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When one wishes to sell their country property in Spain it is advisable to use a lawyer, preferably one that knows everything about the region in which your property is situated. They can also help you to understand the legal and financial process.

Your lawyer will ensure that your property has the correct documentation, they will draw up the necessary  contracts, so it is a good idea to hire a lawyer that knows what needs to be done with no exceptions. In terms of of finance, there are several taxes and costs incurred which must be paid upon completion or retained for post completion taxes. It is essential that all your taxes are correct and up to date. The checking process is the same as if you were buying a property, where you check that all the documentation is in order. The seller must ensure that everything is perfect so that the sale can go through without any complications.
 
The selling process involves the following stages:
 
• Price negotiation.
 
• A signed document called the acceptance of offer, where it states the sales price and the Estate Agents commission.

• Payment of the reservation fee and a signed reservation contract.

• Checking of the property documents, to make sure they are correct and up dated.
 
• Personal documents up to date.
 
• Up to date paid taxes and any other charges (IBI, utilities, etc.)

• Once the documentation has been checked, then the 10% contract will be drawn up and the buyers will pay the 10% amount to the sellers. On this contract it will also state the maximum date for the completion at the notary.

• Arrange the day and time for the completion at the Public Notary.
 
• Post completion taxes and accounts.
 
The taxes and costs you will need to be aware of, consist of the following:
 
• Plusvalía and IBI.
• Utilities 
• Non-resident tax.
• The Estate Agents commission.

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