If you are going to sell a property in Fuerteventura after January 1, 2025 new coefficients are applied.
Depending on the years of possession of the property prior to the date of transfer, the amounts vary.
In the 2025 update, those who acquired the property 20 or more years ago will benefit, since a lower coefficient will be applied than in previous revisions.
What is Capital Gains?
The tax on the Increase in the Value of Urban Land (IIVTNU), known as “municipal capital gains tax“, is levied on the increase in the value of urban land at the time of its transfer, whether by sale, inheritance or donation.
The current regulations in Fuerteventura have been adapted to the provisions of Royal Decree-Law 26/2021 and the recent jurisprudence of the Constitutional Court.
Not all real estate transactions have to pay capital gains and there are situations in which you can claim the payment made, we recommend that you consult with a real estate specialist in your area, such as Destiny Home, real estate consultants in Fuerteventura, to present your case..
It is important to get information and consult before the transaction, in order to receive the best real estate advice.
In addition, we offer you free access to a Plusvallía calculator, with the updated coefficients for Fuerteventura.
Main changes in capital gains tax in 2025
- Adaptation to market reality: Now the tax base can be calculated by means of maximum coefficients adjusted annually or by means of a direct estimation system, if it is more beneficial for the taxpayer.
- Exemptions and cases of non-subjection:
- The tax does not apply when there is no increase in the value of the land. In order to prove this situation, the acquisition and transfer deeds must be provided.
- Specific exemptions include transfers between spouses, inheritances to children or cases of marital nullity.
- Bonuses:
- Up to 95% for the principal residence and an additional property of the testator, depending on the cadastral value.
- Different percentages applicable depending on the value of the land.
- More flexible management:
- Taxpayers may choose to file a return or self-assessment.
- The deadlines vary: 30 working days for inter vivos transfers and 6 months (extendable) in cases of inheritance.
- Precise regulation:
- Specific rules are included for cases such as usufructs, surface rights and compulsory expropriations.
- The tax rate is 30% applied to the taxable income.
Who pays the capital gains tax in Fuerteventura?
The seller is the one who pays the capital gain on the sale of a property. However, it can be agreed between the parties that the buyer pays the capital gain.
If it is a donation, it is the person receiving the donation who has to pay;
In the case of inheritances, it is the heirs who pay the municipal capital gains tax.
Recommendations for owners in Fuerteventura
- Before transferring a property, check if you are exempt or if you are entitled to a tax credit.
- Use tools such as online calculators to simulate the amount of the capital gain.
- If in doubt, consult with specialized professionals to choose the most favorable calculation option and properly manage the return.
This regulatory change reinforces the transparency and fairness of the tax, adapting it to the real circumstances of each taxpayer and the real estate market.
Table of coefficients for capital gains tax
Depending on the years of ownership of the property prior to the transfer, the applicable percentages vary.
Table of values to calculate the capital gain in La Oliva, Corralejo, or Puerto del Rosario (Fuerteventura)
| Generation period in years | Coefficients to be applied in 2025 |
|---|---|
| Less than 1 | 0,16 |
| 1 | 0,15 |
| 2 | 0,15 |
| 3 | 0,15 |
| 4 | 0,16 |
| 5 | 0,18 |
| 6 | 0,20 |
| 7 | 0,22 |
| 8 | 0,23 |
| 9 | 0,21 |
| 10 | 0,16 |
| 11 | 0,13 |
| 12 | 0,11 |
| 13 | 0,10 |
| 14 | 0,10 |
| 15 | 0,10 |
| 16 | 0,10 |
| 17 | 0,12 |
| 18 | 0,16 |
| 19 | 0,22 |
| 20 or more | 0,35 |
Calculate the amount of the capital gain in 2025
At Destiny Home we have updated the new coefficients so that they are reflected in the capital gains calculator. This allows you to know if there is an increase in value of the land in the transfer and assess what is the taxable base more favorable to your interests before making the self-assessment of the municipal capital gain.
These are the data you need to make the calculation:
- Total cadastral value
- Cadastral value of land
- Acquisition price
- Transmission price
- Years of home ownership
Fuerteventura capital gain calculator with the 2 methods: Actual capital gain and Direct objective method.
Objective system: taxable base = the cadastral value of the land x coefficient.
System of direct estimation of increase in value: taxable base = comparative of the value of the land declared or verified at acquisition and at transfer).
You can access to make your calculations freely and free of charge. It does not require any type of authentication and/or electronic signature.
Note: this is an estimate and does not include all possible cases.
Online Capital Gains Calculator Fuerteventura
If you are thinking of selling a house in Fuerteventura, we can help you.
We specialize in home sales and purchases, tax calculations and proper document management.
Municipal Capital Gains Calculator in Fuerteventura: Calculate online, free and instantly how much you will have to pay.
