Planning to sell your property in
Spain? Selling your valuable asset will bring you cost, uncertainty, and a
sense of responsibility. Property evaluation is necessary and you should be
prepared for the potentially extensive procedure.
It is worth investing time and effort
into things like research, planning, current market rates, documentation, and
more. You need to see elements from a buyer’s perspective and understand the
common pitfalls. Here’s all the useful information you should know before
selling your overseas property.
Is it the Best
Time to Sell Property in Spain?
Spanish property prices have increased
by 4.68% during 2019. However, the COVID-19 hit has affected the housing market
of Spain. Even though there are signs of recovery, pricing indexes are showing
drop in property prices. While
deciding whether you wish to sell your home, ensure to do homework in advance
and one of the best solutions is to consult a local real estate agent.
Do you Need
Real Estate Agent to Sell Your Property?
Selling the property on your own will
save you commission fees if you’ve got plenty of time and patience. But whether
you love or hate it, local real estate agents have the skills, knowledge, and
experience to take a lot of pressure of selling a property. There is nothing
that could stop you from making a final deal if you enter into an agreement and
set a reliable price.
Keeping your documents handy and
well-organised will make things smooth and easy to understand. Here’s what you
· The title deed of the property
· Receipts of local municipal property tax
· Copies of utility bills
· Community statutes details
· A list of items included in the sale
· Residencia card, if you have any
Selling a Home in Spain
The good news is a buyer and real
estate agent will do most of the work. Pay attention to conducting necessary
due diligence checks and be satisfied with the result. The closing deal comes
in a meeting, wherein the buyer, local agent, and legal representative will be
present. As a seller, you will need to pay for estate agency commission, energy
performance certificate, capital gains tax, and plusvalia tax.
How to Speed
Up your Property Selling Process?
There are many factors that may
influence the sale of a property. Here are some tips that could help:
· Home makeover
Get rid of personal items, declutter,
revamp in neutral shades, add plants and mirrors. Also, make sure there are no
signs of pets and mess.
· Market your property well
Make sure you capture and showcase the
best photos possible and choose the right agents to promote your property
· Set a realistic price
If you’re unfortunate enough to buy
when property prices in Spain when at a peak but you wish to sell, you may
expect a loss. Be prepared to agree to a contract, if it seems ideal and
Do not get overstressed with an
abundance of tasks. Speak to our real estate agents and let us handle the rest,
from research to understanding each aspect and selling a property in a
comprehensive manner. Contact us to find more about the real estate market in
1 Bedroom Apartmen in calpe, Spain
If you wish to receive more information, do not hesitate to contact us.
Phone: +34 966 397 944