Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Spain imposing new property tax on overseas residents › Re: Re: Spain imposing new property tax on overseas residents
Not new they have always done it in times of falling prices. Happened to us in 1995. The tax authorities have a price for that property and they won’t budge despite many lawyers saying different. We paid around £60,000 each for 2 houses from a bank, tax mafia valued them at cerca £85,000. Our Lawyer advised us not to bother appealing even though he was going to charge a 1000 euro to do the appeal. Fortunately we had an honest Lawyer!