A guide to the selling process

At Clifford & Partners, we recognize that buying or selling property is not merely a transaction; it's a significant life event filled with emotions and expectations. We are committed to ensuring that your experience is as seamless and stress-free as possible by providing expert advice, guidance, and support throughout the entire process.

Clients frequently inquire, "What will you do for us as our agent?" Our answer is straightforward: expect from Clifford & Partners a service that is both professional and reliable, and simply unmatched.

Effective communication is our forte – it's our formula for success. Upon visiting our offices, you'll be introduced to our friendly team members immediately. This ensures that, should your primary contact be unavailable, there will always be someone on hand who understands you and is familiar with the property you wish to sell.

As your estate agent, you can expect the following from us:

• A dependable, professional and friendly service
• A fully registered and accredited sales team
• Multi country exposure via paid for advertisements and overseas property exhibitions
• A strong online presence including leading national and international property portals
• Ads across various media platforms
• Regular updates
• Quick feedback after property viewings

At Clifford & Partners, we go beyond traditional methods such as window displays to sell properties. The real estate industry is constantly changing, and we are committed to discovering innovative approaches to attract buyers.

Documents Required for Selling Property in Spain

When selling a property, it is necessary to furnish potential buyers with specific documents, 

• Energy Performance Certificate (EPC) - An EPC is required by law and gives details about the energy efficiency of the property.
• Occupancy Certificate (Cédula de Habitabilidad) - This certifies that the property complies with local habitation laws.
• Property Deeds (Escritura de Compraventa) - The deed contains the property description, the identity of the owner, and the property's legal history.
• Community of Owners Certificate - If the property is part of a community of properties, a certificate from the community president or administrator stating that the previous owner is current with all payments is required.
• Utility Bills - Recent utility bills are required in order to change over the utility contracts to the new owners.
• Latest IBI Receipt - The 'Impuesto sobre Bienes Inmuebles' is a local property tax. The receipt gives evidence that the taxes are up-to-date and allows the solicitors to calculate the Plus Valia tax.

If you've installed a swimming pool or made extensions to your property, you will also need to ensure that all modifications are legally documented and comply with local regulations.

• A certified project for pool or extension work carried out by a qualifies architect.
• License(s) from your town hall for undertaken work.
• Written Authorisation from the president and administration company of your community (where applicable).
• Revised Deeds – Any changes made to a property must be documented in the escritura (title deeds) and at the land registry office – if not already done this can generally be done on the day of signing over the property to the new owners. This would need to be confirmed by your Lawyer.

Do I Need a Lawyer?

Although hiring a lawyer is not mandatory, it is strongly advised for peace of mind throughout the intricate transaction process. A lawyer's duty is to safeguard your interests in what constitutes a significant life choice and to ensure all legal obligations are met. They can also assist in averting potential legal problems that may emerge from the transaction.

Costings to factor in when selling:

• Agents Commission.
• Plus Valia is a tax provided by your local SUMA office, based on the increased value of the land on which the property is situated. The precise amount can be obtained from your local SUMA office.
• SUMA payments are due by the end of the year, and if necessary, a retention may be applied to ensure coverage.
• Mortgage cancellation fees typically range from 0.5% to 1.5% of the remaining balance on the outstanding mortgage with most banks. It is important to note that you must also arrange for the cancellation of the mortgage at the notary and land registry office, which can incur costs ranging from 600 to 1000 Euros.
• Non-residency tax – for non-fiscal residents in Spain, a 3% retention of the selling price will be withheld at completion. This amount is paid directly to the Hacienda, the tax authority in Spain. To be exempt from this retention, one must be a fiscal resident in Spain and provide a current RENTA for all individuals listed on the Escritura. If no debts are owed to the tax authority, your fiscal representative or solicitor can request a refund after the sale.
• Capital Gains Tax refers to the tax owed on the profit made from the difference between the declared value in the deed (escritura) and the actual sales price.
• Legal Fees

Click here to Book a valuation