Buying half a property in spain !!

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01 Aug 2009 00:00 by timd732 Star rating. 4 posts Send private message

Does anyone know what the percentage in tax is on " GIFTING " a property in Spain?

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04 Aug 2009 11:37 by nyk1974 Star rating. 28 posts Send private message

I would advise you to speak to one of the lawyers on this forum, Maria seems to be a very helpful person, but, as far I am aware the law still deals with gifting in the same way as a sale and you would have to pay the 7% plus notary and registry costs. As the second party would be reciving a gift I would pressume that they would be happy to cover these costs considering what they are receiving.

Kindest regards



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04 Aug 2009 12:45 by joanmalaga Star rating in Costa del Sol. 420 posts Send private message

I know for a fact that it is a lot more than 7%, this is the main reason why so many people sell instead of gifting, it is a much more expensive process. The sale is an easy process and cheaper.


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