfer Tax (ITP), which applies when purchasing resale homes.
- Old ITP rate: 8%
- New ITP rate for 2025: 7.75%
Let’s look at an example of how this impacts you as a potential buyer. If the property of your choice is €200,000 it would mean a tax bill of €15,500 instead of €16,000, an instant saving of €500 on your purchase, which in the grand scheme of things is quite a bit especially if you want or need to re-decorate.
The savings get even better if you’re a younger buyer. The region has extended its reduced ITP rate of 5% meaning that on that same €200,000 property, the tax drops to €10,000, saving you €6,000 compared to last year. This is available now for anyone who is ’40 or under’ compared to the previous ‘under 40’ stipulation, widening the eligibility.
Combined with a reduction in Stamp Duty (AJD) on new builds from 2% to 1.5%, these tax cuts make buying property in Murcia far more affordable than before.
Wealth Tax Rebate: A Big Plus for High-Value Buyers
For those purchasing luxury homes, villas, or investment properties, buying property in Murcia now comes with another major advantage: the Wealth Tax rebate.
If you’re affected by the National Solidarity Tax, from July, you’ll now be able to offset your obligations through a rebate in the wealth tax. Effectively, it means you can own property in Murcia without facing the double taxation risk seen in other regions.
This move makes Murcia particularly attractive for buyers considering high‑end homes around La Manga Club, Mar Menor, Los Alcázares, or exclusive golf resorts, where property values can easily reach premium levels.
Why Buyers Should Act Now
Of course, we all know the lifestyle benefits of Murcia, but now the financial benefits of buying property in Murcia in 2025 are also pretty clear:
- Lower upfront costs thanks to the reduced ITP and Stamp Duty rates.
- Extra savings for younger buyers, helping first‑time buyers and professionals get onto the ladder.
- Reduced long‑term exposure for wealthy buyers, making property investment more appealing.
Whether you’re looking for a modern apartment by the beach, a family villa with a pool, or a golf resort property, the 2025 tax changes ensure buying property in Murcia is one of the most cost‑effective moves in the Spanish market.
Let Murcia Services Help you Buy Smarter
At Murcia Services, we specialize in helping international buyers purchase property in Murcia seamlessly. From finding the right home to navigating the 2025 tax benefits, our team ensures you get the best value for your investment.
If you’ve been considering the Costa Blanca or Costa del Sol, now is the perfect time to explore buying property in Murcia – where your dream Spanish home could cost you less than you think.
