¿How long does it take to sell a flat in Spain?? The answer to this question depends on various circumstances, although it always takes time no matter how attractive the property is. According to data from idealista, the real estate marketplace in southern Europe, 20% of homes were sold in less than a week in 2022 and only 14% took more than a year to sell.
How long does it take in Spain to sell a flat?
The how quickly a home sells It depends on several factors: the price, the location, the state of conservation, the effort you put into it, etc. According to idealista data, 20% of houses are sold in less than a week; 15% between one week and one month; 21% between one and three months; 29% take from three months to a year and only 14% take more than a year to sell.
Average time to sell a home: in which cities is it faster?
The provincial capitals are where more sales operations are usually carried out. Grenade is the city in which more houses sell in less than a week, since 34% of the houses offered are sold in less than seven days. They are followed by Pontevedra (31%), Salamanca (30%), Tarragona (29%), Santa Cruz de Tenerife (28%), Lleida (27%), Albacete (27%) and Barcelona (26%). Behind are Almería (25%), Madrid (25%), Girona (24%), San Sebastián (24%), Guadalajara and Málaga (23% both).
On the opposite side of the table, almost half of the apartments for sale in Ceuta (48%) are more than a year on the market. They are followed by Zamora (34%), Lugo, Soria and Teruel (30% all three).
How long does it take to sell a flat in Madrid?
Madrid is one of the largest real estate markets in the country and tops the list of cities with the highest volume of sales transactions. 25% of the houses in the Spanish capital are sold in less than a week; 22% between one week and one month; 25% within a term of one to three months; 22% take from three months to a year and 5% more than a year.
How long does it take to sell a house in Barcelona?
According to idealista data, 26% of the flats in the city of Barcelona are sold in less than a week; 25% between one week and one month; 21% within one to three months; 23% take from three months to a year and 6% more than a year.
Tricks to sell a flat faster
Check the tips and practices that will guarantee you sell a flat much faster:
Plan a sales strategy
Planning a good strategy is the key point to expedite the sale of the house. For this you can get involved yourself hand in hand or leave it in the hands of a real estate agency.
If you risk doing it for the first option, you will have to put all the meat on the grill, dedicate all your time and resources to this arduous task. If, on the other hand, you take the ingenious idea of selling your house with a real estate agency, probably the percentage of selling the house in less time will increase due to the fact that the agencies will be able to invest more time, effort and resources in the process.
If you want to sell your house in the blink of an eye, idealista provides you with the most appropriate real estate professionals to sell your home by clicking here.
Set an attractive sales price
The price is undoubtedly one of the main incentives that come into play in choosing a buyer and, therefore, in the speed with which a property is sold. Set a value according to the characteristics of the floor (location, conversation status, market behavior, etc.) will make the house more attractive.
To establish an appropriate price for your house, you can help yourself from a real estate agency and use the free idealista tool that offers you a property valuation.
Upload the property to the idealista real estate portal
idealista is the largest real estate showcase in Spain. According to data from SimilarWeb In December 2022, the portal had more than 43 million visits, well above its competitors. If you want your apartment to reach all possible buyers, you cannot skip this step.
In addition, the real estate agency that accompanies you in the process will be in charge of managing all the visits to the property and thus, sell the house in record time.
Create an attractive and complete ad
To create an ad that stands out from the rest, you must prepare a complete description of the home and highlight all its relevant data, as well as the most attractive features. The photographs must attract attention, be of good quality, have good lighting, etc., since they are the visible face of your house. It is also important that the property looks tidy and collected, this will favor the feeling of spaciousness.
Apply the Home Staging technique
Home Staging is a technique that consists of fixing and tidying up the housing to expedite its sale. Normally a high investment is not required and through a series of small actions (decoration, changing colors, cleaning, good smell, etc.) the floor is made much more attractive. idealista has a tool that allows you to virtually decorate properties and thus create more attractive advertisements.
What do you have to pay if you sell a flat?
When a house is sold, different payments must be made, such as the municipal capital gains, the corresponding part of the Real Estate Tax (IBI) and the IRPF in the income statement, although it will only have to be done if capital gain is obtained with the sale.
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