Is CGT in addition to normal income Tax?

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20 Sep 2006 12:00 AM by cockers Star rating. 6 forum posts Send private message

All
 
Below is a message from Sonia at Peinsa:
 
Tracy
 
 
With regard the pool area, as you can see on the brochure is located in the middle of the project, so will be ready by the middle of the project ( around 3 years ). But with a bit of luck the builder next summer will start working on that area.
 
With regard the community charges, we do not know exactly at the moment, but no more than 100 euros/ month, it will depend on what services the community will contract or not. Anyway, for phase 1 you only have to pay for lighting, security and the maintenance of only a green area, so the community charges could be lower ,and moreover your house it is not a big one so you have to pay less money. As soon as we estimate the community fees I let yo know.
 
The showhouses will be reay by December. Shortly I will send you some pictures.


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21 Sep 2006 3:11 PM by sharon15a Star rating. 3 forum posts Send private message

Hi Sonia

 

I have never bought off plan so can you just clarify something for me. If I was to purchase now for a property that would be ready for completion september 2007, would I then have to wait 2 years for the pool, restaurants and other facilties to be available to me  and would I be living in the middle of a building site for another 4 years. How would this effect my investment if I was hoping to rent the property out.

 

Many thanks

 

 



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