Claiming the Plusvalia property tax refund in Mallorca (or elsewhere in Spain).

Claiming the Plusvalia property tax refund in Mallorca (or elsewhere in Spain).Have you or your client sold a property for less than you bought it? In other words, was the price you received less than the price you paid? If so, NOW YOU HAVE THE RIGHT TO CLAIM BACK THE MUNICIPAL TAX KNOWN AS PLUSVALÍA.

WHY? Because Tribunal of Spain (Tribunal Constitucional) in a recent sentence made this tax null and void, so the Town Hall has to pay it back to vendors.

HOW DO I FIND OUT IF I CAN CLAIM?

Have a look at your buying and selling deeds. If the amount you paid when you bought your property is higher than the amount you received when you sold it, this means you lost money on the sale. In spite of this you still had to pay the Plusvalía tax. Now you have the right to claim it back.

ANY TIME?

NO. Time is running out..   After you paid this tax, you have 4 years to request a refund. So today only Plusvalías paid from March 2013 can be claimed. Next month only Plusvalias paid from April 2013 can be claimed and so on…

WHERE?

Anywhere in Spain, but especially in Mallorca in Calviá, Andratx and Marratxí.


Toni Marqués. Real Estate specialist

Don’t hesitate to contact me for free information.. … ,,,,,,,,,,, +(34)678216706   toni@palmalawyers.com

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