Lower Cost of Spanish Inheritance Tax in 8 Steps6. Will I lose an inherited property if I cannot pay inheritance taxes due?
Lower Cost of Spanish Inheritance Tax in 8 legitimate ways that you can reduce the costs associated with claiming an inheritance in Spain.
A major fear that beneficiaries can have is that, should they be unable to pay the tax on the inheritance of a property in Spain, that they may lose the property. This is not the case though complications can arise.
For example, it is certainly not possible to sell a property until any inheritance taxes that are due have been paid.
Often the solution here can be to arrange for the lawyer to prepare the inheritance tax papers and wait until a suitable buyer appears. In such cases, the taxes and legal costs can often be dealt with by using the deposit transferred to purchase the property.