Dissolution of Joint Property Ownership in Spain

[aflores]

Michael, you are looking at around 16% tax, which is payable within 30 days from acceptance of the gift.

Source: http://www.juntadeandalucia.es/hacie...cciones-mortis

Thanks for your reply, simpler apartments are for sale for around €100,000, but we don't feel that reflects the true selling price of the apartment which would be much lower, how much would the gift tax be if they valued the apartment at €100,000 , and would the tax be payable straight away or when the apartment is sold?
Thanks so much, michael