gibraltar stamp duty calculator

Estimate Gibraltar Stamp Duty

Enter your purchase details below to get a quick estimate of transfer duty and optional mortgage deed duty.

This tool is an estimate for planning purposes and does not replace legal or tax advice.

How this Gibraltar stamp duty calculator helps

When buying property in Gibraltar, one of the biggest “hidden” costs is stamp duty. Buyers often focus on deposit and mortgage payments, but transaction taxes, legal fees, and completion costs can quickly add up. This calculator gives you a fast estimate so you can budget with confidence before you make an offer.

The tool includes two common components:

  • Transfer duty on the property purchase price.
  • Mortgage deed duty (optional) based on your mortgage amount.

Rates used in this calculator

1) First-time buyer

  • 0% up to £260,000
  • 5.5% on full price above £260,000 (model assumption used in this calculator)

2) Main residence (not first-time)

  • 0% up to £200,000
  • £200,001 to £350,000: 2% on first £250,000, then 5.5% on the balance above £250,000
  • Above £350,000: 3% on first £350,000, then 3.5% on the remaining balance

3) Additional property / investment purchase

  • 3% up to £350,000
  • 3.5% on the amount above £350,000

4) Mortgage deed duty (optional)

  • 0.13% of mortgage amount

Example scenarios

Example A: Main residence at £300,000

Using the main-residence model, duty is:

  • 2% of first £250,000 = £5,000
  • 5.5% of next £50,000 = £2,750
  • Total transfer duty: £7,750

Example B: Additional property at £500,000

  • 3% of first £350,000 = £10,500
  • 3.5% of remaining £150,000 = £5,250
  • Total transfer duty: £15,750

Example C: Add mortgage deed duty

If your mortgage is £320,000, mortgage deed duty estimate is:

  • 0.13% × £320,000 = £416

What this estimate does not include

Stamp duty is only one part of closing costs. You should also budget for:

  • Legal/conveyancing fees
  • Bank arrangement and valuation fees
  • Government registration charges
  • Survey costs and insurance

Tips before you commit

  • Get a full cost schedule from your solicitor before exchange/completion.
  • Confirm whether your purchase qualifies for first-time or main-residence treatment.
  • Check if your lender requires any additional legal or documentation fees.
  • Keep a contingency fund so your cash flow remains comfortable at completion.

Important note

Tax rules can change. This calculator is designed for quick planning and educational use, based on the rate model shown above. Always confirm final liability with a Gibraltar-qualified solicitor, accountant, or tax professional before relying on any estimate.

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