{"id":1281,"date":"2025-01-24T10:58:38","date_gmt":"2025-01-24T09:58:38","guid":{"rendered":"https:\/\/ibizadomo.online\/do-you-want-to-sell-your-property\/"},"modified":"2025-04-02T09:56:44","modified_gmt":"2025-04-02T07:56:44","slug":"do-you-want-to-sell-your-property","status":"publish","type":"page","link":"https:\/\/ibizadomo.com\/en\/do-you-want-to-sell-your-property\/","title":{"rendered":"Do you want to sell your property?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1281\" class=\"elementor elementor-1281 elementor-285\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b3f40f2 e-flex e-con-boxed e-con e-parent\" data-id=\"b3f40f2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f153f91 elementor-widget elementor-widget-heading\" data-id=\"f153f91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Do you want to sell your property?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f3a7bad e-flex e-con-boxed e-con e-parent\" data-id=\"f3a7bad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b9bd5b elementor-widget elementor-widget-text-editor\" data-id=\"5b9bd5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1><b>Guide to Selling Your Property in Ibiza<\/b><\/h1><p><span style=\"font-weight: 400;\">Did you know that selling a house or property in Ibiza takes an average of 10 months?<\/span><\/p><p><span style=\"font-weight: 400;\">Selling a property in Ibiza presents unique challenges, influenced by seasonal factors and fluctuating activity during the high season. However, the Balearic Islands&#8217; real estate market has been one of Europe&#8217;s most stable since the 1990s. <\/span><\/p><p><span style=\"font-weight: 400;\">That\u2019s why we understand you need a clear and practical guide to navigate this process. In addition to managing commissions that range between 4% and 6%, you\u2019ll need to consider crucial aspects such as the necessary documentation and the proper presentation of your property. <\/span><\/p><p><span style=\"font-weight: 400;\">In this comprehensive guide, we\u2019ll walk you through selling your house effectively\u2014from initial preparation to successful closing. We&#8217;ll help you understand each stage of the process so you can make informed decisions and achieve the best results. <\/span><\/p><h2><b>Initial Preparation for Selling Your Home<\/b><\/h2><p><span style=\"font-weight: 400;\">Careful preparation before putting a property on the market in Ibiza makes the difference between a quick sale and one that drags on unnecessarily.<\/span><\/p><h3><b>Required Documentation<\/b><\/h3><p><span style=\"font-weight: 400;\">To start the selling process, you\u2019ll need to have several key documents in order:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Title deed and the nota simple from the Land Registry, certifying ownership and showing any encumbrances or restrictions<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An energy efficiency certificate has been mandatory since 2013 and is issued by an authorised technician<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A valid certificate of habitability confirms that the property meets the minimum requirements for habitation<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Property Tax (IBI) receipts and other local taxes for the past few years<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Coastal Law certificate is required if the property is near the coast<\/span><\/li><\/ul><h3><b>Property Condition Assessment<\/b><\/h3><p><span style=\"font-weight: 400;\">Before setting a price, carrying out a professional valuation is essential. An experienced real estate agent will analyse factors such as: <\/span><\/p><p><span style=\"font-weight: 400;\">The location and surroundings of the property, considering proximity to essential services.<br>The quality of construction and any improvements made to date.<br>Any potential issues that may arise during buyer visits.  <\/span><\/p><h3><b>Basic Improvements to Increase Value<\/b><\/h3><p><span style=\"font-weight: 400;\">Strategic renovations can significantly increase the value of a property. A standard renovation can raise the value by 15% to 20%, while a complete refurbishment could double the value. <\/span><\/p><p><span style=\"font-weight: 400;\">Some key improvements include:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Main space upgrades:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Kitchen renovation with modern and energy-efficient appliances.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Bathroom upgrades with low-consumption fixtures.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Installation of LED lighting systems.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Energy efficiency improvements:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Replacing windows with double or triple glazing.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Updating heating and air conditioning systems.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Improving wall and ceiling insulation.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Space optimisation:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Painting in neutral, modern colours.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Fixing minor issues like leaking taps or broken tiles.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Maintaining the garden and outdoor areas.<\/span><\/li><\/ul><\/li><\/ol><p><span style=\"font-weight: 400;\">A professional deep clean, particularly in kitchens and bathrooms, is essential. Additionally, consider hiring a home staging service to present the property more attractively \u2014 this can significantly increase its perceived value. <\/span><\/p><p><span style=\"font-weight: 400;\">For properties near the coast, it\u2019s crucial to maintain elements exposed to salt and humidity. The exterior presentation should be impeccable, forming the buyer\u2019s first impression. <\/span><\/p><h2><b>Setting the Right Price<\/b><\/h2><p><span style=\"font-weight: 400;\">Pricing a property in Ibiza requires a detailed analysis of the current market and a deep understanding of the factors influencing its value.<\/span><\/p><h3><b>Factors Affecting Property Value<\/b><\/h3><p><span style=\"font-weight: 400;\">Location is one of the most decisive elements. Properties in areas like Dalt Vila, Es Cubells, and Cala Comte command higher prices due to their exclusivity and international demand. Similarly, sea views significantly increase a property&#8217;s value.  <\/span><\/p><p><span style=\"font-weight: 400;\">The size and layout of the space are also crucial. Properties with open, bright spaces are more appealing to buyers. Additional features that increase value include:  <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sea views<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Independent water supply<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Underfloor heating<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Included furnishings<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Space for future expansion<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Privacy and size of the plot<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">For example, in Marina Botafoch, prices exceeded \u20ac7,000\/m\u00b2 in December 2023, while in Figueretes, apartments typically sell for between \u20ac350,000 and \u20ac450,000, although they often require refurbishment.<\/span><\/p><h3><b>Current Market Analysis<\/b><\/h3><p><span style=\"font-weight: 400;\">The average price per square meter in Ibiza reached \u20ac6,622 in January 2025, reflecting a 10.4% increase compared to the previous year. However, the market is evolving. In 2023, there was a shift from low and high demand to a more excellent and lower demand scenario.  <\/span><\/p><p><span style=\"font-weight: 400;\">To set a competitive price, it\u2019s essential to:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Conduct a comparative study: Analyse the prices of similar properties sold in the last six months, not just those currently on the market.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allow for negotiation: Keeping a margin for negotiations is advisable, as buyers usually negotiate the final price.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Evaluate seasonality: Ibiza&#8217;s real estate market has shown remarkable resilience, with prices recovering and often exceeding previous levels after downturns.<\/span><\/li><\/ol><p><span style=\"font-weight: 400;\">Specific market trends are particularly noteworthy. For example:<br>In San Jos\u00e9, the average price per square metre stands at \u20ac8,023.74, making it one of the few municipalities where prices are still rising.<br><br>San Juan holds the highest price on the island, at \u20ac10,472\/m\u00b2, reflecting a 42% increase since 2018.  <\/span><\/p><p><span style=\"font-weight: 400;\">Properties with tourist rental licences hold exceptionally high value due to the strong demand for holiday rentals. Additionally, factors such as energy efficiency and the use of sustainable materials can increase market value, responding to buyers\u2019 growing interest in sustainability. <\/span><\/p><p><span style=\"font-weight: 400;\">Working with an experienced real estate agent who can conduct a professional valuation is crucial to maximising the chances of a successful sale. Their knowledge of the local market and access to up-to-date information will help set a price that reflects the property&#8217;s actual value and current market conditions. <\/span><\/p><h2><b>Step-by-Step Sales Process<\/b><\/h2><p><span style=\"font-weight: 400;\">A successful sale in Ibiza requires a well-planned strategy and collaboration with the right professionals.<\/span><\/p><h3><b>Choosing a Real Estate Agent<\/b><\/h3><p><span style=\"font-weight: 400;\">Selecting the right real estate agent affects the sales process. A professional agent has a network of contacts and an in-depth understanding of the local market. <\/span><\/p><p><span style=\"font-weight: 400;\">To choose the ideal agent:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ask for recommendations from people who have sold properties recently.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check if they belong to professional associations. <\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Review their online ratings and social media presence.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Schedule an in-person meeting to assess their professionalism and knowledge of the market.<\/span><\/li><\/ul><h3><b>Photography and Digital Marketing<\/b><\/h3><p><span style=\"font-weight: 400;\">The visual presentation of your property is fundamental in attracting potential buyers. A professional photoshoot should include: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">15 to 20 high-quality photos with two or three shots per room.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Images with natural lighting and strategic angles.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Video tours or 3D virtual walkthroughs give buyers a more immersive experience.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Effective digital marketing involves publishing listings on multiple real estate portals and social media channels, maximising the property\u2019s visibility.<\/span><\/p><h3><b>Effectively Managing Property Viewings<\/b><\/h3><p><span style=\"font-weight: 400;\">It&#8217;s best if your real estate agent handles all inquiries and organises the visits to optimise property viewings. They should be responsible for presenting the property and highlighting its potential:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Before the visit:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Arrive early to set the atmosphere.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Turn on all the lights and open windows.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Create a welcoming atmosphere with soft background music.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">During the visit:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Follow a logical route that showcases the property&#8217;s best features.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Start with the most attractive areas.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Keep the property tidy and ensure no residents are present during the visit.<\/span><\/li><\/ul><\/li><\/ol><h3><b>Negotiating Offers<\/b><\/h3><p><span style=\"font-weight: 400;\">Once you receive an offer, the negotiation process begins. The real estate agent will act as an intermediary to: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Discuss the terms and conditions of the sale.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Negotiate the final price.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Agree on details regarding included furniture.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Establish signing and delivery dates.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">When an agreement is reached, it will be formalised with a Deposit Agreement (Contrato de Arras), which usually requires a 10% deposit of the agreed price. This contract will specify: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Detailed property information.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payment terms.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deadline for completing the transaction.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consequences in case of breach of contract.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">If the seller withdraws from the sale, they must return double the deposit. If the buyer cancels, they typically forfeit the deposit. <\/span><\/p><h2><b>Essential legal aspects<\/b><\/h2><p><span style=\"font-weight: 400;\">The legal aspects in the sale of a property in Ibiza require special attention in order to guarantee a safe transaction in accordance with the current regulations.<\/span><\/p><h3><b>Taxes to Consider<\/b><\/h3><p><span style=\"font-weight: 400;\">The seller is responsible for several taxes during the sale process:<\/span><\/p><p><span style=\"font-weight: 400;\">Capital Gains Tax<\/span><span style=\"font-weight: 400;\"> This tax is calculated on the difference between the purchase and sale price. The tax rates since 2023 are: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Up to \u20ac6,000 \u2192 19%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">From \u20ac6,000 to \u20ac50,000 \u2192 21%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">From \u20ac50,000 to \u20ac200,000 \u2192 23%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">From \u20ac200,000 to \u20ac300,000 \u2192 27%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Over \u20ac300,000 \u2192 28%<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">For non-resident sellers, the tax rate is 19% for residents of the European Union, Norway, and Iceland and 24% for residents of other countries.<\/span><\/p><p><span style=\"font-weight: 400;\">Municipal Capital Gains Tax <\/span><span style=\"font-weight: 400;\">This tax applies to the increase in the value of the land. The calculation is based on: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The cadastral value of the land.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The number of years of ownership (maximum 20 years).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The local council established the coefficient.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">The deadline to pay the municipal capital gains tax is 30 business days from the signing of the deed.<\/span><\/p><h3><b>Required Contracts<\/b><\/h3><p><span style=\"font-weight: 400;\">Private Sales Contract <\/span><span style=\"font-weight: 400;\">Although not mandatory, it\u2019s common to start with a private contract that is later elevated to a public deed. This document should include: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identification details of the parties involved.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complete description of the property.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Agreed price and payment terms.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Specific terms and conditions of the sale.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Deposit Contract (Contrato de Arras) <\/span><span style=\"font-weight: 400;\">This formalises the commitment between the buyer and the seller through a deposit, typically 10% of the total price. There are three types of deposit contracts: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Confirmatory: A commitment signal without direct penalties.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Penitential: Allows withdrawal with a financial penalty.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Penal: Establishes specific penalties for breaches.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Public Deed (Escritura P\u00fablica)<\/span><span style=\"font-weight: 400;\"> This final document formalises the property transfer before a notary. It requires: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Original ID or passport.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NIE (for foreigners).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Original purchase deed.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Energy efficiency certificate.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Documentation on existing mortgages.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">To ensure a secure transaction, it\u2019s essential to have specialised legal advice. A real estate lawyer can: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Review all documentation.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verify any charges or encumbrances.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure compliance with deadlines.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manage the registration with the Land Registry.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Foreign sellers must also consider double taxation agreements between Spain and their country of residence. Similarly, a specific Coastal Law certificate is required for properties near the coast. <\/span><\/p><h2><b>Successfully Closing the Sale<\/b><\/h2><p><span style=\"font-weight: 400;\">The final stage of a property sale is the notary signing, which marks the beginning of a new chapter for both the buyer and the seller.<\/span><\/p><h3><b>Notarial Process<\/b><\/h3><p><span style=\"font-weight: 400;\">The notary plays a key role in verifying the legality of the transaction. Before authorising the deed, they will request updated information from the Land Registry to confirm the property\u2019s legal status. <\/span><\/p><p><span style=\"font-weight: 400;\">During the signing, all parties involved must be present before the notary to formalize the public deed. At this time: <\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The notary certifies the statements of both parties.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issues the necessary legal warnings.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verifies the legal accuracy of all documents.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Immediately after signing, the notary sends an electronic communication to the Land Registry to secure the new owner\u2019s title. The original document, known as the \u201cmatriz\u201d, remains in the notary\u2019s archive. <\/span><\/p><p><span style=\"font-weight: 400;\">The sale payment is carried out when signing, following the agreed terms. This is usually done through bank-certified cheques from a Spanish bank. The notary attaches a copy of the cheques to the deed, which is proof of payment.  <\/span><\/p><h3><b>Transferring Ownership<\/b><\/h3><p><span style=\"font-weight: 400;\">Once the signing is complete, the property transfer becomes effective immediately. At this point: <\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transfer of responsibilities:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The new owner assumes full responsibility for the property.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Ownership rights are automatically transferred.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Final Documentation:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The buyer receives the first certified copy of the deed.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">This copy includes seals and signature of the notary.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Follow-up Procedures:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Present the deed at the Land Registry.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Handle payment of applicable taxes.<\/span><\/li><\/ul><\/li><\/ol><p><span style=\"font-weight: 400;\">The notary typically manages the registration and tax payments. The registration process can take several weeks or months, but during this period, the registry will be locked for third-party claims. <\/span><\/p><p><span style=\"font-weight: 400;\">To finalise the process, the buyer must:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Notify the local council of the change of ownership.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Submit a non-certified copy of the deed.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Arrange utility connections and service registrations.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">The registration process includes reviewing the deed with the official stamps and payment receipts. Therefore, keeping the first certified copy of the deed with all official stamps, payment receipts, and registration details as proof of the transfer is essential. <\/span><\/p><h2><b>Conclusion<\/b><\/h2><p><span style=\"font-weight: 400;\">Selling a property in Ibiza is a significant process that requires thorough preparation and specialised knowledge. Each step, from the initial paperwork to the final signature, determines the transaction&#8217;s success. <\/span><\/p><p><span style=\"font-weight: 400;\">Ibiza\u2019s real estate market offers unique opportunities but also presents specific challenges. Therefore, a clear strategy that covers essential aspects such as accurate pricing, proper presentation, and legal compliance should be developed. <\/span><\/p><p><span style=\"font-weight: 400;\">The key to success lies in attention to detail and working with experienced professionals. A well-presented property, priced correctly and with all documentation in order, will attract the right buyer more quickly.  <\/span><\/p><p><span style=\"font-weight: 400;\">Ultimately, selling a property is more than a financial transaction \u2014 it\u2019s the transfer of a space where invaluable memories have been created and new stories will begin on our magical island: Ibiza. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1ff1c9c e-flex e-con-boxed e-con e-parent\" data-id=\"1ff1c9c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9df8ee4 elementor-widget elementor-widget-heading\" data-id=\"9df8ee4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Your investment, your future, our experience<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2004894 elementor-widget elementor-widget-text-editor\" data-id=\"2004894\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Send us a message, and we\u2019ll reply as soon as possible.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d46520d e-con-full e-grid e-con e-child\" data-id=\"d46520d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-0b8ae5f e-con-full e-flex e-con e-child\" data-id=\"0b8ae5f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element 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0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"tel:+34971312527\" >\n\t\t\t\t\t\t\tOpening Hours\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tMonday to Friday<br>9:00 am to 5:00 pm\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0cc5ece e-con-full e-flex e-con e-child\" data-id=\"0cc5ece\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b66c9e elementor-view-stacked elementor-position-inline-start elementor-tablet-position-block-start elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"8b66c9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"tel:+34971312527\" class=\"elementor-icon elementor-animation-grow\" tabindex=\"-1\" aria-label=\"Phone\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-phone-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.39 361.8l-112-48a24 24 0 0 0-28 6.9l-49.6 60.6A370.66 370.66 0 0 1 130.6 204.11l60.6-49.6a23.94 23.94 0 0 0 6.9-28l-48-112A24.16 24.16 0 0 0 122.6.61l-104 24A24 24 0 0 0 0 48c0 256.5 207.9 464 464 464a24 24 0 0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"tel:+34971312527\" >\n\t\t\t\t\t\t\tPhone\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\t<a href=\"tel:+34971312527\">+34 971 312 527<\/a><br><a href=\"tel:+34672080751\">+34 672 080 751<\/a>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e7526cc e-con-full e-flex e-con e-child\" data-id=\"e7526cc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23a1439 elementor-view-stacked elementor-position-inline-start elementor-tablet-position-block-start elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"23a1439\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"mailto:info@ibizadomo.com\" class=\"elementor-icon elementor-animation-grow\" tabindex=\"-1\" aria-label=\"Email\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"mailto:info@ibizadomo.com\" >\n\t\t\t\t\t\t\tEmail\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\t<a href=\"mailto:info@ibizadomo.com\">info@ibizadomo.com<\/a>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aba13f1 e-con-full e-flex e-con e-child\" data-id=\"aba13f1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f58624f elementor-view-stacked elementor-position-inline-start elementor-tablet-position-block-start elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"f58624f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-grow\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-map-marker-alt\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M172.268 501.67C26.97 291.031 0 269.413 0 192 0 85.961 85.961 0 192 0s192 85.961 192 192c0 77.413-26.97 99.031-172.268 309.67-9.535 13.774-29.93 13.773-39.464 0zM192 272c44.183 0 80-35.817 80-80s-35.817-80-80-80-80 35.817-80 80 35.817 80 80 80z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tLocation\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tAv. Isidoro Macabich<br>58 bajo derecha. <br>07800 IBIZA \u2013 Espa\u00f1a \t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0939b8a elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"0939b8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Nuevo formulario\" aria-label=\"Nuevo formulario\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"1281\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"0939b8a\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Do you want to sell your property? - Ibiza Domo\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"1281\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-33\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tName*\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Name\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-33 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tEmail*\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Email\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-field_e04057a elementor-col-33 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_e04057a\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tPhone\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[field_e04057a]\" id=\"form-field-field_e04057a\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Phone\" required=\"required\" pattern=\"[0-9()#&amp;+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-select elementor-field-group elementor-column elementor-field-group-field_85b859d elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_85b859d\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tI am interested in*\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field elementor-select-wrapper remove-before \">\n\t\t\t<div class=\"select-caret-down-wrapper\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-eicon-caret-down\" viewBox=\"0 0 571.4 571.4\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M571 393Q571 407 561 418L311 668Q300 679 286 679T261 668L11 418Q0 407 0 393T11 368 36 357H536Q550 357 561 368T571 393Z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t\t<select name=\"form_fields[field_85b859d]\" id=\"form-field-field_85b859d\" class=\"elementor-field-textual elementor-size-sm\" required=\"required\">\n\t\t\t\t\t\t\t\t\t<option value=\"Buying a property\">Buying a property<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Selling a property\">Selling a property<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Rent a property\">Rent a property<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Vacation Rentals\">Vacation Rentals<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Other\">Other<\/option>\n\t\t\t\t\t\t\t<\/select>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-textarea elementor-field-group elementor-column elementor-field-group-message elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-message\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tMessage\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t<textarea class=\"elementor-field-textual elementor-field  elementor-size-sm\" name=\"form_fields[message]\" id=\"form-field-message\" rows=\"4\" placeholder=\"Message\"><\/textarea>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-sm\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Let\u2019s Talk<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Do you want to sell your property? Guide to Selling Your Property in Ibiza Did you know that selling a house or property in Ibiza takes an average of 10 months? Selling a property in Ibiza presents unique challenges, influenced by seasonal factors and fluctuating activity during the high season. However, the Balearic Islands&#8217; real [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1281","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/pages\/1281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/comments?post=1281"}],"version-history":[{"count":0,"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/pages\/1281\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibizadomo.com\/en\/wp-json\/wp\/v2\/media?parent=1281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}