Archive for December, 2018

postheadericon The Seller Perspective: The Types of Properties AvailableTo Buy In Spain

Wondering what are the types of Spanish properties available? Thinking whether to invest in a property in Spain now? Or are you looking to sell one of your real estate properties?

The types of homes available to buy in Spain:

It’s always handy to know a few basics about the market when it comes to real estate.

l  Understand the potential uses of the land

Most people looking for vacant houses to buy want to move in quickly or after a couple of renovations. Most people don’t seek out for the rebuilding of a house and want to find something quick. On the other hand, the land buyers are quite keen on finding the right area, along with a good prospect that allows them to explore their options on what they can achieve. One may want to buy the land for development, farming, recreation, or for some other purpose. Thus, they look around for more customizable options as compared to homebuyers.

l  Do your homework on the land you’re selling

One really needs to be a “land expert” in order to sell it well. The features come with a paper to prove andmust be extremely competent. When buying a house, one can tour it, look at the rooms, and the amenities the house offers. Another important factors could be the disaster potential and how the house will be up for it, any other risks like termites or pests that may be involved as well. But the same process cannot be taken with the land. One needs to conduct a geological survey of the land before putting it up for sale. You may have to show the buyer soil samples, water samples, grading, and landscaping for the buyer to get an idea of how they’ll be able to use the land as per their needs. Thus, selling becomes more difficult here.

l  Sell the potential of your land

For a house, one needs to sell it to the buyer by showing them the potential in living there someday. But, while selling a land, you need to showcase the potential of development while selling it. Given how everyone wants to move quickly in this era, the market for land has grown lesser and thus, fewer people want to buy lands instead of houses. Therefore, you can tell your buyers that the city is moving towards buying empty lands due to the immense development potential that comes with it. You can show them that it’ll be great to develop a new community over the land someday. You can also show the buyer some geological surveys for potential farming or recreation possibilities and can sell the land