Reduction in property transfer tax from 8% to 7%
For whom?
- entrepreneurs who want to rent out (more) properties
- investors in rental properties
- investors in new-build properties
What changes?
Are you planning to buy properties to let, or are you already investing in rental properties? The standard rate for property transfer tax will be reduced from 8% to 7% on 1 January 2027.
This rate applies to properties that you do not use as your main residence. For example, rental properties that you purchase as an investor. The rate for other immovable property, such as business premises, will remain the same.
When?
The reduction in the standard rate of property transfer tax is expected to take effect on 1 January 2027.