30 Nov, 2023 @ 18:00
1 min read

How quickly can I sell my house in Spain? Study reveals it’ll take longer than you think

How quickly can I sell my house in Spain? Study reveals it’ll take longer than you think
Gerd Altmann Pixabay Free image

ALMOST half of Andalucia homeowners looking to sell their properties expect to be able to sell them in less than three months- despite the reality that on average in Spain it takes five months to seal a deal.

The 44% regional figure comes from the Tiko property portal- a company founded in 2017 that uses modern technology in the real estate sector to close sales as quickly as possible.

The firm found that 79% of Andalucians would be willing to sell their house via the internet and without any contact with the purchaser- suggesting that there’s been a big positive change over how the real estate market is embracing different ways of doing business.

The statistics came from a Tiko study called: “Selling a house in Spain through new technologies.”

As well as concern over how long a sale might take, 51% of property owners in Andalucia said the biggest factor for them was that the sale price does not match what they are asking for.

Also, finding a reliable buyer is a concern that affects 30% of regional homesellers.

The figures contrast with what Tiko found nationally, since more than a third of Spaniards (37%) are most worried about finding a reliable buyer, while the issue of price is far less of an issue at 32%.

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Alex Trelinski

Alex worked for 30 years for the BBC as a presenter, producer and manager. He covered a variety of areas specialising in sport, news and politics. After moving to the Costa Blanca over a decade ago, he edited a newspaper for 5 years and worked on local radio.

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