Property valuations in Spain

How to get a valuation on your property in Spain?

Property Valuations explained:

Spanish property valuations

If you would like to order a property valuation or to receive more information about our services, please complete the form below and one of our advisors will contact you shortly:

Mortgages in Spain are calculated according to a percentage of the property valuation. This is a buildings survey conducted by an independent company (not the bank as is commonly conceived).

The valuer will require a Nota Simple of the property and will, in most cases, visit the property in person. They will give you a report detailing the location, facilities and quality of the property and make a comparison with recent sales prices in the area. Finally, a calculation per square metre will be made and a valuation figure for the whole property is given.

An independent property valuation can be used to gauge a fair sales price for those considering putting their property on the market or for obtaining a re-mortgage from the bank (please note, in some cases the bank will insist on ordering the valuation). Having a favourable valuation is often a good selling tool when marketing your property.

Buyers often order a valuation survey to ensure they are getting good value for money from their property purchase or for the purpose of obtaining a mortgage offer from the banks (please note, in some cases the bank will insist on ordering the valuation).

Not all valuation companies use the same calculations and not all reports will give the same figure, so it is often beneficial to speak to someone about the best valuation company to use, in order to ensure you do not end up with a misleading valuation.

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