Help?

To all you lucky people who have completed and are now in situ. When you completed and had to pay your final balance were you, despite the fact that it is illegal, asked to pay part of your balance in black money.  If you were and tried to object what reaction did you get from the solicitor and Taray. My concern is that the value of property that is partly paid in black money is  registered at lower than its value and the difference is liable to tax.

Pete &Mave

hi kevin

how many bedrooms do you have 2 or 3? as we are paying 166,000 euros for our house - 3 bed + taxes

vincent

Hi Vincent

We bought a 2 Bedromm Townhouse, back in March 2005 we paid 145,000.00 euros + 10% for all the other stuff that goes with it, fees etc  I dont know when you bought your house Vincent but our Neighbours who have a 3 bed Townhouse have just had theres valued and it was 166,510,46 euros.! Im not sure how much they paid for it but when we bought ours last year we were told via Parador and the Taray rep on site that the 3 bed townhouses were approx 160,000.00 euros if memory serves me right.

So im guessing you havent JUST bought because we were told at the time we got ours the development was SOLD out! I would say if you have just bought it the price sounds right, if you purchased it last year ie same time as the rest of us, it hasnt gone up much in value or at least it doesnt appear to have which I wouldnt be to pleased about.

If anyone who has bought a 3 bedroom townhouse is viewing this reply, how much did you pay for yours , last year?  The replies could help you out Vincent.

Good Luck