How to sell property in Tenerife as a non-resident
Quick answer: You can sell your Tenerife property without living in Spain.
Read the guide: How to sell property in Tenerife as a non-residentSeller guides
Straight answers to the questions owners ask before selling in Tenerife. Written and reviewed by Julia Orłowska.
The 3% retention when a non-resident sells property in Spain
Quick answer: When the seller is not tax resident in Spain, the buyer withholds 3% of the agreed price at the notary and pays it to the Spanish tax agency.
Read the guide: The 3% retention when a non-resident sells property in SpainPlusvalía municipal in Tenerife: who pays it and how much
Quick answer: The plusvalía municipal is a local tax on the increase in value of the land under a property, paid to the town hall when it is sold.
Read the guide: Plusvalía municipal in Tenerife: who pays it and how muchDocuments you need to sell a house in Tenerife
Quick answer: To sell a property in Tenerife you need your ID and NIE, the title deed, a recent nota simple, the energy performance certificate, the last IBI receipt, a certificate from the community of owners that you owe nothing, and recent utility bills.
Read the guide: Documents you need to sell a house in TenerifeSelling a property with a holiday rental licence in Tenerife
Quick answer: A holiday rental registration can make a Tenerife property more attractive to investors, but only if its status is clear.
Read the guide: Selling a property with a holiday rental licence in TenerifeSelling an inherited property in Tenerife
Quick answer: Before an inherited property in Tenerife can be sold, the heirs must accept the inheritance before a notary, pay or settle inheritance tax and the plusvalía municipal, and register the property in their names at the Land Registry.
Read the guide: Selling an inherited property in TenerifeReady to sell? Start with a free valuation.
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