Tax Rise On Spanish Property?

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This topic contains 3 replies, has 3 voices, and was last updated by Profile photo of Fuengi (Andrew) Fuengi (Andrew) 3 years, 2 months ago.

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  • #57788
    Profile photo of angie
    angie
    Spectator

    By chance I came across this recent rise in tax on Spanish property in a couple of regions of Spain and implications for sellers, with a comment from Mark, is this generally known? Spain seem intent on stifling it’s property market 😯 🙄

    Tax rise on Spanish property

  • #118177
    Profile photo of Anonymous
    Anonymous
    Participant

    This link doesn’t seem to work. Is it just me?

    In answer to your question, probably not. You would be amazed how few people do their research, and how even fewer people know about this website 🙁

  • #118178
    Profile photo of angie
    angie
    Spectator

    The link is working for me, I agree with your comments on this about sellers may have to reduce 2% to cover the increased tax that buyers will have to pay. I doubt that many will in reality, not on top of overall reductions already, it is another hit for buyers though 🙄

  • #118179
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    well those 2 regions have sizable debts, and the transfer tax is set by regional governments…. Shame though, I would have hoped the catalans would have had more ‘savvy’.

    Still 8% in Andalucia up to 400k though.!

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