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We are selling our property in Valencia for a very low price and we have been advised that we may have problems with the tax man who might consider that we are selling it for more money but not declaring it on the Deed, or that the real market value is higher. Is this correct? […]
I purchased a property on the 15th of March 2008 in Javea, Alicante, for a price of 150.000€ (as stated on the Notary’s Deed). The Tax Authorities have sent me a penalty notice as they consider that the real/true value of the property was 213.000€. I am now being asked to pay 7% transfer tax […]
