Is the deadline for selling a home in Spain in 2023?

How long does it take to sell an apartment in Spain? The answer to this question depends on several circumstances, but in any case, even the most attractive property takes time. According to idealista, a real estate market in Southern Europe, 20% of residential properties were sold in less than a week in 2022, while only 14% took more than a year to sell.

How long does it take to sell an apartment in Spain?The speed of selling a home depends on several factors: price, location, condition, the effort you put in and so on. According to idealista, 20% of apartments are sold in less than a week, 15% from a week to a month, 21% from one to three months, 29% from three months to a year, and only 14% take more than a year to sell.

The average time to sell a home: which cities are faster. Typically, real estate sales transactions take place in provincial capitals. Granada is the city with the most homes sold in less than a week, as 34% of homes offered sold in seven days. It is followed by Pontevedra (31%), Salamanca (30%), Tarragona (29%), Santa Cruz de Tenerife (28%), Lleida (27%), Albacete (27%) and Barcelona (26%).

On the other hand, almost half of the apartments for sale in Ceuta (48%) have been on the market for more than a year. They are followed by Zamora (34%), Lugo, Soria and Teruel (30% each).

How long does it take to sell an apartment in Madrid.Madrid is one of the largest real estate markets in the country and tops the list of cities with the highest volume of sales transactions. 25% of homes in the Spanish capital sell in less than a week, 22% from a week to a month, 25% from one to three months, 22% from three months to a year and 5% for more than a year.

How long does it take to sell a house in Barcelona. According to idealista, 26% of apartments in the city of Barcelona are sold in less than a week, 25% from a week to a month, 21% from one to three months, 23% from three months to a year and 6% for more than a year.

What to pay when selling an apartment? When selling a property, various expenses need to be paid, such as utility tax on the increase in value of the land, a portion of the property tax and income tax, although the latter only needs to be paid if there is a profit from the sale.