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NickB wrote on Wed Feb 9, 2022 6:38pm:
We’ve sold 2 Spanish houses and been charged c€1k each time.
Great.Thank you very much for all the information!!
Posted: Wed Feb 9, 2022 7:04pm
Posted: Wed Feb 9, 2022 8:46pm
Helpful member
NickB wrote on Wed Feb 9, 2022 6:16pm:
No, I’m not suggesting that you don’t use a solicitor, who will arrange the notary. This is usually a cheap part of the process and one of the most important. Just don’t use a estate agent, as they are in the main vastly over priced and don’t do a lot for their money.
You don't need a solicitor to sell a property in Spain, unless you need one for Power of Attorney because you're out of the country. It's the buyers solicitor who pays the fees, draws up contracts and appoints the notary. All your expenses will be taken out of the purchase price by the buyers solicitor including all retention monies. Why waste money?
If you are not in Spain, it is best to engage an agent!
Posted: Thu Feb 10, 2022 3:09pm
Very helpful member
rma44 wrote on Wed Feb 9, 2022 8:46pm:
You don't need a solicitor to sell a property in Spain, unless you need one for Power of Attorney because you're out of the country. It's the buyers solicitor who pays the fees, draws up contracts and appoints the notary. All your expenses will be taken out of the purchase price by the buyers sol...
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...icitor including all retention monies. Why waste money?
If you are not in Spain, it is best to engage an agent!
I totally agree! I've sold several properties and have never used a solicitor. If you are living in Spain and selling the property, all you need to do is to make available all the necessary documents to the buyer's solicitor and they should do all the rest. I recently sold my last property and sent the agent handling the sale copies of certain pages of the escritura showing the names of the purchasers etc., the last 6 electric bills, certificate from the community administrator showing that all fees were paid up, and IBI receipts for the last 3 years. Then we all met at the Notary's office to sign the sale of the property.
Posted: Tue Feb 15, 2022 1:44pm
Casacymruenespana wrote on Sat Feb 5, 2022 12:50pm:
Take a look at 5 Real Estate, the guys are Scottish and following a recently adopted principle of a fixed fee cost to sell.
We see quite a few properties with their signage so it`s definitely catching on.
Read more...
Good for the seller but we didn't bother looking at any properties advertised by 5 Real Estate because we felt it was wrong that the buyer should be expected to pay fees.
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