HausVerlosung Mallorcahttp://www.finca-verlosung-mallorca.com/ |
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Answers to your newly raised questions: Can the raffle winner sell the house immediately? Certainly, you can sell the property immediately after the raffle. However, you would need to pay speculation tax applicable by the corresponding Tax Office. How is the finca used for the time being? The property is in the meantime rented out. The owner´s apartment in the main house (on the ground floor), however, is locked and reserved only for the use of the owners. Must the rental contract be taken over? No, the rental contract ends on 31st of December 2009. It can be, however, taken over. How much income tax do I need to pay on Majorca? Income tax is applicable in the amount of 18% of the taxable income. However, there is quite a high personal allowance. Tax declarations are done on Mallorca by so called ¨gestor¨( tax accountant and advisor). You can find one even in the smallest village on Majorca. The normal charge for this service is about 500€. |
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