Frequently Asked Questions
Answers to our customers' most frequently asked questions about our services
What is the process of buying a property?
The process of purchasing a property initially includes searching for and selecting the right property, checking its legality, negotiating the price, making a down payment, signing a preliminary agreement, and finally signing the contract and transferring the property. HOMMIO Real Estate guides you through every step of the process.
What documents are needed to sell a property?
The basic documents required are: property titles, transfer certificate, topographic map, energy performance certificate (EPC), engineer's certificate for arbitrariness, tax and municipal awareness. We undertake to guide you in gathering all the necessary documents.
How is the value of a property assessed?
The valuation of a property is based on many factors such as location, area, age, condition, amenities and special features. We compare similar properties in the area and analyze market trends to arrive at an accurate and fair valuation.
What taxes and fees are borne by the property buyer?
The main charges for the buyer are the transfer tax (3% on the objective value) or VAT 24% for newly built properties, notary fees (approximately 1-1.2%), registration fees at the mortgage/land registry and lawyer's fees where required.
How long does the process of selling/buying a property take?
The time frame varies depending on several factors. Typically, it takes 1-3 months from finding a buyer to final transfer. This depends on the speed of document collection, issuance of certificates and lending procedures, if any.
What is an energy performance certificate (EPC)?
The PEA is a mandatory document for the sale or rental of a property that evaluates its energy performance on a scale from A+ (excellent) to H (low). It is issued by a certified energy inspector and is valid for 10 years. We can undertake the process of issuing it for you.