Sell Your Property
Here at Castles Estate Agency we have been valuing, marketing and selling properties since 1986. During this time we have shared property advice with over a quarter of a million clients.
As an established business with experience navigating the property market over many years, our team have the knowledge and expertise to confidently guide you through the entire selling process and ensure the successful sale of your property at maximum value.
Free Valuation Service
FREE valuation and market appraisal, with no obligation.
Marketing Your Property
In a highly competitive market, it is incredibly important that your property has a strong online presence from the moment you decide to sell. It is free to list your property and as part of this you will receive a full marketing packaging to sell your property, including:
- Full advertising on the Castles website.
- Creation of your Property Brochure & window advertisements
- Featured on all leading real estate platforms such as A Place in the Sun, Rightmove Overseas, Think Spain & Idealista to name a few.
- Featured on all Castles social media platforms.
- Included in our multi-listing service, your property will be shared will over 1000 estate agents along the Costa del Sol and throughout Europe.
So what will it cost?
The costs of selling a property in Spain can be broken down as follows:
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Agency Fee
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We offer a no sale no fee service, so all of your marketing is undertaken free of charge, including professional photographs, videos and floor plans if requested. Once we have sold your property, there is an industry standard fee of 5% plus IVA (VAT at 21%)
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Legal Fee
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There is an industry standard of a 1% fee plus IVA (VAT 21%).
Our sister company, Asesoria Castles offers legal representation
Asesoria Castles
C/Isaac Peral 4, 29692, Sabinillas, Manilva, Malaga
Tel +34 952 891 221
andrea@asesoriacastles.com -
Plus Valia Tax
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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.
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Retention (non-residents only)
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Capital gains for non-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.
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Capital Gains Tax (residents only)
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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.
To legally list a property under Spanish Law (Decree 218), we require the following documents;
- 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).