Appointment of a solicitor

It is sensible advice to appoint a solicitor to represent you in the sale of your property because complications can arise. We will assist in the negotiations. More importantly we will prepare your capital gains tax returns and negotiate who pays what.

Documentation

The following documents should be lodged with us when putting your property up for sale.

• Copy of the Escritura (Title Deeds)
• Copy of the latest Impuesto Sobre Bienes Inmuebles (IBI) receipt (Real Estate Tax).
• Copy of your last Spanish Income Tax Declaration.
• Copies of all utility service bills.

Costs

Fees
Estate agencies usually charge between 3 and 10% of the selling price.

5% Retention
The buyer's lawyer will retain 5% of the purchase monies to pay anything due to the Treasury Of The Tax Office on account of your potential liability to Capital Gains Tax.

Debts
You are obliged to settle any outstanding mortgage or debts.