25 % of the cost is taxes and value -added tax that weighs more
Part of what is paid to the house is taxes. In this part of the cost of real estate, the Institute of Economic Studies (IE) concentrated, which was published on Tuesday Monolithic On taxes Dwelling. From the accounts of the Real Estate Corridors in Madrid (ASPRIME) and a reference to a protected house of 140,000 euros, the report of the Studies Center CEOE He indicates what 25 % of the total cost of the property of these properties are taxes.
In this case, IE understands an actor, the average financial burden is a quarter of the price of the home, because it is in the global account They add different taxes. According to the analysis, The person with the largest weight is Eva. They calculate that it represents 36 % of the total tax burden and It is 9 % of the final price of the property. Only in the new construction properties, this tax is applied, whose type is 10 %.
Continue in the same example, the study indicates that in the promotion of a protected house of these characteristics, the company’s tax and AjD tax tax (AJD) They also have a “large” weight, together 34 % of total taxes and represent 8.4 % of the final price. It must be clarified that it is an estimate, because the amount of this last tax tax varies according to independent societies. IE’s study indicates that the highest type is 1.5 % and It can accumulate until seven different occasions during the operation For promotion and financing, every time a document is registered before the notary.
From this example, IEE argues that taxes are an “important” part of the final price of the house. “This financial pressure is not only The access to the housing protected increases increases, but it also affects the ability of citizens to buy and profitable Among the promoters, “the report warns. In this line, the study, which was published on Tuesday, also includes an estimate of the tax burden on the promoter and pressure supported by Jupiter, respectively, by 10 % and 8.74 % of the total cost.
“It is surprising that there is a good need for them from a financial point of view,” “President IEE, íñigo Fernández de Mesa, estimated at the press conference for presentation. “If we are really worried about goodness, there is no meaning to punish it a lot,” General Manager of the Center for Studies, Gregorio Eiskoiredo.
The report is ruled as an insufficient public investment in housing compared to 52,000 million euros annually indicating that public administrations were raised by taxes related to these goods, which is equivalent to about 3.5 % of GDP. “This size contradicts the weight within the total spending on the general departments of housing policies, 0.5 % of the gross domestic product, which would show importance in terms of achievement that contains this type of real estate for all departments and Less weight for public policies with regard to housing within the priorities of public sector spending.The text argues.
The Center for Employers’ Studies estimates that in the next fifteen years, until 2040, Spain will need to build 2.2 million homes to give a roof to the new homes formed, a volume of real estate that requires an investment of about 380,000 million euros. “Not only can this be done from the public sector. In the opinion of Fernández de Mesa, high taxes do not contribute to attracting the special investment needed to stand on homes.” Spain is absolutely an attractive country for international investors, which can play an important role. We must have a more private sector. “
In addition to taxes, the report is mentioned as another basic element for building housing and determining its final price, which is the raw material that the sector feeds on. According to ASPRIMA estimates, in the case of a protected house of 140,000 euros, the cost of this component exceeds 30 % of the total price of the property before taxes and can reach half of the final amount. For this reason CEOE Studies Center He calls for the liberation of the soil. “The land is more expensive because the transformation of the landable lands is used as a way to finance municipal and self -authentic tanks,” the report criticizes.
