Buying 3 Apartments in Malaga to Rent

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    • #216460
      CJ
      Participant

      I’m looking into buying three apartments in Malaga each with two bedrooms to rent out. What sort of taxes will I incur purchasing these properties – will taxes be more as I’m buying more than one property? Also once purchased how much will local/property taxes be if each apartment costs around €70,000. Any help would be great, thanks.

      • This topic was modified 2 years, 8 months ago by CJ.
    • #216492

      Hi,

      The amount of taxes you pay will depend on whether the property is classified as a resale or offplan. It will also depend on the declared sales price.

      Take a look at my article which will give you a good idea on both the maintenance expenses and taxes on buying: Taxes on buying Spanish property

      Taxes on Buying Spanish Property

      Regards

      • #216534
        CJ
        Participant

        TI’ll have a read and get back to you if any questions. Thanks for your article.

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