One of the most commented pain points of selling a house in Spain is the high agents’ commissions when selling a house in Spain. Commissions range from 3% to 6% or more in some cases. As I wrote on my Estate agents in Spain article there is no required license to run an estate agency in Spain and you can …
Proptech in Spain
There seems to be a lot of movement in the Spanish Proptech industry in 2020. Last year’s Proptech map showed over 300 companies. Despite the economic outlook for 2020 and the COVID-19 crisis, it seems that the rate of new entries in the Proptech Map of Spain is not slowing down. The trend for 2020 seems will probably be in …
Estate agents in Spain
According to article 3 of Royal Decree-Law 4/2000 of June 23 and 10/2003, the trade or business of being an estate agent in Spain is not officially regulated and is an independent profession, meaning that you do not need a special license or degree to be an estate agent in Spain. To act as an estate agent in Spain the …
Coronavirus effects on the Spanish property market
According to the latest report from the Spanish Notarial Association, sales in January 2020 fell by 5.9% compared to last year. Experts expect sales to drop by 60% or more from March and over the coming months. Due to the coronavirus outbreak, Spain has declared a state of emergency, meaning that all citizens are to remain at home and have …
Sell your Spanish property FAST
On average it takes more than 8 months to sell a property in Spain.
See how you can increase your chances of selling your property in the current market.
The costs of buying and selling a property in Spain
Generally speaking in Spain on average the buyer will end up paying around 12%-14% on fees and taxes and the seller around 23% on the profit made from selling the property.