




How to sell a designer property at the best possible price
Selling real estate often proves to be a more difficult task than most property owners imagine as it has its intricacies, and getting to a deal requires a strategic approach to presenting the property, forming a price, the time period in which it is sold, selling with or without the help of a broker, and good marketing. Sometimes even with perfect execution of all these, reaching a deal with a client takes time.
When selling a luxury property, it is key to prepare the property so that it gets the best possible selling price. Our experts give tips here on how to sell a designer property as profitably as possible!
Top tips when selling a luxury property
A modern, tidy and clean apartment attracts significantly more attention from potential buyers and is sure to have a positive impact on pricing.
Furnish it in style or hire a designer to do it for you
The contemporary home is modern yet minimalist in its furnishings. The clean style, straight lines and symmetrical proportions are psychologically soothing and create a sense of order and harmony. Luxury is epitomised with grandeur that is devoid of clutter of elements. Winning combinations are alternating nude and contrasting colours, furniture that blends like fabrics - for example natural wood and glossy surfaces. Colours are important. White is a symbol of purity and freshness. The colour is a timeless classic that never goes out of fashion and is suitable for literally everything. White stands up well on a variety of textures and surfaces - smooth, rough, glossy, matte, whether on textiles or accessories.
But not everyone has the skill to spruce up a home, so it's best to trust a proven professional. The professional advice of an interior designer will help you further improve the look of your proposed apartment. As previously mentioned, attractive furnishings play a major role in determining a fair selling price. A professional designer knows how to select the furnishings for a luxury property to meet the expectations of buyers. Apart from the arrangement, the interior designer knows how to highlight the good features of the home so that it leaves a good impression during viewings on potential buyers. Creating a cozy atmosphere will help buyers feel the place as their own and imagine their daily life in it.
Choose a specialist estate agency
If you are interested in selling a luxury property, then you should know that a successful sale starts precisely with the selection of a consultant and the definition of market objectives. Unique estates professional consultants will give you the right guidance on how to make the most successful and satisfying transaction for your luxury home.
We will assist you and provide a reliable valuation of your real estate that is based on comprehensive market research and our own data accumulated over the years, applying best practices. By analyzing the consumer behavior and lifestyle of today's buyer, we can always provide you with timely, objective and accurate information. Our skilled professionals have a broad view of new trends in architecture and interiors and can make approximate predictions about changes in the luxury housing sector.
The sale of an apartment can happen with and without a real estate agent. But, consulting a real estate professional will ensure you have peace of mind that you will go through all the steps of selling your apartment without any problems. By choosing to trust the services of a professional consultant, you will save yourself a serious portion of both the obligations and responsibilities and the worries that every seller faces.
We advise you to trust an agency if you want to achieve satisfactory results in minimum time and with the most profitable profit. Do your research on the agencies in the market by informing yourself about the history of the company, its awards and achievements, memberships in organizations, participation in international forums, symposiums, conferences, events, etc. This will give you an insight into the company's positioning, its reputation among others and the transparency of the services it offers.
Select the appropriate season for sale
Before listing your designer condo for sale, it's key to consider current trends to get the deal done at the right time. Above all, for this, you need to be familiar with the stages and processes of the real estate market. Study what the supply and demand is, how the price levels of the apartments are going, considering the different urban areas and the advantages they offer. Also get to know the local features of the city and/or neighbourhood to get a more realistic idea of the price. Check listings for apartments in the same area or with the same features such as square footage, furnishings, trends and more and choose when it's most profitable for you to sell.
Take a look at the current economic and financial situation of the population. Keep in mind that if you list your property for sale at the wrong time, you run the risk of it not reaching the right buyers. The property market is characterised by alternating phases of boom and bust. If it is currently in a phase where apartment prices are down, demand is low, while supply is at its peak, you better have some patience and wait for a more favourable time to make a bigger profit.
Nationally, the period with the highest prices per sq.m. are the summer and autumn months, when supply is extremely high.
Clean the property excellently
When selling an apartment, apart from the price, the appearance of the apartment is what makes the biggest impression. We advise you to prepare the home in a welcoming, fresh and clean appearance to attract the interest of a potential buyer. Tidy up thoroughly, get rid of all unnecessary items, magnets on the fridge, touching drawings of the children and a bunch of knick-knacks that take up space in your home because they are sentimental only to you. The new person stepping on the doorstep should feel the atmosphere in which he can imagine himself living and feel comfortable and convenient enough.
A well-cleaned apartment attracts significantly more attention from potential buyers and will certainly have a positive impact when pricing the property. To make sure you present your home at its best, you can also trust a professional cleaning company with an approach and attention to detail. It will make sure to make the home shine and the visitors, in turn, will be impressed by the atmosphere and the care taken of the property.
Unique Estates will always be your trusted partner. If you are looking for your dream new home, want to invest or want to realise a property, contact us. Our team is available to assist you with all your luxury real estate questions and to advise you in the best way, protecting your best interest.
Read more from category For sellers and landlords
Do we need a broker when buying and selling a property?

Many of you probably ask this question when it comes time to change homes or purchase a new property. Why do I need an agency when there are websites show direct information from an owner?
Generally speaking, a real estate agent will save you time and effort, protect you from incorrect owners, and guide you seamlessly through the process.
How is a property sold?

When selling a property, it is important to consult a professional who can provide you with a housing market research and help you determine the market price of the property. It is also recommended to have a realistic description of the property to attract the attention of buyers, helping them to get oriented in its advantages.
How is a property tax assessment made?

The issuance of a tax assessment requires the submission of several types of documents, which you can request through a specialized portal for the provision of electronic services, with an application at the counter in an administrative service center, by e-mail or by post, electronically through the secure electronic delivery system.
How is the market price of a property determined?

The market price is determined by real estate professionals using the comparative market analysis method. The purpose of the analysis is to determine the correct price range in which to position a property when it is advertised for sale.
How is profit tax calculated when selling a property?

The profit from the sale of a property is not taxed when the home has been your property for 3 years. In all other cases, the difference between the sale price and the purchase price is taken into account when calculating taxes on the sale of a property. The income is formed on a tax base and this tax base is reduced by 10% of the legally determined costs.
How much is my property worth?

The surest way to find out how much your property is worth is to consult with a professional in this field. We at Unique Estates can help you by providing you with a reliable valuation that is based on in-depth market research by professionals as well as our own data acquired over the years.
How are the undivided shares of a property calculated?

For each independent property, the undivided shares are calculated using the following formula:
Undivided Shares (%) = (Built-Up Area/Gross Floor Area) *100
Where:
Undivided Shares (%) is the size of the common areas adjacent to the property.
Built-Up Area (BA) is the built-up area of a property.
Gross Floor Area (GFA) is the total floor area contained within the entire building.
How is a property boundary determined?

A property boundary is determined by filing a petition to fix the boundary between properties. In order to determine the exact boundaries of a landed property, it is necessary to carry out the so-called tracing. This means to mark various points, lines, planes or surfaces on the terrain.
How is rental income declared?

There are two options for declaring rental income. In the first case, if the tenant is an uninsured natural person, it is the responsibility of the landlord to declare and pay the applicable rental income taxes. In the second case, if the tenant is a self-insured person (or enterprise), the tax amount is determined and the tax is withheld from him/ her at the time of its payment.
How is a rental agreement prepared?

If you are considering renting out a property, your cooperation with a professional lawyer is very important. He will help you to draft all mandatory clauses of the agreement in accordance with the Obligations and Contracts Act (OCA, Articles 228-239) and the Landlord and Tenant Relationship Act.
How is a rental agreement concluded?

According to the Bulgarian legislation, a rental agreement can be concluded both in written and oral form. In both cases, the agreement is considered valid and has legal force. However, the choice of an oral agreement hides significant risks, mainly due to the difficulties in proving the agreed terms and conditions.
How to terminate a tenancy agreement?

When you wish to terminate your tenancy agreement, you must comply with the period specified in the agreement and give prior written notice. If you wish to leave earlier than this period, you must pay a penalty to the landlord.
What is a property management service?

The property management service releases the landlords from their responsibilities throughout the rental process and from the subsequent tasks of collecting the rent and monitoring the property.
How to sell a luxury property with Unique Estates?

Contact us and our team of experts will prepare a special Comparative Market Analysis to determine the correct market price and potential customers for your property. Trust our professional real estate consultants who will give you the right guidance on how to successfully sell your property.
How to make an expert appraisal of a property?

The first step in making an expert appraisal of a property is to contact a certified appraiser registered in the Chamber of Independent Appraisers in Bulgaria. For the process, you will need an ownership document, an up-to-date sketch or cadastral map of the property and other documents depending on the type of the property.
When market analyses and research are conducted?

Market analyses and research are conducted before making important business decisions, launching new products on the market, making investments, or expanding the business into new markets.
What does a market analysis involve?

The market analysis includes a complex analysis at several levels: general market analysis, industry market analysis, market analysis of an individual product. These assessments provide valuable data for informed decision making and strategic planning.
For whom can the real estate market analysis be useful?

The real estate market analysis can be useful for investors, home buyers, agents, financial institutions, property managers, end users, etc. It helps in making informed decisions and understanding market trends and property prices.
Where to post an ad for the sale of a luxury property?

Before selling your property, it is important to choose a consultant who will give you the right guidance on how to most successfully and smoothly carry out the transaction. Trust our professionals at Unique Estates, who offer complex services in the field of real estate in two directions - Premium and Standard.
Where to obtain a property sketch?

The first step in obtaining a property sketch is to check with the Geodesy, Cartography and Cadastre Agency (GCCA) whether the property falls within the territory with an active cadastral map. A check of the sketch can be carried out in any regional city in Bulgaria at the Geodesy, Cartography and Cadastre Office (GCCO).
How to rent out an apartment?

Renting out an apartment can be made both with the help of a real estate agency and independently. Choosing to work with an agency provides a number of advantages that can significantly accelerate the conclusion of a rental agreement.



