Selling my Property in Spain, What is the Best Way?

Posted on August 29, 2011 by Marbella Property

Luxury Villa in Monte Mayor

So you want to sell your property in Spain and knowing it\’s a depressed market what is the best way to sell your property? Do you list it with every Spanish real estate agent on the planet, cherry pick a few key agents who you think might sell your property or give it exclusively to one agent? Unfortunately the answer isn\’t that simple and bit more complex as it will very much depend on your property and own circumstances.

First things first its best to understand the market and what your options are. Firstly you need to know the profile of the type of property buyer who is going to buy your property. For example is your property for sale in Guadalmina in a very Spanish area? If it is its more likely that a Spanish family is going to buy your property and in this instance you should be listing your property with the best local Spanish agents. Alternatively you may have an exclusive property in an exclusive location and in this instance it\’s much more likely that an International buyer will buy your property so here you will want the best agents who can bring international buyers to your property.

Then you need to look at three different options at your disposal. The first would be to list your property with as many agents as practically possible to get the most amounts of viewings which make a lot of sense and the only downside is remembering who you have listed your property with and controlling the viewings. The second would be to cherry pick a few agents that you think could best bring you property buyers with the downside to this being that you could miss the out on an agent who could sell your property. However with 250 full time agents alone in Costa del Sol it\’s quite hard to make the right decisions but obviously if you Cherry Pick say six agents it\’s a lot easier to manager. The third option is to pick an agent to give the property to on an exclusive listing basis but one that offers a marketing facility and offers your property to all the agents available. This agent would then manage all the listings and also manage all the other listings. The two downsides to this is that it will obviously cost you a little more to sell your property but the major drawback is to know whether the company you use has the relationships with all the agents to actually deliver on bringing you enough buyers so that you can find a buyer for your property.

So as to what option is write for you this really depends on your own circumstances but if you want your property in San Pedro sold as quickly as possible and don\’t have time to wait then you are far more likely to sell you property using an exclusive agent that markets to all the other agents as well as its own sales activities. You then have to make sure you get the right one and to this end it\’s up to you to do your homework and I would suggest you ask the agent how they intend to market your property and what exposure it will get. For example what advertising will they be doing, is there company easily found on the website and how many clients do they have visiting a month directly and through other agents. When you have this information it is much easier for you to make an informed decision.

Article Source: http://www.articlesbase.com/real-estate-articles/selling-my-property-in-spain-what-is-the-best-way-5167572.html

About the Author

Sundream Estate is the leading online and live Marbella real estate agency specializing in Property for sale in Guadalmina and villas for sale in San Pedro with its exclusive Villa listing service

Huge Boost For New Build Spanish Property with 50% Reduction in Property Taxes

Posted on August 19, 2011 by Marbella Property

The Spanish Government has finally acted with decisive action to boost the New Build property sector of the Spanish property market by slashing IVA (VAT) from 8% to 4% thus saving a property purchaser 8000€ on a 200,000€ property purchase .

The news today was greeted with an ecstatic reaction from Real Estate professionals especially in Costa del Sol. This is brilliant news for Marbella and Costa del Sol claimed Pia Karstrom sales executive at the leading Marbella luxury real estate company Sundream Estate. The great thing about this is that the best deals in Marbella right now are key ready new developments and secondly this deal is available on whatever you buy, it has to be great news said Pia.

Another person delighted was Ian Waudby of Crest Group International who looks after the interests of property investors in Marbella. This should certainly help the market in difficult times and could just be the deciding factor for someone who is undecided whether to buy or not said Ian.

Finally Nick Stuart Managing Director of Spanish Hot Properties couldn’t hold back his excitement at the news and claimed this action would stop some agents going out of business. It has been fairly clear to us that some agents this summer have been very much on the edge and this news will certainly help them ride the storm out said Nick. The great thing for us is we have and 5 fantastic New Development deals and this is just the icing on the cake exclaimed Nick.

So it’s pretty clear if you’re looking to buy property for sale in Puerto Banus or Costa del Sol this news is certainly a very positive one for the Spanish property market

ORIGINAL ARTICLE SOURCE

Buying Property in Spain – 5 Important Tips

Posted on July 13, 2011 by Marbella property

Author:

Nicholas J Stuart

So if you are new to buying luxury property in Spain and are concerned about the pitfall of buying in a foreign country then it makes sense to follow the five golden rules to buying safely in Spain. So what are these rule and how can they help the would be international property buyer in Spain?

To be fair they are pretty obvious and logical and are steps you would do at home but it just makes sense to protect yourself as best you can.

The first step is to find yourself a professional International real estate agent that you feel you can trust. Whilst this won’t fully protect you it will when used in conjunction with all the other steps I am going to tell you about. When you visit Spain you will meet people in Bars and Restaurants who profess to be real estate agents and get you the best ever deal. Would you engage with this person in your own country without checking them out first? Of course you wouldn’t and in a foreign country you should stick to a professional agent you can trust

The second again is most logical make sure you appoint a lawyer one that can demonstrate to you they have experience in dealing with International property buyers.

Thirdly make sure your lawyer isn’t acting for the seller as well as yourself, make sure your lawyer has no conflict of interest

Fourthly if you need a mortgage make sure you use a Spanish mortgage broker based in Spain and make sure they have consulted with you before agreeing to buy a property as you don’t want to put a reservation deposit down and then find you are not in a position to buy the property

Lastly make sure that any reservation deposit is left either with a professional international real estate agent or even better is place through your lawyers. However when placed through the lawyers they will need to be experienced enough to give the correct undertakings that are acceptable to the owner.

A reservation deposit is your way of securing your property purchase. Once you have paid your security deposit and it has been accepted by the vendor the sale can proceed and the vendor is duty bound to complete the sale with you

In conclusion these are all pretty straight forward logical steps to protect yourself when you want to buy Spanish property but you will be amazed how many people don’t do this, so if you are new to buying property in Spain please follow them.

Article Source: http://www.articlesbase.com/real-estate-articles/buying-property-in-spain-5-important-tips-5016518.html

About the Author

Spanish Hot Properties is the leading Spanish internet real estate agency but is also a leading agent on the ground connecting the virtual world with the real world. They specialize in property for sale in Aloha Golf, Costa del Sol and Marbella but more recently have start to specialize in Costa de la luz property for sale, Spain as it used to be