Seller guide

Selling your property.

What costs do I have to Pay? townhouses townhouses 

The Estate agents agreed fee and Abogado (Spanish solicitor) legal representatives fees.

Plus Valia – this is a capital gains tax, worked out by your local council – your solicitor / legal representative will confirm this amount.

If you are not a Spanish resident then 3% non residents tax. IBI needs to be up to date.

If you have a communal pool then this has to be paid up to date.

What documents are required to sell my property?

Your Escritura -deeds, Fin de Obra, utility bills, copy of your passport / residencia and NIE, Energy Performance Certificate and inventory of items included in the sale.

You do not legally require an Abogado (solicitor), but would recommend, to ensure that all relevant taxes are paid. All structural modifications will require a license, that also includes a swimming pool. If these documents are not in place, then the purchasers solicitors / legal representative will insist on a retention being held back to pay for the documents.

What deposit is taken when I agree to sell my property?

A deposit to secure your purchase is 10% of the purchase price, a holding fee can be submitted but the property not secure until the 10% is received.

This deposit is held in a Client Account until completion. This deposit is non refundable to the buyer if they decide not to proceed with the transaction (unless a mortgage is involved).

Should the seller withdraw from the sale then they are obliged to refund the 10% deposit plus a further 10% to the buyer.