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 Cadastro".

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 in any way as legal advice.

Get in touch with Sean: Telephone: +34 951 203 808 Email: info@cloudninespain.com https://cloudninespain.com/