03 Sep 2011 2:25 AM:
The best way to set the minimum price of the property in the deed in order to avoid future re-liquidation of taxes: it is necessary to apply to the "valor catastral" (the reference value for the IBI tax) a rate that every "comunidad autónoma" fixes every 1st January and it is published and managed by the Consejería de Hacienda of each comunidad autónoma (Andalucía, Catalunya, Madrid, Comunidad Valenciana, etc.).
For example:
A catastral value of a property in Barcelona of 100.000,00 Euros has to be multiplied by 2,90 (according to the figures published for 2011 for Catalunya and specificly for Barcelona): 290.000,00 Euros.
Suntrap Property.
Thread:
WHAT IS THE PRICE PER SQ MT FOR RESALE PROPERTY INLAND ALICANTE
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