Quick Answer To sell a property in Tenerife, you will generally need: your passport and NIE, the title deed (escritura), an up-to-date Nota Simple from the Land Registry, a valid Energy Performance Certificate, your latest IBI receipt, your last electricity bill (and water bill, if applicable) so the new owner can change the contracts into…
Finding a buyer can feel like the finish line when you sell a property in Tenerife. In reality, it is the beginning of one of the most important parts of the sale. Once an offer is accepted, documents need to be checked, agreements prepared, deadlines coordinated and the transaction taken safely to completion. Depending on…
Summer in Tenerife brings long sunny days, warm evenings and a well-earned slower pace for most residents. It’s a good time to unwind — and, if you’re planning to sell your property in Tenerife later in the year, it’s also a good time to prepare. Many owners assume any month is as good as another…
If you’re a non-resident planning to sell your property in Tenerife, one tax question comes up more than any other: “What is plusvalía, and how much will it cost me?” It’s a fair question, because plusvalía municipal is often confused with capital gains tax, with the 3% retention, or lumped together as “the taxes I’ll…
If you’re planning to sell your property in Tenerife, one of the first questions you’ll ask is: “What is my property worth in Tenerife?” Whether you own an apartment, villa, house or holiday home, establishing the correct asking price is one of the most important decisions you’ll make. Price your property too high, and you…
Yes – in many cases it is possible to sell your Tenerife property without travelling to Spain. A step-by-step guide from valuation to completion.
The main taxes and costs when selling property in Tenerife: capital gains tax, 3% withholding, plusvalía municipal and more.