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Selling Your Property in Costa Blanca? Here’s What You Need to Know
Thinking about selling your property on the beautiful Costa Blanca? Whether it’s a beachside apartment in Orihuela Costa, a villa in Villamartín, or a townhouse in Torrevieja the process of selling in Spain comes with unique legal, tax, and practical considerations. At Your New Home Spain, based right here on the Costa Blanca, we help sellers navigate every step with ease.
1. Paperwork You will Need to Sell
Before you list your property, make sure the essentials are ready:
- Title Deeds (Escritura): Proof of ownership.
- Energy Performance Certificate (Certificado de Eficiencia Energética): Required before advertising your property.
- Habitation Certificate (Cédula de Habitabilidad / Licencia de Primera Ocupación): Confirms the property is fit for living.
- Utility bills & community fee receipts: Buyers want assurance everything is up to date.
We will guide you through gathering these documents so your sale runs smoothly.
2. Costs of Selling a Home in Spain
It’s important to know the expenses involved when selling:
- Capital Gains Tax (CGT): Payable on profit from the sale (19% for non-residents).
- Plusvalía Municipal Tax: A local tax based on land value increase since purchase.
- Agent Fees: Typically 3–6% of the sale price plus VAT.
- Legal Fees: Hiring a lawyer is highly recommended to protect your interests.
At Your New Home Spain, we work closely with one of the best law firms in the Costa Blanca so there are no surprises and all costs are explained clearly.
3. Pricing Your Property on the Costa Blanca
The Costa Blanca property market is dynamic. Popular coastal towns like Mar Menor, Orihuela Costa and Torrevieja often see high demand from both Spanish and international buyers. Setting the right price is key - overpricing can delay your sale, while underpricing means losing value. We provide free property valuations to help you list competitively.
4. How the Selling Process Works
Here’s what you can expect step by step:
- Reservation Agreement: Buyer pays a deposit to reserve the property.
- Private Purchase Contract (Contrato de Arras): Usually 10% deposit is paid - this locks in the deal.
- Completion at the Notary: Final signing, transfer of funds and handover of keys.
We handle the coordination, making sure everything is stress-free for you.
5. Possible Tax Exemptions
You might qualify for relief in certain cases:
- Over 65? If it’s your main home, you could be exempt from CGT.
- Reinvestment relief: If you buy another main residence in Spain with the proceeds, you may reduce your tax bill.
We work with trusted local tax advisors on the Costa Blanca to ensure you keep as much of your profit as possible.
6. Tips for a Quick Sale
- Stage your property - small improvements and good presentation make a huge difference.
- Be open to negotiation - it’s common for buyers to make offers below asking.
Why Sell with Your New Home Spain?
At Your New Home Spain, based on the Costa Blanca, we:
- Offer free valuations and honest advice
- Market your home to international and local buyers
- Handle all paperwork and contracts
- Guide you from first listing to handing over the keys
