Building via the principle of "autopromoción"
Dreaming of a bespoke villa in Spain built entirely to your taste? Then the concept of Autopromoción might be perfect for you!
With Autopromoción (self-build), you act as the developer of your own home: you purchase the plot and construct your dream property alongside an architect and builder.
In this new episode of House & Home in Spain, I clearly explain:
- What the concept of Autopromoción actually means.
- How taxes work (10% VAT on construction, and 10% ITP or 21% VAT on the plot depending on whether the seller is private or a company!).
- Key considerations regarding building licenses and special self-build mortgages (Hipoteca de Autopromotor).
Build your dream home on the Costa Blanca with total peace of mind!
Looking to buy a plot or explore the possibilities of building your own home in Spain? Send us a message at AP Properties Spain — we’re happy to guide you!
Don't forget to subscribe to our channel for weekly practical tips on living, buying, and building in Spain!