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Posts tagged Buying property in Spain
Who Is Buying Property in Spain at the Moment?
Jan 17th
Posted by Houses For Sale In Spain in Houses for sale in Spain
I just thought you might like to know who is buying property in Spain at the moment. The reason I wanted to do this is that I placed a comment in an article on the Daily Telegraph about Ireland. Everyone started having a downer on Spain and the other, so called PIIGS, so I thought I would defend the country a little by stating facts rather than opinions from internet warriors probably still living in their mum's houses. ;-)
The Law Of The Stupid. NIE Numbers in Spain
Jan 13th
There are a lot of unsold houses for sale in Spain. You would think that the government would be trying to encourage sales to foreigners in every way they can in order to buy this surplus and maintain investment in Spain at higher levels than would otherwise be the case.
You would be wrong.
Spain has just introduced a change to the way that people apply for and get the NIE tax numbers which directly affects all foreigners coming into the country, wanting to invest here in the majority of cases.
What About the Pound Versus The Euro?
Jan 7th
If you are living in the UK and earning pounds now is the best time to buy in Spain since October 2008. It was then that the UK government at the time effectively devalued the currency and overnight (Well in a period of a month) the pound went from €1.50 to €1.06. This made property in Spain immediately more expensive at a time when prices were still really high having reached their peak in 2007.
Buying Property in Spain – A Real Case Study
Oct 4th
Posted by Houses For Sale In Spain in Bank repos in Spain
I have just been reading an extraordinary story. The only strange thing for me though is it puts figures to something that I already knew, ie in the vast majority of cases you should not buy property from banks.
Here is the question.
Two similar flats in the same block, same size and everything. One is available for sale for 110k and the other for 160k. One has just sold. Which one and why?
To Buy A House in Spain or a View in Spain? That is the Question
Sep 19th
Posted by Houses For Sale In Spain in Buy a House in Spain
Is it possible to buy a view rather than a house. Today I was at a house in Calicanto that we have for sale and the house is absolutely fantastic in one sense but I suspect anyone who buys it will be buying the view. The house itself needs work but if you are ever washing the dishes in the kitchen you will have the most fantastic view.
Buying Spanish Property – The Top 5 Crucial Mistakes People Make
Jul 26th
When you are thinking of buying Spanish property there are lots of considerations. The main ones should be location, price and quality of course but even after considering these top three considerations you still need to avoid making the basic mistakes that anyone can make if they are not advised correctly.
Buying Spanish Property – The Top 5 Crucial Mistakes People Make
Jul 26th
Posted by Houses For Sale In Spain in Houses for sale in Spain
When you are thinking of buying Spanish property there are lots of considerations. The main ones should be location, price and quality of course but even after considering these top three considerations you still need to avoid making the basic mistakes that anyone can make if they are not advised correctly.
But What About The Resale Value?
Jul 15th
Posted by Houses For Sale In Spain in Attic flats in Spain
If the first thing you are doing when buying a property for sale in Spain is thinking about the possible resale value then you are approaching buying property in the wrong way. Currently there is little value in the market for flippers of property because of the costs of purchase in Spanish property.
When you make your decision to buy a property you will be paying 7% tax plus commissions and costs so you have to make sure you get it right. It is because of this that we at Valencia Property do everything we can to make sure that you make the right choice by giving you the fullest information possible.
Which Property Would I Buy?
Jun 23rd
Posted by Houses For Sale In Spain in Houses for sale in Spain
I was asked the question which of the properties on the site would you buy if you were moving at the moment? For me there is no competition and I will tell you where and why in a moment but first let's look at why people buy property.
Everyone has a different motivation for buying a property in Spain or anywhere else for that matter. Mine are as follows. I have three kids one of whom is away at University but the other two are small and want outside space if at all possible. I need 4 bedrooms therefore but also I need an office space, living room and decent sized kitchen because I spend a lot of time there. I am not too bothered about off road parking and I would prefer to have outside space and a pool but without the hassles of looking after it.
My Thoughts On The Spanish Property Roadshow
May 7th
Posted by Houses For Sale In Spain in Houses for sale in Spain
Spain is trying to ofload the estimated 700,000 empty, completed properties, mostly on the coast, by taking a roadshow around Europe starting this week in the UK. They are trumpeting the price falls which seems a strange way to promote it.