Brought property as non resudencia sell as residencia - Banking and finances in Vera Playa - Vera Playa forum - Costa de Almería forum in the Almeria province of Spain
ASSSA Insurance
Mini Digger Almera
Grupo Platinum Estates
Have Tools Will Travel
UK DIRECT REMOVALS

Join the Vera Playa forum

Join the Vera Playa forumMy name's Alex and this is my website all about Vera Playa in Spain. Register now for free to talk about Banking and finances in Vera Playa and much more!

Brought property as non resudencia sell as residencia

Posted: Mon Sep 21, 2020 8:47am
1 reply120 views3 members subscribed
Lisa

Posts: 130

29 helpful points

Location: Garrucha

Joined: 21 May 2018

Hi all if I sell my property as want to purchase a Bigger one.   I purchased as a non residencia and will sell as a residencia and purchase new as residencia.  What will be the impact on taxes. 

Alicia 11

Posted: Mon Sep 21, 2020 9:34am

Alicia 11

Super helpful member

Posts: 2103

1781 helpful points

Location: Mojacar

Joined: 30 Sep 2019

Posted: Mon Sep 21, 2020 9:34am

depends on your age if a pensioner and investing in a main residence then no capital gains tax due.  i think if you are not pension age then there is a capital gains tax to pay but not sure of the rates.  perhaps Dario knows this one. 

Sign up for free or login to reply to this topic

Want to reply to this topic? Login or register for free to post your message:

Find more Banking and finances topics from a particular area:


Register for free!

Login to your account

ASSSA Insurance
Mini Digger Almera
Grupo Platinum Estates
Have Tools Will Travel
UK DIRECT REMOVALS
Advertise your business here
Advertise your property
Help with my computer