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Imagine for a minute, you're in your car, headed home along the beautiful Spanish coast and pull into your winding drive towards your stunning villa. It's the middle of the summer and the afternoon sun is keeping the Costa del Sol's reputation of heat, but you aren't worried because you will be jumping in your private swimming pool and sipping ice cold Margaritas prepared in your outdoor kitchen in a matter of minutes. When night falls and you've finished eating dinner by sunset on the terrace you can retire to the fully air conditioned house and enjoy the rest of your evening.
Based on property / land value of £2,400,000 there will be an approx of £ Stamp Duty due.
Less than £250k
£250k to £925k
£925k to £1.5M
Over £1.5 million
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
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