Learn how to calculate the Municipal Capital Gains Tax in Teulada-Moraira step by step and access the Hispania Homes Municipal Capital Gains Calculator to perform the calculation yourself automatically.
The Plusvalia Municipal is a tax levied on the increase in value of urban land at the time it is transferred. As it is a municipal tax, it depends on the Town Hall in which the property being transacted is located, in this case, Teulada Town Hall.
Following Royal Decree-Law 26/2021, of 8 November, approved by the Council of Ministers, various new features have been introduced regarding the taxation of this tax, including the possibility of choosing between two different ways of calculating the Taxable Base of the tax.
Below we will explain each of the available ways of calculating the Municipal Capital Gains Tax in Teulada-Moraira: Objective Method and Actual Capital Gains Tax.
Calculation of the Municipal Capital Gains Tax in Teulada-Moraira
At Hispania Homes we have prepared a Municipal Capital Gains Calculator with which you can calculate what you will have to pay for this tax when selling, inheriting or donating a property in this municipality. Download the Capital Gains Calculator in Moraira and find out which of the two available options is most advantageous in the particular case of your property.
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The Municipal Capital Gains Tax for the municipality of Teulada-Moraira
Access the calculator and automatically estimate what you will have to pay for the Capital Gains Tax on your property.
Capital Gains in Teulada-Moraira: Objective Method
One of the systems available for calculating the Plusvalia Municipal in Teulada-Moraira is the Objective Method, a method that takes into account the years that have elapsed between the acquisition of the property and the moment of its transfer. To do this, we will have to follow the following steps:
1º Calculate the Taxable Base
First we will apply to the cadastral value of the land of the property the coefficient of multiplication that corresponds according to the number of years that we have been in possession of the property following the following table:
| Generation period | Applicable coefficient |
|---|---|
| Less than 1 year | 0,15 |
| 1 year | 0,15 |
| 2 years | 0,14 |
| 3 years | 0,14 |
| 4 years | 0,16 |
| 5 years | 0,18 |
| 6 years | 0,19 |
| 7 years | 0,20 |
| 8 years | 0,19 |
| 9 years | 0,15 |
| 10 years | 0,12 |
| 11 years | 0,10 |
| 12 years | 0,09 |
| 13 years | 0,09 |
| 14 years | 0,09 |
| 15 years | 0,09 |
| 16 years | 0,10 |
| 17 years | 0,13 |
| 18 years | 0,17 |
| 19 years | 0,23 |
| Equal to or more than 20 years | 0,40 |
The multiplication coefficients vary each year on the basis of the maximum amounts defined for these values in the General State Budget. The table shows the multiplication coefficients in force for transactions carried out between 1 January and 31 December 2024.
2º Apply the tax rate
Next we will apply to the Taxable Base the Tax Rate established by the Town Hall of Teulada, in this case, 30%.
- For further information, please consult the regulations governing the Municipal Capital Gains Tax in Moraira-Teulada.
Practical Case
Let us imagine that we have bought a house 15 years ago and the value of the land is 65.000 euros. According to current regulations, the coefficient to be applied for a period of 15 years is 0.09. Therefore, first we will have to multiply the value of the land (65,000 euros) by the multiplication coefficient assigned for a period of 15 years (0.09), obtaining as a result a Taxable Base of 5,850 euros.
Once we have obtained the Taxable Base (5.850 euros), we will apply the Tax Rate established by the Town Hall of Teulada (30%), obtaining a final Taxable Amount to be paid of 1.755 euros.
Capital Gains Tax in Teulada-Moraria: Actual Capital Gains Tax
The other system available for calculating the Plusvalia Municipal in Teulada-Moraira is the Plusvalia Real, a method that takes into account the capital gain obtained on the sale of the property, regardless of the number of years the seller has owned it. To calculate the rate using this method, we will have to apply the following steps:
1º Calculate the Capital Gain
First, we will calculate the Capital Gain by subtracting the value for which we bought the property from the value of the transfer.
2º Multiply by the % that represents the cadastral value of the land
Next we will multiply the Patrimonial Gain obtained by the percentage that the cadastral value of the land represents over the total cadastral value of the property to obtain the Taxable Base.
3º Apply the Tax Rate
Once the Taxable Base has been obtained, the only thing left to do is to apply the Tax Rate corresponding to the Town Hall in which the property is located.
- For more information, please consult the regulations governing the Municipal Capital Gains Tax in Moraira-Teulada.
Practical Case
Continuing with the same example that we have used in the practical case of the Objective Method, let us imagine that the property we want to sell has a cadastral value of 100,000 euros, we bought it for 110,000 euros and now we want to sell it for 140,000 euros.
First we will have to subtract from the value of the transfer (140,000 euros) the value for which we originally acquired the property (110,000 euros) , thus obtaining the capital gain of the operation, in this case, 30,000 euros. We will then multiply the Capital Gain obtained (30,000 euros) by the percentage that the cadastral value of the land represents of the total cadastral value of the property (65%) to obtain the Taxable Base, i.e. 19,500 euros.
Now we only have to apply the Tax Rate established by the Moraira Town Hall (30%) to the Taxable Base obtained (19.500 euros) to give as a result the final amount of the tax that we have to pay, in this case 5.850 euros.
Important
In the practical cases described throughout this article, the most advantageous Method for the taxpayer would be the Objective Method, however, this is not always the case. Everything will depend on the number of years elapsed between the acquisition of the property and its transfer and the capital gain obtained from the operation.
Other new features introduced by the Royal Decree
In addition to the two methods from which the taxpayer may choose to settle the tax, the Royal Decree of 2021 also introduced another series of new features:
- Only transactions in which there is a real capital gain, i.e. in which the transfer value is higher than the acquisition value, will be subject to liquidation.
- Transfers of dwellings that take place in less than one year will have to pay tax, unlike under the previous regulations.
Calculate the Capital Gains Tax in Teulada-Moraira
To calculate the Municipal Capital Gains Tax in Teulada-Moraira automatically, we remind you that you can use the Hispania Homes Municipal Capital Gains Calculator to automatically calculate what you will have to pay in Capital Gains Tax.
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On the other hand, if you have any doubts about the calculation of the tax or need real estate advice of any kind, at Hispania Homes we are ready to help you in the management of your assets.
