You are here Home Frequently Asked Questions I am about to sell a small vacation house for 12,000 euros. Will I be taxed on the capital gains ? I am about to sell a small vacation house for 12,000 euros. Will I be taxed on the capital gains ? Print Share on Facebook Share on Linkedin Share on Twitter Share on Facebook Share on Linkedin Share on Twitter No. Article 150 U 6° of the General Tax Code provides that the seller of a property with a value of less than 15,000 euros, regardless of whether it is a primary or secondary residence, is exempt from capital gains tax (BOI-RFPI-PVI-10-40-70).
