Plusvalia is a local authority tax on the rise in land value. It is paid by the owner when they sell a property and is a major source of funds for municipal authorities all over Spain. [Read more…]
A UK estate agency recently announced that the best day to list your property is March 17 because most properties in the UK sell in the summer. Here in Gran Canaria things are different; ideally, you want to list in the autumn to make sure your property is visible to winter buyers.
Visits to for-sale property in Gran Canaria tend to peak during the winter months for two main reasons.
- Winter is peak tourist season and many buyers combine their property hunting with a holiday.
- Local buyers often invest just before the end of the tax year in December. Or they buy early in the tax year in January.
However, sales tend to peak in late spring as buyers who decided to buy in the winter get their mortgages approved and contracts are signed.
If you want to sell a Gran Canaria property, it’s best to have it fresh on the market during the winter season.
However, other factors affect saleability in Gran Canaria just as much as timing!
There are plenty of active buyers in Gran Canaria throughout the year and making sure your property gets as many viewings as possible is far more important than getting it online on a specific date.
The single most important thing you can do to boost your chance of selling a Las Palmas property fast and at a good price is to list it online with quality photos. [Read more…]
It is possible to sell a Las Palmas property within a month of putting it on the market. It’s not easy, and takes a huge amount of work, but I know it can be done because I have just sold an apartment in Las Palmas within 27 days.
I didn’t have to reduce the price of the property to under the market rate to achieve a fast sale. The key was to get it on the market quickly and make sure that it reached the largest possible number of buyers.
Here’s how it happened… [Read more…]