Thanks Jo. Have printed it off to read on my lunch break (at 4 o' clock!)
Is It Dangerous To Buy Property In Spain?
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At last! A clear article stating some of the facts!!
This is the kind of person the Priors etc need to be in contact with.
It's made very clear here
This is the kind of person the Priors etc need to be in contact with.
It's made very clear here
- There are rules and regulations about buying property in Spain
- Some of them are different to the UK
- If you break those rules you are gambling with your investment
- It is possible to buy property safely in Spain
But Nigel, why should the British or Spanish taxpayer help out those people who have made mistakes caused by their own foolishness?
We already do far too much of that in the UK, IMO.
I along with millions of others lost money because my investments didn't turn out as I hoped. The small print warns you about that, though....
I'm sick of my still large tax burden being spent on so many things I don't support - reckless foreign wars, feckless people who see welfare as a pleasant alternative to low-paid work ,duck moats and 'flipped' second homes for MPs : the list is endless.
I don't want to add to that : supporting people who recklessly took a gamble on a better life in a foreign land and found that it didn't work out.
Don't get me wrong: my name isn't Mary Thatcher
But those people who worked hard all their lives, prudently saved for their retirement, stayed away from unsound get-rich-quick schemes and now find that £100k of investment returns them £500 a year are the people I feel sorry for. They would have been better off taking out huge loans and mortgages then taking up the benefits they are entitled to when the bubble bursts. So much for work and thrift....The Government of Spain isn't 'so-called' by the way- it's very much in evidence round here. So many Plan E schemes...
But I suppose it's better for the economy to subsidise schemes whereby people work and local business benefits than to pay the dole for them to be idle.
I wonder if people in the UK would support such schemes whereby people on benefits who are able-bodied were obliged to do some socially useful work in return for state support? What do you think?
Agreed 100%At last! A clear article stating some of the facts!!
This is the kind of person the Priors etc need to be in contact with.
It's made very clear here
- There are rules and regulations about buying property in Spain
- Some of them are different to the UK
- If you break those rules you are gambling with your investment
- It is possible to buy property safely in Spain
Did you see the ITV programme on Marbella last night? Loads of people there who bought safely.
Our villa was the large pink one on the top of the hill, BTW. The one with the Rolls and the two Bentleys in the garage
Seriously, though, those people bring more money into Spain in a month than the combined purchasing power of Almeria pensioner immigrants in a year.
Young idiots spraying champagne at 1500 euros a bottle over each other....
They obviously aren't expecting the bulldozers at the gates of their luxurious homes.
I saw that too - there were some surprising people on there werent there MaryAgreed 100%
Did you see the ITV programme on Marbella last night? Loads of people there who bought safely.
Our villa was the large pink one on the top of the hill, BTW. The one with the Rolls and the two Bentleys in the garage
Seriously, though, those people bring more money into Spain in a month than the combined purchasing power of Almeria pensioner immigrants in a year.
Young idiots spraying champagne at 1500 euros a bottle over each other....
They obviously aren't expecting the bulldozers at the gates of their luxurious homes.
Mind you the mayor of marbella is at the moment down the road from me in AdlT Prison - for corruption!!!!!!!
Its was an interesting programme tho and it sums up most of southern Spain - altho more exaggerated. Different levels of lifestyles all in one
Jo xxx
No, I didn't. Can you tell me the name of the programme and I'll see if can get it on Youtube????????Agreed 100%
Did you see the ITV programme on Marbella last night? Loads of people there who bought safely.
Our villa was the large pink one on the top of the hill, BTW. The one with the Rolls and the two Bentleys in the garage
.
is it dangerous to buy in Spain
Naturally the economy has not helped with our desire to downsize and to continue living in 'our' lovely village but we cannot help feeling that scaremongering exacerbates the situation.
Our advice, by looking away from the costas and slightly inland you may find more genuine people to deal with rather than the wheeler dealer types.
For us the experience has been good and although the frustration of not yet selling remains we are delighted to continue our dream - so more positivity required!
We set about chasing our dream three years ago. Bought a house insisting on an independent solicitor. Have used the house as a small business with local support from the town hall, local businesses and of course the wonderful villagers who have accepted us into their world.It was on ITV, 'Piers Morgan on Marbella'.
But don't let that put you off
Naturally the economy has not helped with our desire to downsize and to continue living in 'our' lovely village but we cannot help feeling that scaremongering exacerbates the situation.
Our advice, by looking away from the costas and slightly inland you may find more genuine people to deal with rather than the wheeler dealer types.
For us the experience has been good and although the frustration of not yet selling remains we are delighted to continue our dream - so more positivity required!
I think you will find you are wrong..
The extra £25 per week is a grant for OAPS reciving Pension Credit when the mean temperature falls below 0c for a period of seven consecutive days. It's not for the long-term unemployed.It's important to get the facts right when discussing issues such as this as if you don't it's easy to demolish the whole argument.
As for the long-term unemployed: a process has begun whereby these people and those on disability benefits are being called into their local Job Centre and assessed for eligibility to work. Private Agencies are being paid huge sums by central Government to find work for the unemployed.
But your argument implicitly assumes that every single unemployed person is workshy and I reject that. In some areas there are simply no jobs available. The rapid transformation of our economy into a knowledge-based one requiring different skills means that some older people will inevitably struggle to find employment.
My post was in no way meant to be construed as a generalised attack on all those receiving benefits of any kind.
I quite agree. As well as the Eye on Spain fact sheet, other Agencies have been putting out similar information. My bank, Solbank, has been giving advice on house-purchase for the past ten years and has recently updated its booklet.
My comment related to Piers Morgan, not Spain
I'm glad you are happy and thinking positively-we are too!
What did you think of the programme, though?
I agree, PM is irritating, to say the least.
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