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Gibraltar – Selling Property

Procedure for Selling a Property Yourself in Gibraltar:

  1. Prepare a detailed description of the property and its features.
  2. Gather all necessary documentation, such as the title deeds, bills of sale and proof of ownership.
  3. Advertise the property through local newspapers, websites and property agents.
  4. Set an asking price that is fair and reasonable.
  5. Receive and negotiate offers with potential buyers.
  6. Once an agreement is reached, sign a sales contract.
  7. Transfer the title deeds to the new owner and arrange for payment of the agreed sum.

Capital Gains Tax in Gibraltar

  1. Capital gains tax is not applicable in Gibraltar.

Ease of Selling Property Yourself in Gibraltar

  1. Selling property yourself in Gibraltar is possible, but it may require some time and effort.
  2. Gibraltar has a small property market, making it easier for individuals to sell their property without the assistance of an agent.

Property Exchange in Gibraltar

  1. Property exchange is not common in Gibraltar, as the small property market does not require the need for it.
  2. Individuals in Gibraltar typically sell their property by advertising it for sale or using the services of a local estate agent.

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