Spanish property indices as the year closed

Spanish property indices as the year closed [...]

2012 Property purchasers to pay less Capital Gains Tax in Spain

The basic premise is that if you buy a property between 12th May 2012 and 31st December 2012, you will receive a 50% discount in the capital gains taxes you have to pay when you resell the same property at a later date. This applies whether the purchaser is a Spanish resident, non-resident or a company.