The real estate transfer tax in the Balearic Islands has a variable rate, from 8% to 10%. Amongst Spanish regions the maximum tax bracket vary between 6% to 11%.

Up to 400.000 Euros the tax rate is 8%. From 400.000,01 to 600.000 Euros it is 9%. From 600.000,01 Euros onwards the rate of 10% is applied.

Detached parking spaces, which are not connected to the apartment, are taxed with 8% but this only up to a value of 30.000 Euros. What exceeds this amount is taxed with 9%. Attached parking places are admitted in the unique tax base till 2 units per apartment.