½ûÂþÌìÌÃ

Menu
½ûÂþÌìÌÃ

Selling Cesión de derechos

Post new topic

Zakinho

We were buying a property off plan and have decided to sell before the final stage payment is due. I have searched extensively but cannot find out if we pay capital gains tax on the price we sell for. I know that tax is due on a property sale but as this is an assignment of rights, is it subject to the same rules or is it any gain you make? If so, I assume that all costs involved in the purchase can be offset against any gain?

Lmflmf1

Anything over original selling price is considered revenu, therefore taxed as such.

Articles to help you in your expat project in Spain

  • Accommodation in Spain
    Accommodation in Spain

    From picturesque coastal towns to bustling city centers, Spain offers a wide array of options for anyone hoping to ...

  • Accommodation in Seville
    Accommodation in Seville

    Seville is a southern Andalusian city that's easy to fall in love with. The Moorish architecture works of art, ...

  • Choosing your neighbourhood in Madrid
    Choosing your neighbourhood in Madrid

    Location is probably the most important determining factor when purchasing a home. You see, no matter how much you ...

  • Accommodation in Tenerife
    Accommodation in Tenerife

    Tenerife is the largest and most populous of the seven Canary Islands, a Spanish archipelago in the Atlantic Ocean ...

  • Accommodation in Valencia
    Accommodation in Valencia

    Valencia is the capital of the province of Valencia, a Mediterranean destination of striking architecture, vast ...

  • Accommodation in Barcelona
    Accommodation in Barcelona

    Barcelona sits on the coast of north-eastern Spain, the capital and largest city in the autonomous community of ...

  • Accommodation in Malaga
    Accommodation in Malaga

    Malaga is a busy port city on southern Spain's Costa del Sol, a place that blends ancient history with the ...

  • Popular neighbourhoods in Seville
    Popular neighbourhoods in Seville

    Once you have decided to make the beautiful city of Seville your home, the next order of business is finding a ...

All of Spain's guide articles