advice on selling property

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06 Oct 2008 12:00 AM by julie123 Star rating. 5 posts Send private message

hi,
i have a house on the costa blanca(lo crispin algorfa)
i may have a cash buyer and was wondering how quick the sale could go through?
and what tax etc i need to allow for? any advise would be helpful! thanks



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07 Oct 2008 7:13 AM by mariadecastro Star rating in Algeciras (Cadiz). 9419 posts Send private message

mariadecastro´s avatar
If NIE numbers are in place, it can take one day.
You will have a retention of 3% of the price by the Notary to ensure the payment of  your Capital Gains.
You also ned to pay plusvalia ( a local  tax on the increase of value of urban properties).

Good luck,

Maria



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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