Selling your property is a key decision that requires expert guidance and careful approach. Following our tips will help you to get more detailed information and minimise stress in the selling process.

A CORRECT VALUATION based on the current average market price, the characteristics of the property and the statistics of official sales prices in a specific area.

ONLINE PRESENCE through a professional website and national and international real estate portals. A good marketing strategy.

PROFESSIONAL PHOTOS, elegant and detailed description of the property and the area in which it is located.

ADITIONAL COSTS WHILE SELLING A PROPERTY:

1. As stipulated in the Law that came into force in 2013, it is obligatory to have a valid energy efficiency certificate while selling the property. Should you don’t have one or it has been expired (valid for 10 years) our agents will assist you with obtaining a new one. The cost can vary starting from 100€ depending on the property characteristics.

2. A local tax to be paid to the municipality called Plus Valía Municipal (Impuesto sobre el Incremento del Valor de la Tierra). It is possible to request a simulation of the amount of the Plus Valia Municipal.

3. If you are not a Spanish fiscal resident , there will be withheld a 3% of the sale price.This tax is withheld on the day of the deed by the purchaser who is obliged to pay it to the Tax Office with a proof of payment to be provided. A partial or total refund of the amount withheld in the deed can be requested later. The amount of the refund will depend on the taxes charged on the sale of the property.

REQUIRED DOCUMENTS:

1. Identity card and NIE of the owner(s), The "nota simple" of the property an updated certificate signed by the administrator of the condominium stating that there are no outstanding debts with the community.

2. An updated certificate signed by the condominium administrator indicating that you have no outstanding debts with the community.

3. Proof of payment of the IBI for the current year (is payable by the seller).

4. If you have a mortgage on the property, you would be required to request a certificate from the Bank stating the residual amount of the debt.

5. It would also be useful to prepare copies of recent bills for water, electricity and other municipal taxes.

WHAT IS THE PROCEDURE IN CASE OF A PRIOR AGREEMENT BETWEEN BUYER AND SELLER?

After signing a preliminary contract, the date to sign the Notary deed is confirmed. The terms can vary between a few days or several weeks.

THE HANDOVER OF THE PROPERTY is completed on the day of the signing of the notary deed. The deed of purchase is certified before the notary. The property should be free of any debts, tenants, occupants on the day of the signing of the purchase deed. Your real estate agent and/or legal advisor (and translator if necessary) will assist and ensure you that all necessary documents have been delivered and verified.

We hope our advice will help. If you would like more information or would like help and advice on selling your property, please do not hesitate to contact us.