The ladder runs 6.6%, then 16.5%, then 26.4%, then 38.5%, then 41.8%, then 44%, then 46.2%, then 49.5%.
47%at the top of the ladder
The ladder runs 19%, then 24%, then 30%, then 37%, then 45%, then 47%.
Capital gainswhen you sell
Added to your other income
There is no separate rate: the gain is stacked on your other income in South Korea and taxed in the bands it reaches.
The ladder it joins runs 6%, then 15%, then 24%, then 35%, then 38%, then 40%, then 42%, then 45%.
Added to your other income
There is no separate rate: the gain is stacked on your other income in Spain and taxed in the bands it reaches.
Freeholt does not model a general income ladder for Spain, so the bands it joins are not shown here.
3% of the sale price is held back at settlement from a non resident seller. It counts against the bill rather than adding to it.
Annual property taxevery year you hold it
0.30%a year on the property value
0.66%a year on the assessed value
Charged on the official assessed value rather than the market price, which is typically nearer 50% of it.
Duty on purchaseone off, on the way in
2%averageof the price, on average
This headline is a national average. The published rule is regional or banded, so enter a price to see what it actually charges.
Acquisition tax priced from the statute (krAcquisitionTax): 1% to KRW 600m, INTERPOLATED from 1% to 3% across the 600m 900m band, 3% above. Multi home replacement rates of 8% and 12% and the local surtaxes are flagged, not priced. Formerly quoted as 1 to 3% (+ education/rural surtaxes); multi home heavy rates 8/12% not modelled. Holding: property tax 0.1 to 0.5% + CRET above thresholds (~0.3% of market used).
8%averageof the price, on average
This headline is a national average. The published rule is regional or banded, so enter a price to see what it actually charges.
ITP on a resale is set by the autonomous community and priced per region (ES_ITP_BY_COMMUNITY, with Catalonia on its own progressive ladder): 4% in the Basque Country to 13% at the top of the Catalan scale. A NEW build is outside ITP and pays 10% IVA plus AJD instead. ITP on resale is regional (~6 to 13%); new builds pay 10% VAT + ~1.5% AJD. IBI ≈0.4 to 1.1% of the valor catastral. Enter the cadastral value for an exact figure (≈50% of market assumed otherwise). A PROPOSED 100% non EU buyer surcharge is not law and not computed.
House pricesaverage change a year, last ten years
2.4%a year, on its own national series
The last 5 years: 2021 +15.7% · 2022 −0.1% · 2023 −5.6% · 2024 −0.2% · 2025 +0.7%.
Source: BIS residential property prices, nominal, national, local currency, fourth quarter over fourth quarter (FRED mirrors it as Q<CC>N628BIS).
6.4%a year, on its own national series
The last 5 years: 2021 +6.3% · 2022 +5.5% · 2023 +4.3% · 2024 +11.3% · 2025 +12.9%.
Source: BIS residential property prices, nominal, national, local currency, fourth quarter over fourth quarter (FRED mirrors it as Q<CC>N628BIS).
The same purchase in both
South Korea, on ₩1,340,074,803
₩40,202,244Duty on the way in
₩4,020,224Annual property tax
Spain, on €860,230
€68,818Duty on the way in
€2,839Annual property tax
Priced at $1,000,000, converted at rates of 2026-09-08 and held there so the example does not drift.
This is the country. Your own price, loan and years held are the other half.