28 Jul 2018 3:20 PM:

Hi, my wife and I have lived in Moraira for about 20 years. My mother has lived in the Torrevieja area for around 40 years but recently died.

I have just (early 2018) inherited my mother's house in Torrevieja. The declared value is 90,000 Euros, and since she bought it in 1996 the value has naturally increased. The total value of the inheritance is under 100,000 Euros so there's no inheritance tax.

I now want to sell the house and the agent and my lawyer in Torrevieja have told me that I must pay the Plusvalia tax. But my lawyer in my home town of Moraira who handled the inheritance tells me that I should not pay it because the town halls and Suma are still finalising the issue in the courts of the payment of Plusvalia when the sale of a property is at a loss. This may also influence inherited property, and Suma may or may not seek the payment at a later date.

I am very confused what to do. A third lawyer has told me that I must pay, but my own lawyer is still adamant that I should not.

Does anyone have recent experience, knowledge or advice regarding payment of Plusvalia on property that you have just inherited?

 

This message was last edited by PhilMoraira on 28/07/2018.
Thread: Plusvalia on Inherited Property

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