Sell Your Property

Castles Estate Agency have been valuing and selling properties in this area since 1986. We have seen many changes and varying market values, and we know that we are equipped with the experience and knowledge to advise you of the true value of your property. Our marketing also continues to develop and grow. We understand that the majority of property enquiries come from the internet and so our presence on worldwide property portals is increasing. We have presence on Rightmove, Zoopla and Daft, as well as large following on social network. Our strong connections with other agencies up and down the Costa del Sol, enable us to share your property with a large team and increase the size of the net to more buyers. We also know that the decision for our clients to buy a property cannot be made on the internet alone and we are proud that our team have lived and worked in this area for many, many years. We love our community and we love communicating that to our clients.

Sell Your Property

So what will it cost?
The basics

There are costs incurred when selling a property in Spain. These can be broken down as follows.

So what will it cost?
The basics

There are costs incurred when selling a property in Spain. These can be broken down as follows.

AGENCY FEE

We offer a no sale no fee service, so all of your marketing is undertaken free of charge, including professional photographs, and floor plans if requested. Once we have sold your property, there is an industry standard fee of 5% plus IVA (VAT at 21%)

LEGAL FEE

There is an industry standard of 1% plus IVA (VAT 21%). Our sister company, Asesoria Castles, can offer a discount to our clients.

PLUS VALIA TAX

This is a one off tax levied by the local Tax Authorities. This is based on the increase in value of the land on which the property is situated since the property was last sold. The figures are based on the rateable value of the land (Valor Catastral del Suelo) and not on the sales price. We can find out this figure for you before you make the decision to sell.

RETENTION (NON RESIDENTS)

None residents

Capital gains for none resident vendors within the EU is 19%, outside of the EU is 24%. The purchaser is obliged to retain 3% of the declared sales price and pay the funds to the Spanish Tax Authorities. This is to guard against any taxes that may be owed in Spain, including Capital Gains Tax. If all tax liabilities are to date, there is a possibility that all or part of this money can be reclaimed.

CAPITAL GAINS TAX

For residents only.

Capital gains tax for residents, this is based on the net profit of a sale. There are variations and exemptions and we advise you speak with a lawyer.

We will also require several documents from you in order to market and sell your property, please see the list below.

Copy of the Title Deeds (Escritura)
New Nota Simple. (Castles will arrange this)
Copy of NIE numbers of owners.
Copy of latest IBI receipt (Town Hall Rates).
Copy of latest Community Fees receipt.
Copies of latest utility bills (Water and electricity).
Copy of the energy efficiency certificate (Castles can arrange this).

Need any more information?

We are here to help you.