How to correctly value your Costa del Sol property before selling
In this article
Setting the right price for your home is the most important decision when selling. Too high a price can leave your property on the market for months; too low, and you lose money. The good news: there is a professional methodology to get it right.
1. Comparative market analysis (CMA)
This compares your property with similar properties sold in the last 6 months in the same area. Type, usable area, age, floor, views and condition are the main adjustments.
2. Actual condition of the property
A recent refurbishment can increase the price by 10% to 20%. But beware: outdated kitchens and bathrooms reduce the price more than people think. The energy certificate also matters: an A or B rating attracts more demand.
3. Intangible neighbourhood factors
Proximity to the sea, public transport, international schools, shops, restaurants. In Torremolinos Playamar and Benalmádena Costa, the "beachfront" effect can add 15-30% over the same home located 500 metres inland.
4. When a judicial appraisal makes sense
In cases of divorce, inheritance or asset division, a professional appraisal signed by a certified real estate appraiser is legally valid in court and prevents disputes. At Los Álamos we are certified appraisers and issue reports with full legal coverage.
The most common trap
Relying solely on what is published on Idealista or Fotocasa. Those are asking prices, not closed sale prices. The average gap between the two in Málaga is 7-12%.
