APPLICATION FOR A PROPERTY TAX REDUCTION IN BENITATXELL
© written by Pepe Blas
Dear residents,
As you may recall, the 2024 cadastral revaluation, carried out on the initiative of the Council, came into force in 2025. The cadastral values of our properties have tripled on average and, as a result, so has the amount of property tax.
OVFC does not comment on the need to update the previous cadastral values, which have been in force since 1994; however, to offset the sharp increase in the tax base for property tax, the local council may (and should) reduce the tax rate, in addition to applying the tax base reduction coefficients until 2034.
Since 2025, the Council has been collecting over 500.000€ extra each year and similar increases in revenue are expected every year until 2034. A gradual reduction in the tax rate would alleviate the increased tax burden we have been bearing since 2025 and which we will continue to endure until 2034.
OVFC therefore requests to make public the Economic and Financial Report on the Budgetary Impact of the phased reduction in the property tax (IBI) rate from the current 0.8% to the legal minimum of 0.4% in light of the excess revenue not offset by the application of the reduction coefficients applicable until 2034 and the cash surpluses of recent years.
What should we all do?
- The taxable base for property tax is derived from cadastral statistics, and the estimate is calculated by taking into account the current reduction coefficients to the taxable base for the period 2024 to 2034.
- The green color represents property tax (IBI) revenue prior to the 2024 cadastral revaluation.
- The red colors represent projected revenue following the 2024 cadastral revaluation.
- Benitatxell has the highest average cadastral value in the province of Alicante and ranks 27th nationally.
- In 2024 the year prior to the entry into force of the cadastral revaluation, 2.554.232€ in property tax was collected by the Council.
- From 2034 onwards the Council will collect 8.018.576€ in property tax (IBI), assuming a tax rate of 0.8%.
- Between 2019 and 2026, the tax rate has been reduced by a mere 0.05 over the course of seven years.
- The local council can legally halve the current tax rate from 0.8% to 0.4%
- Even if the minimum rate of 0.4% is applied to the property tax base, from 2034 onwards, tax revenue will be substantially higher than the amount collected prior to the 2024 cadastral revaluation.
- In the neighbouring municipalities of Teulada-Moraira and Benissa, the property tax rate stands at 0.51% and 0.65% respectively.
- The cadastral value of all properties in Benitatxell in 2024 was 319.279.000€
- Following the 2024 cadastral revaluation, the value of the properties tripled, reaching 1.002.322.000 € with Cumbre del Sol being the area with the highest increases.
- VAPF has filed an appeal against the 2024 cadastral revaluation with the Economic and Administrative Court. The appeal is pending a ruling.
- In 2026, property tax revenue will account for 35% of total revenue
- If the Council is going to triple its revenue, the very least it should do is explain how it intends to spend that money or publish the timetable for reducing the tax rate. Doing neither one thing nor the other isn’t playing fair.
- Property tax rates in the Marina Alta (2026)




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