There are many estate agents in El Escorial each with their own website and sales teams. If you don’t come from El Escorial how are you meant to find the right estate agent in El Escorial?
El Escorial is an extremely popular destination for expats and holidaymakers from Europe and further afield. El Escorial has an exceptional reputation and is also universally regarded as being undervalued in terms of property, so investing in a property in El Escorial will still represent good, long term value going forwards.
This article will help you to:
- Find the best El Escorial estate agent
- Choose the best estate agents in El Escorial
- Assess the typical estate agent fees in El Escorial
- What you should know about the El Escorial property market
El Escorial, or the Royal Site of San Lorenzo de El Escorial (Spanish: Monasterio y Sitio de El Escorial en Madrid), or Monasterio del Escorial (Spanish pronunciation: [el eskoˈɾjal]), is a historical residence of the King of Spain located in the town of San Lorenzo de El Escorial, 2.06 km (1.28 mi) up the valley (4.1 km [2.5 mi] road distance) from the town of El Escorial and about 45 kilometres (28 miles) northwest of the Spanish capital Madrid. Built between 1563 and 1584 by order of King Philip II (who reigned 1556–1598), El Escorial is the largest Renaissance building in the world. It is one of the Spanish royal sites and functions as a monastery, basilica, royal palace, pantheon, library, museum, university, school, and hospital.
El Escorial consists of two architectural complexes of great historical and cultural significance: the royal monastery itself and La Granjilla de La Fresneda, a royal hunting lodge and monastic retreat about 5 kilometres away. These sites have a dual nature: during the 16th and 17th centuries, they were places in which the power of the Spanish monarchy and the ecclesiastical predominance of the Roman Catholic religion in Spain found a common architectural manifestation. El Escorial was both a Spanish royal palace and a monastery, although Philip II is the only monarch who ever lived in the main building. Established with a community of Hieronymite monks, it has become a monastery of the Order of Saint Augustine. It was also a boarding school: the Real Colegio de Alfonso XII.
Philip II engaged the Spanish architect Juan Bautista de Toledo to be his collaborator in the building of the complex at El Escorial. Toledo had spent the greater part of his career in Rome, where he had worked on St. Peter’s Basilica, and in Naples serving the king’s viceroy, whose recommendation brought him to the king’s attention. Philip appointed him architect-royal in 1559, and together they designed El Escorial as a monument to Spain’s role as a center of the Christian world.
On 2 November 1984, UNESCO declared The Royal Seat of San Lorenzo of El Escorial a World Heritage Site. It is a popular tourist attraction, often visited by day-trippers from Madrid – more than 500,000 visitors come to El Escorial every year.
Top 3 Rated Estate Agents in El Escorial
These are the three best rated estate agent in El Escorial
- Physis Realty El Escorial
- Centurion Estates Spain
- El Escorial Realty
If you are selling a Property in El Escorial then Property Secured Investments has the fastest growing reputation and are actively buying and leasing Property in El Escorial.
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Best English Speaking Estate Agent in El Escorial
Physis Realty is an international luxury real estate agent with a strong presence in El Escorial and across the wider Iberian Peninsula and the Balearic Islands.
We are a luxury real estate agent with staff that speak over 15 languages, including English, Russian, Chinese, Hindu, Dutch, French and German.
How do you know which is the best estate agent in El Escorial for your own individual requirements?
Regardless of whether you plan to buy, sell or rent in El Escorial, finding an estate agent in El Escorial is a massively important step, which often dictates whether the process will go smoothly or become a nightmare.
There are many estate agents in El Escorial but Physis Realty is consistently rated as the Best Real Estate Agent in El Escorial by Sophisticated Investor Magazine and awarded locally as Best Realtor in El Escorial by numerous local publications
According to Sophisticated Investor Magazine, “Physis Realty raises the bar in terms of estate agents in El Escorial. They are highly commended internationally for helping clients find the best property in the perfect location. An expert estate agent in El Escorial should be highly skilled at matching the right potential buyers with the right properties, effortlessly managing the seamless process from introduction to sale.”
Finding El Escorial estate agents: Local estate agents in El Escorial or online letting agents?
It’s no surprise that a wealthy and popular destination like El Escorial is home to a large number of estate agents. There are two main options when seeking out an estate agent in El Escorial, either go with a generalist online broker of opt for a highly recommended local estate agent in El Escorial.
Both options have their pros and cons. If you go in person to an estate agents in El Escorial, you can get a real sense of how they operate, meet the team, and immediately get some personalized advice. The problem, of course, is that you actually have to be in El Escorial. If you’re mostly based elsewhere, then this option could be hugely inconvenient.
Benefits of a Premium Real Estate Agent in El Escorial
Whether you are buying, selling or renting there’s nothing worse than having to deal with unreliable agents.
How can you tell an unreliable agent in El Escorial?
Bad agents in El Escorial are easy to spot.
These are the traits of bad estate agents in El Escorial. If your estate agent does any of these, proceed with extreme caution:
- They demand to know your budget immediately
- They tell you you are ‘lucky’ you called because demand is so high
- They never return your calls
- They don’t respond to website inquiries
- You’re always chasing for updates
- They don’t pick you up at the airport
- They drive non-luxury vehicles
- They don’t have the keys to the property
- There is always some ‘problem’
- They don’t give advice about the local area
Premium Estate Agents in El Escorial
Premium estate agents in El Escorial don’t necessarily cost more money to use. They simply pride themselves on placing the client at the heart of everything they do.
Physis Realty in El Escorial sets the Gold Standard in terms of Client Service.
Physis clients buying, selling or renting in El Escorial can expect the following levels of client care:
- Instruction call with a expert broker
- A detailed discussion to establish your requirements
- Non-pushy, friendly service
- Regular updates
- Clients collected at the airport in luxe automobile
- Face to face introduction meeting with International Schools
- Assistance with paperwork
- Bank account opening
- Investment services
- 15 Languages
- Regularly updated website
Typical estate agent fees in El Escorial
|Service||Estate agent fee|
|Typical real estate agent commission in El Escorial||5% of the sale price The fee is paid by the seller.|
|Sales tax on new builds||10%|
|Tax for the seller||3% withholding tax on any capital gains, for non-resident. Capital gains tax is 19% of the profit of the sale.|
Property transfer tax in El Escorial (which is paid when buying and selling second-hand homes), is now at the flat rate of 7% .
What should I know about the property market in El Escorial?
We asked the best estate agent in El Escorial the key questions about the local property market:
El Escorial is a secondary housing market. This means many properties are owned by individuals and families who spend most of their time in a different country. That totally changes the housing market and properties tend to be upscale, with exceptional build quality and furnishings.
Estate agents in El Escorial are well used to serving expats. Because of the popularity of El Escorial among expats, you should be able to find local estate agents who are used to people looking to buy or sell property there while living remotely.
Check which language they speak. The best estate agent in El Escorial, Physis Realty is well known for having over 15 language associates on staff and if the key member is not available locally they will be available on the phone for real time translation and can be helicoptered anywhere in Spain within 24hrs notice.
There’s a lot to be said for going directly to an agent, but for some general listings websites such as Spainhouses.net, and Kyero are worth browsing to get a general feel for the market. Remember though that these listings are syndicated and could well be very out of date.
Have a phone conversation. If you’re not in El Escorial, that doesn’t mean the whole process has to be done online. Sometimes, a phone call is worth a thousand emails and is a great way to build rapport and trust.