buy spanish property in sterling distressed property costa del sol euro exchange rate euro sterling conversion spanish property 
If you are thinking of buying a property in Spain in the near future it´s certainly becoming an interesting market. The part that the fluctuating euro/sterling exchange rate is playing cannot be overlooked, the primary reasons being these:
- the majority of Spanish property enquiries received by most of the popular portals and websites originate from prospective buyers based in the UK (and therefore likely to be buying in sterling).
- The majority of vendors seeking to sell their properties in Spain are British, and most will therefore be seeking to repatriate the proceeds of their sales back into sterling. Continue reading »
bargains in spain cheap properties spain discounted properties spain distressed sales spain spanish property All those amongst you looking for that dream Spanish property have one thing in common – you are all after a great deal.
We´ve spoken to lots of potential buyers in the last month or so, and we´ve been keeping a note of all the different phrases that people have used to describe what they are after. These are the most common terms that have been used - they have been repeated again and again:
buy a property in spain property in marbella spanish property Watch this space – I´ve found another property in Marbella!
Can´t give too much away at the moment, as I am due to sign contracts on Monday, but the new place is old, a typically Spanish property and in one of Marbella´s best locations. I´ll reveal all very soon.
apartment Cabo Roig cheap costa blanca property property costa blanca rental Costa Blanca spanish property A good friend of mine has just bought a cheap apartment on the Costa Blanca.
The fully furnished 2 bed apartment in Cabo Roig cost him 80,000 euros. Situated in a lovely gated community within a 5 minute walk of a fabulous sandy beach, and with a supermarket and restaurants on the doorstep, the property is ideal for family holidays and/or as a rental investment.
Continue reading »
bargains in spain discounted properties spain distressed property spain property in spain spanish property My mum phoned me earlier this week, in a very agitated state. “How are you coping? It must be terrible for everyone with property in Spain at the moment.”
When I asked her what had prompted this wave of concern, she told me that she had been reading an article in the Daily Mail, which painted a dismal picture of British owners of properties in Spain being forced to pack up and leave, and/or becoming trapped in a falling housing market.
buy a property in spain marbella villa to rent spanish property villas in marbella So I make the offer on my ideal Spanish property, the idyllic semi-detached Marbella villa with a sea view. Via the listing agent, I offer €420,000 and am expecting a rejection.
It takes 4 days to get hold of the vendor – typical me, I´m dealing with the only seller in Spain who doesn´t pick up his phone! Apparently, he´s “neither accepted or rejected” my offer………………what does that mean then?
agents on costa del sol costa del sol property good agents in marbella property in spain spanish property spanish property agents The attitude of some Spanish property agents is surprising to say the least.
Here we are in the depths of a recession, with dwindling numbers of prospective buyers and with a growing number of desperate sellers, and just at the time when agents should be going that extra mile to sell their properties and think of expanding their routes to market on behalf of their vendors, a surprising number are happy to sit back and wait for the business to fall into their laps.
bargain properties in spain costa del sol property estate agents in spain properties in spain spanish property These are tough times in the Spanish property market, and with estate agents closing down throughout Spain on a daily basis, you would have thought that those remaining would be trying to find smarter ways of working and exploring new opportunities to sell properties in Spain.
There is now a buyers´ market for Spanish property, and most prospective purchasers want to find a genuine bargain in Spain. To do so, they are far more likely to shop around to find their ideal Spanish property bargain, and to use more than one agent.
communal living spain community fees spain rent a property in spain spanish properties for sale spanish property Most buyers of Spanish properties within communities love to have a view of the swimming pool within their grounds. This often particularly suits parents who can keep an eye on their kids from the comfort of their teraces, with their ice cold beer in hand, while little Johnnie and Rosie are trying to drown the neighbour´s kids in the deep end.
But bear in mind that if you are buying a Spanish property purely for the view of the swimming pool, all lit up beautifully at night, and you cannot stand kids, then you may be advised to steer clear of the place during July and August. This is the peak season for pool use in Southern Spain. For the rest of the year, the pool simply acts as a calm oasis, resplendent in all its glory.
apartment in spain buy in spain communities in spain comunity fees for property in spain spanish property My advice when thinking of buying a Spanish property within a community of owners is as follows:
1. Ask to see the budget and minutes from the last AGM
This will give you an insight into any problems that the community faces (i.e. any outstanding issues or unresolved lawsuits with the developers/builders) or any grumbles that the current owners may have (i.e. maybe the barking dog at Number 9 is a recurring theme - could be a problem if you are thinking of buying Number 10!)
2. Take a look around the communal areas
If you think that any areas look tatty or in need of a lick of paint, ask your agent to find out if/when any remedial work is due. This will give you an idea of how seriously the owners take the upkeep of the community. Continue reading »
