1. Find an estate agent

You don’t have to use an estate agent to sell your property in Spain, and listing it on an internet property site yourself could save you some hefty commission fees.

However, an estate agent like Red Rose property Spain could be a smart investment. Not only do we have the local knowledge and expertise to sell your property at a good price, but we can take care of time-consuming tasks like showing buyers around the property.

To choose us as your estate agent, means you are working with English /  Dutch / germand and Spanish -speaking agents with experience of working with UK and all EU buyers and expats.

2. Advertise the property

Now it’s time to put your property on the market and advertise it to potential buyers. Some preparatory work to spruce up the property, along with taking great photos, is essential. Next, yRed Rose property Spain will play a central role in advertising the property on popular property sites like Kyero, Fotocasa, ThinkSpain and A place in the Sun, next to our own 5 websites and 7 Facebook Pages.

3. Find a solicitor

It’s not mandatory, but it’s a very good idea to appoint a solicitor to give you advice and oversee the legal and administrative aspects of the sale. A personal recommendation from us might be suitable for you. Offcourse do we have our own lawyers in ‘house’  

4. Choose a notary

In Spain, el notario plays a crucial role in managing the paperwork, taxes and registering the sale with the Land Registry. They play a neutral role in the transaction, and are there to make sure everything is done according to the letter of the law.

5. Prepare the documentation

Here’s what you (or your solicitor) will need to have ready to make sure the sale proceeds smoothly⁵:

• The property’s title deeds
• Copies of utility bills
• Receipts for local municipal tax (IBI) paid for the property
• Your residency card (if applicable)
• An inventory of furniture and other fixtures which will be included in the sale
• Details of any relevant community statutes.

6. The deposit contract is drawn up and signed

Once the buyer’s solicitor has completed all the necessary due diligence checks, it’s time to sign the deposit contract. This preliminary contract will be prepared by the buyer’s solicitor, and both parties will sign. A date is specified for the completion of the purchase. Normally the deposit contract is 10% of the sales price ( minus the reservation fee which have to be paid to take the propertyoff market.

7. The deposit is paid

At the same time the preliminary contract is signed, the deposit will be paid by the buyer. Just like in other parts of the world, the deposit is used as a firm sign of commitment to the transaction. We’ll cover how much a deposit typically is in Spain, and what happens to it if either buyer or seller change their mind, in just a moment.

8. A meeting is held to close the transaction

To finalise the sale, a meeting will be held between the buyer, seller and their respective legal representatives. The notary will also be present. This is where the contract of sale (escritura de compravento)

The notary then informs the Land Registry of the sale and sends over copies of the title deeds. The final balance is transferred to you, and the buyer gets the keys to the property.