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When selling a property, it is common to think that no taxes will be paid on the capital gain obtained. Especially if the money is reinvested in another house or if the seller is over 65 years old. However, these tax exemptions, provided for in the Spanish Personal Income Tax, are not automatically applied. Everything […]
Buying or selling a property is a complex legal transaction, with significant legal consequences for both parties. Yet many people in Spain still sign private sales or purchase contracts without consulting first with a lawyer. In this week’s article, we explain why it is essential to have a lawyer to review the purchase contract during […]
When selling a property in Spain, the seller must pay tax on the capital gain from sale under Personal Income Tax (IRPF). However, there are certain exemptions that allow you to avoid or reduce this tax burden. In this week’s article, we analyse one of the most relevant exemptions: the exemption on the capital gains […]
