Selling Your Property in Spain
It seems that everyone who bought off plan in the Costa del Sol two years ago has decided to sell. Unfortunately, due to the stiff competition, people aren't making the huge financial gains that they had anticipated and in some cases had been persuaded to buy on this premise. Agents are even turning away off plan resales because they know that the challenge is impossible.
It is true that some people are still unrealistic and have placed ridiculous price tags on such properties. In the current climate you cannot be greedy, the truth is there are too many sellers prepared to break even or even cut their losses. It certainly is a buyers market and they can be very picky. If you don't want to rent it out short term or long term and you just want to get rid of it, you will need to be flexible and put in a bit of effort. It sounds harsh but so is the situation.
So, what can you do?
Firstly, if you are serious about selling put a reasonable price tag on it. Take a long hard look at it, compare it with other properties on the market and be true to yourself about its worth. For example, an apartment with a terrace cannot command the same value as a similar sized detached house with a garden. Remember, your property is only worth what somebody is prepared to pay for it.
Apart from trying to get agents to sell it, trying selling it privately.
Research sites that allow you to list your property for sale. Some will charge you; some are free, depending on their exposure. For example, Eye on Spain have a private listing service at www.eyeonspain.com/Sell-off-plan-property-spain.aspx
Post on related "expat" forums. Some do not allow commercial postings, whereas some are more lenient, but many have specific sections where you can list your property for sale.
An obvious one is to let everyone that passes by know that it is for sale. The agent must put a big, bold sign up with clear contact details. If you are selling privately make a sign and put it somewhere visible yourself.
Tell everybody that you are selling, friends, family, neighbours and work colleagues. Be careful not to bore people though!
If you live in the UK, make an attractive flyer and pin it up on the notice board at work or in the local corner shop window. Make sure you include an enticing description and put clear photos on it. Experiment with the camera angles to captivate the "theme" of the property. Good photos really do help to sell a property.
Advertise privately in "El Sur" (www.surinenglish.com) and other publications.
In your advertisements, always include the price, as a missing price suggests the property is too expensive.
Consider your probable buyers. Will they have school-age children? If so, include proximity to school. Describe features of the property which appeal to your probable buyers rather than the entire public.
Think creatively, I have even heard of people raffling apartments as they do cars in UK airports! So in the current climate, you have to think a bit out of the box.
If you have completed, do not leave it lying empty. This says unloved and bought for financial gains to a buyer. It holds no appeal and does not inspire buyers particularly those that lack imagination, many do.
Furnish it but with taste and your target market in mind. It needs to impress. You need to create a lifestyle that potential buyers can aspire too.
If you are living there, clean, clean, clean. This is particularly important if you are also targeting the Spanish market. If you have ever visited an average Spanish home you will know that they are scrupulously clean and big on hygiene. The floor must sparkle!
Remember, most potential buyers have made up their mind as soon as they enter the front door, so create what home stager Guru Ann Maurice calls "kerb appeal". Oh and please if you have moved in with your pets, hide away the smelly dogs, sooo off-putting. Again, if you are opening up your target market to the Spanish, this is imperative as they generally do not appreciate the British tendency to allow their dogs free run of the house and are appalled at the thought of sharing their bed or sofa with an animal.
Have a look at show homes, look at interior magazines, and talk to friends or family members with an interest in the subject. Don't be proud; ask their advice and their honest opinion. They might be able to open your eyes to flaws in your own interior design skills. If you really have no taste, and sometimes, you just have to admit it, employ the help of the experts, try www.completelyfurniture.com.
I stress the interior, it is so important at the moment as you have to create that "vibe" that makes you stand out from the rest. I know of a particular developement on the Costa del Sol where a couple of months ago, over one hundred people were trying to sell. Mission impossible maybe but not uncommon. It is for this reason that if you really want to sell, you have to stand out from the crowd and create that "wow" factor that they go on about on all those interior design programmes that everyone has been watching over the past five years.
So, you may have to invest a bit to shift it and perhaps sell it furnished, which can be very attractive to buyers as we all know furnishing a holiday home abroad can be such a hassle. If you take this hassle out of the "experience", you have already gained some points on the saleability scale.
Everyone is holding tight through this frustrating phase and investors have been thrown by the unexpected slump. However, when I talk to agents, they tell me that properties are selling if they are reasonably priced and meet the buyer's entire criteria.
At this point, I should also mention that investors are under pressure to sell before completion to avoid being penalised by the CGT (Capital Gains Tax) rules. As you are probably aware, non residents are taxed at a flat rate of 35 per cent. Whereas residents are taxed at just 15 per cent providing they have been an owner for a year. The EU has ordered Spain to level the rate of tax irrespective of the residency status of owners. To ensure this, the EU is now taking Spain to the European Court of Justice. If you are planning to sell your off plan, you might want to hold out for a bit longer and hope for a result in your favour.
About the Author
California Beach Vacation Rentals News
Finally, there is some good news for the real estate market. During the first week of November, existing home resales across the country increased 5.5%, the largest increase in nearly 5 years! In the western portion of the United States that figure ...
When the world went to financial hell in a handbasket in the Great Depression, people went to the movies. Today, they go to Montana or maybe even Mongolia. But if your investments just did a swan dive - and whose didn't? - you might be considering ...
Besides the drama of the presidential race, there are several issues on the ballot Nov. 4 that will have long-term consequences for our rights and the welfare of North County. We’ve decided to take a few of the issues on the ballot and explain why ...
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Whether it's the snowy slopes of Colorado, the blue waters of Miami Beach, or the picturesque golf courses of Hilton Head Island, finding a quality vacation rental is becoming easier every day. That's especially true now as the economy sinks into ...
If California's Disneyland calls itself the "Happiest Place on Earth," Florida's Walt Disney World must be the happiest place in the universe, given its enormous size. The resort spans 43 square miles, with four theme parks, dozens of hotels, several ...
Where can pre-teens have Halloween fun? DestinationVillas.com ranks LegoLand best Halloween amusement park for pre-teens. Festivities include a LEGO candy corn scavenger hunt at the haunted hideaways. A free souvenir bag includes collectible ...
Renting a vacation home may be cheaper and provide more space and privacy than the typical hotel room, but some travelers still hold back for fear of falling victim to the phenomenon industry insiders call SNAD: significantly not as described. You ...
From left, Parker Heaton, 8, Lyla Heaton 5, Ben Berend 8, and Rell Berend 11, play in the sand at Beacon's beach in Leucadia on Thursday. On Nov. 4, Encinitas voters will decide whether to tax short term vacation rentals 2 percent to fund sand ...
If voters are feeling pinched by stagnant wages and a plummeting economy, it didn't show at the polls Tuesday. Sales tax increases and school bond measures were approved in communities across San Diego County and California, with some propositions ...
California Beach Vacation Rentals Links
Vacation Rentals.com allows you to find the perfect California vacation rentals for you and your family. Whether it's a California cabin rentals, beach houses, wine country ...
... Vacation Rental Homes, Villas and Vacation Home Rental Condos anywhere in the world including Florida Vacation Rentals, California, Hawaii, Cape Cod, Mexico, Italy and other Beach ...
California beach homes are the best way to enjoy the sun and sand in one of our most popular vacation destinations. With over 700 miles of coastline, there's a lot to explore, and ...
Find vacation rental homes, beach house rental, long beach resort, southern California beach rental for family vacations or romantic getaway and trip planning at ...
Consider staying in a Long Beach vacation rental for your next vacation to Long Beach and book a Long Beach rental house, condo, cabin or villa on Vacation Rentals.com. Long Beach ...
Offers vacation rentals and corporate housing in San Francisco, Lake tahoe and Pismo Beach. Includes views of properties and rates.
California beach vacations are some of the best experiences and family vacation ... and the San Diego Zoo. But, with so many beaches, awesome beach resorts, fun vacation rentals ...
The Southern California Beach Club brings to life the laid-back California lifestyle. Just steps from the Pacific, our Oceanside, CA, vacation rentals give you the ideal space to ...
If you want to experience the local lifestyle of California, then California beach vacation rental is the perfect place for accommodation.
Life is a beach at these fully-equipped vacation beach rentals in beautiful Encinitas, California. Just north of Del Mar and 10 minutes from Legoland. Laguna Beach and Kauai Hawaii
California Beach Vacation Rentals Blogs
Resorts rate Smashing Your Vacation Plans by Ada Denis Are you designing a holiday but cringing at the view of enlarged motel payment? Perhaps you are bringing the full extended household with a few aunties, uncles, nephews and nieces made in. Or perchance you are a group of college supporters on a limited budget. If your group is extended, the price of a motel can prepare or exit your vacation. So don’t attempt to get up everyone into a average hotel room to save up money. The result just ma
Lapland Holidays by Mark Anderson A holiday in Lapland will uncover a beautiful winter wonderland for all ages. Lapland has sections in Finland, Norway and Sweden and is found in the Arctic Circle. Besides a variety of winter sports Lapland also offers a look into a Christmas wonderland complete with Santa, elves and reindeer. The Christmas activities include a sleigh ride, meet and greet with reindeers and Rudolph, meet Santa face to face, see Santa’s elves in action and visit the post offic
Job Travelling Hints by Ada Denis Business Concern travel is on the rise as an increasing number of companies have customer bases all over the worldwide; the Internet whilst making the world smaller has enhanced the likely markets available; It is business travelers though who are opinion the extend with raising strain and tire levels. There are some things you can do to trim the sum of stress and pall that happens and some amusive business travel tips and information that is added in this art
Holding a Family Summer Vacation by Ada Denis When you are seeing into traveling with the family, you may find it exceedingly tough to find the ideal destination to suit your requires. This is because whilst there are some really good family themed destinations out there to choose from, not all destinations are suitable for families. So where exactly should you go if you are planning your next family vacation? Breaks for Families When it gets to planning vacations for the totally family, it
Experience the Best of Italy at These Top Hotels by Tess Kirkpatrick Whether you long to tour the historic sites of Rome or sip wine from the terrace of a Tuscan villa, a trip to Italy is sure to rank as one of your top travel experiences. Italy offers so many unique and interesting experiences; it can be difficult to narrow them all done for one vacation. Perhaps the best way to approach Italy is to plan to follow several different itineraries and focus on a few unique places. You might dec
Great Tips For Buying A Cyprus Villa by Tim Martins The number one Holiday destination in Europe is now Cyprus, plus there’s a slow growing trend of people returning to buy property over there. Cyprus is a paradise island and has everything you need. At the moment the property market is on a very steady climb, so your better of buying sooner rather than later. If you are going to buy a Cyprus property make sure you research the market first. You may think it is risky buying a property abroad,
Best Cheap Hotel Deals by Dane Masters We all like to get away from it all once in a while, but some of us feel like we can’t afford it. What with the price of airfare skyrocketing and gas prices getting ridiculous it is no wonder that most of us are putting off our vacations indefinitely. But what if there was a way for you to enjoy a nice vacation without breaking the bank? There is, as long as you are willing to do some research first. I’ve met quite a few people in my years who travel for
Cyprus Rental Villas all year round by Tim Martins Holidays and vacations are what everyone looks forward to so they can rejuvenate themselves. One can have many options, while looking for holiday destinations, but sometimes they aren’t feasible. Cyprus can be a beautiful option to choose from and it is a place that gives you all the luxury and privacy that you would want to have while enjoying your vacations. The island of Cyprus is so beautiful it will move you to tears as you feel the gold
Property in Costa Blanca Spain. Buying and selling by Andrew Tyalor Many house owners in Costa Blanca Spain are struggling to sell their property just now. So we have put together a few tips to perhaps help you. You may feel that installing new things in your house like air conditioning or bathroom refitting, should increase the value of your property.Well this is not always the case because when it comes down to the basics buyers are comparing the number of rooms and their sizes with similar
Tips to Prevent Passport Problems by Ada Denis Before You Exit On Your Trip 1.Check to see if you even take a passport Countries can, and often do, change international entry necessities. If you get in at the airport without the essential documents, you’ll be refused getting on favours. And, of course, This isn’t covered by travel insurance. 2.Utilize for your passport new You should hold for a new passport at least 90 days before your leaving date. For a renewal, begin the process 8 to 11
Holidaymaker Attractions in Sweden by Ada Denis Sweden is one of Europe’s strongest observed secrets. The state has so much to offer. Besides, it’s very affordable today and the climate is much better than most individuals consider. Here they are Lake Siljan Come Up in the heart of Dalarna, main Sweden, this lake is the center of folklore and tradition. Dalarna is a favourite vacation finish in summer. Thousands of Swedes see Leksand every year to experience the midsummer pole place up. Th
Mexico Trip Planning by Gary Pearson It is a good idea to evaluate the cost as well as the package which is offered when you plan to go to Mexico as this will give you the most for the money you have spent. It is possible to have a lot of fun on a vacation to Mexico including the places to stay and the food you have. You will get a lot of help if you take an all inclusive vacation in scheduling the stay. The all-inclusive package allows you to get the planning including the itinerary done with
Oregon Hotels in Portland by Ada Denis The following are several of the greatest resorts in Portland. The highly applauded Embassy Suites Downtown Portland is located familiar to the Oregon Convention Center, the US Bancorp Tower, Open Up Courthouse Square, Portland Art Museum, Pearl District, Initiate Spot Surfing Shopping Mall, and the Portland Midway for Doing Arts. This full-service, stylish building is minutes from Portland State University and Portland International Airdrome - PDX. Clie
A Instant Tour of Spain by Ada Denis With over fifty million tourers visiting Spain each year, this general West European country must have something remarkable which appeals the visitor. What exactly is it …? The great beauty of this stunning land can be summed up in just one word - variety - and, as you all well know, variety is the spice of life! Whether you are referring to its mood, geography, history, culture or cuisine … there is something to appeal to all tastes, ages and pockets. T
Beautiful Tropical Beaches! by Ada Denis The world is prosperous with fantastic beautiful sandy extended beaches. These gracious sun covered beaches are just waiting for us to come and love. A remarkable style to experience a number of these glorious tropical beaches while on one holiday is by cruising. Move in loosening and luxuriant quilt across the sparking turquoise water from one finish to another by glorious cruise ships and then delight yet new tropical paradise and the great beaches ex
Things to Acknowledge About Air Travel by Ada Denis While moving by airplane is perchance the smartest direction to reach out your vacation destination, it is not without its portion out of unpleasantness. Being aware of the average problems riders of planes complain about and knowing how to conduct with these can sure enough make your flying go through a little less moody and maybe even enjoyable. A wide number of those who touch in air travel complain about the lack of space on airplanes. H
UK Package Vacations by Ada Denis Working nine to six may be the mode to make a living, but all work and no play can be cause for a very painful, boring individual! Not to mention, your family and boosters no doubt are careful with the sum of time you expend at work, and would actually love to take a holiday with you! While it’s great to set up your career, and work hard to improve on your duties, it’s also remarkable that you take some time for yourself, spend time with friends and family, an
Carnival Destinations by Ada Denis Carnival is a fete season that marks the getting of lent featuring troops, masks, balls, and for lots of masses, a beach vacation. This year, most countries celebrate Carnival during the first week of February. So carry your bags and head out to some of the nicest destinations to celebrate Carnival. Brazil Brazil is the turn 1 Carnival destination in the global. The Carnival in Brazil dates back to the 1720’s when Portuguese immigrants come. Today, the Braz
California Beach Vacation Rentals Images
Navigation
