- September 13, 2017 at 4:41 pm #216460
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 5 months, 1 week ago by CJ.
- September 15, 2017 at 3:08 pm #216492
Raymundo Larraín NesbittParticipant
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
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