transfer tax

This topic contains 2 replies, has 2 voices, and was last updated by  marionlucyg 7 months, 1 week ago.

  • Author
    Posts
  • #224438

    marionlucyg
    Participant

    Is it difficult to transfer ownership of an apartment in Mallorca and how much is it likely to cost?

  • #224543

    Mark Stücklin
    Keymaster

    It’s not difficult assuming there are no planning problems or charges to sort out. The costs are mainly gift tax, notary, registry and legal fees.

  • #224547

    marionlucyg
    Participant

    Thank you Mark,

    Will you explain gift tax to me, please.

    Thank you.

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