Property in Spain | What is an agencia de la propiedad inmobiliaria?
What is an agencia de la propiedad inmobiliaria?
Literally an Agent of Real Estate Property, an agente de propiedad inmobiliaria is a qualified professional who has an accredited certificate given by the Spanish Ministry of Public Works, Transport and Environment to intermediate in real estate operations. Usually they charge a commission for all property sales, which is a percentage of the property sale price.
Estate agents usually display their
API number on their shop windows, leaflets and visiting cards, and potential buyers
are advised to make sure that their estate agent has this official acreditation.
Estate agents usually charge between 3% and 5% of the final sale price.
Please bear in mind, that an Inmobiliaria does not have to be managed by a certified agente de la propiedad inmobiliaria. De facto, several of the Property shops are handled by people that are not licensed.
Can you buy a house without the intervention of an estate agent in Spain?
| Other useful links | |
| Latest news on the property market in Spain Selection of news articles related to the real estate market here. | |
| Mortgages in Spain, a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain | |
| Spanish banks, before applying for a mortgage, find out more about Spain's most popular banks and Spanish savings banks. | |
| Property taxes in Spain, description of taxes involved in purchasing property and yearly property taxes in Spain. | |
| Useful Spanish vocab for buying a house - you should learn at least the basic terms. Check out our pronunciation guide too. | |
| Renting property in Spain - if you want to buy to rent, then read this section and our free notice board of property to rent in Spain. | |
| Spanish lawyers - information on lawyers fees in Spain for property transactions | |
| Houses for sale in Spain - take a look at the kind of houses available. Or check out our free Spain property for sale board. | |
