In this article we will deal with what is worth bearing in mind if you wish to sell a property, and how sellers can prepare for an uncomplicated sale process both for themselves and for the buyer.

Firstly, sellers will have to decide whether they would like to sell through an estate agent or if they prefer to find a buyer themselves. Most estate agents in Ibiza charge a 5% commission of the sale price plus IVA (VAT), and it is the seller who pays this commission. Of course, you must formalize the assignment in a written contract. It is rarely advantageous to offer your property exclusively through one sole estate agent.

When someone is thinking of buying a piece of land to build a house on it, it is quite logical that they first want to know if they can in fact build there, and how much.

All local Councils have a Town Planning (Urbanismo) department where they attend such enquiries. By specifying the location of the plot of land, information about the building regulations can be obtained, which will define the details of the building allowance that a particular piece of land is subjected to.

In Ibiza, it is frequent to find that a large part of a property of ours is not registered at the Property Registry nor at the Records Office.

As well as that, in some cases you cannot determine exactly where the boundaries lay. The owner affected is often not aware of this problem until the sale of the property or when an inheritance takes place. Often, these cases in which there is a discrepancy between the reality of the boundaries or size of the property and what appears in the official papers, end up in court.