At MDG Advisors, we are committed to providing proactive advice. In light of growing real estate activity in Andalusia, we share a recent clarification by the Tax Agency of the Andalusian Regional Government on the 2% reduced Transfer Tax (ITP) for professionals purchasing property for resale (under Article 44 of Law 5/2021).
The new interpretation confirms that the 2% rate applies not only to the home but also to its annexes—up to two parking spaces and one storage room—provided all are acquired in a single public deed and intended for resale.
This means a 5% ITP saving on annexes and supports the revitalization of the real estate market.