Ibi and rubbish collection taxes
IBI is an abbreviation of “Impuesto sobre Bienes Inmuebles”, literally translated as “property tax”. However, it is better explained as the Spanish equivalent of “council tax” or “rates” that are paid every year to your local town council.
The amount will depend on the cadastral value which takes into account the classification of the land the property is built on and the size of the plot. Each Town Council has different percentages applied to this value and thus they may vary from one to another.
The payment is made at a period window of two months mainly during the summer term. We will direct debit of this payment to your bank account in order to avoid default and corresponding surcharge and interest.
Rubbish collection tax in reality is an excise paid to the town council which means it is meant to cover the cost of the service of removing the waste and disposing of it.
Each Town Council charges differently for this service depending on environmental factors and disposal of the waste.
The payment is made normally twice a year. We will equally direct debit of this payment to your bank account in order to avoid default and corresponding surcharge and interest.