Guide: How to Sell Your Property in Spain
Selling Spanish property involves Spanish taxes (plusvalía and capital gains tax), the notary procedure, and a solid agent strategy. This guide explains what you need to prepare for — and how to avoid costly mistakes.
Preparing to sell
Gather these documents before putting your property on the market: título de propiedad (title deed), IBI receipts (at least 5 years), energy performance certificate (mandatory), cédula de habitabilidad (habitation certificate), and any required permits for private extensions.
Choosing the right agent
In Spain, estate agents are not licensed the way they may be in your home country. Anyone can call themselves an agent. Check whether the agent belongs to API (Agentes de la Propiedad Inmobiliaria). Commission is typically 3-5% plus VAT. Consider using one exclusive agent rather than several — it avoids creating a "fire sale" impression and gives the agent an incentive to invest in marketing.
Taxes when selling
Plusvalía municipal: a local tax on the increase in the land's value. Paid by the seller. If the property is sold at a loss, plusvalía can sometimes be avoided — but this requires documentation and legal assistance.
Capital Gains Tax (Ganancia Patrimonial): 19% of the profit (sale price minus deductible cost price and improvements) for EU citizens. 3% of the sale price is automatically withheld from non-residents as an advance payment.
Important: Any gain from selling your Spanish property may also need to be declared in your home country. Double-taxation treaties between Spain and many countries typically mean you only pay full tax once — but the process can be complex. Seek advice from an accountant experienced in cross-border taxation.