bargains/not possible

This topic contains 2 replies, has 2 voices, and was last updated by  Anonymous 4 years, 11 months ago.

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  • #57866

    Anonymous
    Participant

    could i ask please as i think im gobsmaked , have i read right on this forum , that if you offer a price for a property and you bag a bargain , then if the spanish goverment thinks its worth more , can send you a bill for the difference đŸ˜•
    how will anyone buy on that basis as its like a recession proof sale

  • #118720

    Anonymous
    Participant

    Not exactly a bill for the difference, but yes, a tax bill on the difference. So if they think it was work €50,000 more, then assuming it was a resale in Valencia (10% ITP), they will send you a tax bill for €5,000 regardless of what you really paid. Very low grade behaviour.

  • #118721

    Anonymous
    Participant

    sureley the idea then is to buy as low as you can almost in the worst ever crash like bottom fishing for shares

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