- November 4, 2017 at 12:11 pm #217709
Hi, if I undertook a straight swap from my modernised apartment with car parking space and storage unit (3 properties?) for a larger but, dated apartment. Would I just have to pay notary fees for change of ownership? Would there be other taxes, costS? Thanks for your time.
- November 4, 2017 at 2:07 pm #217711
You would have to pay Transfer tax on the property
- November 4, 2017 at 11:32 pm #217712
Many thanks indeed. Do you know what rate if the value is considered the same?
- November 5, 2017 at 12:14 pm #217714
just for information,I would value both properties at 75,000 euros in Torrevieja outskirts area. Thanks for any advice. Trying to sell my property and then buying through the normal procedure not only is time consuming but, also the taxes and costs incurred almost doubles the difference in costs over the value of the other property and potentially makes the option not viable. Just trying to save costs if possible? Thanks in advance for any advice.
- November 19, 2017 at 12:01 pm #218114
Valencian Community: Raised from 8% to 10% in August 2013 with lower rates for certain resident groups like young buyers, disabled buyers, or buyers with large families
You would still have to pay Notary fees ans legal fees if using a solicitor but is you speak and understand Spanish you can do it your self I would not advise this
- This reply was modified 4 hours, 24 minutes ago by fpegman.
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