Andalucia tax break due to finish
At the beginning of 2021 Andalucia reduced purchase tax to kick start the housing market and mortgage activity for Spanish Banks.
What tax breaks were there
Reducing the flat rate from 8% to 7% and taking away the sliding scale of increases.
Is the tax breaks finishing end of 2021
It has not yet been confirmed but this tax break will most likely finish in December. No announcement has been made as yet to any extension to the policy.
Spanish Mortgage applicants will run out of time
For those buyers taking a mortgage to buy time is now running out to organise the documents for the Spanish mortgage application and be ready to complete in time.
Read the full article :-Purchase tax breaks due to finish in Spain
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