Estate Agency For Sale in Costa de la Luz, Spain

Are you a motivated and energetic couple looking to take over an estate agency and build on the excellent business that is already established?  You will need to be keen to learn, prepared to take on challenges and develop further an already profitable business, offering a good lifestyle in a beautiful unspoilt area of Spain.
 
The core of the business is estate agency with a small rental property portfolio.  The company is a well established, well known and is a highly respected business which has been trading for almost 10 years and has built up a very enviable reputation.  It currently ranks page 1 on Google for the majority of search terms and is one of the only genuine English speaking agencies in the area.  It attracts both local and international clients and deals with mostly Spanish and English speaking clients plus clients from Germany, Portugal, France, Italy, Holland, Belgium, Scandanavia, America, Canada, Australia, South Africa, Japan and most of the South American countries.  It is therefore advantageous to have even a basic level of Spanish or be prepared to learn on the job.  A training period of 3 months is offered from the time of take over with an extended hand holding period if required.
 
The agency handles around 400 sale properties consisting of fincas, villas, chalets, apartments, commercial premises and plots of land and has links to several other good agents, with whom they work on a split commission basis occasionally. Through their linked agents, they have access to thousands of properties for sale not only in the Costa de la Luz but also in the Costa del Sol and Costa Blanca plus property from a well known Spanish bank with whom they have a sales agreement.
 
The agency offers a portfolio of rental properties and is one of the only English speaking agents for long term rental. It currently handles a nice portfolio of long term clients with rentals ranging from 6 months to 5 years which provides a regular monthly income and projected turnover. Holiday lets are also offered and the agency is up to speed with the new Spanish rental laws and provides a full service to their clients in this regard.  Many rental clients return year on year due to the high quality service provided to them.
 

The Spanish property market is currently on the up and up and this agency is well placed for the future, with excellent local links and a high profile.  Turnover has increased considerably in the last year with good prospects for the future.  The agency is easily run by two partners and is an internet business so has no need for offices and all suppliers are self employed, so there are no wages and no lease/rental costs.  It has little competition in the market place.
 
In addition to property sales, there is business for repairs, key holding, maintenance, cleaning and building work.
 
The agency has amassed a very impressive mailing list of 9,600 clients who are contacted regularly through their newsletters and which could form a very good marketing tool in the future.
 
Due to their position in the market place, the agency is fed a constant stream of clients by local businesses and professionals who are happy to recommend their services. 
 
They are members of an exclusive professional international estate agent association and provide articles for several magazines and newspapers.  They also work with A Place In The Sun by providing properties for their programmes when they film locally. 
 
Included in the transfer to the new owner would be the company name and logo which is copyright protected, the website which is highly adaptable and already is trilingual with an automatic translation module, all telephone numbers, the mailing list, goodwill, key holding clients, client list, forward rental bookings from time of handover and long term rental contracts from time of handover. The reason for sale is retirement.

Accounts are available at the time of meeting with the owners and their accountant where a full breakdown will be offered.

Contact Fiesta Property for more information.

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