It is the one determined by the General Directorate of the Cadastre as a result of the analysis of the prices of all the purchases of real estate that are carried out before a notary public.
The value will not exceed the market value.
A reduction factor will be applied.
It does not affect the cadastral value.
It has no effect on the Property Tax.
However, if the declared value, the price or the consideration paid are higher than the reference value of the property, the highest of these magnitudes will be taken as the tax base.<\/p>\n\n\n\n
The reference value will be determined year by year, by applying average value modules, based on the prices of all real estate sales actually carried out before a notary public or registered in the Land Registry, and obtained within the framework of the annual reports. of the real estate market prepared by the General Directorate of Cadastre.
These modules will be assigned to homogeneous territorial assessment areas.<\/p>\n\n\n\n
The General Directorate of Cadastre will calculate the reference value of a specific property based on the average value module applicable in the area in which it is located, taking into account the differences in categories, age and state of conservation.<\/p>\n\n\n\n
The challenge of the reference value can only occur when it has a fiscal effect, and is the taxable base of the Tax on Patrimonial Transfers and Documented Legal Acts, or on Inheritance and Donations.<\/p>\n","protected":false},"excerpt":{"rendered":"
It is the one determined by the General Directorate of the Cadastre as a result of the analysis of the prices of all the purchases…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"acf":[],"_links":{"self":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts\/4226"}],"collection":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/comments?post=4226"}],"version-history":[{"count":0,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/posts\/4226\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/media?parent=4226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.btsasociados.com\/en\/wp-json\/wp\/v2\/categories?post=4226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}