Complementary tax - Spanish property purchase
Sunday, October 2, 2011 @ 11:41 AM
I am following a thread just posted in another forum, a local one to me in Torrevieja, Costa Blanca. The subject will worry many!
"Anyone heard off this? The Valencia goverment are looking at house purchases in the last 4 years. Anyone buying a house under market value will be getting a letter.
I bought my villa cheap , for example £100k , they say its value is £150k so they want 7% of the differance ie 7% of £50k
I can appeal which I'm going to do but the solicitor want €1000 and theres no guarantee I'll win."