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6h ago

Notarial Data Show Inheritance and Gifts Are Now a Major Route to Housing in Spain

Fresh figures through mid‑2025 point to steady volumes of transfers, with Galicia’s life‑inheritance pacts prominent under favorable tax treatment.

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Overview

  • In Galicia, 176,640 inheritances were accepted between 2018 and 2024, including 110,948 with one or more homes, and the first half of 2025 tracked closely with the same period in 2024.
  • In Castilla y León, 78.2% of 157,441 inheritance acceptances from 2018 to 2024 included housing, and H1 2025 counts were broadly in line with a year earlier.
  • Across Spain, more than 11 million notarial acts related to older people were authorized from January 2017 to July 2025, with 2024 dominated by open wills, inheritance adjudications and donations.
  • Galicia has recorded 150,009 succession pacts since 2018, including 20,604 in 2024, while donations remain less common there due to tax advantages for these life‑inheritance agreements.
  • Policy frictions continue as Galicia presses for purchase‑support in the new state housing plan and the Finance Ministry’s proposed minimum tax on inheritances and donations could alter regional incentives.