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We are a family-run estate agency, specialists in residential and commercial real estate in Javea, with more than 30 years’ experience. During the past three decades, the Spanish real estate market has changed dramatically, along with the tools and selling means at our disposal. Despite the changes, our goals are the same. Our job is to bring property buyers and sellers together, and we only receive a fee when we arrange a successfully completed sale.
The principal focus of our work is finding a fitting buyer for your property. Based near the centre of Javea, we concentrate on an approximate 25km radius selling apartments and villas to those looking for holiday homes and also for all-year-round living. As one of Javea’s longest established Estate Agents, we have the knowledge to guide you on all aspects of the sale, including achieving a maximum price.
We use the latest technology and marketing techniques to find you a buyer. Unsurprisingly, the internet the essential tool for real estate marketing, promotion, and communication. We do everything we can to present your property in a thoroughly professional way only with high-quality professional photographs and informative descriptions on our easy to navigate company website, as well as several very high traffic partner sites.
Social media has a huge influence on all the lives of most people, and we use it extensively to deliver details of your property to buyers worldwide. We also work in collaboration with other Costa Blanca agents using the most active market leading multi-listing property platforms to make sure that you have the greatest likelihood of finding a buyer.
Property Portals also play an important part in generating interest for your property, and we are constantly renewing our listings on the portals give your property the best chance of being seen by qualified customers.
Valuvillas sells property in Javea (Xabia), Denia, Benitachell, Moraira, and inland areas including Lliber and the Jalon Valley.
To take the first steps to sell your property, please give us a call, and we will discuss the options with you to formulate a proactive plan to achieve the best result in the shortest time frame.
Property sellers frequently ask us about the costs of selling a Spanish property. Here we provide information to prepare you for the taxes you are liable to pay and other costs involved.
The first tax to consider is Capital Gains Tax. This tax is based on the increase in the property’s value (your profit) during the time you were the owner. The rate imposed is 19% on the profit for residents of the European Union, and 24% for non-EU residents. Buying and selling fees may be subtracted from the profit. Any improvements you made, provided you have kept bills, may also be taken into consideration.
If you are selling as a non-tax resident, the buyer must hold back 3% of the selling price and pay it on to the tax authorities for your possible tax debt. If you sell at a loss, and your taxes in Spain are fully paid, you can reclaim all or some of the withheld tax. This is frequently referred to as the withholding tax.
Spanish residents, aged over 65 years who are selling a property that they can prove has been their primary home for the last three years, are excluded from Capital Gains Tax.
A more complicated and controversial tax is the plusvalía. Plusvalía is a municipal tax payable to the local Town Hall. It is based on the “official” increase of the value of the plot on which the property is built during your time of ownership.
This is a controversial tax because the official value of land always rises in Spain, even when market values have dropped. Several Spanish courts have stated the way this tax is calculated is incorrect, primarily when the property is sold at a loss. It is expected that the Government will act to change this tax, though, at the time of writing (Spring 2020), the tax must still be paid. In some circumstances, it may be possible to request a refund in retrospect. However, success is certainly not guaranteed, and you should ask for a lawyer’s advice. There are no age-related exceptions for plusvalía.
The costs of selling include your estate agency and lawyer’s fees. Most agencies, including ours, charge for success only, So no sale – no fee. If you change your mind about selling and take the property off the market, you will pay nothing. Our fees are generally paid at the notary office at the time of the sale. To find out more about our fee structure, don’t hesitate to get in touch with us.
We always advise that sellers of a home use a lawyer. This prevents potential pitfalls and communication problems. We suggest involving the lawyer as soon as possible to check that paperwork correct and to avoid last-minute issues. Lawyer’s fees are customarily assessed at the rate of 1% + IVA, although some lawyers charge a cheaper rate.
If your home has a mortgage, you will be subject to Mortgage Cancellation costs. Even if the mortgage is fully paid, you need to check that it is properly recorded in the land registry. This means getting a bank representative to sign at the Notary at the cost of between 500 and 1,000 euros. This should be bought to your lawyer’s awareness at an early stage. You’ll need to check with your bank if there are any mortgage redemption fees.
When planning on selling a property, we recommend that you use the following checklist:
Alternatively, call in to see us at:
ValuVillas
Carretera del Cabo La Nao-Pla 141,
Xàbia, Alicante.
For over 30 years ValuVillas has been a leader in the Javea property market sector, and every year we make it simple for hundreds of buyers and sellers to enjoy a smooth property transaction. Based in the heart of Javea on the Costa Blanca, we offer every solution to guide you through the buying process and make your dreams of owning a Spanish property come true. With a huge choice of properties on our books, we can find you an apartment, a villa or a townhouse to meet your needs.