Do I have to pay VAT when purchasing property?
No. Real property is VAT-exempt by default.
However, when purchasing off-plan, brand new property for the first time, there is VAT on the price. This can be reclaimed by a company registered for VAT.
In some cases, when property has been purchased and is being resold by a company, it will add VAT to the price, but this only applies to commercial property.
