Fee exemption has expired, but much remains to consider

The exemption from property registration fees has ended, but individuals who previously benefited must still adhere to ongoing notification and documentation requirements. The Notary Chamber has highlighted these continuing obligations for those who qualified for the fee waiver.

This exemption specifically applied to the registration fees for property ownership or mortgage rights in the land registry. It covered legal transactions for properties valued up to 500,000 euros, provided they were concluded after March 31, 2024. Crucially, the application for registration had to be submitted within the period of July 1, 2024, to June 30, 2026.

A key condition for the exemption was that the property must serve as the owner's primary residence, fulfilling an urgent need for housing. This meant properties intended for investment or rental purposes did not qualify. The initiative was designed to provide a boost to the construction and real estate industries, which have been facing economic challenges.