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Seller's Guide

Step-by-step process for selling a property in Inland Almeria.

How to sell a property in Inland Almeria

The process of selling a property in Spain usually includes the following stages:

  1. Property valuation
  2. Review of legal documentation
  3. Preparation and marketing of the property
  4. Viewings with interested buyers
  5. Negotiation of an offer
  6. Signing of a reservation agreement
  7. Signing of the deposit contract (contrato de arras)
  8. Signing of the public deed before a notary
  9. Payment of taxes and change of ownership

Below we explain each of these stages to help property owners understand how the process of selling a property in Inland Almeria works.

Guide index

1. Property market in Inland Almeria

The property market in the interior of the province of Almeria has its own characteristics.

A large proportion of buyers come from the international market, particularly from countries such as:

Many buyers are looking for villas, country houses or rural properties in areas such as:

For this reason, it is particularly important to work with an estate agency that has experience dealing with international buyers.

2. Property valuation

Property valuation is one of the most important aspects of the selling process.

Setting the correct price from the beginning is essential in order to:

Working with Clover Estates, an estate agency with experience valuing properties for the international market, helps ensure that the price is realistic and competitive.

Once the valuation has been completed, the owner and the estate agent agree on a guide price based on the analysis of the current market and comparable properties in the area.

At this stage, Clover Estates prepares a sales instruction agreement, also known as an estate agency brokerage contract.

This document is signed by both parties and sets out the conditions under which the estate agent will market the property.

The instruction agreement normally includes:

Signing this document formally begins the marketing process for the property.

Common mistakes when selling a property

Avoiding these mistakes helps achieve a faster and more secure sale.

3. Property documentation

Documentation is one of the key aspects of avoiding delays or problems during the sale.

Typical documents include:

Information relating to the property is provided by the owner or their legal representatives.

For this reason, it is recommended that a specialised lawyer reviews the documentation before any purchase contract is formalised.

4. Marketing strategy and property preparation

Once the property has been analysed, Clover Estates develops a marketing strategy aimed at finding the right buyer.

Before starting promotion and viewings, it is advisable to prepare the property:

Marketing may include:

The property may also be promoted at international property exhibitions such as:

5. Viewings with potential buyers

During viewings it is important that buyers can see the property calmly and in the best possible conditions.

It is recommended to:

Clover Estates keeps the seller informed with feedback from viewings and arranges appointments by notifying the owner in advance.

6. Purchase offer and reservation

The purchase offer is one of the most important stages of the selling process.

At this stage the main negotiation concerns the sale price of the property.

When buyer and seller reach an agreement, a reservation agreement prepared by the estate agent is signed.

At that point:

This initial agreement allows the lawyers to begin the legal review of the property.

7. Deposit contract (arras)

The deposit contract (contrato de arras) is usually signed approximately two weeks after the reservation, once the lawyers have reviewed the property documentation.

At this point, a payment equivalent to 10% of the purchase price is normally made, deducting the amount already paid with the reservation.

This amount is paid to the seller by bank transfer to their account.

The arras contract also includes an inventory of furniture or items included in the sale of the property.

The contract should also specify how the final inspection of the property will be carried out before signing the deed, to confirm the condition of the property and the agreed inventory.

Power of attorney

If the seller cannot travel to Spain, they can grant a power of attorney to a lawyer or legal representative.

This power allows the lawyer to carry out various procedures on behalf of the seller, such as:

8. Deed of sale

The sale is formally completed by signing the public deed before a notary.

At that moment:

If the owner has granted a power of attorney, the lawyer can sign the deed on their behalf.

After completion, the buyer's lawyer normally manages the change of ownership of utilities and the payment of the relevant taxes.

9. Work of the estate agent and cost of the service

During the selling process the estate agent carries out many tasks to promote the property and find a buyer.

These include:

All these services and the marketing costs associated with promoting the property are free of charge to the seller if the property does not sell.

The estate agent's commission is only paid when the sale is successfully completed and is normally paid on the day the deed is signed before the notary.

10. Tax planning when selling

When selling a property in Spain, several taxes may apply.

Capital gains tax

Capital gains tax is paid on the profit obtained from selling a property.

It is calculated based on the difference between the purchase price and the sale price, with certain expenses related to the purchase or sale being deductible.

Typical costs when selling a property

Costs that may arise during the sale include:

3% tax retention for non-resident sellers

When the seller is not a tax resident in Spain, the buyer must withhold 3% of the sale price of the property and pay it to the Spanish Tax Agency using form 211.

The seller then submits form 210 to calculate the final tax liability.

11. Frequently asked questions

Is it mandatory to hire a lawyer to sell a property?

It is not legally required, but it is recommended in order to review documentation and manage the legal process.

Can I sell my property without travelling to Spain?

Yes. It is possible to grant a power of attorney to a lawyer who can sign the documents on behalf of the seller.

How long does the selling process usually take?

Once an offer has been accepted, the process until signing the deed usually takes between 4 and 8 weeks, depending on the transaction.

12. Thinking of selling your property?

If you are thinking of selling your property in Albox, Arboleas or the Almanzora Valley, Clover Estates can assist you throughout the entire process, from the initial valuation to signing before the notary.

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