4% IVA Reduction maintained for 12 Months

Spain’s new Prime Minister Mariano Rajoy has got his first term off to a flying start by making some tough decisions in a rapid attempt to bandage the wounded Spanish economy. One decision that Rajoy made that will benefit the Spanish Property market is the extension of the reduced IVA (4%) for the purchase of new build homes in Spain. Rajoy claimed that the temporary measure made by Jose Rodriguez Zapatero to ...