Here Spanish property expert, author and Managing Director of Marbella based agency Cloud Nine Spain Sean Woolley reveals a change to the law in how properties are valued for the purposes of transfer taxes and other taxes, namely the "Valor de Referencia De Catastro".
Sean warns that on some occasions this could be higher than the market value and urges buyers to check the "valor de referencia" before going ahead with a purchase
** Disclaimer: This should not be taken as legal advice. **
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Sean Woolley is the author of "From The Ground Up: The Insider's Guide to Buying Spanish Property"
Available on Kindle and Paperback
Buy it on Amazon: www.amazon.es/...
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