Selling expenses: Plusvalía tax: Recent sentence by the Spanish Constitutional court (sentence of 16th of February of 2017).This sentence only refers to the Basque Country, but the writing is on the wall. We are expecting a sentence soon from the same Courts referring to the rest of Spain. You may not have to pay this tax when you
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When you finish paying your Spanish mortgage do not forget that you need to ask the bank to sign the cancelation deed and present it to the property register. Do not wait until you need to sell the property
Over 65 and selling my family home . The risk of loosing the claim of 100% exemption on Capital gains tax by doing things wrong. Question. I am English, resident in Spain , married, of 70 years of age and purchased a property 20 years ago in Mojacar in my name only. My intention
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The 6 questions we recommend you ask your estate agent before signing an estate agency agreement. 1. What type of contract do you use? There are many different types of contract and each has its benefits and draw backs. The contracts can be classified in two main groups with variations of each. Multi agency – You
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Selling a property. What will the solicitor do for me? If you wish to sell your property the most important thing is to secure that you receive the purchase price safely . In other words make sue that they is absolutely no possibility of you selling the property withoght receiving the agreed price as cleared
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Updated on the 8/3/2017 to take into account the changes introduced by sentence of 16 of February of 2017 the “Tribunal Consititucional ” which considers that the town halls should not charge plusvalía tax when the property is sold at a loss. QUESTION: I understand that if I sell my property I need to think
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HOW MUCH DOES IT COST TO SELL A PROPERTY IN SPAIN? Post updated 11/12/2017 Question: What taxes and fees will we have to pay if we sell our property in Spain? Answer: The situation varies depending if you are a resident or non-resident of Spain. (having a certificate of residencia comunitaria is not sufficient proof
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