Spanish Property

[rowlandsbb]

Yes
specialise via my Spanish Connections between Alicante and Mojacar
Also have bought future intention to winter in Spain and also investment
So I do take a positive view for good locations
E-mail me if you want any info
Brian Rowlands BSc FRICS

[Stravinsky]

Originally Posted by rowlandsbb

Yes
specialise via my Spanish Connections between Alicante and Mojacar
Also have bought future intention to winter in Spain and also investment
So I do take a positive view for good locations
E-mail me if you want any info
Brian Rowlands BSc FRICS

I'm already here thanks, well ensconced!
Do you think you'll be feeling a squeeze now the property market is faltering? I know many agents are still in denial

[Sandra]

Hi, we have an apartment in Costa Azahar (Castellón area), in the resort Marina D´or. I know it´s not the area you are looking for but it´s cheaper than Costa del Sol. The apartment will be ready around end of this year. It has 2 bedrooms, 2nd line of beach, 2nd floor, very sunny, whirl tub, totally furnished, kitchen fully equiped with all appliances. Garage with direct access to the apartment, private storage room, communal swimming pool and gardens, very nice. The price per month for 1 year rental is 600 € (community cost included in the price). Water and electricity costs at your expense. You can contact me for further details: (34) 626 20 50 84. My name is Sandra.

[jtillyer]

May be good to keep an investment property in England as the market is booming. You can get them fully managed, this way even if you are renting in Spain you still own a 'slice of England'.

[rowlandsbb]

Hi Martin
Have you had any more thoughts about buying in Spain
My wife and I are going over to Almeria next week to pay the deposit on our new villa near Huercal Overa- small hamlet , 60 plots so not holiday complex and 2 bed 2 bath on 400m2 plots from circa 178.000 € No price crash and with the new motorway open and the Spanish High Speed train route about to be decided with a station at Vera Playa, this area has the best growth prospects in Spain
Sept/Oct is the best time to visit to find a home....so if you are still serious give it some thought
Properties bought to live in are for 'living' not just for investment but are also a good medium to long term investment- same as UK
If you want any more info please e-mail me
Regards
Brian Rowlands BSc FRICS

[Destination Spain]

Originally Posted by rowlandsbb

Hi Martin
Have you had any more thoughts about buying in Spain
My wife and I are going over to Almeria next week to pay the deposit on our new villa near Huercal Overa- small hamlet , 60 plots so not holiday complex and 2 bed 2 bath on 400m2 plots from circa 178.000 € No price crash and with the new motorway open and the Spanish High Speed train route about to be decided with a station at Vera Playa, this area has the best growth prospects in Spain
Sept/Oct is the best time to visit to find a home....so if you are still serious give it some thought
Properties bought to live in are for 'living' not just for investment but are also a good medium to long term investment- same as UK
If you want any more info please e-mail me
Regards
Brian Rowlands BSc FRICS

Good Luck Brian and welcome to Almeria!

[ssd]

Buyers can (and should) also consider the private sales route...
Conducting Spanish sales, direct from the properties current owner, is becoming quite commonplace now.
And without agents commission fees bolstering the asking prices, buyers are getting more realistic offers accepted by sellers who still walk away with the amount they need from the sale.

[synthia]

ssd, welcome to the expat forum and thank you for the suggestion. I don't think I've seen anything here about private sales before.

[malc]

Originally Posted by atlast

We didn't buy because we wanted to be sure we would be happy first. All the articles about the 'crash' seem to be about a reduction in the rate of increase. However, having seen a couple of real crashes in the US, I know what happens to some people.

It doesn't matter very much if you are happy with your home and intend to keep living there, and can afford to. It only becomes an immediate problem if you are forced to sell because of a new job, losing a job, or some other external problem.

If you don't have much equity in the house, you are trapped. Instead of just losing equity, you actually acquire debt as the house value falls. I know more than one couple who had to pay money at closing to get out of their house, because they had to sell for less than they owed.

If you have a lot of equity, you can take your losses and run, but only if you haven't been counting on that equity to fund your retirement or your next house.

Rents tend to fall, as people with houses they can't get out of try and get some income from them while they downscale. The number of places for rent goes up.

So if you want to buy, go ahead. I think you should rent for a year, then buy. Once you are sure you will stay long term, buy, and don't worry about the ups and downs unless you end up in a place you can't afford.

Hi ..we are looking to rent rather than buy but find it difficult to find a good website. do you have any advice on the best way way to look for rented properties

[ssd]

I can recommend all the W's rentinspain dot co dot uk.