The Ultimate Guide to Selling Your Home in Alfaz del Pi

It’s no secret that Alfaz del Pi is one of the most sought-after residential markets for both expats and residents in the Valencian community. Boasting an enviable climate and a host of tourist-friendly attractions, the town’s property market continues to thrive year on year. Whilst the high demand and lower density of properties in this region will work in your favour as you look to put your property on the market, this knowledge does not necessarily make the process less daunting.

With an endless mountain of paperwork, and the pressure to sell up and move on quickly, selling your property in Alfaz del Pi can be a time-consuming and draining process. That’s why the Euro Weekly News has put together this guide combining top tips and best practices from seasoned experts who know La Nucia’s property market like the back of their hand. We’ll take you through an exploration of the local property market, then onto top tips for attracting buyers, and finally through price expectations and legal obligations.

Whether you’ve been enjoying this stunning coastal town for years or you’re an investor looking to sell up and diversify your portfolio, this how-to guide has you covered.

Choosing a Real Estate Agent

Choosing the right real estate agent is an important decision as a skilled and experienced agent can make the difference between a hassle-free sale and a stressful costly ordeal. As there are many properties in Alfaz del Pi for sale and rent it is essential to begin this journey by conducting thorough research and seeking recommendations from a trusted source. Look for an agent who specialises in Alfaz del Pi and has a proven track record. Communication skills are crucial; you want an agent who listens to your needs, responds promptly, and keeps you informed throughout the entire process.

What are the Benefits of Working with a Real Estate Agent?

Market Expertise: Real estate agents have in-depth knowledge of the local housing market in Alfaz del Pi, including current trends and pricing.

Contacts: Agents have direct access to a catalogue of people already interested in properties for sale in Alfaz del Pi giving potential sellers greater exposure. Agents also have a network of professionals like home inspectors and contractors which can be helpful throughout the process.

Hassle-free Process: Agents save their clients time by pre-screening properties, setting up showings, and handling paperwork allowing you to focus on other aspects of your life.

Price Guidance: Agents help sellers set the right price for their property based on the market to make sure you don’t overprice or undervalue your home.

Legal Help: Real estate agents help ensure paperwork is completed correctly which can protect their clients from any legal issues in the future.

Market Exposure: Agents will market your property extensively and reach a wider audience through their listings, social media, websites, and contacts.

Our recommendation:

Epic & Caral Real Estate

Epic & Caral Real Estate stands tall as a seasoned and registered real estate agency, boasting over 25 years of expertise serving the vibrant Costa Blanca, specifically in the Marina Baixa region. With a firm commitment to excellence, this agency prides itself on delivering personalised and efficient services, ensuring clients’ dreams and aspirations in the real estate market come to fruition.
Specialising in the purchase, sale, and annual rental of properties, Epic & Caral understands the intricate concerns and queries that come with such transactions. Recognising the significance of these life-changing decisions, the agency dedicates itself to comprehending clients’ needs meticulously, striving to match their expectations with the ideal homes available in the market.

One of the distinctive features of Epic & Caral is its comprehensive service model, offering a broad spectrum of solutions facilitated through an extensive network of professionals. This network encompasses lawyers, engineers, financial institutions, insurers, and real estate agents from the API collective, ensuring a seamless experience for their clientele.

Epic & Caral’s unparalleled services encompass various facets:

Real Estate Services:

Guided support through property transactions, ensuring a smooth purchase or sale process.
Facilitation of Spanish tax number (NIE) applications for buyers, streamlining the administrative process.
Assisting in opening bank accounts is an essential step in property acquisition.
Meticulous review of legal documents and investigation of any existing debts or charges on the property.
Coordination of essential documentation required for notary procedures during property transfers.
Expertise in exploring financing options for clients who require financial assistance.
Post-purchase support in transferring utility contracts into the buyer’s name.
Offering guidance on securing the best insurance options for properties and other relevant assets.

Tax Advisory Services:

Comprehensive management of Spanish taxes for both residents and non-residents, ensuring compliance and peace of mind for clients.
Choosing Epic & Caral signifies opting for a reliable, professional, and results-driven partner in navigating the intricate landscape of real estate in the Costa Blanca region. With a track record of success and a commitment to client satisfaction, the agency continues to be the go-to destination for individuals seeking a seamless real estate experience in this picturesque coastal area.

Contact Epic & Caral Real Estate today

Contact details

Website: https://www.epic-properties.es/

https://landings.euroweeklynews.com/epic-caral/

Office Telephone: 0034 966 860 481

Heidi Bor: 0034 652 138 577

Luisa Carmona: 0034 677 455 892

Email Heidi: bor@epic-properties.es

Email Luisa: luisacarmona7@gmail.com (Luisa)

Address : Avenida País Valencià 3, local, 03580, Alfaz de Pi

Opening Hours:
Monday-Friday 9 am – 5 pm. Closed on Saturday, Sunday, and public holidays.
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 Alfaz del Pi property market

Alfaz del Pi is located in the province of Alicante (Marina Baixa) in Valencia. This beautiful well connected town with stunning mountain and coastal  has a population of 20,053 according to statistics by epdata.es and 56 per cent of the population are international residents. Alfaz del Pi is located just 42 minutes from Alicante-Elche Airport, and one and a half hours from Valencia Airport who are expanding their operations with a view to offer flights to the USA. Alfaz del Pi is also just a 13 minute drive from Benidorm the popular tourist resort. With its beautiful scenery, warm climate, stunning Mediterranean beaches, and great facilities, it is an increasingly popular destination for people who are moving to Spain. This means the housing market in Alfaz del Pi is very active.

Luckily for those wishing to sell their home in Alfaz del Pi, the Valencian region grants a stress-free approach to selling property. Property prices across Valencia have remained stable in consideration of the COVID-19 crisis. Those who bought their home before the pandemic can expect to sell their home at a noticeably higher price with the average home reaching the market at around €1,800 per square metre. Compare this to 2019, where the figure sat around €1,400 . It’s important to get a feel of how other properties close by are ranked price wise on the market. This will give you an initial basis to navigate how much your house may be currently worth.

Local reports suggest that there’s been a huge uplift in buyer sentiment towards sustainable housing. According to reports, those selling properties which align with the eco-friendly expectations of local authorities will find it far easier to navigate the housing market. You may wish to explore where your home finds itself under these new expectations.

How to Sell Your Home Quickly in Alfaz del Pi

Working with a skilled real estate agent as we have mentioned previously will really speed up the process along with an accurately priced property. Getting to grips with the current real estate trends in Alfaz del Pi property market could considerably boost the efficacy of your sale strategy.

Selling Your Home with Solar Panels

An increasing trend in Alfaz del Pi’s real estate sector is the increase in demand for homes that have installed solar panels or other sustainable technologies. Thanks to the year-round sunshine this option is not only good for the environment but it is good for your pocket. Properties with solar panels or ecotechnology will increase your property’s attractiveness and market worth.

Also, keep in mind you will need to have the necessary documents such as the building permits, system warranties, and installation certificates for your potential buyers.

For more information you can contact INGENERGIA on the following email elazar@ingenergia.es

What Documents Do You Need to Sell a House In Alfaz del Pi?

There are a number of documents required in order to sell your home and a good real estate agent will help you through this process by helping you to fill out and organise all the relevant paperwork. To give you an idea of the documents required here is a handy list of the top documents you may need:

Preparation of utility contracts, community charges, and ‘Suma’ invoices. Liaison throughout the transaction with representatives of the Buyer and Notary.

Preparation of Notary Appointment and all related Paperwork

Translation at the Notary.

Calculation of 3 per cent retention.

Calculation and advice regarding Capital Gains Tax.

Fiscal representation throughout the whole process.

Calculation of Goodwill and a letter of ‘Good Standing’ with your community fees from the administration of your community.

Title deed, the Escritura Pública (original ones if possible)

Passport

NIE certificate/card

IBI, Impuesto sobre Bienes Inmuebles (Real Estate Tax)

Cadastral certificate

What Does It Cost to Sell Your Home in Alfaz del Pi?

Nota simple: This usually costs around €5 at the land registry office

Energy certificate: This cost will depend on the size of your home but the average cost is around €150

Cédula de habitabilidad (if it is compulsory in your autonomous community): The cost varies depending on the autonomous community and can range from €15 to €55.

Plusvalia: Sellers pay this tax based on the incremental value of the land over the number of years you have been the owner.

Community fees: If you live in an urbanisation you need to make sure all the community fees are up to date as this can slow down the sale of your property as you need to present a Community Certificate to the buyer when signing the title deed.

IBI and Utilities: IBI (council tax) needs to be paid for the full year by the seller and utility bills need to be up to date and proof will also be required to prove this.

Mortgage cancellation fees: If you have not yet finished paying the mortgage: this will be determined in the contract you signed for the acquisition of the mortgage and will vary according to your conditions. You may also be required to pay a Mortgage Cancellation and Registration Fee at the Notary, this can cost anywhere between €600 and €1,000.

Non-Resident Retention Fee: The 3 per cent retention fee is a capital gains tax that is applicable to non-residents when they sell a property. The buyer of the property will have to retain 3 per cent of the Escritura Sales Price to pay directly to Hacienda on the vendor’s behalf towards their Capital Gains Tax. The retention is based on the difference between the original purchase price of the property and the price it is sold for.

Agents Commission: If you do decide to work with an agent you will also have to pay their fees.

Legal Fees: A good legal office will help you arrange most of the documents required help you calculate the 3 per cent retention fee and give you advice and fiscal representation throughout the selling process.

Does Selling Your House Count as Capital Gains in Spain?

Yes, and capital gains tax (CGT) is due on the profits made from selling a property in Spain as mentioned above. When selling a property or investment the profit earned during the sale is taxable under Spanish law. A good legal office can help with this.

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