Selling your home

ARE you selling your home on the Costa del Sol? Or perhaps you are con sidering a move but you are un sure about the documents needed to make the saledon’t worry, the Euro Weekly News has put together this list detailing the documents you will need to sell your home in Spain!

Selling a house in Spain can be a complex task. Firstly, the best and safest way to sell a home in Spain is to work with an experienced real estate agency in the area who can help and give guidance throughout the whole process. This will also make sure that you have every thing you need to make the sale, you will be more likely to get your asking price, you will have the peace of mind that everything is being dealt with on your behalf, and that all of the legalities are covered.

The best way to sell your home is through a trusted estate agency.

ments may include:

• Your NIE and passport (foreigner identification number)

• Deeds of the property

• Preparation of utility contracts, community charge and ‘Suma’ invoices

• Liaison throughout the transaction with representatives of the Buyer and Notary

• The organisation of the Notary appointment and all paperwork related to the sale

• Translation at the Notary

• Calculation of 3 per cent retention ber of FOGAIN, Hugo provides its customers with peace of mind, knowing that their investments are protected. Additionally, with the bonus of a weekly YouTube vlog (Hugoinvesting) from the Hugo team, you will always stay informed about the latest market trends and tips.

Embark on your journey towards financial independence with help from Hugo. You can open a free online account within minutes at www.hugoinvesting.com

Hugo is located on the Golden Mile in Marbella, opposite Da Bruno restaurant.

Renting vs Owning

BOTH renting and owning a home have pros and cons, particularly as each of us has our own set of expectations and lifestyle choices. However, on the whole, most people eventually choose to buy a home rather than renting for the rest of their lives. But what are the benefits of renting versus owning a property in Spain?

In the long term, buying a house provides you with better value for money. Rental prices constantly rise as a result of population expansion, seasonal immigration, and variations in inflation rates. As a result, the price of the same house will rise consistently over time. Regardless, you will receive nothing in return. When you buy a house, however, this is not the case.

Although repaying a loan and paying rent to your landlord both appear to drain your finances, they are not the same. When you pay rent, you get nothing in return monetarily, but when you pay off the loan, you become a homeowner.

So what documents do you need? The main docu-

• Calculation of Goodwill and a letter of ‘Good Standing’ with your community fees from the administration of your community With all these documents in place, you can be sure that you have fulfilled all legal requirements necessary for selling your property in Spain.

When you own your own home, you can do whatever you want with it! You can earn extra money by renting it out when you’re not there and you can make any interior design changes you wish.

It’s only natural for most people to want a steady base to live and keep their belongings, as well as tailor it to their own needs and tastes. Owning your own home brings a sense of belonging and emotional security, as well as a sense of community with your neighbours.