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shari
05-14-2006, 04:48 PM
Hi,

We are thinking of selling our apartment that we currently let out. We are resident in Spain and have owned the apartment for 3 years - can you advise what taxes/retentions would apply to us?

Thanks.

Expert advisor
05-23-2006, 08:36 AM
In response to your message, I can advice you that the taxes you will have to pay will be the ones corresponding to the sale and the Income tax which is 15% less the reductions taking into account the period of ownership and expenses.

Should you have any further question, please do not hesitate to contact us.