07 Sep How can I be sure that the value I sell my property for is not potentially subject to an under declaration claim From Spanish Hacienda?
The official valuations of property in Spain are perfectly predictable. There is even official websites like this one where for example, if you indicate your property’s cadastral value and your municipality, it will tell you what the official valuation is.
Obviously every lawyer or estate agent is likewise aware of this and should recommend their customers that there is a potential liability for an under declaration claim from Hacienda after the sale, either from the point of view of CGT or transfer tax.
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