Frequently Asked Questions

You will find our most frequently asked questions on this page. If you have any further questions after reading our FAQ, please do not hesitate to contact us via hello@eivissaproperties.com.

FAQ Buying a Property

1. What are the costs of buying a property in Ibiza?

Here is a list of taxes and costs that will be involved in the buying process:
(1) Value Added Tax (VAT)
(2) Property Transfer Tax (ITP)
(3) Mortgage Fees
(4) Notary Fees
(5) Registering Fees
(6) Agency fees
Costs when buying a property in Ibiza is approximately 13% besides the purchase price. Please read our buying guide for a full description of these taxes and costs.

2. What do I need to prepare for buying a property?
You will need some required documents for signing before the notary these include:
(1) Personal ID card or passport
(2) NIE Number
(3) Spanish bank account
(4) Golden VISA
(5) Receipts for any payments already made
(6) Military permit (non-European buyers)
Please read our selling guide for a full description of these required documents.

3. Do I need a lawyer to do legal checks?

We advise you to always use services of a lawyer to do legal checks, the due diligence. This makes the process for buying a property easier and more legitimate for you, which gives you more legal certainty. We recommend you to work with Laurens van den Bosch and Carlos Roig Ruiz.

4. What is the process of purchasing a property?

This process exists of three phases, which are the negotiation, private agreement & deposit, and the actual purchase. Eivissa Properties will do its ultimate best to help both parties to a suitable agreement. We will ensure that the process of buying a property goes smoothly. Please read our buying guide for a full description of the selling process.

5. What comes after the signing?

There are other public authority obligations to consider once the buyer obtains ownership of the property through the execution of the public deed before a notary, including paying taxes, recording the title deed in public records, notifying the public of the change of ownership of the property, etc. Please read our buying guide for a full description of the after signing process.

6. Can I renovate or build on my property without a license?

No, you will have to request a license in case you would like to renovate or build something on your property.

FAQ Selling a Property

7. How do I set a good selling price?

Setting a good and realistic selling price is one of the most important parts when selling your property. The key is to find out the market value by comparing your property with others. You will also need to look at the current property and market conditions. If you require any help with this, Eivissa Properties will help to make a reasonable price for your property.

8. What taxes and costs are to be considered when selling a property?

Here is a list of taxes and costs that will be involved in the selling process:
(1) the Plus Valia Tax
(2) legal fees
(3) broker/agent fees
(4) energy certificate
(5) capital gains tax
(6) mortgage cancellation fees (if so)
Please read our selling guide for a full description of these taxes and costs.

9. What do I need to prepare in case of selling my property?

You will need some required documents for signing before the notary these include:
(1) Personal ID card or passport
(2) NIE Number
(3) Energy Efficiency Certificate
(4) Title Deed of the property
(5) Utility bills
(6) Details of the community statues
(7) Certificate of habitation
(8) Certificate of zero debt
(9) Property tax receipt (IBI)
(10) Certificate of technical inspection of the building (ITE)
Please read our selling guide for a full description of these required documents.

10. What is the process of selling a property?

This process exists of three phases, which are the negotiation, private agreement & deposit, and the actual purchase. Eivissa Properties will do its ultimate best to help both parties to a suitable agreement. We will ensure that the process of selling a property goes smoothly. Please read our selling guide for a full description of the selling process.

11. How can I speed up the process of selling my property?

The keys in our opinion to selling your property faster are:
(1) Depersonalize, clean, and declutter
(2) Boost your outside attractiveness
(3) Take care of quick repairs
(4) Increase the value
(5) Be prepared
Buyers must be able to envision themselves living in your property. Thus, make it clean and show a strong first impression by fixing simple repairs that might put off potential buyers. Lastly, make sure that your paperwork is ready so that the deal can be sealed quickly.