{"id":3609,"date":"2024-03-12T06:46:14","date_gmt":"2024-03-12T05:46:14","guid":{"rendered":"https:\/\/blog.destinyhome.es\/selling-your-house-in-fuerteventura-to-a-foreign-buyer\/"},"modified":"2024-08-07T10:22:22","modified_gmt":"2024-08-07T08:22:22","slug":"selling-your-house-in-fuerteventura-to-a-foreign-buyer","status":"publish","type":"post","link":"https:\/\/blog.destinyhome.es\/en\/selling-your-house-in-fuerteventura-to-a-foreign-buyer\/","title":{"rendered":"Selling your house in Fuerteventura to a foreign buyer"},"content":{"rendered":"

Advantages, necessary documentation and remote signatures when selling your house in Fuerteventura to a foreign buyer.<\/p>\n

During the last quarter of 2023, 15.12% of home purchases were made by foreign buyers according to the latest data published by the Association of Registrars<\/a>. However, this percentage rises even higher if we focus on the Canary Islands. In this community, foreign buyers accounted for 26.53% of home purchases<\/strong> during the last three months of the year.<\/p>\n

More details about the real estate market in Fuerteventura<\/a><\/p><\/blockquote>\n

With figures like these, thinking about the foreign public becomes inevitable when we talk about selling homes. However, these types of operations still provoke some misgivings among a significant number of owners. The lack of knowledge of the process, the difficulties involved in a different language or the management of the documentation are some of the main fears that owners have<\/strong> when selling a property to a foreign buyer.<\/p>\n

But is everything as difficult as it seems? What advantages can we find in this type of operations? What can we do to solve possible difficulties that may arise during the process?<\/p>\n\n

Advantages of selling a house in Fuerteventura to a foreigner<\/h2>\n

Selling a house in Fuerteventura to a foreign buyer has great advantages over selling a house to a national buyer. Let’s take a look at some of them:<\/p>\n

Obtain a higher selling price<\/h3>\n

The normally higher cost of living in their home countries makes buying a home in Spain more affordable for them. In addition, foreign buyers are generally willing to pay a higher price<\/strong> for properties that they consider unique or that meet their specific expectations.<\/p>\n

\"Apartment

Apartment in Parque Holand\u00e9s<\/p><\/div>\n

Pay cash<\/h3>\n

Most foreigners have sufficient financial capacity<\/strong> to pay cash, which allows them to purchase a home without the need for financing. This will allow you, as a seller, to shorten sales terms and avoid possible problems caused by lack of financing.<\/p>\n

Increased demand<\/h3>\n

Opening the market to foreign buyers can increase the demand for your home. In a market governed by the law of supply and demand, increasing the demand for your home may cause those interested in it to be willing to offer a higher amount<\/strong> for fear that another buyer will beat them to it.<\/p>\n

As disadvantages<\/strong>, we could point out possible legal issues to deal with depending on the nationality of the buyer or a certain cultural barrier that makes negotiations difficult. This will not be a problem, however, if you have a specialized real estate agency<\/a> in transactions of this type that has a multidisciplinary and cultural team capable, not only of resolving the small inconveniences that may arise during the process, but also of seeking the highest profitability in each and every one of the purchase and sale operations managed.<\/p>\n

Documentation for selling a property to a foreigner<\/h2>\n

Regarding the necessary documentation to sell your house in Fuerteventura to a foreign buyer, we would talk about the following:<\/p>\n