Frequently asked questions about estate agents in Moraira

A real estate agent in Moraira acts as an intermediary between property buyers and sellers. The main tasks include:

• Helping buyers find suitable properties based on their wishes and budget
• Organizing and guiding viewings
• Advising on the value and potential of properties
• Negotiating price and conditions on behalf of buyers or sellers
• Guiding clients through the legal and administrative process
• Offering local knowledge about the area, amenities, and lifestyle
• Providing after-sales service following the purchase

Good real estate agents in Moraira also offer language support, cultural mediation, and practical advice about living in Spain.

Working with an English-speaking real estate agent in Moraira offers several advantages for English-speaking buyers:

• Language ease: Communicating in your own language reduces misunderstandings and makes it easier to express your wishes and concerns
• Cultural understanding: An English-speaking agent understands the expectations, preferences, and concerns of English-speaking buyers
• Familiar frame of reference: They can explain differences between the English and Spanish property markets in terms you understand
• Network: They often have a network of English-speaking professionals (lawyers, notaries, etc.)
• Long-term relationship: They can continue to support you after the purchase with services relevant to English-speaking owners

At the same time, our English-speaking real estate agents in Moraira have deep local knowledge and experience with the Spanish property market, offering the best of both worlds.

In Spain, the cost structure for real estate agents works differently. Here are the key points to understand:

• For buyers, the services of a buying agent in Moraira are usually free, as the agent is paid by the seller through a commission
• For sellers, the real estate agent commission is typically between 3% and 5% of the sale price, depending on the property value and the scope of services
• For new development projects, the commission is paid by the developer, not by the buyer
• Some real estate agents in Moraira offer additional services for an extra fee, such as legal advice, renovation management, or property management

At Cuñat Weber, we are completely transparent about our cost structure and discuss this clearly before we begin working together.

This is a frequently asked question, and the answer depends on your specific situation:

Advantages of working with one exclusive agent:

• More personalized service and greater dedication to your search
• The agent invests more time in understanding your needs
• Less chance of duplicate viewings of the same property
• More consistent advice and guidance
• Stronger negotiating position on your behalf

Advantages of working with multiple agents:

• Access to a wider range of properties
• Different perspectives and opinions
• Ability to compare different service levels

Our experience shows that most buyers ultimately achieve better results by working with one reliable real estate agent in Moraira who represents their interests, rather than with multiple agents simultaneously.

The buying process with a real estate agent in Moraira generally follows these steps:

1. Orientation and search: Discussion of your wishes, budget, and preferences with your agent
2. Viewings: Your agent selects suitable properties and organizes viewings
3. Offer and negotiation: When you find a suitable property, your agent helps prepare and negotiate an offer
4. Reservation contract: After acceptance of the offer, a reservation contract is prepared and a deposit is made (usually €3,000-€10,000)
5. Due diligence: Your agent and lawyer verify the legal status of the property
6. Preliminary purchase contract: Signing of the preliminary purchase contract (contrato de arras) and payment of a deposit (usually 10%)
7. Preparation for transfer: Arranging NIE number, Spanish bank account, mortgage if needed
8. Notarial deed: Signing of the final purchase deed at the notary and payment of the remaining amount
9. Handover of keys: You receive the keys to your new property
10. After-sales service: Your agent helps with transferring utilities, arranging insurance, etc.

The entire process typically takes 2-3 months from accepting an offer to the final transfer.

To buy a property in Moraira, you need the following documents:

• NIE number (Número de Identidad de Extranjero) - your tax identification number in Spain
• Passport or identity card
• Spanish bank account for paying the purchase and future costs
• Proof of income or assets (for mortgage applications)

For the property itself, you should verify that the following documents are in order (your real estate agent in Moraira will help you with this):

• Nota Simple - an extract from the property registry confirming ownership status
• Escritura - the current property deed
• Cédula de Habitabilidad - certificate of habitability
• Certificado Energético - energy certificate
• Latest IBI payment (property tax)
• Community fees (for apartments) - proof of payment
• Building licenses (for new builds or recent renovations)

Our real estate agents in Moraira ensure that all documents are checked and in order before you finalize the purchase.

In addition to the purchase price, you should account for the following purchase costs:

• Transfer tax:
  • For existing properties: 10% in the Valencian Community
  • For new builds: 10% VAT (IVA) + 1.5% Stamp Duty (AJD)
• Notary fees: Approximately 0.5-1% of the purchase price
• Registration fees: Approximately 0.4-0.8% of the purchase price
• Legal fees: Approximately 1-1.5% of the purchase price (highly recommended)
• Banking fees: Variable, depending on the bank and type of transaction

In total, you should budget for approximately 12-14% of the purchase price in acquisition costs. Our real estate agents in Moraira can provide you with a detailed cost estimate based on the specific property you wish to purchase.

Yes, our real estate agents in Moraira can help you obtain a mortgage in Spain:

• We have good contacts with various Spanish banks that provide mortgages to foreign buyers
• We can advise you on the different mortgage options available
• We help collect and prepare the necessary documents
• We can put you in touch with English-speaking mortgage advisors who specialize in the Spanish market

For English-speaking buyers, it is usually possible to finance up to 70% of the appraised value of the property. The term can vary from 5 to 25 years, depending on your age and financial situation.

It's important to know that the mortgage process in Spain operates differently than in other countries, and our real estate agents in Moraira can help you understand and navigate these differences.

Our real estate agents in Moraira offer a comprehensive package of services to help you sell your property:

• Valuation: A realistic and market-appropriate price determination for your property
• Presentation: Professional photography, videos, and descriptions in multiple languages
• Marketing: Promotion of your property through our website, social media, property portals, and our network of international partners
• Viewings: Organization and accompaniment of viewings with potential buyers
• Negotiations: Professional negotiations to obtain the best price and terms
• Administration: Assistance in collecting and preparing all necessary documents
• Legal support: Collaboration with lawyers to ensure a smooth transfer
• Completion: Assistance with the notarial transfer and completion of the sale

As English-speaking real estate agents in Moraira, we also have access to a large network of potential English-speaking and international buyers, which significantly increases your chances of a successful sale.

The selling time of a property in Moraira can vary depending on several factors:

• Asking price: Properties with a realistic market price sell faster
• Location: Properties in sought-after areas such as El Portet or Pla del Mar generally sell faster
• Property type: Modern villas with sea views are currently most in demand
• Condition of the property: Well-maintained or recently renovated properties sell faster
• Season: The market is more active in spring and summer

On average, it takes approximately 6-9 months to sell a property in Moraira, but this can be shorter or longer depending on the above factors. Our real estate agents in Moraira strive to sell your property as quickly as possible at the best possible price.

An exclusive contract with a real estate agent in Moraira means that you give one real estate agency the exclusive right to sell your property for a certain period (usually 3-6 months).

Advantages of an exclusive contract:

• The agent invests more in marketing and promotion of your property
• More dedication and personal attention to your sale
• Consistent pricing strategy and communication to potential buyers
• No competition between agents that could lead to price pressure
• Clarity about who is responsible for the sale

Considerations for an exclusive contract:

• Ensure the contract duration is reasonable (3-6 months is customary)
• Discuss the marketing strategy and expected activities in advance
• Request regular updates on viewings and feedback
• Check if there is a clause that terminates the contract if there is no activity

At Cuñat Weber, our real estate agents in Moraira offer both exclusive and non-exclusive contracts, depending on your preference and situation.

As experienced real estate agents in Moraira, we can inform you about the different areas and their characteristics:

• El Portet: One of the most exclusive areas, known for its beautiful bay, beach, and luxury villas with sea views. Ideal for those who want to live within walking distance of the beach and restaurants.
• Pla del Mar: A sought-after residential area close to the center and the main beach. Offers a mix of villas and apartments in different price ranges.
• Benissa Costa: Technically part of Benissa, but borders Moraira. Known for its spectacular coastline and luxury villas with panoramic sea views.
• Moraira Centro: The lively center of Moraira, ideal for those who want to be in the heart of the action, with shops, restaurants, and the beach within walking distance.
• Paichi: A quiet residential area on a hill, offering a good balance between privacy and proximity to amenities.
• Cometa: A popular area with a mix of villas and apartments, a short drive from the center.
• Arnella: A quiet residential area mainly with villas, appreciated for its tranquility and privacy.
• Cumbre del Sol: Technically in Benitachell, but often sought by clients who want to live in the Moraira region. Known for its breathtaking sea views and modern new-build villas.

The 'best' area depends on your personal preferences, budget, and lifestyle. Our real estate agents in Moraira can help you find the ideal location for you.