Why use Platinum Properties?
With our office situated on the popular La Finca Golf (Algorfa) and a proven track record of matching clients to the right property, we are best placed to sell your property in the quickest time possible, for the best price possible.
We offer a comprehensive no sale, no fee advertising package including:
• Property listed in our office window & modern/user friendly website
• UK & European property portals
• Professional Ultra HD Photos
• Video walk through tour
• Collaboration contracts with all local agents covering La Zenia, Villamartin, Quesada, Benijofar & Los Montesinos offering a much wider audience
• Social Media & Monthly email campaigns
Selling your Property
When selling a property in Spain, as the owner, you are liable for the following fees and would need to factor these deductions into any agreed sales figure:
- Estate agent fees: We charge a sales commission of 3% (minimum 4.000€). All fees are subject to 21% IVA on top
- Plus Valia: Town hall tax based on the increase in the land from when you purchased to when you sell
- Legal Fees: Amount dependent on the solicitor of choice (approx. 1000€)
- Capital Gains Tax: The Spanish government will withhold 3% at the time of signing at the notary. Subject to circumstances (making a loss, fiscal resident, etc…) you may be entitled to claim the majority back via your solicitor.
To avoid any complications, we ask for the following documents in order to market a property for sale:
- Escritura (title deeds)
- NIE & Passport Copies (all named owners)
- Suma (IBI) Bill
- Utility Contracts or bills (water, electric & gas – where applicable)
- Energy performance certificate (this document is a legal requirement in order to list a property for sale)
- Habitation Certificate (also a legal document in order to sell a property)
Tips For Selling Your Home
- Attractive Photos equal more enquiries
Without question, one of the main attractions for moving to Spain is the weather. Photos with a nice blue sky & sunshine will show off your property alot better than photos on a dull & cloudy day (please be prepared to make provisions should your estate agent feel necessary to change an appointment due to the weather). Make sure all shutters are open & lights switched on in order to promote your property in the best light.
- Location & First Impressions
Do potential buyers know the location of your property or the local area? On occasions they do, however, the majority of the time they do not. More often than not, buyers are doing their homework & visiting the area beforehand, if needs be, make sure the communal areas or garden are presented nicely. A good first impression can go a long way to helping sell your property (this is something the construction side of our business can help with)
- Clean & Declutter
People like to feel welcome when entering a property, they are looking to purchase. Keeping your property clean, tidy & free from odours can make the difference between a second viewing or no viewing at all!
Putting yourself in the shoes of a potential buyer is always a good idea. Do a walkthrough of your property and remove any unnecessary items (pet climbers/beds/toys, mountain bikes, paperwork, etc…). Prospective buyers will want to picture their own personal items in the property, so allow them to do so.
Buying A Property In Spain
Buying a property in Spain is the dream of many people who are looking for a great place to live in a sunny location. We understand that buying a property in a foreign country can also be daunting – everyone has heard horror stories of costly and long-term problems where things have gone wrong. If you are thinking about buying a property in Spain, this home buyer’s guide will allow you to plan your purchasing process correctly whilst informing you of everything you need to know along the way. The process to buying a property in Spain is very straightforward – but getting the advice is the key to whether the whole purchase is a success. This guide is intended to help you obtain the information you need to make a full and considered decision about your property purchase and provides a clear insight to buying property in Spain.
Our dedicated & experienced team is here to help you every step of the way, from the initial property enquiry through to completion.
When purchasing a property in Spain, it is essential to take into account the taxes involved that will be due on top of the purchase price. We would recommend budgeting around 13% (this figure will cover the land registry & notary fees as well as the obligatory 10% property purchase tax)
The following steps will make it easier to understand how the buying process works:
- Initial property enquiry (office visit, property portal, social media). Once a member of our team has narrowed down the property search based on your criteria, we will arrange an appointment to view the properties of choice.
- Once you have found the perfect property, an offer is submitted to the selling agent. This in turn is relayed to the property owner for their acceptance or refusal.
- When a price has been mutually agreed by both parties, a deposit of 5.000€ is paid and a reservation contract signed, to remove the property from the sales market (at this point we would always advise contracting the services of an independent legal advisor who can carry out the necessary property checks on your behalf).
- A full sales-purchase contract is then prepared with all the necessary information for both buyers & sellers. This document must be signed by both parties to confirm the agreement that has been previously agreed.
- Completions generally take 6-8 weeks (this timeframe can vary depending on circumstances, whether there is a mortgage involved & the need for NIE Numbers)
- Our team will assist throughout the process and will liaise with both buyers& sellers aswell as both parties’ legal representatives.
- Upon completion at the notary (which will be attended in person by both parties and/or subsequent power of attorneys), you will be the proud owners of your new home in the sun!