How much do you pay for IBI in Moraira?
If you are considering buying a home in Moraira, it is important to know the costs associated with the property, including council taxes. One of the most important taxes that owners must pay is the Real Estate Tax (IBI). In this article, we will answer the question: How much is IBI paid in Moraira?
IBI in Moraira: What is it and what is it used for?
The Property Tax (IBI) is a municipal tax that must be paid by property owners. It is used to finance the municipality's public services, such as street lighting, street and garden cleaning, and other municipal services.
The IBI is based on the cadastral value of the property, which is a value determined by the City Council according to a series of criteria, such as location, size and type of property. Each year, the City Council sets a rate that is applied to the cadastral value of the property to determine the amount of IBI to be paid.
This question is asked by many buyers when they start looking for villas for sale in Moraira or any other type of property.
How much is IBI paid in Moraira?
The amount of IBI in Moraira varies according to the cadastral value of the property and the rate set by the City Council. According to the data provided by the City Council of Teulada-Moraira, the IBI rate in 2021 was 0.60%, but depending on the type of property, area, meters, value, etc ... the IBI will vary. You can get an estimate of the amount to pay for the IBI in Moraira in this calculator found on the SUMA website.
To calculate the amount of IBI to be paid, you must first know the cadastral value of the property. You can find this information on the IBI receipt of the previous year or at the Cadastre Office of the City Council. Once you know the cadastral value of the property, simply multiply this value by the IBI rate of 0.60% to calculate the annual amount to be paid.
For example, if the cadastral value of a property is € 200,000, the calculation would be as follows:
€200,000 x 0,60% = €1,200 per year
It is important to note that the IBI is paid annually and the receipt is sent to the owners in the month of September.
Can I get a discount on IBI in Moraira?
Yes, there are some discounts available for homeowners in Moraira. For example, if the property is the habitual residence of the owner, you can get a 50% discount on the IBI. Discounts are also available for rustic properties and for properties that have solar or wind energy installations.
In short, the IBI in Moraira is a major tax that homeowners must pay. The amount varies depending on the cadastral value of the property and the rate set by the City Council, but discounts are available for properties that meet certain requirements. If you have further questions about IBI in Moraira, do not hesitate to contact your trusted real estate agent in Villas Buigues.