transfer tax

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    • #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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