Calculating IBI in Barcelona: A Complete Guide for Property Owners
The Real Estate Tax (IBI) is an annual tax that all property owners in Barcelona must pay. To help you better understand this tax and calculate its amount, CDM Immobilier offers you this complete guide.
What is IBI?
The IBI is a local tax that finances municipal public services. Its amount is calculated based on the cadastral value of your property and a coefficient set by the town hall.
How to calculate the IBI in Barcelona?
Calculating the IBI is relatively simple:
- Cadastral value: This is the official value of your property, determined by the land registry.
- Municipal coefficient : In Barcelona, this coefficient is generally 0.66% for properties on urban land.
- Calculation: IBI = Cadastral value x Municipal coefficient
Example: For a property with a cadastral value of €100,000, the annual IBI would be €100,000 x 0.66% = €660.
Where can I find the cadastral value of my property? ?
You can check the cadastral value of your property on the Spanish Land Registry website or by visiting a Land Registry office. You will need the cadastral reference of your property.
How to pay the IBI in Barcelona?
You can pay your IBI:
- Online: On the Barcelona City Council website.
- By direct debit: If you have domiciled your IBI.
- In a partner bank: List available on the town hall website.
Possible IBI reductions
In some cases, it is possible to benefit from IBI reductions:
- Energy renovation: The installation of solar panels or other energy-saving equipment may entitle you to discounts.
- Social housing: Social housing often benefits from IBI discounts.
- Large families: Discounts may be granted to large families.
Why use CDM Immobilier?
Our team of experts is at your disposal to assist you in all your real estate-related procedures in Barcelona. We can help you:
- Estimate the value of your property.
- Find a buyer quickly.
- Manage the administrative aspects of the sale.
Do not hesitate to contact us for a free estimate of your property.
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