Spanish Estate Agents For Sale

Business description

The company was formed in November 2001, by the current owners.

The principal services and products are as follows:

The business serves the United Kingdom market in providing a service for people looking for a second home on the Costa Blanca, north and south and Costa Calida region. It provides the same service to people looking for a permanent move to this area. It does so by offering two service levels. The prime service is a subsidised dedicated trip with a one-to-one service in Spain over a four day period to include flights, accommodation, meals etc.

The secondary service is to meet with prospective purchasers who prefer to travel independently and show them suitable properties for them to consider.

Key Strengths
The business provides a first class personal and professional service before, during and after the sale of a Spanish Home, with offices in Spain and the UK and only work with the best, fully bonded property developers.

The business benefits from membership of FOPDAC; the Federation of Overseas Property Developers, Agents and Consultants was established in 1973 to unite those agents, developers and specialist consultants active in the international property markets whose common aim is to conduct their activities in a manner which seeks to protect the interests of those who have decided to purchase, or sell, a property overseas. Membership of the Federation is restricted to companies or individuals whose probity is beyond reasonable question. The individual principals must have the experience and professional expertise to meet the strict criteria set in the Federation's Code of Ethics. The Committee of the Federation and its members provide a valuable reservoir of many cumulative years of experience in international property.

The Business prides itself on having a number of factors, which combined make a compelling argument for someone choosing an agent in Spain.

The business has one of the largest portfolios of properties and can offer a completely independent viewpoint on the best property options in that part of Spain. It has established collaboration contracts with all of the major developers in the area.

Its property consultants are able and encouraged to work on their own initiative providing a thorough knowledge of everything available and matching the right properties to the clients´ requirements. They are able to operate a completely flexible agenda during their time with the client, at times visiting the same property several times if required.

Once the client has chosen the property the business is there to see the process through to conclusion of the purchase and beyond. Helping the client to shop for furniture, open a bank account, obtain their Spanish Resident status are all services provided during the sale cycle.

This personal service has resulted in many referral clients over the past three years and many voluntary testimonials.

Key Opportunities
Pensions advisors have advised potential UK property investors of April sixth launch date of the Self Invested Pension Plans (SIPPs) investment changes to take advantage of property transactions tax breaks, savers are able to make an off plan second home property investment in the current tax year with the sale completed in 2006 onwards.

This will enable savers to claim all the tax advantages of the scheme, including the government contribution of up to 40 per cent of the sale price, on purchases made through the autumn and ahead of the expected tide of transferred pensions wealth.

In Spain, tax and property authorities anticipating increased interest in property investment have said that they are confident that SIPPs rules on UK tax free rental income and UK capital gains tax exemptions on sales profits will be compatible with Spanish law.

Property information

Location:

The business premises are located in Alicante, Spain.

The premises are freehold.

Other information

Expansion potential:

A major opportunity for the business is that currently the Spanish market is depressed, owing to the UK housing market being very slow. During this time, many agents have ceased trading and this business has actually held up very well, finding that people are far more discerning than they were a year ago and are looking for a quality of service that not many can offer. Clients appreciate the difference they make and are recommending them to their friends.

Competition / Market:

Advertising and Marketing Yellow Pages Property Mart Spain Mail on Sunday Newspaper Mail on Friday Newspaper Sunday Times Newspaper Radio Times Website Internet Internet Marketing The business operates and maintains a comprehensive website with full listings.

Support & training:

The vendor is able to assist fully with handover and training.

Reasons for selling:

One of the directors would like to spend more time with family. The other directors have a new business venture that they are about to embark on.

Contact the seller