Posted on: 23-Oct-2012
If you own property in Spain and feel that there is no more need for it, then the most reasonable solution is to put the place up for sale. Most property owners are not familiar with the process of selling property that they own in a foreign country. However, the steps are actually quite simple and are not that much different than selling property in your own country of residence. Even so, if you plan to sell property in Spain
, then you will want to have a real estate agent by your side to help facilitate the process because there will be differences in law and regulation regarding how property is to be sold.
It is very beneficial to own and sell property in Spain
; it is a very lucrative market with a lot of potential buyers. This includes people who frequently travel to the country on business, retirees and locals. If you do not reside in the country, then most of the steps can actually be facilitated over the phone or on-line. Your real estate agent will handle all the interactions with the buyers, which means that you can potentially get the property sold without ever having to take the next flight to the country.
Even though you do not have to travel to Spain to sell the property you own there, it is still recommended that you do so. It is a good idea to have a look at the place and make any necessary renovations necessary in order to bring the value up. If the property is simply a vacation home, then that means it is vacant most of the time, which leaves it susceptible to things like pest infestations, vandalism, leaks and corrosion. If you want to sell property in Spain
, then it would be extremely helpful to have a look at the property yourself and assess whether it needs any touch ups.
Always consult with a real estate agent beforehand if you plan to sell your property. Real estate agents act as the middleman between buyer and seller and will make the process so much easier on your end. The agent will also make recommendations on repairs and remodelling if any are needed. This ensures a smooth process and that the property is sold at the highest value possible. Be sure to talk with a Spanish real estate agent and discuss how the process will be handled. An agent has an understanding of real estate law and will be able to oversee the process to make sure that everything is done correctly.