If you are planning on selling your property in Spain, this guide will cover the main points that you need to consider – from estate agents to lawyers and from taxes to utility bills. The aim is to aid anyone starting from scratch who perhaps isn’t sure where to start and isn’t aware of the pitfalls to avoid.
Advertising the Property
Anyone who has spent any time in Spain will have seen the ‘Se Vende’ signs protruding at various angles from houses and apartment windows. These ‘For Sale’ signs signify a property that is for sale privately by the owner.
Many local Spanish people tend to at least try this method in effort to avoid estate agency fees. That is the main benefit from going down this route but on the negative side only those that would pass the property will be aware that it is for sale.
Another possibility that has proved popular in more recent times has been to advertise the property over the internet. Of course this has the potential to reach a much larger audience though you are depending upon the effectiveness of the website chosen to market the property. Some of these companies offer their services for free while others charge.
Of course another, more traditional method would be to contract a local estate agent to market the property.
As previously mentioned the biggest downside of this is probably the fact that the agent will charge a fee though it is worth pointing-out that this will normally be a portion of the sales price and therefore they have to be successful in order to benefit.