Spanish probate .Spanish inheritance . Valuations of real estate .If you inherit a property in Spain, it is essential that the real estate is valued correctly.
The legal obligation is to value the property at market value.
Now that inheritance tax in Andalucía is so advantageous the biggest mistakes we see lately are generally to do with clients undervaluing the estate causing higher capital gains tax in the future.
While before it was always about using the lowers possible value you could get away with due to the very high inheritance tax rates this is in most cases no longer the best option. Often all the contrary.
