You have made one of the most exciting economic decisions of your life: buying a property in the Costa Blanca. But, wait, if it's the first time you've bought a property, it's important that you take into account all the necessary steps to buy a property. What documents do I need?
These are the documents you will need to collect in advance if you want to complete a purchase/sale agreement:
Municipal capital gain (This is a local tax to be paid by the seller)
If you are a fiscal resident in Spain, you will be liable for income tax, which is 19% of the profit on the sale.
If you are not a fiscal resident in Spain, you will be required to pay 3% of the total sale.
Selling a home should be a simple process, although on many occasions we feel lost in the lack of information or overwhelmed by the number of documents that need to be collected. Many of these headaches can be alleviated with the help and experience of our agents.
GENERAL EXPENSES FOR THE PURCHASE OF A PROPERTY
If you have any questions, our real estate agents are at your disposal. Do not hesitate to contact us.