Thinking of buying a place in Spain


Postby jenniemiller1977 » Sun Jun 24, 2012 6:02 pm

I'm thinking of taking the plunge and buying a place in Spain. I still want to keep my property in this country and plan to live in spain for 6 months of the year and in the UK for the other 6 months. Does anyone know any good agencies that they have experience of dealing with who could rent out my property in Spain for the 6 months I am not there?

Also, if you have any tips on any up and coming areas it would be helpful to know what you think.

Thanks
jenniemiller1977
Posts: 6
Joined: Sun Jun 24, 2012 5:54 pm

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Simply Build It

Postby welsh brickie » Mon Jun 25, 2012 9:38 pm

do not buy on a complex, the maintaince fee yearly always increases and there is always problems associated with neighbours.
Do not expect to make much of a profit,taxes,cleaning costs,electric,water all need to be considered.
Do your groundwork,there are plenty of expat forums to discuss issues relating to the area your considering to buy.
Rent a place before you buy anywhere first.
welsh brickie
Posts: 1885
Joined: Sat Apr 12, 2008 7:54 am


Postby gc9 » Tue Jul 03, 2012 1:42 pm

Would you really buy in Spain now???
I know house prices have dropped by almost 50% but then with the volatilities of the EURO I'll hold back a bit on this one.
gc9
Posts: 25
Joined: Fri Jun 29, 2012 9:15 am


Postby happy_go87 » Fri Jun 28, 2013 3:37 pm

I have several properties brought off plan before the bomb shell. I am sad to say my experience is awful - a cross section of property, types and developers and everyone is a story you wouldnt afflict upon your friend. In additon i have friends who would also add to this advice. I would say only buy if you loking to flip them. Otherwise you have no idea of ALL THE HIDDEN traps you cant imagine may await you. Basically rip up the rule book when it comes to everything you take for granted in the Uk. Avoid owning one if you going to keep it, rent it. (unless your planning to live in it)
happy_go87
Posts: 8
Joined: Thu May 31, 2007 7:32 pm


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