May 2013 - Costa Calida Chronicle

Well, summer is nearly here. Let’s hope that
April saw the last of the rain for a while. My
husband read last month’s article and said
“it was boring” so, I must do better J……
PLUS VALIA–in simple terms, Plus Valia is
a tax the seller pays on the perceived increase
in the land from the time the property
was purchased to the time it is sold.
I was staggered a week or so ago when a
vendor showed me the Plus Valia due on
the apartment they were selling. They had
owned this apartment for 30 years and are
selling it very cheaply (reference 687). The
Plus Valia they have to pay is 6,600€!!! This
is the quotation the vendor has been given
by the Town Hall, so if you are selling your
property and you have owned it for a number
of years, it might be worth asking your
legal representative to see what your commitment
would be when you sell.
STRUGGLING TO PAY YOUR MORT-
GAGE?? –if you are struggling to pay the
mortgage or have stopped paying altogether
whilst you are trying to sell your property,
speak to your agent, they should be able to
advise you on what amount you would need
to clear your debt. Be honest with them and
they will be able to advise on a realistic price
to sell your property. Keep the price low to
sell it, even if it means losing money. Better
to sell and walk away debt-free than go
through the ordeal of repossession.
On a lighter note and continuing from last
month – here we go. Incidentally , three of
these things happened only last week!
Four Things Not To Do When Selling
Your Property
DO NOT: Tell the viewer about all the latest
crime/noise/pig farms/dogs/hideous neighbours’.
Don’t deceive, but don’t elaborate
on the first viewing.
DO NOT: Follow the clients from room to
room and try to take over from the agent.
Sit in the sunshine and relax. If there are
any questions the agent can’t answer, they
will ask you.
DO NOT: Have curry/hot pot/chilli on the
boil as everyone arrives.
DO NOT: Have the television blaring at 100
decibels. Turn it off!!
DO: Keep that pool sparkling.
If you have any questions about buying or
selling a property, then contact me.
Jennie Iredale
Best of Spanish
Email infor@bestofspanish.com
Telephone (0034) 635 434 651
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