Apartment swap

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27 Nov 2018 7:45 PM by Rumbletum Star rating. 10 posts Send private message

Hi, I have looked at the other posts and cannot find anything so hopefully this is in the right place.

We have a 2nd floor apartment and want to swap with someone in the same block on the ground floor, the apartments are of equal value so no money will change hands.

Can anyone advise what taxes and charges we might incur if we decide to go ahead with this?  

Thanks

Rumbletum





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27 Nov 2018 8:07 PM by angeleyes1 Star rating in Camposol & Bradford. 403 posts Send private message

angeleyes1´s avatar

Quite simple, exactly as normal, you are selling yours and buying theirs and visa versa. Spanish law and taxes does not exempt Noel Edmonds swap shop or get me out of here.

Is this a stunt post?



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27 Nov 2018 8:19 PM by Rumbletum Star rating. 10 posts Send private message

Hi, no this is not a stunt post, we are discussing the apartment swap and know we will have to comply legally, but just wondered what costs there would be to pay as there is no money changing hands.  All we are basically doing is changing the names on the title deeds.

Rumbletum 





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27 Nov 2018 10:27 PM by baz1946 Star rating. 2327 posts Send private message

Shouldn't you be asking your questions with your trusted lawyer or solicitor, surely they are in a better position to have the correct legal answers.





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28 Nov 2018 2:05 PM by Rumbletum Star rating. 10 posts Send private message

Hi, yes of course we will, we just thought someone on here might be able to give an insight before we take this further legally.





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29 Nov 2018 8:33 PM by angeleyes1 Star rating in Camposol & Bradford. 403 posts Send private message

angeleyes1´s avatar

Why not one of the parties change their name by deed pole so you are both the same, then do nothing, just move apartment.



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30 Nov 2018 11:11 AM by johnzx Star rating in Spain. 5242 posts Send private message

Rumble.   You do not say why you want to change apartments.  It will incur transfer taxes, legal fees, property registration etc.   If you both just prefer to live in the other property why not do just that.   If you subsequently decide to sell up then you can move back and sell

PS In Spain one cannot change their name without the approval of a judge. Deed poll is just a method in U.K. of registing that you HAVE CHANGED YOUR NAME  by common law ( that is what many women do when they change their name upon marriage. There is no law which says they can change their name,  but there is also no law to say they cannot, so doing so is not illegal ) or by statutory declaration before a magistrate 





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30 Nov 2018 11:31 AM by angeleyes1 Star rating in Camposol & Bradford. 403 posts Send private message

angeleyes1´s avatar

I assumed Rumbletum was a Brit, so they can easily change their name in the UK to Garcia or whatever. Whenever they renew their passports they will have their new names. They will just have to plead the Notary got their DOB wrong at the time of purchase due to his usual long lunch and 3 bottles of wine.

 


This message was last edited by angeleyes1 on 30/11/2018.

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01 Dec 2018 3:00 PM by Rumbletum Star rating. 10 posts Send private message

Hi Johnzx, useful information, thank you.  





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