Transfer Tax

Blue Med Invest
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Condado de Alhama forum threads
The Comments
09 Nov 2012 20:37 by shill Star rating in Cwmbran S.Wales. 9 forum posts Send private message


      Can someone tell me what transfer tax is. and why we have to pay it on a new property?

                                  Thanks for all advice.



Like 0

Spam post or Abuse? Please let us know

10 Nov 2012 10:41 by lamangaclub Star rating in La Manga Club Resort. 79 forum posts Send private message

 Hi, the Region of Murcia charges 7% land transfer tax / ITP (impuesto sobre tansmisiones patrimoniales) for all propertieswhich are not bought directly from developer. On CDA most properties sold are by banks so even the place is new it is already second transmission you are due for that tax. The reason you pay tax is the law in Spain which says so, sure you have similar taxes in the UK. Hope this helps, Rupert

Like 0

Spam post or Abuse? Please let us know

11 Nov 2012 17:12 by underpar Star rating. 139 forum posts Send private message

The 7% Transfer Tax applies on Resales and is the equivalent of the Stanp Duty we pay in the UK (which varies between 0% and 7% currently depending on price of the property).

Like 0

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread

Previous Threads

Furniture Store in Al Kasar - 1 posts
Penthouse for 55k - 0 posts
directions from Corvera airport to condado - 5 posts
Golf 27th Nov - 0 posts
Ice cream parlour - 2 posts
Direct Debits - 3 posts
Technisat polaris sat receiver - 0 posts
Circuit breakers - 7 posts
Corvera Airport - 1 posts
Have we shot ourselves in the foot - 123 posts
bokao music and tapas bar - 15 posts
Los Alcazares Help - 4 posts
Bull ML Emails - 64 posts
Trains. - 1 posts
Iberdrola Price Hike - 2 posts
TV and Internet - 5 posts
2 Bed Apartments - 1 posts
Reserving on Condado - 9 posts
Guttering on 3 bed Jardin apartment - 4 posts
2 bed dimensions - 0 posts
Covers for upstairs patio furniture - 3 posts
Garden Presidents - 2 posts
Rental Potential - 9 posts
MAZDA 626 FOR SALE - 0 posts

3 posts were found:

1 |
Our Weekly Email Digest

This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x