costa blanca

[spanster]

hi everyone,

i am looking at moving out to spain in may/june 2010 with family including baby,
we are selling up and i just wondered what is the situation on vacancies in the building trade.

thankyou

[jojo]

Originally Posted by spanster

hi everyone,

i am looking at moving out to spain in may/june 2010 with family including baby,
we are selling up and i just wondered what is the situation on vacancies in the building trade.

thankyou

I would strongly recommend you dont sell up. Rent out and rent here maybe?? The building industry is not good here. There are millions of half built and unsold properties here due to the economic crisis, building companies going bust all over the country. 17% unemloyment and rising and thats spanish nationals! From what I can see, the only building work that is continuing here, is government generated to keep the builders etc in employment. At one point there were alot of polish builders working at Málaga airport, but I think alot of those have gone now (probably to the UK LOL) cos the Spanish didnt like their jobs being taken

Come over by all means, cos it is a nice place to bring up a child, but you'll need a steady and secure income. So dont burn your UK bridges, certainly not until you're sure you can survive over here!

Jo xxx

[Pesky Wesky]

Hi Spanster,
I get the impression you haven't looked through some of the recent posts about the situation in Spain at the moment. Try looking at these...

Spains Recession

http://www.expatforum.com/expats/spain-expat-forum-expats-living-spain/30737-hoping-move-spain.html

http://www.expatforum.com/expats/spain-expat-forum-expats-living-spain/30197-moving-spain.html


I'm afraid they are not optimistic if you don't have a job to go to and don't speak Spanish. Sorry, but better to know now than when it's too late

[spanster]

Originally Posted by jojo

I would strongly recommend you dont sell up. Rent out and rent here maybe?? The building industry is not good here. There are millions of half built and unsold properties here due to the economic crisis, building companies going bust all over the country. 17% unemloyment and rising and thats spanish nationals! From what I can see, the only building work that is continuing here, is government generated to keep the builders etc in employment. At one point there were alot of polish builders working at Málaga airport, but I think alot of those have gone now (probably to the UK LOL) cos the Spanish didnt like their jobs being taken

Come over by all means, cos it is a nice place to bring up a child, but you'll need a steady and secure income. So dont burn your UK bridges, certainly not until you're sure you can survive over here!

Jo xxx

Thanks i appreciate it x

[Pesky Wesky]

Originally Posted by jojo

I would strongly recommend you dont sell up. Rent out and rent here maybe?? The building industry is not good here. There are millions of half built and unsold properties here due to the economic crisis, building companies going bust all over the country. 17% unemloyment and rising and thats spanish nationals! From what I can see, the only building work that is continuing here, is government generated to keep the builders etc in employment. At one point there were alot of polish builders working at Málaga airport, but I think alot of those have gone now (probably to the UK LOL) cos the Spanish didnt like their jobs being taken

Come over by all means, cos it is a nice place to bring up a child, but you'll need a steady and secure income. So dont burn your UK bridges, certainly not until you're sure you can survive over here!

Jo xxx

As Jo says come over, but don't burn your bridges!
Look at the thread Good news for those living in Spain!

[chickenkiev]

Originally Posted by jojo

I would strongly recommend you dont sell up. Rent out and rent here maybe?? The building industry is not good here. There are millions of half built and unsold properties here due to the economic crisis, building companies going bust all over the country. 17% unemloyment and rising and thats spanish nationals! From what I can see, the only building work that is continuing here, is government generated to keep the builders etc in employment. At one point there were alot of polish builders working at Málaga airport, but I think alot of those have gone now (probably to the UK LOL) cos the Spanish didnt like their jobs being taken

Come over by all means, cos it is a nice place to bring up a child, but you'll need a steady and secure income. So dont burn your UK bridges, certainly not until you're sure you can survive over here!

Jo xxx

I would start looking for a rental place now, the long term rentals are dropping like a stone due to the previous two months bad weather. By May/June next year they always seem to increase their prices for the summer months. Or if you are in the building game, consider a shell or half build, as the Developers cant move them at the moment.

[Suenneil]

Originally Posted by timetravel4u

I would start looking for a rental place now, the long term rentals are dropping like a stone due to the previous two months bad weather. By May/June next year they always seem to increase their prices for the summer months. Or if you are in the building game, consider a shell or half build, as the Developers cant move them at the moment.

The only problem with looking for a rental property now, if they arent planning on coming over until 2010 is holding it .... landlords would expect rent up front to reserve a property for that length of time , and I wouldnt personally do that so far in advance.

Also long term rents are usually driven by the weather are they if you are renting long term you are here all year round so the weather doesnt affect the price, and whereabouts in Spain are yoy the last 2 months here the weather has been fabulous!
If they are planning to be living here by May 2010, then coming over for a visit and viewing around March/April time should be fine and there will be plenty of long terms rentals still out there.

Sue

[chickenkiev]

Originally Posted by Suenneil

The only problem with looking for a rental property now, if they arent planning on coming over until 2010 is holding it .... landlords would expect rent up front to reserve a property for that length of time , and I wouldnt personally do that so far in advance.

Also long term rents are usually driven by the weather are they if you are renting long term you are here all year round so the weather doesnt affect the price, and whereabouts in Spain are yoy the last 2 months here the weather has been fabulous!
If they are planning to be living here by May 2010, then coming over for a visit and viewing around March/April time should be fine and there will be plenty of long terms rentals still out there.

Sue

I am in Pedreguer, which is the Costa Blanca, it rained non stop from the
6th of September until the start of October, the start of October was very hit and miss, and if you would have seen the Costa Blanca newspapers you would have seen, some of the worst weather here for years.
Yes the weather does affect the price, even on long term, this part of the Costa Blanca feeds of tourism as much as the rest of Spain, so after a hard summer, a very wet autumn, the economy, 18% unemployment, and the fact that this winter will be one of the hardest going for small businesses, a good time to come over is in the next few months, to look for long term rental, but not from an agent, go direct to the owner, and negotiate yourself, and just leave a deposit, there are many British expats, who would be happy, just to have a guarantee that someone is renting. Nearly all the estate agents here, are moving into long term rental, as the property market is not moving.
Take Gata Residencial estate, in Gata De Gorgos, there are 450 houses built around 5 or 6 years ago. They have now some 200+ up for rent, at prices lower than 1 year ago. However a lot choose at the begining of the year either to go for the summer rental or long term, they will not leave the summer rental option to long, as they will Not fill their allocation, leaving it until April, is to late in my opinion.

[jojo]

Originally Posted by timetravel4u

........ a good time to come over is in the next few months, to look for long term rental, but not from an agent, go direct to the owner, and negotiate yourself, and just leave a deposit, there are many British expats, who would be happy, just to have a guarantee that someone is renting. Nearly all the estate agents here, are moving into long term rental, as the property market is not moving.
.

I´m not sure I'd reccomend that, unless you pay the rental for the whole period as well, or have a very watertight contract drawn up for both parties involved. Quite frankly I cant see why you need to rush at all!! When you choose to come over you'll find just as many properties at just the same prices, unless you're looking at holiday homes, which tend to charge extremely high prices thru the summer. Normal long term rentals dont change their prices much, altho they are still dropping, its a renters market!

Jo xxx

[mrypg9]

[QUOTE=timetravel4u;198948]
a good time to come over is in the next few months, to look for long term rental, but not from an agent, go direct to the owner, and negotiate yourself, and just leave a deposit, there are many British expats, who would be happy, just to have a guarantee that someone is renting.


Yes, put the money in a pretty envelope, tie it with a nice pink bow and write 'Happy Christmas' on it.
Seriously, that doesn't seem a very prudent way to do business. A good agent will not charge a tenant a 'finders fee' and will see that you have a proper legally-binding rental contract and, if appropriate, an inventory.