Seven signs that you should sell your house in Cumbre del Sol

by | Practical advices

Selling a house in Cumbre del Sol can have multiple benefits.

It is definitely big decision, both if you have lived there or if you’ve just used it as an investment.

If you have noticed the dynamism of the property market, the idea of a change in scenery might have occurred to you.

This transaction could also bring a number of benefits.

Seven signs that you should sell your house in Cumbre del Sol

Has the time come to sell your house? Seven signs that show it has.

Selling your house in Cumbre del Sol is not as easy as transactions of a lower value. Property sales are subject to national laws, local regulations and, of course, the current state of the market. In addition, they involve some less than appealing undertakings, such as taxes and the associated bureaucracy. Despite all this, the benefits are well worth the effort, especially if you entrust the transaction to an estate agency in Cumbre del Sol.

If you have been mulling over the idea for some time, perhaps you’ll need to see these signs before you’re sure that it’s time to take the plunge.

  1. You don’t feel comfortable in your home anymore

Life changes and so do personal circumstances. Perhaps your family has grown or you need a more accessible home, etc. It may well be that if you have spent a while complaining about your surroundings, it’s because your property is no longer right for you.

If this is the case, you’ll definitely have started exploring the market a bit and have decided on a different type of property. Selling your house in Cumbre del Sol could be something you’re thinking about more and more. It’s a clear sign that you need to make some changes.

  1. Property values in the area have changed

Property is normally an asset that changes value with time. This is not the case with urbanisations; there are times when some are popular and others become obsolete. There are many reasons for this, but a square metre can shoot up in value in just a few years.

  1. You need income

If you’re crunching numbers, it might be that you’re interested in putting your house up for sale at a good time. To do this, you should contact local estate agents, as they will have up-to-date information. You can work with them to calculate what profits you will get from the sale, deducting the cost of the property and associated taxes.

Take into account the fact that selling also costs money. For example, you’ll have to pay municipal capital gains (plusvalía municipal), property income tax (IRPF de Hacienda) and repay and cancel the mortgage, if you have one. If, after all this, the profits are worth it, what are you waiting for?

  1. It’s becoming increasingly expensive to maintain your house in Cumbre del Sol

Owning your own home means you also have a lot of expenses to deal with. On top of all the costs relating to taxation, apportionment and provision of utilities, there is also the maintenance of the property itself. This is the case both if you live in the property or rent it out. You are responsible for repairing damage, furnishing it, equipping it well, etc.

  1. There are always issues to deal with

Obviously, the older the house, the more problems it is going to give you. There are the same issues if improvements have been carried out with improper materials or if they have been badly planned. In any case, when a lot of expenses are accumulating, you might think that it is time to move.

This is not a decision to take overnight, as you have to work out your finances and be sure that living there is becoming expensive. At the end of the day, if you move to a place that is easier to look after, you will be gaining financial security.

  1. You’re deciding whether or not to have children

Having children makes a big difference to families’ preferences when it comes to where they live. Perhaps, when you bought the house you were single and you didn’t mind having to traipse up to the third floor with no lift, for example. When children go off to school, you’ll also be thinking about whether the area is suitable or not or how close to school you are.

  1. You’re looking for something more practical

When you have children, you’ll be seeking practicality and if everything is costing you more, it might be time to move. You’ll also start to see your surroundings differently when children are on the scene. A single person might be happy living in the city centre with plenty of things to do and friends close at hand, but when you have children, things are different. In big cities, couples with children are moving out to the suburbs with lots of green areas. And with good reason!

If you think the time has come to sell your house in Cumbre del Sol, check out these telltale signs. Having a growing or shrinking family, an increase in your expenses or a change in your circumstances are definitely good enough reasons. Call us for advice on the whole process!