Homes on the Costa Estate Agents have put together an easy guide to follow for home owners in the Costa Del Sol that are thinking of selling their property. Most of the advice is obvious, however, by simply taking a few minutes to read our selling advice guide it will make the selling process clear for you and enable you to have a sucessful quick sale on your property.

Property Selling Advice 

Preparing your property for sale

• Ensure your property inside and out is clean and tidy
• Ensure any minor repairs have been carried out prior to putting your property on the market
• If redecorating try and use light and neutral colours, this will make rooms appear larger
• Remove and put in to storage any unnecessary “clutter”
• Keep kitchen surfaces clear and make sure your oven is spotless!
• If you have a dog ensure it is kept under control and preferably out of sight. Many people will not share your confidence with dogs
• Point out only important features or improvements around the house eg: “the kitchen is brand new”. Do not make the mistake of boring viewers with in depth explanations about your pool’s heating system etc unless they specifically ask
• If you using an agent leave the selling to the agent
• Make sure your property is fully compliant with the new law Decree 218. Ensure you have copies of your Nota Simple, Title Deed, latest IBI receipt, details of your community fees and proof you have paid them
• Prospective buyers will appreciate if you provide them with an estimate of your annual running costs

Taxes and Expenses

• Capital Gains Tax if you have made a profit after expenses (technically this is an income tax). Currently 18%
• Plus Valia – Municipal Tax on increase in land value (very complicated to work out, and depends on lots of factors)
• Notary Fees
• Legal Fees
• Agency Fees