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News
The Property Selling Process in Costa Blanca: What Foreigners Need to Know
“
18
MAR
The Property Selling Process in Costa Blanca: What Foreigners Need to Know
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:
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:
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.
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
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)
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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