NL
At Dream Properties International we are not only happy to help you in the search for your ideal home, but also when you want to sell your house. On our website you will find an extensive step-by-step plan for selling a property in Spain. We would like to take a closer look at a number of matters, such as promotion during the sale of your house and additional financial matters. Because in addition to the well-known sales costs, you also have to deal with the Plusvalia Tax and the sales tax.
The best property promotion
Some regions in Spain are so popular that a house is quickly off the market again. Valencia is an example of this. But what if you want to offer a finca in one of the areas outside the cities? So how do you ensure that your house is sold in the shortest possible time? In this case, it is important to present your home as well as possible. When you enlist our help with the sale of the house, we will ensure that the local partner from our network takes representative photos of the house and its immediate surroundings.
We then ensure that the photos are seen by as many people as possible. Not only do we put the advertisement on our website, but also the local brokers from our network. We also place this as a message on our social media and the advertisement will be given a place in our ‘shop window’ when participating in a trade fair in the Netherlands or Belgium. Would you like to contribute to the promotion yourself? For example, make a video of your home and the immediate surroundings and post it on social media.
Chances are that the footage of your home is viewed a lot. Therefore, make sure that your home looks presentable. Now it is not immediately necessary to completely renovate the house. But you can certainly make small changes, such as a new coat of paint on the doors or by adding some eye-catching accessories in your home. Our housing expert will visit you for the photo opportunity and give you concrete tips. Then keep the house tidy for the viewings (both inside and outside). Our aim is to let you know at least a day in advance if we want to come by with an interested person. But it can also be last minute.
The financial matters
As you can read on our page, as a seller you also have to deal with a number of costs and taxes. It is also wise to reserve an amount for the renovation of your home.
In addition to the broker’s commission, termination of the mortgage and the costs for a lawyer, you also have to deal with the Plusvalia Tax and the profit tax. The Plusvalia Tax cannot be expressed in a fixed percentage. The amount of this municipal tax depends on the place (and the value of this land) where your house is located, plus the number of years you have lived here. You are obliged to pay this tax to the municipality in Spain, even if the value of your property has decreased over time or the property sells at a loss. You can actually see this amount as a payment to the municipality for the construction of the surrounding facilities and the maintenance of, for example, the roads and the sewage system.
If you still have an amount left over after the sale of your home, you will have to deal with profit tax. In this case, the percentage that you must remit to the tax authorities depends on the amount. Up to € 6,000 you pay 21%, from this amount up to € 24,000 that is 25%. From € 24,000 you pay 27%. However, there are also a number of exceptions based on age and what your primary residence has been for the past three years. In this case, it is wise to always engage a specialist, such as an accountant, who can provide you with further information.
The services of Dream Properties International
Of course, you don’t have to arrange the sale of your home all by yourself. The advisers of Dream Properties International are happy to guide you during the entire sales process. Are you still looking for another specialist, such as a lawyer? Then we would be happy to put you in touch with the specialists from our network. Contact us by e-mail or telephone for the possibilities or for a free valuation of your home.
