29 Jan 2008 2:57 PM:

Thanks that's great. Thanks Maria for the advice. However if you purchase a plot, the plot price might be a lot less than the value of the property sold. Therefore how do the tax office calculate the cost of the build on the plot? Is this based on the basic project that is approved by the college of architects and estimates the build cost? Another potential downside is the time it sometimes takes to get planning permission and get the paper work processed. Two years might sound like sufficient  time  but  from the sale of an apartment til completion of a villa could very well take longer than 2 years. Bit of a conundrum there possibly.

Thread: If you sell a Spanish property and buy another is there relief on capital gains tax?

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29 Jan 2008 12:00 AM:

Basically I would like to know if you sell a property and get hit by the capital gains tax for foreigners do you have a period of grace where if you purchased another Spanish property or land do you get this rescinded? Is there a period of time that you would need to be looking at ?  Do you pay the capital gains tax there and  then on the sale of  the first  property and reclaim it back when you purchase the next property?

Thread: If you sell a Spanish property and buy another is there relief on capital gains tax?

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29 Jan 2008 8:41 AM:

I'm glad. Maybe it's just where I am that it's so bad.

Thread: Completion

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28 Jan 2008 12:00 AM:

Has anyone ever been happy with a Spanish build?

Thread: Completion

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15 Jul 2007 10:04 AM:

I'm glad to hear it. Nothing worse than knowing that you're paying over the odds. Well done.

Thread: Prices dropping to realistic levels

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