Whether you’re cashing in on your investment or moving on, selling real estate in Valencia as a non-resident involves key legal and tax steps.
This guide helps you avoid:
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Withheld payments
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Delayed registration
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Tax penalties
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Post-sale liabilities
🧾 Step-by-Step Guide to Selling Property in Valencia as a Foreigner
✅ 1. Confirm Ownership & Debts
Before listing:
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Verify you’re listed in the Land Registry
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Ensure no mortgages, liens, or embargoes exist
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Check for unpaid IBI or community fees
📌 We review your title and update records if needed.
✅ 2. Hire a Bilingual Lawyer (Not Just an Agent)
Estate agents won’t:
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Draft seller-safe contracts
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Handle taxes
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Represent your interests legally
📌 We protect your legal position from reservation to notary.
✅ 3. Sign the Reservation or Arras Contract (If Applicable)
If a buyer pays a deposit:
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Ensure the arras terms are clear
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Include deadlines and exit clauses
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Avoid clauses that bind you unfairly
📌 We draft bilingual contracts and negotiate terms.
✅ 4. Sign the Escritura de Compraventa at the Notary
At the notary, you or your POA:
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Sign the sale deed
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Hand over keys
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Receive final payment (minus taxes)
📌 We attend or represent you and ensure safe fund transfer.
💶 What Taxes Must Foreign Sellers Pay in Valencia?
💸 1. Capital Gains Tax (IRNR – Modelo 210)
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19% for EU/EEA residents
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24% for non-EU residents
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Based on net gain (sale price – acquisition cost – eligible expenses)
📌 We file your non-resident tax return (Modelo 210).
🧾 2. 3% Retention (Withholding Tax)
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Spanish law requires buyer to withhold 3% of the purchase price
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This covers potential capital gains tax
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You must claim back any excess by filing Modelo 210 within 3 months
📌 We help you recover overpaid amounts efficiently.
🏛️ 3. Plusvalía Municipal (Local Tax on Land Value Increase)
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Paid to Valencia city hall
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Based on increase in cadastral land value since purchase
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Must be calculated and paid after sale
📌 We calculate and submit this on your behalf.
🔁 Can I Sell Remotely with Power of Attorney?
✅ Yes — you do not need to travel to Spain.
We handle:
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Notary signing
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Bank coordination
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Tax forms and payments
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Final documentation
📌 You simply sign the POA in your home country or Spanish consulate.
🗂️ Documents You’ll Need to Sell
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Original title deed (escritura)
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NIE number
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IBI receipt (property tax)
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Certificate from the community of owners (if applicable)
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Energy Performance Certificate (EPC)
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Power of Attorney (if not attending in person)
📌 We gather and prepare all documentation for you.
💬 Real Case: U.S. Seller Avoids Double Taxation
An American client sold a flat in Valencia and feared double tax.
We:
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Coordinated with U.S. accountant
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Used U.S.–Spain tax treaty
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Filed Modelo 210 for full tax credit
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Ensured clean title transfer
✅ Result: Sale completed remotely, no overpayment, no legal issues.
📞 Need Help Selling Property in Valencia?
Borderless Lawyers handles the entire legal process, from pre-sale review to final tax filings.