How to know Cadastral Value
El Cadastral value It is fundamental information for any owner of a home or property in Spain. This value, which is determined by the General Directorate of the Cadastre, serves as a basis for calculating various impuestos and property-related taxes. Knowing the cadastral value of your property is essential to manage your tax obligations and plan your finances.
In this article, we will guide you through the process to find out the cadastral value of your property. We will explain the available methods and the steps to follow to obtain this crucial information. In addition, we will provide you with useful advice to better understand the meaning and importance of the cadastral value in the context of the real estate taxation.
Methods to Obtain the Cadastral Value
There are several methods to know the cadastral value of your property. Below, we present the most common and accessible options:
- Online consultation: The General Directorate of the Cadastre offers an online service that allows owners to access the cadastral information of their properties. You only need to have on hand the cadastral reference of your property, which you can find on the Real Estate Tax (IBI) receipt or in the property deed.
- Cadastral certificate: You can request a cadastral certificate at the Cadastre office corresponding to your municipality. This official document contains all the cadastral data of your property, including the cadastral value.
- Consultation at the town hall: City councils also have access to cadastral information on properties located in their territory. You can go to the corresponding municipal office and request information on the cadastral value of your property.
Steps to Consult the Cadastral Value Online
If you opt for the online consultation, follow these steps to obtain the cadastral value of your property:
- Access the Electronic Headquarters of the Cadastre through its official website.
- Select the option «Cadastral Data Consultation» in the main menu.
- Choose the type of search you want to perform: by cadastral reference, by address or by polygon and plot.
- Enter the data required depending on the type of search selected.
- Check the information displayed and locate the Cadastral value in the cadastral record of your property.
Importance of Cadastral Value
The cadastral value has great relevance in the field fiscal and tax. From this value, various taxes and fees related to real estate are calculated, such as the Real Estate Tax (IBI), the Tax on the Increase in Value of Urban Land (IIVTNU) and the Tax on Asset Transfers and Documented Legal Acts (ITP and AJD).
Furthermore, the cadastral value is also used as a reference in other situations, such as mortgage application, the valuation of real estate in judicial proceedings or the determination of compensation in cases of expropriation.
Cadastral Value Update
It is important to note that the cadastral value is not a fixed value and may undergo modifications over time. The General Directorate of the Cadastre carries out periodic reviews of the cadastral values to adapt them to the reality of the real estate market and urban changes.
If you consider that the cadastral value of your property does not reflect its actual value, you have the possibility of filing a claim with the Cadastre. To do this, you must provide evidence and documentation that justify your request to review the cadastral value.
Knowing the cadastral value of your property is essential to comply with your tax obligations and have control over the taxes associated with your property. Use the methods described in this article to Get this information easily and quickly. Stay up to date with cadastral value updates and do not hesitate to file a claim if you consider that the assigned value is notadequate.