Are legal costs preventing you from selling your property in Spain? 

Selling your home in Spain can be challenging. Spanish Solutions can help.

Do you need to talk to our network of builders, lawyers, architects and of course conveyancing experts?

We work with many people who for one reason or another are having difficulty selling their home in Spain. It feels like a real “catch-22” situation. You need to sell your property in Spain for financial reasons: but ironically, you need money first, in order to sell your house!!

• Divorce cases 
• Death and Probate 
• Legal issues 
• Cash flow problems
• Contested will
• Equity Release 
• Squatters

None of these issues should stop you from selling your house on the Costa Blanca. We can bring investors on board who will work with us on a joint/venture basis. They will alleviate your financial issues, allowing us to help you sell your property quickly and for a fair price.

Like with everything else there is (almost!) always a solution. We have paid for our clients’ upfront court fees, cleared their probate bills, evicted their squatters and more. We charge at the end of the process, so that helps with our clients’ cash flow.

Recently a family in the UK inherited their grandparent’s Spanish home. The problem was the 18,000 euro probate bill that needed to be cleared before they got possession. They were thinking they would never see their inheritance. With their permission, we spoke to a pool of investors, one of which made them an offer. Our investor simply cleared the debt, got the property transferred to the heirs’ names and signed a contract. Once the pressure was off, we sold the apartment and everyone was a winner, including the new buyer who got a deal too!

Another example of a frustrated client we helped when selling her property:

Emma inherited a Cabo Roig apartment that had been rented for the past ten years. There was no Spanish will but a will existed in the UK. 

The condition of the apartment was not good, as you would expect from a rented property, meaning achieving a good sales price was unlikely. We figured a bill of 10,000 euros was not unreasonable to get the property into selling condition. 

While we investigated this situation, Pedro, our lawyer, started looking at the inheritance tax, mortgage, outstanding bills and the total amount Emma would need to have before the property could be put in her name. It was a surprise to find that the total legal and tax bill for Emma was running at around 40,000. Worse news followed and she needed to pay the money in advance before getting the property into her name. She could sell it for a heavily discounted price, but even that would be difficult considering the condition of the apartment. 

Emma and her husband were relying on a good sales price but found themselves in quite the “catch 22”. 

How did we help Emma to sell her property in Cabo Roig?

We knew the apartment was an excellent opportunity for an investor, due to the proximity to La Zenia Boulevard, Cabo Roig beach and marina, Paddy’s Point and similar bars and even the church in Cabo Roig. 

First thing we did was get a price for refurbishment. We said already that we estimated 10,000 would do it, but on inspection, we found a few small unexpected issues: A broken door with a round frame, that was very expensive to replace, a crack in the bath, broken tiles that we could not find a replacement for etc. Emma needed to get the work done, but wow would she ever find a builder she could trust? Any good builder around La Zenia is so busy they can barely afford the time to get quotations. We introduced her to a Spanish building firm so she didn’t have to find her own. We engaged with a top builder and architect from Pilar de La Horadada to ensure that the property was brought to a very high standard, not just aesthetically, but also from a safety point of view. 

From experience, we knew we could make the property better than when the key was first handed over 20 years ago by San Jose Builders. 

We paid for all the refurbishments on the condition that we could get our money back once it was sold. 

We then began to market the apartment. 

Selling a property in Cabo Roig, the clever way.

There is a shortage of really good, value-for-money property in Cabo Roig, but we advised our seller on the price to market it at which was fair to everyone. We know selling your him in Spain is not easy, but there are buyers out there waiting.

We settled on a figure of 125,000 plus costs to the new buyer which gave her a nice return, paid for the builders, cleared all expenses and probate issues and still left room for property appreciation for the new owner. 

The big winner was the new buyer. They now have a better-than-new-build property, at a resale apartment price, with the smell of fresh paint still wafting through the entire apartment.

The Cabo Roig area right now is red hot for property resales, with very little stock available, especially in such a great win/win arrangement.

The buyer got lucky and got a wonderful property. Spanish Solutions took care of the conveyancing, even with a small reduction in price.

Emma is delighted with the situation. Needless to say, she is very happy that she met our wonderful team.

Bottom line, when you are selling your property in Spain, we can help! If you are struggling for any reason, why not speak to a member of the team here? We love to show people what this group of professionals can do for you.

enquiries@spanishsolutions.net