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Spanish Blogs & Articles on Buying & Living in Spain
Want to buy in Spain and avoid the tourists? by RROK on 26th December, 2007.
Want to find somewhere quiet and peaceful away from the hustle and bustle of the resorts? Want to live in Real Spain? Why? You came here on holiday and fell in love with the
- evening promenades by the sea shore
- beauty of the colour blue only seen in the Mediterranean
- backdrop of colourful purple, green and snow topped mountains
- white and golden villas surrounded by tall palms
- clothes shops
- gift shops
- supermarkets like Lidls & Mercadona
- lack of necessity to wear up to date fashion
- warm sea to paddle in
- sand that sifts gently through your fingers which hasn’t been imported from another country
- freshly caught and grilled sardines
- bottled water which hasn’t got extra stuff put in it for your health
- powerful spray from the daily showers
- tiled floors and walls and modern kitchens and bathrooms
- joy of chattering to people who speak your language
- pleasure of speaking to other English people
- eating whenever you want to
- realistically priced food, wine and San Miguel
- locals who show their affection for their children
Everything is here – in the tourist traps. That’s what you love about Spain – the place where you came on holiday. It was so easy to familiarise yourself with the area, get to know the locals, find your favourite restaurants.
So why on earth would you want to buy somewhere away from it all, inland, amongst the Spanish natives? Why would you not want to buy a delightfully luxurious modern villa or apartment near the coast amongst friendly people who welcome you there? A home may be cheaper inland but that is because nobody else wants it.
Follow your dream – your dream was to live in the same environment that you fell in love with whilst on holiday. Was your dream born out of a pile of bricks in a distant deserted field? Or was it born out of the romanticism of the coast? You need to ask yourself what it is that you want from your new home. It cannot be the old pig shed in the middle of nowhere without any running water or electricity or even a road? Or can it? Do you want to spend the next 5 or 6 years trying to get permission to start building something, trying to make the place liveable without the pong of animals? Surely you would prefer to move into something nicer and the same day find time to relax next to a pool filled with cool water?
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You'll Love The Weather In Benidorm Spain By Clinton Maxwell On February 23, 2007.
Benidorm weather, like the greatest part of the Costa Blanca is nearly perfect throughout the year. This is what makes the area one of the most sought out vacation spots in the world. One of the reasons for the great weather in this Spain hotspot is because of the fact that the city is surrounded by mountains that protect the area from the colder winds from the north. Therefore, even the winter is a great time to visit this part of the world. The weather in Benidorm is basically a typical Mediterranean climate. This means basically that the area has longer hot summers and a mild winter. As well, the spring and fall times are both warm as well. Of course as with most vacation areas the summer is the most popular time for visitors, where the combination of hot weather and seldom rain make it the perfect beach vacation. You’ll find the most tourists enjoying the Costa Blanca in the months between May and October.
However, you wouldn’t be wrong to visit in the spring with temperatures being normally warm and having little rain. The temperatures during this season are from around 50 to 70 degrees. The average temperature for the summer is between 60 to 80 degrees, with August usually being the hottest of summer months, going up to over 100 degrees at times. These temperatures go down a bit in the evening to about 65 to 80 degrees. Since the weather is best in the summer this is when the biggest crowds come as well. For this reason you’ll want to plan your trip well in advance for the summer months. This includes planning your flight, reserving your hotel, and reserving your car rental as well. If not, you choices could be drastically lowered as well as the fact that you could end up paying more. If you want to avoid the crowd you could still visit the area in the Fall or Winter time, however you may want to note that Fall is the rainy season here, and therefore is the reason for the low crowds. Flooding has actually been known to happen during this season even, as well as severe electrical storms in or around September.
However, even though it does rain, the temperatures during the autumn months are quite mild, with an average of 60 to 80 degrees. The night drops a bit, down to around 50 to 65. One thing that the Costa Blanca is actually known for is the mild winters, when compared to much of Europe. Therefore winter is popular in Benidorm for Northern Europeans who are looking to escape the cold. This brings about a lot of retirees to the region. So, you’ll find many who live in Benidorm throughout the winter and return back to their home country in the spring. Basically, Benidorm is a great place to visit nearly throughout the year, except for maybe a small window of time in the fall months, when you get the most rain and lightning storms.
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Where to Buy in Spain. Costa del Sol has something for all tastes and budgets, from exclusive yacht harbours and golf courses to excellent shopping facilities, along with the kind of lively, sociable nightlife the Spanish are famous for. Hence, it has become one of the most enduring property hotspots in Spain
Asked to imagine Spain, most of us will conjure images of sun-drenched sandy beaches and bustling resorts that give way inland to rugged mountains scattered with charming, traditional villages. This is the Spain thousands of foreign buyers seek every year. And you’ll find it all in the Costa del Sol. ‘The sunshine coast’ is one of the country’s most enduring property hotspots, and with a little help from experienced Spanish estate agents, you could have your own treasured piece of it.
The Costa del Sol, which stretches 300km along the Mediterranean coast, from Malaga in the east to Sotogrande in the west, remains hugely popular with holidaymakers and emigrants alike. And its extremely reliable climate is one of the main appeals. True to its name, the region enjoys year-round sunshine, cooled by gentle ocean breezes, and only the rarest spot of rain. But it’s the area’s physical diversity that makes it truly special. From imposing mountains to orchard-filled valleys to idyllic white sandy beaches, this is Spain at its glorious best.
Buy a home in Costa del Sol and you’ll find all the amenities you need and desire too. There’s something for all tastes and budgets, from exclusive yacht harbours and golf courses to excellent shopping facilities, along with the kind of lively, sociable nightlife the Spanish are famous for. You don't have to go far to discover traditional Spain either; throughout the region are tranquil towns and villages that have hardly changed for centuries.
Whether you’re looking for a luxury apartment in a smart new development or a cosy family villa in the countryside, the choice of Costa del Sol real estate is pretty extensive - as is the range of locations and lifestyles on offer. Towns and resorts in the Málaga province range from ancient Moorish capitals to buzzing holiday hotspots. Here are just a few popular and lesser-known locations for Costa del Sol property buyers to consider.
Costa del Sol locations:
Alhaurin el Grande Just 22km from Malaga airport, on the north side of Mijas Sierra, you’ll find this friendly, unspoilt mountain town. Steep streets are lined with traditional Spanish homes, while the lower part of the town is more modern. Highlights include pretty squares, excellent value shoe shops and the impressive blue and white church of San Sebastian, framed by stunning views of the peaks and Guadalhorce Valley. Cordoba Once capital of the Moorish empire Al-Andalus, Cordoba is one of the most atmospheric towns in Andalusia. The old quarter still thrives, with its ancient palaces, mansions and tranquil squares, while the undoubted highlight is the magnificent Mezquita mosque, at one time the largest in Islam. Granada Another Moorish masterpiece and home to the famous Alhambra Palace, Granada is a truly romantic city. The North African cuisine is outstanding here, with many excellent restaurants and Moroccan tea rooms, while nearby you’ll find the Sierra Nevada ski resort and the coast just 130km away. Marbella Now unrivaled as the glamour capital of the Spanish coast, Marbella was once a humble fishing village. Celebrities come from all over the world to holiday here and enjoy the miles of clean, golden beaches and fantastic bars and clubs. The old town is charming, with its traditional Andalusian narrow streets and pretty promenade, all overlooked by the stunning La Concha mountain. Nerja Famed for both its international arts festival and impressive caves, Nerja is a picturesque, traditional Andalusian town at the foot of the Axarquía mountains. Its highlights include a lovely old town centre and numerous sandy coves that offer excellent, secluded bathing. The picture postcard village of Frigiliana is close by too. Sevilla Andalusia’s capital is alive with culture and nightlife and boasts some of the most impressive monuments in Spain. A maze of alleys, cobbled streets and pretty squares are the legacy of this great city’s Moorish past. It’s the place to witness passionate flamenco dancing, as well as the spectacular festival of Semana Santa. Torremolinos It’s no surprise that Torremolinos remains one of Spain’s top holiday destinations. The resort offers some of the best nightlife and entertainment on the coast, as well as palm-lined boulevards, attractive pedestrianised areas and an elegant sea-front promenade. While La Carihuela district still retains much of its fishing village character.
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Relax On Spain's Beautiful Costa Blanca By Rob Carlton On January 20, 2007.
Alicante, Spain is situated in the eastern part of Spain along its beautiful coast, surrounded by mountains to the north and west, the Mediterranean Sea to the east, Valencia to the north and Murica to the south. Approximately six million people visit Spain’s coast, or Costa Blanca, each summer. The beautiful beaches, blue water and great weather along this “white coast” have turned Alicante into one of the most popular vacation areas on the coast. It is the second largest city in the Valencia area and has become known as the best all around city in Spain. Popular destinations in the area include Alicante itself, Torrevieja and Benidorm and most travelers to the area arrive through the Alicante airport. Upon arrival in Alicante, you will quickly find out why this region is such a popular destination. The beaches are the biggest attraction during the summer season and, fortunately, the coastal region has the longest summers in Spain.
The best way to explore the area is by the beachfront walkway. You can stroll along the beach while enjoying the shade provided by palm trees, or rest at a café for lunch or a refreshing beverage. You will also find many shops and crafts along the boardwalk comprised of craftspeople from all over the world. Of course, you can simply relax in the sun on the beautiful coastal beaches enjoying the refreshing water and beautiful surroundings of the Mediterranean Sea. If you intend for your vacation to include golf, you are in luck. There are several golf courses in the area, both in Alicante and in surrounding neighborhoods. The green fees vary based on the course and time of year but range from thirty-five to eighty Euros.
Due to the high tourist population in the summer season, be sure to make an early reservation as some courses fill up quickly during this time of the year. If not enjoying the beach front or golfing facilities, there is always plenty of sight seeing to be done in Alicante. The Cathedral of San Nicholas de Bari, home to the local Bishop, and the Castle of Santa Barbara are two of the most popular landmarks in the area. The Castle of Santa Barbara is one of the largest medieval castles in Europe with its original structure built by the Moors the ninth century. It holds a large collection of Spanish sculpture which can be seen during a visit to the castle and also overlooks the town offering a beautiful view of the area. Finally, Alicante also offers entertainment for those seeking to enjoy the local night life. A visit to Barrio Santa Cruz in the older quarter of the city would be a great place to start. Whether you prefer a pub or a club with great music, you will find it in the part of the city. It has a great medieval feeling, great music and great fun.
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So you have now made the decision to buy a property in Spain, whether as permanent residence or as a holiday home. You will find below a number of points that you will need to consider and think about prior to buying a property in Spain by Allison Thompson, now lives in Spain and has 15 years experience in the property field.
Firstly, I would suggest that you go on to the internet and see what the various agents advertising property for sale in Spain have to offer. You will find that many of these companies are run by people who are already living in Spain and will know the many problems and pitfalls that arise when buying a property in Spain.
The next point you will need to consider is where you want to live? Are you someone who prefers to be in the heart of things, say living in a town (urbanization), or are you someone who would prefer privacy and tranquility, therefore you may decide to buy a property in the country (campo) you may even wish to look at property in the mountains, or by the lakes or on the Coast. If you decide that you want everything close at hand to you, then it may best be if you look at properties in a Town or on the Coast especially if you require medical facilities close at hand.
You next step should be what sort of property you would like to purchase? Do you want to buy an apartment, townhouse, villa, finca (country house with land) or a property that needs some work doing to it. However, what you must remember is your budget (how much you are willing to spend on the property of your dreams in Spain).
You have now made the decision on where you want to live and what sort of property you want to buy. So now you need to start contacting the agents, both those on the internet and those who are located in the town close to where you wish to live. These people will not only provide you with the details of properties they feel would be of interest to you, but they should be able to help you with arranging contact with solicitors, banks (if you may need a mortgage to purchase the property), schools, and medical facilities in that area.
Please note that if you should need to arrange a loan with a Spanish bank you will need to hold an account with them prior to the purchase of the property.
Another important piece of documentation that you will require to enable you to purchase a property in Spain is your NIE number (similar to UK National Insurance Number). To obtain one of these you will need to arrange a visit to the local police in the nearest town to where you are purchasing your property (such as Malaga, Marbella, Seville etc). However, if you are not able to do this in person, a solicitor in Spain can arrange this for you (but you will be charged for this approximately €50), but doing it yourself will cost nothing. It should however be noted that it can take between 1 to 6 weeks before you receive this number.
Now you have found the property of your dreams and want to purchase it, here are somethings you need to take into consideration:-
1. Ask the agent who is selling the property if the person/owner of the property you wish to purchase has the right to sell it and if so can they produce the papers (escretera) confirming this. If you find that no such document is available, then ask if they will be drawn up before the sale. Should you be informed that this will not happen then do not proceed with the sale.
2. Next ask the agent to confirm that the property being sold has been provided with all the correct planning permissions by the Local Town Hall. If these cannot be provided then it may be worth contacting the Town Hall direct to see if they can confirm that the property has been built legally and if they cannot then I would consider very seriously not proceeding with the purchase. At present the Government in Spain is now starting to enforce the laws regarding illegal builds and this has sometimes resulted in properties being demolished and large fines incurred by the developers.
However, please note, that this sort of problem is only a minor one, and as long as you find yourself a reputable agent to help you in your task of finding the property of your dreams then these above problems should be of no consequence to you.
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Buying Property in Spain Things to Consider by Allison Thompson, now lives in Spain and has 15 years experience in the property field.
So you have now made the decision to buy a property in Spain, whether as a permanent residence or as a holiday home. You will find below a number of points that you will need to consider and think about prior to buying a property in Spain.
Firstly, I would suggest that you go on to the internet and see what the various agents advertising property for sale in Spain have to offer. You will find that many of these companies are run by people who are already living in Spain and will know the many problems and pitfalls that arise when buying a property in Spain.
The next point you will need to consider is where you want to live? Are you someone who prefers to be in the heart of things, say living in a town (urbanization), or are you someone who would prefer privacy and tranquility, therefore you may decide to buy a property in the country (campo) you may even wish to look at property in the mountains, or by the lakes or on the Coast. If you decide that you want everything close at hand to you, then it may best be if you look at properties in a Town or on the Coast especially if you require medical facilities close at hand.
You next step should be what sort of property you would like to purchase? Do you want to buy an apartment, townhouse, villa, finca (country house with land) or a property that needs some work doing to it. However, what you must remember is your budget (how much you are willing to spend on the property of your dreams in Spain).
You have now made the decision on where you want to live and what sort of property you want to buy. So now you need to start contacting the agents, both those on the internet and those who are located in the town close to where you wish to live. These people will not only provide you with the details of properties they feel would be of interest to you, but they should be able to help you with arranging contact with solicitors, banks (if you may need a mortgage to purchase the property), schools, and medical facilities in that area.
Please note that if you should need to arrange a loan with a Spanish bank you will need to hold an account with them prior to the purchase of the property.
Another important piece of documentation that you will require to enable you to purchase a property in Spain is your NIE number (similar to UK National Insurance Number). To obtain one of these you will need to arrange a visit to the local police in the nearest town to where you are purchasing your property (such as Malaga, Marbella, Seville etc). However, if you are not able to do this in person, a solicitor in Spain can arrange this for you (but you will be charged for this approximately €50), but doing it yourself will cost nothing. It should however be noted that it can take between 1 to 6 weeks before you receive this number.
Now you have found the property of your dreams and want to purchase it, here are somethings you need to take into consideration:-
1. Ask the agent who is selling the property if the person/owner of the property you wish to purchase has the right to sell it and if so can they produce the papers (escretera) confirming this. If you find that no such document is available, then ask if they will be drawn up before the sale. Should you be informed that this will not happen then do not proceed with the sale. 2. Next ask the agent to confirm that the property being sold has been provided with all the correct planning permissions by the Local Town Hall. If these cannot be provided then it may be worth contacting the Town Hall direct to see if they can confirm that the property has been built legally and if they cannot then I would consider very seriously not proceeding with the purchase. At present the Government in Spain is now starting to enforce the laws regarding illegal builds and this has sometimes resulted in properties being demolished and large fines incurred by the developers.
However, please note, that this sort of problem is only a minor one, and as long as you find yourself a reputable agent to help you in your task of finding the property of your dreams then these above problems should be of no consequence to you.
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Property Abroad - what's in it for me? By Les Calvert On February 16, 2007
Mmmmmm well with a question like that I was more than willing to blurt out my entire 20 years knowledge of the overseas property market in one breath - but alas my lungs failed me. The property market here in the UK as everyone knows has been spiralling out of control over the past 3-5 years and many first time buyers are finding it increasingly difficult to get a foot hold on the market. Many buyers have been reduced to sharing with friends in order to even buy a property whilst others remain at home with good old mam and dad. So then - the overseas property market - what's in it for me question. Well once we've taken care of the obvious questions like: What can you afford? Are you looking for long or short term investment? Are you considering using the property abroad for your own benefit? Have you considered buy to let, guaranteed rental or leaseback schemes? What level of deposit do you have? and many others we can get down to the nitty gritty of whats really out there for the young property buyer. What can you afford?
Buying a property overseas can often work out costing more in fees than here in the UK with average costing coming in between 10-12% of the purchase price. This will include things like notaries, solicitors, land registry fees, taxes etc - so be prepared. Depending on where you are thinking of buying can determine whether or not you can get a mortgage. You need to consider the mortgage rates, the likes of Spain has a low interest rate compared to England yet Cyprus is running ahead of the UK interest rates at about 6.2% so it pays to consider this especially when you are looking at a long term loan. Are you looking for long or short term investment? Are you hoping to jump in and back out fairly quickly to create a profit that you can then sink into a UK property or are you interested in long term investment? Consider the benefits and pitfalls of both. If you pull out on a short term investment and then the overseas market erupts you'll be kicking yourself. Then again if the UK market rises in toll with the overseas (not impossible so bare it in mind) you may be still as far away as when you started. Are you considering using the property abroad for your own benefit?
If you are wanting to use the property for your own benefit as well as investment purposes then you need to take into account things like: How easy is it for you to get to your property (cheap flights etc)? Will you be using the property during peak months which could potentially cost you money? Have you considered buy to let, guaranteed rental or leaseback schemes? There are many schemes out there to help improve your investment like buy to let, guaranteed rental and leaseback all of which offer some piece of mind when buying property for investment purposes.
Buy to let - this is where a buyer buys a property with the intention of letting it out on a commercial basis. There are usually mortgages specific to this type of purchase known as Buy to Let mortgages. Guaranteed Rental - is normally defined as a specified rental amount guaranteed for a particular period of time on a particular property or development. This is normally guaranteed by the developer. One thing to consider is where the guaranteed rental is coming from. Is it actual rentals ie someone living in your property or an overpriced property that has the rental amounts built into your price?
Leaseback Property - a popular way of renting your property out especially in France where it has been popular for over 40 years. Basically you buy a property (if brand new you can claim the vat back) and lease it back to a property management company who guarantee to give you a % return on your property for periods of upto 15 years. Typical yields can be anything upto 6.5% and more.
What level of deposit do you have? The level of deposit you have can have a great impact on what mortgage facilities are available to you as well as any additional discounts etc. Obviously the more deposit that you have available means that you will be in a better position to take advantages of such incentives if they are on offer.
Once we have taken care of the above then its more or less down to where you are wanting to buy a property or home abroad. With over 50,000 properties for sale on our website in more than 46 countries abroad we are well placed to offer new and old buyers the best choice of overseas property for sale on the internet. Wherever you are thinking of buying a property overseas whether it be the UK, Europe or indeed anywhere in the world you need to visit our website and see for yourself the sheer amount of information and guides that we have available for the overseas property buyers.
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How to buy property in Spain By Daniella Fagan On January 11, 2007.
The thriving Costa Blanca real estate market means your property choices are excellent too - from new resort developments to luxury villas, townhouses to traditional fincas. If you’re looking to buy property in Spain, the Costa Blanca is a fantastic choice and expert Viva Estatescan help you find the right one for you.
Miles of white sandy beaches, lively resorts, and a thriving expatriate community - Costa Blanca is a fantastic proposition for foreigners buying properties in Spain.
The Costa Blanca, or the White Coast, takes its name from the magnificent beaches that edge its 200km Mediterranean coastline. The region is part of the province of Alicante and this, along with Benidorm, is its principal town. The area is well-loved by holidaymakers and home to many of the expats who come to Spain every year seeking a Mediterranean lifestyle and year-round sun. If you’re looking to buy property in Spain, the Costa Blanca is a fantastic choice and expert Spanish Estate Agents can help you find the right one for you.
There’s something for everyone here. Costa Blanca is not only a heaven for holidaymakers seeking sun, sea and quality beaches, it’s a haven for wildlife too. The region has an impressive eleven natural parks, ranging from spectacular mountainous terrain to unspoilt coastal wetlands to marine reserves. In short, the Costa Blanca is a nature lover’s paradise.
For shopping, nightlife and amenities the coastal towns of Alicante and Benidorm offer everything you could need, while Valencia, Spain’s third largest city, is just an hour and a half’s drive north of Alicante. Elsewhere in the region, between the beautiful beaches, jutting headlands and intimate rocky coves, you’ll find lively smaller towns and sleepy fishing villages.
The thriving Costa Blanca real estate market means your property choices are excellent too - from new resort developments to luxury villas, townhouses to traditional fincas. Here are just a few popular and lesser-known locations for Costa Blanca property buyers to consider.
Costa Blanca Locations:
Alicante Cosmopolitan Alicante is one of the leading Mediterranean cities and offers an enviable choice of lifestyles to its residents. You’ll find designer boutiques, stylish restaurants and great bars, as well as a young and trendy vibe, thanks to the town’s university. Water sports are popular and well-served, while the old town offers numerous cultural delights. Benidorm Costa Blanca’s other main town was originally a fishing village and retains much of its traditional charm. Today, it enjoys year-round popularity as a leading holiday resort, with a thriving expat community drawn by its famously crescent-shaped beaches and excellent shopping and nightlife. Benissa Benissa has much to offer the Spanish property buyer, not least its established expat community. The area is surrounded by fabulous beaches, dramatic mountains and verdant countryside, while the town has many notable historic sites, including handsome 17th and 18th century townhouses and pretty narrow streets. Finestrat A town with a unique character, Finestrat is said to represent both sea and mountain and has dual economies too. Agriculture and tourism work side-by-side here, which helps to retain the town’s the traditional Mediterranean feel, while offering excellent facilities for visitors and expats alike. Denia If you’re looking for a modern, coastal town, with sandy beaches and a wealth of things to do, Denia is ideal. Enclosed by ancient city walls, the historic centre boasts a castle and a 17th century shipyard, while the thriving port area, with its yacht club and brightly painted restaurants, is a great place to hang out - or catch a ferry to the neighbouring Balearics. Moraira Michelin-starred restaurants, a superb marina, and excellent Blue Flag beaches may explain why Moraira has come to be known as a millionaires’ playground. The harbourside bars ooze Mediterranean charm, while a unique micro-climate ensures cool breezes in summer and average winter temperatures of a balmy 64şF. Pego With its pretty church square and houses that have been built into the original town walls, Pego has retained much of its medieval heritage. Nightlife is centred around the square, with restaurants and bars serving excellent seafood and tapas, including paellas made with rice picked from local paddy fields.
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How to Buy a Holiday Home Abroad By Rhiannon Williamson On February 16, 2006. The thought of owning a second home in the sun or a ski lodge or mountain retreat where we can escape whenever the mood takes us is of course a commonly held dream.
And with the simplification of re-mortgaging facilities, the affordability of home loans and the growth in underlying equity many of us have enjoyed on our principal residences, there couldnâ€t be a better time to turn that dream into a reality than today.
Here’s how to buy a holiday home abroad and avoid all the common traps and pitfalls that people can fall foul of:
First things first you need to decide whether it make sense for you to release the equity that has built up in your principal residence to buy a property overseas, to raise a mortgage on the overseas property or to pay for it in cash.
Unfortunately there is no straight answer to this dilemma! The answer will lie somewhere among your own personal circumstances, your ability to afford an extension on your home loan or an overseas mortgage, the country in which youâ€re buying abroad and whether or not it offers good investment potential. However, there are two simple facts that the majority of financial advisers and mortgage lenders agree upon and these may help you make your decision:
1) taking the money that has built up in equity on one property and using it to buy another property is probably the most sensible thing to do when releasing equity 2) over the medium to long term real estate as an equity class is one of the most consistent returning investment mechanisms.
The next issue relates to which country you should buy your holiday home in. You may have a very positive idea of which country you would most like to spend your holiday time in – if you have a country in mind itâ€s probably a country you know well and have had enjoyable times in before.
If on the other hand youâ€re unsure and are looking abroad for a holiday home as an investment property in an emerging market or a market with strong room for growth, you should draw yourself a shortlist based upon what youâ€re looking for in a holiday home – i.e., if you want a European beach house with 300 days sunshine a year youâ€re more likely to look at the Mediterranean region rather than the Ukraine or the UK!
Whichever country youâ€re considering, do research into the laws relating to foreign freehold ownership of real estate in that country and on the projected prospects for the property sector over the medium term – all this sort of information is available on the internet.
Once you have a country in mind you need to set yourself a realistic budget – realistic in that it is an amount you can afford and also that it is an amount that will buy you a quality property abroad. Going back to the Mediterranean region in Europe for a moment, those with a large budget could acquire a decent property on the Spanish coast, those with a small budget could only acquire substandard or renovation property on the Spanish coast but could purchase something far more substantial in the interior of Spain. Think about the amount you can afford and then look at the country youâ€re interested in – where will you get the most for your money?
Always employ independent legal representation to assist you in any transactions you enter into abroad. You may not fully understand the language or legal system of the country youâ€re buying your holiday home in so you need a lawyer who does! Furthermore you need a lawyer who is working solely for you and not representing your interests together with those of the vendor or property constructor as well!
Get any contracts or papers you sign officially translated into English before signing, have any promises made or deals verbally brokered written into the contract, make a will that includes your new property purchase and donâ€t rush into a decision because pressure is being put upon you or because your time abroad to organise everything is short. The world will not run out of holiday homes for sale in our lifetime. If you keep your wits about you and remember the golden rule – i.e., if something seems too good to be true it probably is – youâ€ll be just fine!
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More Good Reasons for Property Investment in Spain By William O'Donohue On February 22, 2007.
Spain is a contributing member of the European Union and it has adopted the Euro. It has improved its road network beyond appreciation. In addition, the health department is working well to sustain standard public health, and health related services are cheap but world-class. You can easily live a healthy, sunny and beautiful life more cheaply than the other European countries.
Now there are more good reasons to buy property in Spain - The Capital Gains Tax has dropped from 35% on the net gain to 18% for foreign property buyers.
This means that your payable tax is now as low as a Spanish Citizen.
To add to this, withholding tax is also lowered from 5% to 3% for you as a property buyer. Whatever the reason be for this reduction (EU pressure or others) you are now left with no second thoughts for buying property in Spain.
Spain is a contributing member of the European Union and it has adopted the Euro. It has improved its road network beyond appreciation. In addition, the health department is working well to sustain standard public health, and health related services are cheap but world-class. You can easily live a healthy, sunny and beautiful life more cheaply than the other European countries.
And now the changes in Tax rules and regulations, has made this beautiful country a premier choice of European people looking for property investment in Spain.
This has made real estate market experts in Spain optimistic for the near future, where the country is going to observe a steady growth in the market after last year's minor set back. A research conducted by The Royal Institute of Chartered Surveyors has found that the real estate market had been very competitive in 2006 but Spain has shown a steady growth with an overall 11% price rise. If this trend continues, as all estimations are predicting, Spanish property market is going to see a huge lift in the market price by this year.
Real estate market experts in Spain think that "the change will mark a paradigm shift" and will uphold nation's "sense of equality for overseas investors".
They also believe that the positive steps taken by the Spanish Government to tackle real estate crimes will prove beneficial for renewed faith among investors in near future.
The trend in the real estate market is indicating that the investors are looking for villas and townhouses for sale in Spain rather than going for regular apartments. It also shows that, luxury and holiday villas in Spain are gaining more priority than others for investment property in Spain. However, professionals always recommend you to take an inspection trip and do proper investigation from reliable sources before investing in Spanish Properties.
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For lifestyle or money? By Jim Barnaby On December 10, 2007
There area many reasons why people buy property abroad. Some are after a buy-to-let rental income in the long-term. Some want to buy and then sell at a profit in a growing market. Some look for a place to call their second home and those emigrating one to call their first.
When it comes to choosing where to buy, these considerations are critical to the final decision, according to property company Property Frontiers.
A spokesperson said the situation emerging at present was the same in many countries, with two words - credit and crunch - on everybody's lips.
She said: "The credit crunch of course has dinted confidence the world over and unsurprisingly markets have slowed."
This, however, would not stop some people buying purely because of attractions which went beyond the potential appreciation in value of a property. "We expect that those seeking pure intelligent investment will continue to buy in emerging markets where entry costs are lower and prospects still good," the spokesperson emphasised, but added "those looking to buy purely for lifestyle will almost certainly still look to Spain".
Spain, she said, would always do well because of its "endless appeal to tourists and retirees alike", listing attributes such as climate and beaches, countryside, food and wine, culture and people as factors that would always keep this market strong.
Thus Spain enjoys advantages which keep it in a position of strength that will help it as long as the credit crunch lasts. But of course, there are emerging markets out there for the purest investors, such as Cape Verde, Cyprus and India.
She said: "Those interested solely in investment however would be advised to look to less established markets to maximise their returns on capital invested."
Cyprus is certainly one possible home for such an investment. The Financial Mirror reported today that property deals in the country had increased by 42 per cent this year on 2006, which in turn had been 73 per cent up on 2005. The paper did add that many of these sales were being pushed through before new VAT rules came in and the banks tightened their credit strategies, but set against that is the fact that on January 1st 2008 Cyprus will adopt the euro, which may make it even more attractive to investors because of the expected economic stability that being part of the wider European Union monetary system will bring.
Thus for both those who want to buy for investment and those who want to buy for lifestyle, the prospects are out there.
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Visiting Alicante's Neighboring Torrevieja By Johnathan Bakers On February 27, 2007.
Hey is travelling to Alicante on your list of things to do? Then you can really anticipate a wonderful travel experience, where you’ll be able to spend time in a magnificent destination with enough for people of every age to enjoy. One of the most popular cities on the Costa Blanca, you’ll never be at a loss of things to do or see when you come to Alicante, plus you’ll find everything from nightlife and family fun to a vast array of recreational opportunities and incredible weather as well. As you arrive at the Alicante Airport you’ll find yourself in a refuge where you can spend your days listlessly taking in the sun, and relaxing your days away while participating in a game of golf, or taking in the local attractions, sights and nightlife. Renting a car or hiring a car service is very affordable in the area; therefore if you want to travel a little further away then you can take pleasure in exploring other places and towns in the surrounding area.
You’ll also be able to easily visit other wonderful towns that are easy to reach from the airport You’ll also find a variety of other superb places that you can visit easily once you get to the airport, and these include Benidorm and Torrevieja. If you’re looking to have the benefit of the experience from traveling to Alicante, however you’re short on cash, the good news is that you can get some great flight deals nowadays, which may save you a small fortune on your trip. Finding an apt hotel or vacation property in this area should be no problem, considering that you can select from a choice of accommodations based on your budget. Try going online to get some superior deals on the expenses of your accommodations and flights, plus you can look forward to saving money on the cost of your travels to Alicante and enjoy extra spending money as an added bonus. Many people enjoy this city so much that they opt to purchase a vacation home or property in the area, which can prove very profitable. You can get some great deals on buying vacation homes in the area, and when you staying in the home yourself, you can rent it out to others if you wish, as this is a hugely popular resort and therefore shouldn’t give you any shortage of people wanting to rent.
This means that not only do you get to enjoy spending time in Alicante whenever you like at your own property, but you’ll also enjoy making a cash profit from renting it out when you’re not using it. Whether you are just visiting Alicante for a short relaxing visit, or if you plan to do a little property hunting in this charming city, you can be certain that you’ll find plenty to keep you busy and entertained throughout your stay here. Plus, as an added benefit you’ll enjoy spending time in a wonderfully exciting destination in one of the most popular and electrifying areas of Spain.
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Alicante Is More Than Merely A Runway By Mr Hanna On February 10, 2006.
Alicante is perhaps best known as the gateway to the Costa Blanca, famed more for its airport than for the tourist trapping provided by more familiar neighbours, Benidorm and Denia. Most visitors to Alicante use the town as an arrival and departure point, not stopping long enough to see what the area has to offer. But whilst the bright lights of the aforementioned neighbours beckon for most, Alicante is beginning to garner a reputation for having more to offer than the biggest airport for charter flights in Spain.
Alicante offers a more subtle break in the Costa Blanca. The beaches and coastal attractions remains constant in the region, but the area is slightly more laid back than its†noisy neighbour. Alicante has moved upmarket in recent years with a multitude of exclusive restaurants and bars popping up around the marina and commercial port area. The boulevard meanders pleasantly past the marina and beachfront area which merges into the charming Old Quarter.
From a pleasant base in Alicante, Costa Blanca offers much to the more discerning tourist. The church at Altea is renowned and presents one of the most enduring and symbolic sights in the Costa Blanca. The regions old towns are typically a mix of traditional Christian and Moorish architecture with narrow, cobbled streets and plazas offering a pleasant atmosphere to while away the hours.
Further South lies Murcia and to the North is Valencia, a thriving modern city which has benefited from regeneration in recent years. Valencia is a cosmopolitan city which juxtaposes the traditional and modern features of Spain in miniature form.
Alicante provides the ideal base for exploration of the region. The town offers a fine tourism infrastructure itself but the best way to explore the Costa Blanca is by self drive. There are several options for those willing to travel out with Alicante to discover the Costa Blanca on their own terms. The reliable train service meanders up and down the coast, taking in Altea and Denia as well as the bright lights of Benidorm. For a more authentic experience, hire cars are readily available (http://www.easycar.com/aspx/car-hire/location/Alicante.aspx/EN ).
Driving in the region has much to offer with pleasant coastal roads allowing you to explore on your own terms. The roads are generally safe, but some of the more mountainous areas should be traversed with some additional caution.
When you have clocked up the miles and soaked in all that the region has to offer, Alicante provides a relaxed and pleasant base to unwind in. Unless you fancy a night on the town amid the bright lights of Benidorm, that is.
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Why Spain is the Perfect Country for Golf By Authors On February 20, 2007.
If golf is a passion of yours, perhaps Golf property Costa Blanca style is exactly what you need to scratch that itch. Maybe the wife would rather relax in the sun or by the pool however, well there are numerous places in Costablanca, Spain where you can both have what you desire from your vacations. This area of Spain puts you within minutes of several picturesque courses, and the closeness lets you enjoy some time on the course as well as by the pool or beach.
There are some top four-star golf courses along the Costa Blanca. With each you will find lavish accommodations, perfectly kept greens and often, superior golf instruction.
A taste of some of the best properties within 50 km of the Alicante and Murcia airports include: Campoamor Golf, Alicante Golf, Don Cayo Golf, Alenda Golf, and El Plantio Golf,. These courses are not only considered first class, but also offer bargain greens fees for guests staying at the close by resorts, such as the Campoamor Golf Hotel.
If a golf vacation isn't enough, you can buy a golf property that will give you the option of popping in and finishing a round anytime the urge to travel to Costablanca hits you. You can buy a penthouse and high-end apartment property that is merely steps from the golf courses. On the off-season, not that there's much of one in Costa Blanca, you'll find the perfect opportunity to rent out your property for a little investment income. You can also buy yourself a time-share and choose the dates you want to vacation.
There are new projects from some of Spain's top developers close to the Puerto Banus, Atalaya, San Pedro, and Alcantara golf courses. These new developments and others like them have what is known as a golf share. The site of the development along the golf course and near others in the area takes into account residency and offers membership shares in the courses themselves.
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