In short
On a €300,000 resale home in Canary Islands, transfer tax and land registry fees come to €19,701 (6.5% tax at the general rate). Homes were appraised at €2,279/m² on average in Q2 2026 (+14.2% over a year); the INE index rose 11%.
Calculate for Canary Islands
The questions, answered
How much transfer tax on a €300,000 resale home in Canary Islands?
At the general rate of Canary Islands (6.5%), €300,000 bought in Canary Islands pays €19,500 of transfer tax (ITP) and €201 of land registry fees: €19,701 for the buyer, before notary copies and any reduced rate; the base is the higher of price and Catastro reference value.
And on a new home in Canary Islands?
Bought from the developer, the same €300,000 carries the Canary Islands IGIC at 7% (€21,000) instead of transfer tax, plus AJD of €3,000 and land registry fees of €201: €24,201 in all.
Are home prices rising in the Canary Islands?
Yes: the INE house price index for Canary Islands changed by +11% over a year in Q2 2026 (Spain: 12.2%), and the ministry's average appraised value in the Canary Islands reached €2,279/m², +14.2% over a year.
How much tax when you sell a home in Canary Islands?
The income tax on the gain is national: 19% for a non-resident (IRNR), the savings scale of 19% to 30% for a resident. On a gain of €80,000 that is €15,200 or €17,280.
Reading the numbers for Canary Islands
Canary Islands is 5th of the 19 regions by appraised value: €2,279/m², 3% below the Spanish average of €2,355/m².
Prices moved +14.2% on the ministry's appraisals and +11% on the INE index, which puts Canary Islands 16th of 19 on the index, 1.2 points slower than Spain (+12.2%).
Payotte covers six cities here. They run from €2,042/m² in San Cristóbal de La Laguna to €3,776/m² in Adeje, a spread of €1,734/m²; the regional average falls between them, at €2,279/m².
Resale: In the Canary Islands, transfer tax (ITP) on a resale home is 6.5%, on the higher of the price and the Catastro reference value: €19,500 on €300,000, €19,701 with land registry fees.
New build: In the Canary Islands, a new home bought from the developer pays IGIC at 7% and stamp duty on the deed (AJD) of 1%: €24,201 with land registry fees on €300,000.
Young buyers: The Canary Islands give buyers aged 40 or under a 20% bonus on the transfer tax computed at the 5% main-home rate, for a first main home with value up to €200,000 and income up to €46,455 plus €6,825 per dependant; the general rate is 6.5%.
Large families: The Canary Islands tax a large family's home at 1% (arts. 32, 33, 33 bis) with an income cap of €46,455, against a general rate of 6.5%.
Stressed market areas: No stressed housing market area declaration for the Canary Islands was found in the BOE quarterly resolutions published up to 15 October 2026.
The figures
| Measure | Value | Source |
|---|---|---|
| Transfer tax (ITP) on €300,000 | €19,500 | Decreto Legislativo 1/2009, art. 31.1.a) |
| Land registry on €300,000 | €201 | Real Decreto 1427/1989 |
| Notary's deed fee on €300,000 (seller by default) | €388 | Real Decreto 1426/1989 |
| Canary Islands, appraised value, Q2 2026 | €2,279/m² | Ministry (+14.2% a year) |
| Canary Islands, INE house price index, change over a year | +11% | INE, Q2 2026 |
Valuers' averages, not sale prices; changes computed by Payotte.
Buying from abroad
What differs for a foreign buyer: Buying as a foreigner · non-resident tax calculator · purchase costs in every region.
Cities of Canary Islands on Payotte
Sources
- Taxes: Decreto Legislativo 1/2009, texto refundido tributos cedidos de Canarias; calculator sources.
- Appraised values: Estadística de valor tasado de la vivienda (tables 1 and 4; Elaboración propia con datos del Ministerio; reuse under Real Decreto 1495/2011, arts. 7 and 8; published 2026-09-15).
- House price index: INE, Índice de Precios de Vivienda, Q2 2026 (Fuente: Sitio web del INE: www.ine.es; published 2026-09-07).