To sell or not to sell my property ?????

Karen said:
18 November 2009 @ 21:25

It is not necessary to have a solicitor to sell your property in Spain all the work is not by the buyers solicitor unless you have a mortgage to clear. You would have to use the services of a Gestoria to pay taxes etc. If you do insist on using a solicitor instead, a fee of around 300e should be sufficient for a straight forward sale.

Frangemini said:
18 November 2009 @ 21:41

Thanks Karen - I do have a mortgage to clear so I think I need to use a solicitor.

Maria Rodriguez said:
19 November 2009 @ 14:59

I do not think you need a solicitor, even considering you have a mortgage, you need to contact the bank because without them you cannot sell. It means for you to sign out the official deeds to another person, the bank need to receive whatever is left in the mortgage, plus the cancellation fee the seller will pay normally to cancel the mortgage.
The most important thing that you need to ask a solicitor if you are a non resident is if you have to pay the same taxes as a resident. As a resident, we in Spain, have to pay a tax when selling a property. If for example I bought a house for 100.000 (this is in the oficial deeds) and are selling now for 150.000 (also recorded in the new deeds) the seller has to pay 20% taxes to Hacienda on the benefit generated, i.e. 50.000 euros benefit will be tax at a 20% for hacienda. If the seller has no profit, then there is no tax on it.

Regards
Maria

Frangemini said:
19 November 2009 @ 22:59

Thanks Maria - I thought that I would be able to settle the remainder of the mortgage from the proceeds of the sale. I will have to make contact with the bank then to see if I am able to sell -before I do anything else.

CARLOS said:
27 November 2009 @ 17:25

THIS IS e-mail IS FOR Mrs. FRANGEMINI.. IF YOU ARE STILL INTERESTED IN SELLING YOUR PROPERTY AT ALCORES DE CALAHONDA .. WE CAN HELP YOU OUT SELLING IT.. WE HAVE SOLD ALREADY 6 PROPS IN THAT COMPLEX.. MY MOBILE NR. 670509988.. REGARDS

frangemini said:
27 November 2009 @ 22:15

Carlos - thank you for your comment - the apartment is not in Alcores De Calahonda. Can you tell me where else you have sold properties in Riviera Del Sol? Do you have a Web Site?

Moraira Property said:
05 January 2010 @ 11:14

Good luck with your sale. maria's comments seem wise. her blogs on this site are thoughtful and well thought out. If you decide to use a solicitor she would seem to be a good choice if she will deal in your area of Spain