Inheritance and Selling Property in Spain | R E C
A Guide to Inheriting and Selling Property in Spain
If you have inherited a property in Spain and wish to sell it, it's crucial to follow the correct legal and tax steps. We guide you through the entire process for a secure and hassle-free transaction.
The 4 Key Steps of the Process
Accept the Inheritance
The first step is to formalize the inheritance before a Spanish notary via a Deed of Acceptance.
Learn more →Pay Inheritance Tax
Settling this tax is mandatory before you can transfer the property. Allowances vary by region.
Learn more →Register the Property
Once the tax is paid, the property must be registered in your name at the Land Registry. Only then can you legally sell it.
Learn more →Prepare for the Sale
As the legal owner, you will then need to gather the standard documentation for the sale (EPC, updated nota simple, etc.).
Document checklist →Taxes on Selling the Inherited Property
In addition to Inheritance Tax, when you sell, you will pay taxes on the capital gain (IRNR) and the Plusvalía Municipal. Expert tax advice is crucial to optimize both.
Understand selling taxes →Can You Manage Everything from Abroad?
Yes. The entire process, from accepting the inheritance to signing the sale, can be managed remotely by granting a Power of Attorney (PoA) to your legal representative in Spain.
Learn more about PoA →Simplify Your Inheritance and Sale
Managing an inheritance from abroad can be complex and stressful. Our team of lawyers and tax advisors handles everything for you, ensuring a smooth and secure process.