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There are 3 ways to enter your property onto our website and or Auctions.
 
1. Live Auction entry. The auctions are held in Marbella, in the NH Alanda Hotel on the Golden Mile.  These Auctions are widely publicized through various media such as international newspapers, TV, radio and local media. Any buyers on the day place a 3000 euro reservation fee to hold the property subject to further documentation checks and also subject to a satisfactory bank valuation and mortgage. Whilst this counteracts the traditional Auction buying process, this instils confidence to the Buyer to encourage him to bid and buy.
 
There is a charge of 232 euros (inluding IVA) to enter a property into auction.  This charge covers the property for 1 auction. There is a selling fee payable of 2.5% (plus IVA) on a successful sale. The property is entered onto the website, published in the colour catalogue and emailed out in PDF format to over 5000 potential buyers.
 
The property documentation must be provided to the office prior to auction and the reserve price agreed with the Auction House
 
2. Online Auction entry. This is for sellers keen to sell but unwilling to enter the live auction. Sellers will be advised with regards to a reserve price and the property details/photographs will be provided by the seller. The entry fee is 58 euros to include iva. The property documents must be in order. Online bidding only will be accepted. The property will be featured on the auction side of the website and will stay live for a minimum of 6 months from date of entry.
 
The selling fee is 2.5% (plus IVA) on a succesful sale, but the property will not enter into a live auction. Should the owner wish to enter a live auction at a later stage, the fee paid of 58 euros will be deducted from the live auction fee of 232 euros.
 
3. Non-Auction entry. For properties keenly priced but where owners are unwilling to place them into auction. There is a selling fee of 2.5% (plus IVA) of a successful sale. The property must have a valid first occupation license. The property will not go into a live auction.
 
 
If you have an apartment,townhouse or a villa in the Marbella area and finding it difficult to sell, send us your details as we have buyers waiting.

Sellers Guide to the open public Spanish Property Auctions

 1. Why sell a property at Auction?

  •  There are a limited number of properties selected per Auction so your property is marketed internationally to a wide audience on a very individual basis.
  •  As our commission rate is so low at 2.5% + vat, there is a considerable saving to you on the value of your property and therefore attracts more potential buyers
  •  When you put a competitive reserve price on your property, this in turn will result in attracting more people bidding on the property which in turn will increase the selling price over and above the reserve.
  •  With our Auction terms and conditions, completion is within 28 working days.(Please Note - International Overseas Auctions attract a cooling off period of 14 days from the date of the auction)
  •  It is a very quick, clean efficient way to sell your property

 2. How do I sell a property at Auction?

  •  Contact Direct Auctions for an appraisal and valuation of your property
  •  Agree a realistic reserve price on your property with Direct Auctions
  •  Ensure all relevant property documents are in order.

 3. What are the costs to selling a property at Auction?

  • There is a nominal charge to list your property for auction. This is currently 232 euros (including IVA) or 58 euros including iva for online auction entry.

 4. What is the commission on selling my property at Auction?

  •  We charge 2.5% + VAT on the selling price of the property

 5. Are there any hidden costs for me?

  •  No, there are no further or hidden costs to you

 6. How is my property marketed?

  •  Direct Auctions markets and advertises the Auctions via the International Press, Costa del Sol Press, Radio, via PR agencies in Ireland and Marbella, our website and our sister company  www.casasubastas.com
  • UK trade magazines - Exchange and Mart, Irish press, extensive data mailing list throughout Europe.
  • Network of Real Estate agencies in Spain, Germany, UK,and Ireland. 
  • a selection of international property magazines, our mailing list of over 5000 clients and the huge international media interest.

 7. How do people see my property?

  •  Via our website, In the the colour Auction catalogue, in property magazines and by the accompanied viewings set up by Direct Auctions.

 8. Is it Legal?

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