3 mistakes sellers make on the Costa Blanca

March 28, 2022

Over the years, the same three mistakes have cost Costa Blanca homeowners months on the market and, in many cases, a lower final price. I as a real estate agent on the Costa Blanca North, and these are the errors I see most often. Each one is avoidable if you know what to look for before you list.


1. Pricing on emotion


Your villa is full of memories, and it is natural to want a price that reflects them. But buyers do not pay for memories. They pay for what a comparable property is worth today. When the asking price is driven by what you spent on the pool, or by what you need to fund your retirement, it tends to drift away from the market. Overpriced villas get fewer viewings, and after a few months the price cut that follows makes every later offer weaker. Start with recent sales of similar villas nearby, and ask your agent to explain the valuation line by line.


2. Listing with many agents and no strategy


It can feel safer to give your villa to several agencies at once. In practice, it often confuses buyers. The same property appears at different prices, with different photos and different descriptions, and buyers start to wonder what is wrong with it. Agents competing for the same listing also have little reason to invest time in marketing it. Choose one agent with a clear plan: an agreed price, professional photos, a defined marketing budget and one consistent listing on every portal.


3. Not preparing the paperwork


Nothing slows a sale down like missing documents. Buyers and their lawyers will ask for proof of ownership and property details early, and a deal can stall for weeks if something is missing. Before you list, gather the essentials:

• Cédula de habitabilidad, where it applies to your property.

• IBI receipts, showing the annual property tax is paid up to date.

• The energy performance certificate for the villa.

• A nota simple from the Land Registry, showing the owner and any charges on the property.

A good agent will check these documents with you before the first viewing, not after an offer has been accepted. Ask your lawyer to confirm which certificates apply to your villa, because the requirements can depend on the property and the transaction.


Practical tips for your next step


1. Ask for a written valuation based on recent comparable sales, and read the reasoning line by line.

2. Collect your documents before you list, so a buyer never has to wait for them.

3. Choose one agent, one agreed price and one set of photos for every channel.

4. Set a review date four to six weeks after listing, and adjust early if the feedback points to price.

If you are thinking about selling and want a clear, honest view of your options, I would be glad to help.


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