TMT 187 Selling Spanish Property? Avoid a Costly Tax Mistake! Spanish CGT Property Tax Explained.

11 March 2025

Selling a property can be a profitable venture, especially in a region as picturesque and inviting as the Hondon Valley in Spain. However, before counting your euros, it's essential to understand the tax implications of selling property for a profit in Spain. As an experienced estate agent specialising in the Hondon Valley area for the past 18 years, I've seen many sellers surprised by the tax bill that comes with their property sale. Here's a guide to help you understand what to expect.

0:00 Intro

1:00 Who is not liable to pay?

1:45 How is GCT Calculated?

2:50 Can you reduce this tax?

4:20 What is the taxable rate for GCT?

4:50 Other exemptions?

5:55 How do you pay profit tax and when?

6:20 End