Selling an inherited property in Tenerife involves extra steps compared to a normal sale. This checklist helps you stay organised and understand what needs to be completed before the property goes on the market.
Before You Can Sell
- ✔ Complete the inheritance deed
- ✔ File inheritance tax (Modelo 650)
- ✔ Pay Plusvalía Municipal
- ✔ Register the property in the heirs’ names
- ✔ Obtain updated Nota Simple
- ✔ Ensure all heirs agree to sell
Documents Needed for the Sale
- ✔ Property deeds (Escritura)
- ✔ NIE numbers for all heirs
- ✔ Latest IBI receipt
- ✔ Community fee certificate
- ✔ EPC energy certificate
- ✔ Passport copies
- ✔ Bank details for receiving funds
Preparing the Property
- ✔ Clear out personal items
- ✔ Basic cleaning and repairs
- ✔ Garden and pool maintenance
- ✔ Professional photos
- ✔ Decide whether to sell furnished
Selling From Abroad
You can sell an inherited property without coming to Tenerife by giving a lawyer power of attorney. Many heirs choose this option for convenience.
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