Pisos en Torrevieja , Inmobiliarias Torrevieja , J&M SPANISH PROPERTIES

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The Property Selling Process in Costa Blanca: What Foreigners Need to Know

2025-03-18

Selling a property in Costa Blanca can be a smooth process if you follow the right steps. At J&M Spanish Properties, we assist foreign owners in selling their homes safely and efficiently. Here’s what you need to know: 1. Required Documentation Before listing your property, make sure you have the following documents: Property title deed Latest IBI and waste tax receipts Energy efficiency certificate Cadastral reference Latest utility bills (water, electricity, community fees) Passport or NIE 2. Property Valuation and Pricing Setting a competitive price based on the current market is crucial. At J&M Spanish Properties, we provide professional property valuations to ensure a quick and profitable sale. 3. Mediation Agreement If you choose to work with an agency, a mediation contract is signed, outlining the sale conditions and the agent’s commission. 4. Marketing and Promotion A strong marketing strategy is key. We advertise your property on top real estate portals, social media, and international buyer databases. 5. Deposit Agreement and Notary Signing Once a buyer is found, a deposit agreement is signed with a 10% reservation of the sale price. Later, the sale is finalized before a notary. 6. Taxes and Seller Expenses When selling your property in the Valencian Community, consider: Municipal capital gains tax (Tax on land value increase) 3% retention for non-residents (Deducted from the sale price and paid to the tax authorities) Real estate agency fees Mortgage cancellation fees (if applicable) 7. Funds Transfer After signing at the notary, the buyer completes the payment, and the funds are transferred to the seller. At J&M Spanish Properties, we handle every step of the process, ensuring a hassle-free sale of your property in Costa Blanca.

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