WATER TANK **In compliance with the information obligations established by Law 10/2025 of 28 December on customer service and transparency, as well as the applicable sector-specific regulations currently in force, it is hereby stated that the indicated sale price does not include the expenses and taxes inherent to the acquisition of the property, which shall be borne by the purchasing party and are detailed below:**&# TAXES PAYABLE ON RESIDENTIAL PROPERTIES&#&# First transfer  new build properties &#&#&# Value Added Tax  VAT **10%  General Rate :**Applicable to the vast majority of newly built residential properties, including up to a maximum of two parking spaces and any annexes transferred together with the property within the same building.**4%  Reduced Rate :**Applicable exclusively to Officially Protected Housing  VPO – *Viviendas de Proteccion Oficial*  under a special regime or publicly promoted housing programmes.Further information: Stamp Duty / Tax on Documented Legal Acts  IAJD **1.4%  General Rate :**This is the standard rate applicable to public deeds of sale and purchase of newly built properties subject to VAT.**0.1%  Super-reduced Rate :**Special tax benefit applicable when the newly built property is intended to be the purchaser’s first habitual residence.The current applicable rates, including the latest tax updates introduced by the Generalitat Valenciana, are detailed at: Second transfer  resales / second-hand properties &#&#&# Property Transfer Tax  ITP – *Impuesto sobre Transmisiones Patrimoniales* The applicable tax rate in the Autonomous Community of Valencia shall be **9%**  generally , without prejudice to reduced rates of **8%, 6%, 4% or 3%** that may apply depending on the purchaser’s personal circumstances or the characteristics of the property.The tax is assessed on the **Cadastral Reference Value  Valor de Referencia del Catastro ** or the sale price, whichever is higher.For comprehensive information regarding the operation, tax rates and tax benefits applicable to ITP in the Valencian Community, please consult the official website of the Valencian Tax Agency at: TAXES PAYABLE ON COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES&#&# First transfer  new build  of commercial premises, industrial units or officesWhen the seller is the developer, builder or a business entity carrying out the first transfer, the transaction is subject to:* **VAT at 21%**  If the purchaser is a business/professional entity entitled to VAT deduction, the VAT paid may be recovered. * **Stamp Duty / Tax on Documented Legal Acts  AJD  at 1.4%**---&#&# Second transfer of used commercial premises, industrial units or officesWhen the transaction is not subject to VAT, the purchase is subject to:&#&#&# Property Transfer Tax  ITP * **9%** on the taxable base up to **€1,000,000*** **11%** on the amount exceeding **€1,000,000**---&#&# Second transfer between businesses with waiver of VAT exemptionThis remains one of the most common transactions involving industrial units, office buildings and commercial premises acquired as investments.Where the waiver of VAT exemption applies, the transaction is subject to:* **VAT at 21%*** **Stamp Duty / AJD at 1.4%**If the purchaser is a business entity entitled to VAT deduction, the VAT paid may be recovered.---&# COMMON EXPENSES APPLICABLE TO RESALES, NEW BUILD RESIDENTIAL SALES AND SALES OF COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES&#&#&# • Notary FeesNotarial fees shall be calculated in accordance with the official tariff regulated in Annex I of Royal Decree 1426/1989 of 17 November, approving the Notarial Fee Schedule.&#&#&# • Land Registry FeesRegistration of the property transfer at the Land Registry shall be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989 of 17 November.&#&#&# • Administrative Management Fees  Gestoria Fees for administrative processing, tax settlement and registration at the Land Registry amount to approximately **€423.50  VAT included .**&#&#&# • Estate Agency FeesIncluded in the advertised sale price  PVP  and paid by the seller.&#&#&# • Buyer’s Estate Agency FeesPlease be advised that, in certain cases, professional fees may be payable by the purchaser where they have contracted property acquisition services  **PSI – Personal Shopper Inmobiliario** .**These fees are not linked to the purchase price of the property and are not included in it.**