Plusvalía - IIVTNU

Plusvalía is a tax on the increase in property value in Spain, paid upon its sale, inheritance, or donation. It is calculated based on the increase in the value of the land on which the property is located and is collected by local municipal authorities. The amount depends on the length of property ownership and the cadastral value of the land. It's a good idea to check in advance whether and to what extent this tax will apply to your planned transaction.

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