If you are looking for information on how to buy your first home under 35 years old, congratulations! You are at the perfect time to benefit from a series of grants and tax reductions that the Junta de Andalucía makes available to you, especially if you live in Malaga or are thinking of moving here.
Here’s everything you need to know to make the most of the benefits available in 2025.
✅ Who is eligible for these grants?
Young people under 35 years of age who are going to purchase their first habitual residence in Andalusia are eligible for tax reductions and certain direct purchase aid programs, provided that certain requirements are met:
- Be under 35 years of age at the time of purchase.
- The property must be used as a habitual residence for a minimum period of time.
- Meet certain income limits.
- Not to have been the owner of another property.
💰 Reduction in ITP (Property Transfer Tax)
When you buy a second hand property in Andalusia, you must pay the ITP. But if you are under 35 years old, you can benefit from a reduction of 3.5% (instead of the general 7%), provided that:
- The value of the property does not exceed €150,000.
- The dwelling is intended as a habitual residence.
- Your annual income does not exceed €25,000 gross (individual) or €30,000 gross (joint).
Example: if you buy a house for €140,000, the savings in ITP could exceed €4,000.
🏠 Purchase aid for young people: Direct subsidy
The Junta de Andalucía, within the Plan Vive en Andalucía, provides direct financial aid to facilitate the purchase of a permanent home for young people under 35 years of age in municipalities of less than 10,000 inhabitants. Although not all the municipalities of Malaga fall into this category, some nearby towns can benefit.
💡 A mount of aid: up to €10,800 or 20% of the price, with a maximum per dwelling of €100,000.
🏦 Special mortgages for young people
Some banks offer mortgages with advantageous conditions for first-time home buyers under 35 years of age:
- Financing of up to 95% of the value of the property.
- Reduced interest rates.
- Lack of capital in the early years.
It is advisable to compare offers and have the help of a real estate advisor to choose the best option according to your profile.
🧾 Other advantages
- Deduction for investment in primary residence: if you signed your mortgage before January 1, 2013, you can continue to deduct it in the Renta.
- Reduction in AJD (Actos Jurídicos Documentados): when buying a new building, some communities have reduced rates in this tax.
📍 Buying a home in Malaga: a smart move
Malaga and its province offer a great quality of life, good communications and a varied real estate offer. If you are young and are looking for a place to start your life, this could be your moment.
🤝 Need help finding your first home?
In Irene Homes we advise you from the first step. Our team knows in depth the market in Malaga and surroundings and can help you find a home that fits your budget and, above all, your dreams.
We help you to understand all the costs, taxes and available aids, and we accompany you through the process from start to finish.
📲 Contact us today and we will help you buy your first home under 35 years old, with all the guarantees.
Irene Homes
More than 30 years of experience in the service of your dreams.
