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Plusvalía (Plusvalía Municipal)

  • 8 months ago
Home / Spanish abbreviations & terms / Plusvalía (Plusvalía Municipal)

Plusvalía (Plusvalía Municipal)

Plusvalía municipal is a local tax that the municipality charges when a property is sold/transferred, based on the (assumed) increase in value of the soil since the previous transfer.⚠️ Always check who is paying (seller/buyer) and ask for an indication of the amount before signing.