When you go to buy a flat you know that prices change. People set the price of these based on various factors. But perhaps one of the ways to really know how much that apartment, house, premises... is by choosing to calculate the cadastral value online. And it is that this can give you an idea of how they value it in the public administration.
Do you want to know how to do it? And thus have a price by which the public administration and the Ministry of Finance are governed? Then we are going to explain everything you should do. Are we going to mess?
Catastral value and sale value, is it the same?
The cadastral value can be defined as the valuation made by the Cadastre of a real estate. This can be an apartment, a house, a rustic house, a local… The objective is to give an economic value to that good, but without being able to affirm that it is the market value (because this is the price of that house at the real estate level, not cadastral).
Now, that only takes several aspects into account, but not on a decorative level. In other words, it only sets a base price, but it is possible that the sale price or value is much higher because it has been built, renovated, decorated in a certain way... which gives it a higher value for the improvements that have been made. do.
In Spain, every home has a unique code that identifies it as such. In other words, it is as if it were the DNI of a house, since that number would only correspond to it. And this is what allows us to see in the Castastro the value it would have according to the Treasury. And it is the one that this administration uses to calculate taxes (specifically, the Real Estate Tax, IBI).
How to calculate the cadastral value online
Calculating the cadastral value online is quite easy, since with just a few steps you can know what the cadastral value of your home is. As? We explain it to you.
Get the cadastral reference
The first thing you need to calculate the cadastral value online is to obtain the cadastral reference. This can appear on the IBI receipts but, If you don't have any on hand and you need to know it as soon as possible, it is best to go to the Cadastre website. You can access it through the electronic Office.
Once there, you have to click on the "Property search engine and cartographic viewer" button.. Here what you will do is look for the house of which you want to know the cadastral value. To do this, you must enter the street and the number, block, staircase, floor, door... (as necessary), the province and the municipality. With this you can move on.
Give it a little time and when you can confirm it, a website will appear with certain data, including the cadastral reference which will be the one you should copy to be able to go ahead and calculate the cadastral value online.
Calculate the cadastral value online
When a person does not own a home, the only data they can access are:
- location;
- cadastral reference;
- surface;
- use or destination;
- type of cultivation or use;
- construction quality;
- and cartography.
Only the person who owns the property can know the cadastral value of that home. This is basically used for three things:
- Be the tax base of the IBI or Property Tax.
- Be the basis of the municipal capital gains (also known as Municipal Tax on the increase in the value of urban land, IMIVTN).
- To be applied to the Property Transfer Tax (ITP), Wealth Tax and inheritance and donation tax.
That being said, if you are the owner of the homeThe steps you must take are the following:
- Go to the Cadastre website and look for the "Reference value" section there. There you will land on a website where you will have access to much more information about real estate.
- Choose "Query the reference value". Now you will have to access by electronic ID, digital certificate or key, since only the person who owns the home can access that information.
- Once inside, you will have to report the purpose you have for knowing this data. It offers you several options, from informational effects to taxation. Choose the one that interests you the most and fill in the information it asks for (among them the cadastral reference). Do not forget to confirm the reCaptcha so that you can access the data.
- Almost at the end, where to put cadastral reference value, We will obtain the online cadastral value that you were looking for.
Another option that you have is by calling by phone or with a video call, in which they will ask you to provide the data to verify that you are the owner of that home and thus be able to tell you what you need. Of course, In the physical offices of the cadastre they would also give you the information.
Can the cadastral value be calculated online in another way?
The truth is that yes. If you have an IBI receipt, you can calculate the cadastral value with this. And the formula is easy, all you will need is a calculator (in fact, on the Internet you can find websites that help you calculate it through special calculators where, by entering what is paid and the municipality, they can tell you).
The operation that you would have to do to calculate the cadastral value online is simple: divide what is paid in tax by the lien.
Let's give an example:
Imagine that you have paid 300 euros of IBI tax. And the city council always applies a tax of 1,5%. Therefore, you would have to divide 300 by 0,015. Which gives a result of 20000. This would be the cadastral value that your home would have, 20.000 euros.
Normally, the tax applied by the City Council must appear on the IBI receipts. Even so, in case you can't find it, you can always make a call and that they give you that data (which must be public) to be able to calculate it.
Keep in mind that calculating the cadastral value online is not going to help you much more than to know what is the price that the public administrations put on your house, being the minimum to ask, but it will not really be the market value nor will it be the value for which you would put your house for sale. Is it clearer to you now how to get that data?