Expenses and Fees Involved
As purchaser the only tax involved is 1% Stamp Duty on the whole declared value, besides notary, land registry and lawyer’s fees.
The vendor of the outgoing share is liable for Cgt at 18% on e.g. the 50% outgoing share
(if non-fiscal resident he will be subject to a retention of 3% on the 50% on account of his Cgt liability) and municipal PlusvalÃ*a tax. Besides this he will have to pay his own lawyer.
At your request we can provide a study case with a breakdown of expenses and fees as an example.
Bookmarks