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 😕
how will anyone buy on that basis as its like a recession proof sale
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.