Are you going to buy a house in Spain?
Spanishestate.com is a property portal for searching and advertising real estate in Spain.
We are an independent marketplace where real estate agents and owners can post their listings. We are not an estate agent and are not involved in the sale of any of the properties on the site. You can contact us to advertise and to get advice on buying or selling properties in Spain.
2021 is a good year to buy a house in Spain. Due to the current situation the Spanish economy is in a recession which means it is a buyer's market.
Where is the best place to buy a house in Spain?
This is one of the most common questions we get asked. The answer to this question depends on your preference. Our advice is to first get to know better the different regions in Spain before making a decision. Often the motivation to buy a house in a particular village is because there are acquaintances, family, or friends who also have a house there. This is of course a good reason!
The best argument for buying a house in Spain is to live in it yourself and enjoy it, not just see it as an investment. Nevertheless, location is often an important factor. Properties with sea views, for example, usually have a distinct advantage over other properties. Don't be tempted and choose a property that suits you!
What to look out for when buying a property in Spain
Buying a house in Spain is quite different than buying in the UK. You should expect to pay between 10%-13% extra in fees depending on the region in Spain where you are buying.
The property transfer tax, notary, and registration fees are paid by default by the buyer.
The seller, on the other hand, pays about 21% in profit tax, if a profit has been made and the brokerage commission.
Often in a sale, solicitors are also called upon to prepare the sale, the fee for their services often ranges between 1 and 1.5%, make sure to get a quotation before using their services to avoid surprises later.
WYSIWYG. When you buy a house in Spain it becomes difficult to claim any hidden defects after the sale. Maybe the m2 are not right, the air conditioning is not working or the swimming pool is leaking. Legally, it becomes very difficult to do anything after the sale. So pay attention that you don't buy a pig in a poke.
Read more about the costs of buying and selling a house in Spain.
The role of the estate agent in Spain
Unlike in the UK, there are almost no buyer agents in Spain. It is also quite often the case that property in Spain is offered by different estate agents and sometimes with different selling prices!
As a buyer or seller, you are not obliged to buy or sell through an estate agent, yet most houses are sold through an estate agent.
The profession of estate agent in Spain is not regulated and anyone can claim to be an estate agent. Be careful with whom you deal with, not all estate agents are equally truthful and knowledgeable.
The seller pays the estate agent in Spain, commission fees are quite high compared to the UK. On average, you pay around 5% commission in Spain. Read more about agents in Spain.
Popular locations in Spain
Sell your property in Spain?
You can sell proerties as an estate agent or as a owner. Your ad will not only appear on Spanishestate.com, but also directly on our international network of property portals in Spain.
With Spanishestate.com you reach potential buyers from all over Europe who are looking to buy in Spain.
If you want to sell your Spanish property, it is useful to have some insight into how things work. These are some of the most common questions we encounter every day:
- How and where can I best advertise to sell my house?
- What do I need to do/arrange to sell my house?
- What documentation and/or paperwork do I need to sell my property?
- Can I sell my house privately or do I need an estate agent?
- Am I obliged to hire a solicitor or accountant when selling?
- What are the costs/taxes do I have to pay when selling?
You can find many of these answers on our blog. Or contact us directly and we will try to help you.
At Spanishestate.com you will find the most complete range of properties in Spain, with over 400,000 properties from thousands of estate agents and owners.
We update our property listings on a daily basis through property feeds we receive from member agents. It may happen that a house that has already been sold is still on the site. Please let us know as soon as possible if that is the case!
For questions or comments feel free to mail to firstname.lastname@example.org or via mobile/whatsapp: +31 6 14 99 77 97