From January 2012, the Stamp Duty in Valencia Region has been increased from 1 % to 1,2%.
This tax is paid in the following transactions:
– Purchase of new properties
– Mortgage credits
– Declarations and modifications of deeds (New Bildings, Setting up of companies, Disolution of co-ownership, etc.)
This increase is not definitive, and will be kept till December 2013. In this date, the Valencian authorities will decide to keep it or modify it.