• Tenerife, Adeje, Fañabe
  • Calle Londres 8, Yucca Park

Property for Sale in Tenerife 

 

SILK WAY STAR provides ready-to-move services for all types of real estate transactions. With the professional help of our agents, you can sell a flat in Tenerife profitably and safely. We carry out the full cycle of property management from consulting to the final closure of a deal and transfer of documentation to the name of a new owner. The cost of flats in Spain has been steadily growing in recent years. This is due to the fact that the country is gradually getting out of the crisis. Although this is not a fast process, improvements in the economy have a positive impact on the state of the real estate market. 

At the same time, the cost of Spanish property depends on many factors such as the region's rating, level of demand and the quality of construction. Undoubtedly, houses by the sea on average are more expensive than real estate in the central areas. However, there is still a wide range of prices within these categories, and it is not always clear why prices for similar at first glance real estate units differ almost by times. Due to the extensive experience of work, we know the nuances of pricing in the field of residential and commercial real estate in Tenerife. Our experts will evaluate your property taking into account all the nuances of the market and will consult you on any financial and legal issues. 

To quickly and effectively sell a villa in Tenerife, a plot of land or a flat, SILK WAY STAR takes the following steps:

  • - Analysis of the property unit that includes, inter alia, assessment of the condition, location, year of construction, and the cost of similar property in the housing market. The recommendations on the selling price are given based on the received data.
  • - Professional photography.
  • - Publication of the information about the property on the SILK WAY STAR website and social networks.

 

The list of documents required for the sale of real estate in Spain includes:

  • - Assistance during the conclusion and processing of a transaction;
  • - For non-residents: preparation of necessary documents for the tax payment in the amount of 3% of the value of the property;
  • - Translation services.

 

The list of documents required for the sale of real estate in Spain includes:

  • - identity card; - details of the Spanish bank account;
  • - an extract from the Property Register (Nota Simple);
  • - the original of the deed of ownership (Escritura);
  • - certificate on the closure of the mortgage (if any);
  • - the latest receipts for IBI tax, garbage collection, water and electricity bills;
  • - energy performance certificate; - certificate from the homeowners association (HOA) on the absence of debts;
  • - request for the amount of Plusvalía tax (municipal value added tax).

 

Stages of the procedure for executing a property sale transaction include:

  • - Drawing up a contract for the provision of real estate services;
  • - Deposit payment by the buyer at the rate of 10% of the cost of housing for the reservation of the property;
  • - Signing of the deed of ownership by a notary (supported by the company’s agent);
  • - Final settlement with the seller (The buyer provides a check for the remaining amount issued by the Spanish bank);
  • - Filling of tax forms and paying Plusvalía tax (paid by the seller);
  • - Change of the owner's name and transfer of all contracts to the new owner.

 

Silk Way Star S.L. | Calle Londres 8, Yucca Park, office bajo izq. | 38660 Adeje, Fañabe, S/C de Tenerife, Spain | +34 672 303 989 | info@tenerproperty.com