- Do I have to fly to Spain to sell my property?
- No. With a notarised power of attorney (poder notarial) granted to your Spanish lawyer, the entire sale — including the notary signing — can be completed remotely. Most international sellers in Orihuela Costa do exactly this.
- What is the 3% non-resident retention?
- Spanish law requires the buyer to withhold 3% of the gross sale price at completion and pay it directly to the tax authority (via Modelo 211) as an advance on the seller's capital gains tax liability. You then file Modelo 210 to calculate the actual gain; the difference is refunded or paid, typically within 6–12 months.
- How long does the process take from listing to funds received?
- A correctly priced Orihuela Costa property typically reserves within 4–10 weeks. From reservation to notary completion is a further 6–10 weeks (constrained by lawyer due diligence, bank clearance, and, for non-residents, apostille of the poder). Net funds usually reach the seller's account within a few working days of notary.
- Which documents do I need as a non-resident seller?
- NIE for every legal owner (current), original escritura (title deed), latest IBI receipt, community fee certificate showing no debts, recent utility bills, valid energy performance certificate, cédula de habitabilidad or licence of first occupation, and — where applicable — tourist licence documentation. Your lawyer will assemble the file before signing.
- Do I owe plusvalía if I sold the property at a loss?
- Not automatically. Since the 2021 Constitutional Court reform and the subsequent statutory update, plusvalía can be reduced or waived where the seller can demonstrate no real-terms increase in land value between purchase and sale. The buyer's lawyer typically retains the amount at notary and remits it to the town hall; challenging or reclaiming it, where justified, is handled by your lawyer.
- What is Modelo 210 and when do I file it?
- Modelo 210 is the Spanish non-resident tax return covering the capital gain on your property sale. It must be filed within four months of completion. Filing it is how the 3% retention is reconciled against the actual gain and how any refund is claimed. It is normally handled by the same lawyer who managed the sale.
- What is the biggest risk in a non-resident sale?
- The poder arriving late. Every other administrative step is well-understood, but if the notarised and apostilled power of attorney is not in your lawyer's hands two weeks before the target completion date, the notary appointment slips. Start the poder as soon as the reservation contract is signed.