Costa Brava : How to put your property on sale at Immo365 ?

The property market in Spain is doing very well and prices have been rising for several years. Do you have a property on the Costa Brava and want to sell it for another personal project? This is your chance to make a nice profit. Whether it's a flat, a building, a studio or a villa, Immo365 is there to help you sell it quickly. Take advantage of our personalised support to put all the chances on your side when putting your property up for sale on the Costa Brava.

The procedure for putting a home up for sale in Catalonia

The region has everything to please, between the sun, the sea and the Spanish way of life, all this at 2 hours flight from Paris, Brussels or Geneva. Many French people, but also many foreigners of various nationalities, dream of acquiring a second home here for the holidays, or even of settling here permanently. But selling a property in Catalonia is relatively complex, despite a favourable property market, unless you have the right help.

The first thing to do is to prepare the necessary documents for the sale. This includes not only the title deed to prove that you are the owner of the property, but also other documents such as the energy certificate, plans of the house, proof of payment of various taxes, etc.

You will then need to determine the price at which you will sell your property. To do this, you should study the market prices in the area where your property is located. This will ensure that you are not prejudiced by a price that is too low, while at the same time ensuring that you are making an offer that will interest potential buyers. We offer to make an estimate of your property to make it easier for you to set a reasonable price.

The next step is to put your property on the Catalan property market. To sell your property quickly, the best way is to use a real estate agency like Immo365. We know the property market in Catalonia and throughout Spain inside out, and we can take care of valuing your property, finding buyers, showing it around, helping you with the administrative formalities, etc.

Types of sales mandates

When you are accompanied by a real estate professional in the sale of a property in Catalonia, you can choose between several mandates.

Simple mandate

This mandate has the advantage of being flexible, in the sense that you reserve the right to entrust the sale of the property to several estate agents and are free to deal with other potential buyers that the latter have not presented to you.

This will increase your chances of selling your property quickly to the buyer of your choice. Be careful, however, as placing an advert on several portals at the same time could send the wrong signal to future buyers. They might think that your property is having trouble selling for some reason.

In addition, there may be a difference in price between different agencies, depending on their fees, which may cause more concern to potential buyers. In general, estate agents are also less motivated knowing that you or another agency is likely to find a buyer for them.

Immo365 proposes the simple mandate if it is the offer that best meets your needs. Our agency will do everything possible to sell your property as quickly as possible.

Exclusive mandate

It consists of entrusting the sale mandate to a single estate agency. A little more restrictive, the exclusive mandate is generally the most efficient and fastest way to sell your property in Spain. In fact, properties entrusted exclusively to a single agency are generally sold in less than 3 months, whereas this period can be doubled for a simple mandate.

The real estate agency will do everything in its power to sell your property, as it is also in its interest. Your property will be presented to a large number of targeted potential buyers to speed up the sales process.

Multi-exclusivity mandate (CBRAI)

The multi-exclusive mandate differs from the semi-exclusive mandate. In the latter case, you entrust your property to a single estate agent, but you also reserve the right to look for a buyer yourself. This possibility is mentioned in the contract between you and the agency.

The multi-exclusivity mandate relies on collaboration between estate agents through an estate association such as CBRAI, which operates in the Costa Brava. The latter registers who has put the property up for sale, while offering other estate agents the possibility of promoting it to their clients, in return for a commission.

With Immo365 real estate agencies, the duration of the mandates is from 6 months to 1 year and renewable for the same period.

The list of documents to be provided

Documentation is an important aspect of the transaction when selling your home in Spain. It is important to know in advance what documents are required for the smooth running of the administrative process and to reassure future buyers.

List of documents needed to draw up the sales mandate

NIE Original

This is a proof of identity. The NIE (Foreign Identity Number) is valid if you are not Spanish. It shows your name, surname and an identification number.

DNI (National Identity Document) or Original Passport

The DNI is valid if you are Spanish. It shows a passport photo, as well as your name, surname, date of birth and identification number. You can also use your passport.

Original single note

This document certifies that the property is registered in the Property Registry. It contains the main information about the property, such as the identity of the owners, its location, description, charges, surface area in square metres, etc. The Nota Simple can be obtained online or from the Property Registry by simply requesting it. You can also instruct a notary or lawyer to obtain it for you.

Escritura

This is the document proving that you are the owner of the property. It indicates various information such as the means of acquisition (purchase, inheritance, etc.), the geographical location, etc. This title deed is issued by the notary.

CEE - European Energy Certificate

This document has been mandatory since 2013 for selling a house. It indicates the annual energy consumption of the building, as well as its polluting emissions. The CEE - Energy Efficiency Certificate also indicates the category in which the house falls, from A to G, i.e. from the most efficient to the least efficient.

The EWC must be drawn up by an authorised architect. He will study the property in order to fill in the form which will be submitted to the Junta de La Comunidad (Community Council).

Cédula de habitabilidad (habitability certificate)

This is a certificate of occupancy permit issued by the Autonomous Communities and certifies that the dwelling meets the minimum requirements for habitability. Valid for 10 years, it applies to any building that is to become a living space.

A house without a certificate of habitability can never be supplied with water, electricity and gas, which is why this document is essential. In the worst case scenario, the property could even be subject to a demolition notice due to illegality.

Proof of payment of property tax (IBI)

This is a Real Estate Tax (IBI), which the owner must pay annually. The amount varies according to many factors, such as the cadastral value of the property, its age, its location and its surface area. This document is valid for members of the European Union.

Non-exhaustive list of documents required to complete the sale

Several other documents are necessary to conclude the sale of a property as a private individual on the Costa Brava thanks to Immo365.

If married or divorced: marriage certificate, divorce certificate, marriage contract

In addition to proof of identity, you will also have to prove your marital status. Depending on your marital status, you will have to provide a copy of your marriage certificate or PACS agreement, a divorce certificate or a copy of the change of marital status.

Water bills

Your last water bills should be presented so that the future owner has an overall view of the water consumption of the property.

Electricity bills

In most cases, the average energy bill is a major factor in the purchase decision. It is therefore important to provide your latest electricity bills.

Gas bills

Gas consumption is usually related to heating. The corresponding bills are then just as important as those for electricity and water.

Certificate of co-ownership

Issued by the administrator or president of the condominium, this certificate attests that the property is part of a condominium and that there are no outstanding debts to the condominium. This document must be properly completed, ratified by the Secretary of the Community and contain the President's stamp of approval.

Final minutes of the general assembly of the co-ownership

Like the other documents, this document will be presented to the future buyer. It will enable him/her to know the latest decisions taken at the general meeting of the co-ownership, in particular the work to be carried out or planned in the building.

Copy of the bank transfer of the booking deposit

When a buyer decides to purchase your property on the Costa Brava, he or she must pay a deposit in advance. This reservation is usually between 5 and 10% of the total price of the property. It will also be necessary to have a copy of this bank transfer. The amount of this advance payment and the commitment to pay the remainder on a certain agreed date are mentioned in a deposit contract, which cannot be cancelled. A change of mind is equivalent to a loss of the amount paid.

The list of required documents is therefore very long, which is why it is important to prepare your file well in advance. If a large number of documents are missing, and by the time you have taken the necessary administrative steps to obtain them, potential buyers may become afraid and withdraw.

Fees and taxes to be paid

You also have to pay certain taxes and fees when you sell your property in Spain. The main costs relating to capital gains.

Real estate capital gains

Capital gains tax is the tax on the sale of property. It applies when the sale price is higher than the purchase price. The purchase price includes not only the purchase price, but also the taxes you have paid and the costs of any improvements made. In the same way, the transfer value also includes the costs and taxes associated with the sale.

Municipal added value

It is in fact a municipal tax calculated according to several criteria such as the number of years the property has been owned, its value according to its geographical location and the municipal cadastral index. You can estimate it using online tools.

Why should you seek assistance for the sale of your property?

Selling a house in Catalonia on the Costa Brava, and in Spain in general, can be tricky if you don't have some legal knowledge and a good understanding of the local Spanish property market. Administrative problems are not uncommon, from the difficulty of obtaining a NIE, to undeclared works, to ignorance of town planning regulations.

Immo365 real estate agencies are located in Rosas Santa Maragrita, Playa De Aro, Empuriabrava and Lloret de Mar. We know the real estate market and the local regulations perfectly. We will be happy to welcome you and accompany you in the realisation of your project.

Our strategy is digital oriented, with attractive publications and virtual visits to optimise the speed of the sale. You also have a personal space to follow the publication and visits of your property. Trust us and let us take care of everything for you!