02 Nov 2023 8:21 PM:

Hi Windtaker, thank you for your message and for sharing your experience and advice.

Thread: Buying another spanish property

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01 Nov 2023 7:31 PM:

Hi Mariedav... thank you for your message which very much reiterates some information I have also now received for a Spanish lawyer...  your reply is somewhat reassuring to read this from another source, so thanks again. kind regards

Thread: Buying another spanish property

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01 Nov 2023 7:29 PM:

Hi Acer.  many thanks for your message..     wouldn't say we have spare cash we don't mind losing... but we do like what has been achieved in Estepona town and as we are now in 60s and hope to enjoy more time in Spain and we will enjoy this location more.  Newly built properties in this central, town centre location are not the norm, so hopefully it will have some premium when finished and hedge against any unforeseen mistakes in our judgement.  The CGT has been indicated as 3% on sales price of current property by a Spanish lawyer, (with no allowances for fees, etc (I'm non-resident)).  I am still hoping to get further clarification. 

Thread: Buying another spanish property

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01 Nov 2023 7:12 PM:

Hi Kavanagh, I am not reliant on the proceeds from my current property to complete the new purchase in 2025, kind regards

Thread: Buying another spanish property

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30 Oct 2023 12:08 PM:

I've decided to buy a second Spanish apartment in Malaga that will not be ready until 2025.

Thinking of keeping my current property until 2025 and moving some furniture and belongings to the new one.

I hear selling property can take a long time so am I wasting time now by waiting to market my current property?

Also considering what CGT liabilities might be for these scenarios?

Does anyone have any experience in buying whilst still owning a Spanish property?

Thanks

 

Thread: Buying another spanish property

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