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On Unrealistic Expectations

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Just a quick post this evening. In my last post on this blog I talked about how you shouldn't be paying black money because of the tax implications, never mind the legal implications. However today I went to see a property and was tol by the owner that they wanted 60000 Euros in B not declared on the deeds of any sale. My actual response was, after stopping laughing, to say "Dream on!" That should never have happened in the past and is certainly not going to happen now. It turns out that when they bought the house just four years ago they had paid that amount in B. Well now they will have to pay 18% tax on that amount if they get a good offer on theirs, which they should because it is a good house. Sometimes people's expectations beggar belief.  It is almost as if they hadn't noticed that the World has changed remarkably over the last three years and even if they did recognise that fact they do not recognise that Spain has to be a part of that change. Anyway check out Valencia Property to see the latest properties put up on the site and see if you can recognise which one it is that the owner asked for that amount of money in B on sale. Related Posts 1) Black Money in Spain 2) Will You Ever Get Your Post In Spain? 3) Capital Allowances in Spain.
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