Tag Archives: selling property spain

Would you pay more for an energy efficient property?

Slightly more than half of the house buyers and tenants (52%) say they would be willing to pay more for an energy-efficient home, according to a survey by Look & Find.

In light of these results, it seems that the energy efficiency certificate, which has been compulsory for all property transactions in Spain since June 1st, might have become a relevant factor in the decision to purchase or lease a property.

These new certificates do not only include an energy rating of the home, but also recommendations for improving its energy efficiency and a financial assessment of the costs and their amortization by means of energy savings.

However, over 90% of property owners looking to sell or rent do not yet know they have to acquire this certification.

The quantified difference between offer price and offered price in Spain

According to pisos.com, that figure for what a vendor would like to receive and what a purchaser would like to pay is now at 42,367€.  This is considered quite substantial and needs to reduce. It seems it is falling, with the 2011 figure 4,500€ higher.