Buying half a property in spain !!
| The Comments |
Does anyone know what the percentage in tax is on " GIFTING " a property in Spain?
0
Like
|
I would advise you to speak to one of the lawyers on this forum, Maria seems to be a very helpful person, but, as far I am aware the law still deals with gifting in the same way as a sale and you would have to pay the 7% plus notary and registry costs. As the second party would be reciving a gift I would pressume that they would be happy to cover these costs considering what they are receiving.
Kindest regards
Nick
0
Like
|
I know for a fact that it is a lot more than 7%, this is the main reason why so many people sell instead of gifting, it is a much more expensive process. The sale is an easy process and cheaper.
Joan
0
Like
|
Number of posts in this thread:
3
DISCLAIMER: All opinions posted on these message boards are the opinion solely
of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants
or agents.
1 |