Let Us Sell Your Property.
Prior to Property Listing.
Before we can consider to add a clients property to our portfolio by law (Consumers Protection Act - Decree 218 - Andalucia) we are required to have copies of the following documents to enable us to represent you. If you don't have them we can guide, or help you to obtain them. For your information the only property selling in Almeria at this time is priced adjusted properties where the owners are aware of the difficulties presented by the current down turn in the European economy. If a client takes this into account and is forward thinking we are more than confident that we will sell any property without exception. We list all property types including villas, apartments, townhouses and cortijos and cover the coastal towns of Mojacar, Garrucha, Vera Playa, Palomares, Villaricos, San Juan de Los Terreros and as far inland as Albox, Arboleas and Velez Rubio to name just a few.
Copies of Required Documents.
If you do not have all of the following documents we can guide, or help you to obtain them.
- Nota Simple: Land Registry Certificate - we can arrange this for you however we charge a fee of 12€, or if you prefer your Lawyer can be approached to arrange this for you.
- Escritura: Title Deeds.
- IBI: Real Estate Tax - Annual Rates.
- Last Paid Utilities: Water, Electric, Telephone etc.
- Passport(s): for Identification purposes.
- NIE Number(s): Residencia Number.
- Basura Tax: (Rubbish tax).
When applicable.
- A Copy of the License of 1st Occupation.
- An Expediente: Certified Document from the local town hall stating all legal requirements & financial liabilities for a property have been met.
- Community Fees and details.
- Copy of the original architect's drawings of the property if you have them.
Caser® Title Deed Insurance.
We are affiliates of the 'safe purchase guarantee' offered by which offer a 20 year tittle deeds insurance to the buyer giving our buyers total peace of mind when purchasing a Spanish property through us, and at the same time addressing the bad press Spain and Almeria has seen in recent years. We are proud to offered this service to ALL our clients interested in our listed property for sale in Almeria.
| WE DO NOT OPERATE A POLICY OF LOCKED IN SOLE-AGENCY AGREEMENTS LEAVING YOU FREE TO LIST YOUR PROPERTY WITH AS MANY ESTATE AGENTS BOTH HERE IN ALMERIA AND OVERSEAS AS YOU WISH |
Our Fees.
Our fee is 3% or 3.000€ (+ IVA) which ever is the higher unless otherwise stated in writing prior to listing the property for sale. For the higher end priced property we can discuss a more competitive fee for our services with the vender prior to any agreement being signed. If you choose to list your property with us we reserve the right to be able to list the property whether it be a Villa, Town House, Apartment or Cortjio with other estate agents in the area and in the UK with whom we collaborate. This will give your property greater exposure both here and overseas than otherwise realized which is important for visibility and finding a potential buyer. In any case the fees charged will be ours and will remain the same whether the buyer comes through us or through a third party.
Advertising & Marketing.
We do not currently advertise heavily locally but do so online using European Property Portals which cover Europe extensively and other internet tools to maximize our property and internet presence. We are always on the look out for new and cost effective ways to innovate our advertising part of the business. We also list our property on other estate agents websites with whom we collaborate both here in Almeria and in the UK. This approach has been very successful for us, however our most successful approach to date has been using email mail shot company's who list current email addresses of people looking to buy property in Almeria and Spain as a whole.
Questions & Answers.
If you have any questions in regards to selling your property in Almeria and you would like them address please do not hesitate to contact us.
Breakdown of Selling Costs.
Non-Fiscal Residents in Spain. The first and most important thing to do is to ascertain whether all owners of the property are fiscal or non-fiscal residents in Spain. 3% of the selling price will be retained and paid into Spanish public treasury if the vendor is not a FISCAL resident. If you have residency in Spain, but have not made a tax declaration here due to being under the minimum threshold for making a declaration, then you can currently become a fiscal resident simply by attending the tax office with a copy of your padrón and requesting a certificate. This will be the case for most retired property owners living in Spain permanently.
If you are below the minimum threshold then you have no obligation to file an annual tax return. If you are above the threshold, then to be considered a fiscal resident, you should file income tax declarations every year declaring your worldwide income to the Spanish tax authorities. The only way of accrediting whether you are a fiscal resident in Spain and avoiding the retention of this 3% is the obtention of a fiscal residency certificate from the Spanish Tax Office that is no more than 3 months old when the sale deeds are signed at the notary office.
Fiscal Residents in Spain. As a fiscal resident you are obliged to declare any profit made on your next tax return which is why the 3% is not retained upon signing of deeds. If you have made a loss on the property, then obviously there will be no profit to pay Capital Gains Tax on, however, if you have made a profit (in deeds), then there are various options available to you, depending on whether you will purchase again in Spain or return to the UK or any other country. In this case, we would advise speaking to a tax adviser for personalized advice. For example, if a vendor only has one property in Spain, and it is their habitual residence, then they have 2 years to reinvest the proceeds from their sale in Spain. If they do this, then they will not have to pay CGT. If a non fiscal resident makes a profit on sale then it is up to them to decide which is the lesser of two evils, paying 3% on the sale price or 18% CGT on the profit. If a non-fiscal resident IS retained the 3%, but is selling at a loss, then they can apply for this retention to be refunded, although they must meet certain requirements.
Plus Valia Tax. Vendors are also liable to pay the PLUS VALIA tax which is billed by the local Town Hall - the buyers solicitor would normally retain an amount to cover this if the vendor does not have a solicitor to make the payment after signing of deeds.
IBI (Council Tax). Vendors by law are liable for the IBI for the year that the property is sold in - regardless of how early in the year the property is sold - a retention would be made for this if the bill in the current year has not been paid (as above) – solicitors also often suggest that a retention is made against electricity, water and rubbish collection bills unless these are proven to be totally up to date.
IBI (Council Tax). Vendors by law are liable for the IBI for the year that the property is sold in - regardless of how early in the year the property is sold - a retention would be made for this if the bill in the current year has not been paid (as above) – solicitors also often suggest that a retention is made against electricity, water and rubbish collection bills unless these are proven to be totally up to date.
Note. Vendors are liable to pay the agents commission as per the agency agreements.
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DISCLAIMER: Please note that the above information (Breakdown of Selling Costs) is solely for educational purposes based on our experiences working in the property sector. Accuracy is not guaranteed and said information should not be substituted for legal or fiscal advice. Please consult with a public notary, a solicitor and/or a legal or fiscal specialist regarding any legal or fiscal questions you may have.
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