Sold a Property now where's our money?

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24 Mar 2024 9:13 AM by Pauline3412 Star rating. 4 posts Send private message

We sold a property in 2019, our solicitors held the 3,000 euros as normal, we made no profit on the property as we only had it a couple of years. We have submitted all the relevant docs to off set the costs and expenses and we just about broke even. We received a small sum of money advised I was a tax return from the Spanish authorities on the sale of our property.  We have contacted the solicitors several times for our 3,000 euros to no avail, they don't even reply to us. Not sure how to get this money back from them now?


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24 Mar 2024 8:51 PM by mariedav Star rating in Ciudad Quesada. 1223 posts Send private message

As a non resident they would have kept 3% of the selling price to pay for outstanding taxes such as capital gains.

If the small sum you received back was from the tax authorities then I assume the rest was kept for those taxes.

You may not have made a gain on the price but they can also get you for the gain on the price of the land called the plus valia tax. Perhaps the money you gave the solicitors went to pay for that.

It is also difficult to get money back from the tax people if you have changed or closed bank accounts since selling. They will make the payment to the account they have listed for you but, if not accepted, they will not try again.

Bit awkward if the solicitors won't reply to you, though.





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