How Much Tax Do You Pay On Property In Spain - Propertysotogrande.Es
Amid the continuing dreary news agenda in some quarters lately, many of us could do with new dreams to chase. And for many of us, one of the biggest dreams is acquiring a home in Spain of our very own, perhaps with the help of a leading real estate agency in Sotogrande like those advertising their listings through our own online property portal. But even if you have been browsing the latest properties for sale via Property Sotogrande, it is important to bear in mind that you won’t just be paying the ‘headline’ purchase price if you do decide to buy. Taxes and other costs can add a further 10% to 15% to the amount you pay for a Spanish home, apartment or villa overall. So, what are the taxes you can expect to pay, and at what level? The exact taxes you pay when buying will depend on a range of factors If you are looking to buy a Spanish property, as a broad rule, you can expect to pay between 8% and 11.5% in taxes as part of the purchase transaction. But exactly what you ...