Spanish property options

Spanish property investments

2007-09-26T00:49:00.000+01:00

Costa Blanca, Costa Almeria, Costa Calida, in fact wherever you look on the Spanish Costas Property prices are still rising. From an investment point of view that’s a good thing however, if it’s an affordable Spanish property to use as a home from home in Spain you are looking for the news is not that good, or is it?

Property prices in the UK are slowing down and it would appear that most of the money to be made from investing in property there has already been made. Okay there are examples which defy the trend and people still turn up the odd diamond, but on the whole investment in UK property should now be looked at in the long term, rather than the short or even medium term. Spanish property investment however, is still turning up diamond studded property bargains.

Spain should not be overlooked when comparing investment property for sale outside of the UK. Countries such as Bulgaria have been getting good press of late for property bargains, but as in all things and particularly when you are looking to invest in property, you should take the time to look at all aspects of that investment.

Property investment for most of us has become a reality, thanks in part to the ministrations of the Thatcher government and their policies towards property ownership.

Whether it has been for a property to use as a home, or another income stream through buy to rent schemes, millions have invested in property. Now the UK slow down has tempted people to look offshore for investment opportunities.

Property in Spain and other places such as Bulgaria has since then become the focus of people looking to invest money. It has long been said that you can’t loose by investing in bricks and mortar, but as many people found out to their cost in the late 80’s, property investment can go down as well as up. Investing in Bulgaria is becoming attractive, but be careful look at it from both sides.

If you intend to invest in property to provide an income through rentals, will Bulgaria do it for you? The short answer is probably not, the short answer to why not is again fairly easy. How many people do you know would go to Bulgaria for a holiday? The answer to that is, not nearly as many as will jet off to the Spanish Costa’s at every opportunity.

Investing in Spain will immediately become more attractive, because while properties are more expensive, by the same token a similar property will generate more income because the rents are proportionally higher. The better choice for investment property will therefore still remain in Spain.

Property to be purchased as a home will obviously be bought with a different set of values in mind. Here again thought Spain in general and the Costa Blanca in particular will triumph. Why the Costa Blanca? The short answer is, property prices compared to the Costa del Sol are very favourable on the Costa Blanca.

Why the Costa Blanca and not Bulgaria? Due to the high density of UK expats living in the Costa Blanca there is more work, more Spanish speak English so the language is not a major obstacle. The other overriding reason for choosing Spain is that Bulgaria is not in the European Union, which in itself can present major problems concerning property ownership.

Property investment and ownership in Spain is still a good bet and for more information on all things investment and property related, contact Diamond Properties on the Costa Blanca: http://www.diamondproperties-spain.com

Diamond Properties have links with major Spanish banks, investment consultants and many other institutions and the information and help they offer is reliable and of the highest quality.

Thomas James is a freelance writer and has written many articles on the subject of Spanish property investment. He can be contacted at tom@europennewmedia.com and his website is located at http://www.europeannewmedia.com

Article Source: http://EzineArticles.com/?expert=Thomas_James

Why calahonda in southern spain?

2007-09-24T19:03:00.000+01:00

Sitio de Calahonda is the largest property development you will find between Marbella and Fuengirola, the town is rustic in style with limited high rise buildings and lots of green areas. In fact, this neighbourhood has grown so successfully that it could qualify as a town. However, residents have been attempting for many years to separate Calahonda from Mijas to no avail, they still have to pay their taxes to Mijas townhall.

While the vast majority of Calahonda's 600,000 square metres is devoted to villas, townhouses and space for ten golf courses (one with a 10KM radius), selected areas have been dedicated to providing residents with every amenity imaginable. There are three main commercial centres with shops, 45 restaurants, bars, 7 banks and three 24 hour medical centres, amongst a wide variety of other businesses including: hardware, furniture, garden supply, travel agencies, car hire, car repair, property management and much more, there are tennis courts, a fitness centre, a marina (Cabopino) and a range of water sports.

Health care needs are provided for by a chemist and three medical centres, offering 24 hour service. Furthermore, the state-funded Hospital Costa del Sol is well known as the Coast's state-of-the-art medical facility and is just minutes from Calahonda.

There is a nursery schools in Calahonda and private primary and secondary schools are located nearby. One of the best known international schools on the coast, the English International School (EIC), is approximately 5 to 10 minutes drive from the urbanisation. Those interested in high quality Spanish schooling for their children can enrol girls in Las Chapas and boys in Ecos, private Catholic schools run by the Grupo Atendis, which are located just off the N-340 on the way to Marbella. State-funded schooling is available in La Cala de Mijas, where schools provide free bus service to students coming from Calahonda.

Climate

The Costa del Sol has the best climate in the whole of Europe, with an incredible 325 days of sunshine each year, which is called their micro climate. It is not unusual to be sitting in glorious sunshine in the winter months, while the rest of Europe shivers under a cloud of rain. Just imagine relaxing on your own private terrace or next to your swimming pool with a sangria in your hand, your friends nearby and your partner or children all having the time of their lives...

Buying Calahonda also makes good business sense. A sunny climate means that investing in property on the Costa del Sol will always be a good financial proposition.

Spanish Lifestyle

The activities available on the Costa del Sol are overwhelming. Boasting some of the cleanest stretches of coast anywhere in Europe encourages an excellent beach life and is a big draw for many people on the Costa del Sol, some beaches have been awarded the European Blue Flag of merit. The Costa del Sol also promotes great gastronomic delights with many beach restaurants, bars and clubs for those of you who like to party into the night.

For those who like to delve into more sporting activities there's waterskiing, yacht trips, adventure parks, tennis, quad-biking and even skiing (crazy but true, skiing is just a two hour drive away in the Sierra Nevada mountains). And last but not least.....Golf. It's no co-incidence that the Costa del Sol is also known as the Costa del Golf, with some of the world's premier championships having being held here over the years, including the 1997 Ryder Cup, the World Golf Championships in 2000, and the Volvo Masters in 2005.

Those of you who enjoy a shopping trip or simply window shopping then you will be very satisfied on the Costa del Sol, the choice of hyoer markets, cobbled streets and designer boutiques is extensive. The Costa del Sol also has several cinema complexes showing English films with subtitles in Spanish, ten-pin bowling, aqua parks, a modern efficient health service, and top quality international schools.

In summary, the Costa del Sol is for people who like the finer things in life and who enjoy the best that life can offer. Or, if you are the quiet type, you can just ignore all that, sit back, relax and take in the peace and quiet surrounded by nature. The Costa del Sol has numerous protected wildlife parks and natural parks that are to be enjoyed and display the true inland Andalucia.

Commuting

Flying to southern Spain is now easier than ever, there are several low-cost airlines that fly from all major UK airports and northern Europe competing for business to Malaga International Airport. The airport is currently under major construction to accommodate more people coming into the country, the new motorway toll road (E15) has been upgraded and now provides a fast efficient connection to any area along the coast. There is also a new development of a new high speed rail link between Malaga and Madrid. Spain has caught up with the rapid growth of internet and is now providing more high speed internet lines and cheap telephone rates - all these reasons make Spain a very good access point for the whole of Europe.

Where to eat & drink in Calahonda

Highlander Bar
Little Italy
Charley's Bar
La Luna de Calahonda
Restaurante Royal Beach
Bar Bananas
Doña Lola Club
Chiringuito La Lucera
Merendero el Juncal
David's Bar
Merendero la Familia
Merendero el Bombo
Chiringuito Los Moreno
Restaurante Arroyo
The Boat House
Akira Fuji

Where to stay in Calahonda

The list below is for hotels that are decent and located centrally in Calahonda and include some direct links to their websites or websites with features of the particular hotel.

Atlantic Club Calahonda
Las Palmers Hotel
El Ancla
Calasol II
El Oceano
Club Algaida

Spanish property sales, everything from townhouses, villas, plots of land, property for investment. Calahonda properties, Spain

Article Source: http://EzineArticles.com/?expert=Simone_Burton

Property in spain-the buying process

2007-09-23T14:19:00.000+01:00

Buying a Property in Spain this article should be of assistance in illuminating the purchasing procedure. It almost goes without saying that these details of the buying process must be regarded as a general guide and no substitute for specific legal advice .

Spain has been the darling of the overseas property buyer for many years in particular the favourite of the British property buyer. It is an established overseas property market however this does not mean that it has not had its problems.

With an ever-increasing number of international investors, the mortgage market in Spain is highly active, with more than two hundred local banks offering home loan products in the country. Your mortgage loan options will greatly vary, depending on the type of property and the purpose of buying it. Usually, the lenders offer loans up to 70 percent of the property value, which is the maximum permissible loan as per Spanish laws. While most lenders may not lend beyond three times your income, a few international institutions such as Barcalys Bank may consider offering four times individual income. Lenders prefer customers with steady employment.

Before setting out to invest in a property in Spain, it is imperative for buyers to understand the intricacies involved in the buying process. To purchase a property in Spain, you need a ‘NIE' number or a taxation identification number. It is crucial to obtain this number, since it is required for all the formal proceedings of property purchase. You can obtain this number with the help of a Spanish solicitor, by giving him a power of attorney. Make sure that the solicitor has your best interests in mind when working for you. After selecting a suitable property, you need to sign a ‘reservation agreement'. At the time of signing this agreement, you are required to pay an amount around one or two percent of the property value. The vendor in turn, officially withdraws that particular property from the market, to enable your solicitor to proceed with other formalities, beginning with ‘land registry checks'. After confirming that the property has a clear title and there are no outstanding debts on the property, the contract of sale is signed by the concerned parties. Upon signing, you are generally required to pay about 10% of the agreed amount as deposit. For under construction properties, you should make sure that your builder gives you a copy of the insurance cover or the bank bond, to safeguard your investment in case the builder fails to complete the project.

After completing other formalities, the concerned parties, their lawyers and bank representatives, in case of a mortgage loan, go to the public notary's office to sign the final contract, after which the title deed is transferred in your name.

Depending on the type of property you wish to buy, the additional costs on your purchase will vary. For new properties, a 7% VAT along with a stamp duty of 1% is applicable, while old resale property buyers pay only the 7% VAT. If you are buying land in Spain, you will have to pay 16% VAT and 1% stamp duty. Other additional costs may include land registry fees, lawyer's fees, notary charges and other extra charges, if you have obtained a mortgage.

Nicholas Marr is a lifetime property investor and CEO of Marr International Ltd a UK based property marketing company that is responsible for one of the worlds leading overseas property web sites at http://www.homesgofast.com and http://www.Spanish-homes4sale.co.uk

Article Source: http://EzineArticles.com/?expert=Nicholas_Marr

Foreign mortgages

2007-09-22T12:03:00.000+01:00

There has been a tremendous boom in overseas property ownership. Whether for personal use as a family, holiday or retirement property or as an investment property, the market shows no sign of slowing down.

In the excitement of making the decision to go ahead, it’s easy to overlook the importance of taking professional advice with regards to the legal situation.

The law in respect of property and mortgages abroad is very different from that in the UK. Local practices, customs and regulations are very different and vary from country to country. One of the most common mistakes made by people purchasing overseas property is to assume that everything will be similar to the UK and there can be nasty shocks in store when the reality of the very different legal system strikes them. Television programmes have highlighted problems in proving ownership, lack of planning permission or plans for three lane highways cutting virtually cutting through the garden.

It needn’t be like this. Expert advisers are in a position to guide buyers through the maze of foreign property purchase and to help them to get independent and specialized advice from professional people such as surveyors, architects and the all-important solicitors.

As far as financing the purchase, it is usual to think about either raising the money on existing UK property or alternatively to arrange a mortgage using the foreign property as security, via an overseas lender.

Assuming you own property in the UK and are buying your overseas property as a holiday home or investment, the easiest route to take would be to arrange a loan on the equity in your home. By releasing this equity you would be able to complete any deal without undue delay.

Alternatively, it may be possible to get an improved interest rate by raising a mortgage on the overseas property you plan to buy. There is an added advantage in this option, in that the legal title of the property would be checked by the lender, who would ensure that all other aspects of the purchase would be in order, such as registration in the buyer’s name, valuation and checking of any building certificates, regulations and planning permissions.

European interest rates are generally lower than those in the UK. Because of this, with Spanish property, most buyers are advised to take out a Euro mortgage, although technically you could choose all major currencies. If buying property in France or Italy then a Euro mortgage is required.

Euro mortgage repayments must be in euros. There will be some currency fluctuations and this should be taken into account when planning your monthly repayments.

Your adviser will be able to help you with the choice of which mortgage is for you. For instance, if you intend to rent out your Spanish property via a Spanish agent, any income will be in euros. Rental received can be paid into a Spanish bank account to help to fund the mortgage repayments, thus avoiding any fluctuation in currency when transferring money each month. Obviously in this case a Euro mortgage makes sense.

A sterling mortgage would avoid the fluctuating currency problem if the property is purely for personal use and there is no foreign income. However, the savings on interest rates still make a Euro mortgage an attractive proposition.

For help on overseas mortgages, we strongly advise you to take some guidance from the experts. This can be found by going on-line to find a broker, where you’ll find their knowledge of the whole foreign property market invaluable.

Mortgage Quotes Finder provide great articles based around Mortgage Quotes.

Article Source: http://EzineArticles.com/?expert=Michael_Challiner

Murcia-costa calida

2007-09-21T12:14:00.000+01:00

We at Costa Calida Direct have been selling properties in and around the Murcia region for the past five years, offering quality build properties to ex-pats – helping them find the perfect home for their required needs. Whether it be an inland country property in the rural areas of Murcia or along the coast where the beautiful coastal towns and villages are in large demand, due to its beauty and of course price!

In the early years of the Spanish property boom Murcia was some what overlooked by property developers as the Costa del Sol and Costa Blanca flourished – being seen by potential property buyers as the two main regions to purchase a property in Spain. However, now the Costa Calida is enjoying a new lease of life – with huge investment in the area. Murcia has recently acquired massive new shopping centers which is supposed to be the largest in Europe (until the next one is built!), the San Javier airport is growing along with the amount of passengers that past through its gates each year, towns and villages are able to take advantage of new trade and monies that are being pushed through the area – and due to it being in a relatively new stage of change with all the new construction and new residents of the area the is a huge demand for new business to help supply the demand.

New business is in desperate need with so many of the new residents of Murcia being of different countries such as the UK, Germany, Sweden, etc – bringing services that are of need to the different nationalities of the region is of great importance.

So if you are looking to move to Spain and start a business and work for yourself, Murcia has so many gaps in the market for new arrivals to take advantage of and benefit from.

The city of Murcia is a beauty typical Spanish city with great architecture and a splendid history dating back to the 7th century.

Murcia has for some time benefited hugely economically from its citrus fruit farming and other food industries which not only supply the whole of Spain but also other countries throughout the world.

In general Murcia is still very Spanish in all ways, although there is a new presence of foreign residents Murcia has a very Spanish population, the way of life has not changed – very laid back and a slow, great food and tradition with many fiestas.

The state is also the driest region of Spain, the years average for days of sunshine is over 300 days a year which is also a massive plus for those that are seeking to rid themselves for the poor British weather, with an average low of 16°C and a high of 34°C average Murcia enjoys in general the best weather in Spain. In fact the Spanish record high temperature was recorded in Murcia – an extremely hot 47.2°C on July 4, 1994.

Murcia has a wide range of different areas along with different types of properties which provide a variety for house hunters. You can find some great bargains on properties on the market within the region, to the north and west of the area rural properties: ruins, country houses, farm houses, plots of land and even new developments now. To the south and the coast, stunning luxury villas and apartments, golf developments such as Polaris world, coastal apartments and townhouses.

We have a varied portfolio of properties available on the market which are reasonably priced and of quality design and build, new and resale properties – and some great properties for those whom are looking for a long or short term property investment in Spain.

For more information on how Murcia could benefit you and a professional Real Estate agent company contact us today.

Costa Calida Direct - offering a professional service from the beginning to the end. Selling quality homes in the Murcia (Costa Calida) region for Spain.

Article Source: http://EzineArticles.com/?expert=Spanish_Property_Homepage

A purchaser's guide

2007-09-20T11:28:00.000+01:00

Are you in the wonderful position of being able to afford to buy a holiday home abroad? Or are you simply thinking of moving to a country with a more temperate climate and a more relaxed way of life? Whichever is the case, Spain could be the country of your choice, and if this proves to be the destination of your dreams you will need a little help and guidance along the way. Below I have outlined a few hints and tips that will make the buying process a little easier and hopefully, less stressful. If you follow these guidelines purchasing a property in Spain should be an exciting and pleasurable experience - avoiding some of the more common pitfalls is all that it takes.

1. Set Your Budget - I think that this is the most important decision that you will make. Look at your finances and decide exactly what spare cash you have available to you. Be honest with yourself and be realistic, emergencies happen and in the future you may need to raise finance for something more important – don’t stretch yourself. Having set your budget stick to it and be very wary of viewing any property that is above your budget – chances are you will fall in love with something you cannot afford and it will be extremely difficult to put that property out of your mind and settle for something more realistic.

2. Choosing the Area – Location, location, location. It is an old cliché but an important one. You may already know the area where you would like to settle, but otherwise visit a few different locations to make yourself aware of the various possibilities. In choosing the location you may also have to consider point one – your budget.

3. Type of Property – A couple of options to start with – new or resale? Many estate agents will try to point you in the direction of new property, mostly because this is the area where they get the least hassle and the most commission. Fine, if you want to purchase a new property, then go ahead, there are many advantages to taking this route but also be aware that there is a huge choice of resale property available in Spain and there are plenty of bargains to be found. Most resale properties are sold fully-furnished and equipped – this can save you a lot of hassle and a lot of money. Most new property is sold off-plan, so you may have to wait up to 2 years before you get your keys. Knowing what is going to be built around you is also important – it can be hard to visualize when you are staring at an empty field! Also that large apartment block may be blocking the sea view of your new villa, be careful! The next consideration is the property type – house, villa, apartment, bungalow, the choice is endless. This will mostly be determined by personal choice and, of course, once again – budget. You may also at this stage wish to consider if you want to be on an urbanization or have some solitude in the countryside. There are advantages to both, urbanizations can be noisy during the summer months but they are generally safe and child friendly. The countryside can be peaceful but how far is it to the nearest shop? What about when the family visit – is it the type of holiday they would be looking for? Also, you may want some kind of social life, there are lots of things to consider before making your final choice.

4. Choosing Your Property – Now is the exciting time, going out and viewing possible properties. Take your time and look at as many as you can – if you are looking at new properties, don’t be rushed into a decision “this is the last one available” is the selling point of many an estate agent. Don’t be fooled, there are always plenty of properties available. Take lots of photographs and if possible a video, this is very useful when reviewing later, it can get very confusing when you are looking at lots of properties. Make a short list and go back to look again. This is an important decision – take your time.

5. Paying a Deposit – You have made you choice, now is the time to put your money where your mouth is! The usual in Spain is a 3,000 euros deposit to take the property off the market. The next step will vary depending on whether your choice is new or resale. With new property the next step will probably be payment of something in the region of 30% of the final purchasing price, payable within one month. There may also be stage payments during construction though the norm is balance on completion. Different builders have different rules so be aware of these before you decide to put down your 3,000 euros deposit. With resale property the whole process can be completed within 1 month (if this suits both seller and buyer), so normally it is 3,000 euros deposit and the balance on signing at the notary.

6. Appointing a Solicitor – It is important to appoint a Spanish solicitor who is well versed in Spanish property law and with a good grasp of the English language. He (or she) will be your friend and ally throughout the buying process and will make sure that there are no outstanding debts on the property. Also after the signing he will help with such things as changing electricity and water contracts into your name. You can usually also retain him to deal with your future tax returns in Spain.

7. Taxes and Costs – You will need to be aware of the various taxes and costs that will need to be paid both during and after the purchase. Taxes on purchase , transfer tax (IVA), 6% of the purchase price on new property, 7% on resale. plusvalia tax, calculated on the appreciative value of the land the property is on (normally paid by the purchaser). Land registry charges – around 300 euros to change the property into your name. Notary charges, can vary depending on location but generally around 500 euros. The guideline for extra taxes and costs is 10% of the purchase price although this can be nearer to 12% if you are obtaining a mortgage to purchase the property. Taxes after purchase – SUMA, local council tax payable every year. Community fees, if you are on an urbanization there will be fees for the upkeep of common areas such as gardens, swimming pools, lifts etc. This may be payable monthly, quarterly or half-yearly.

8. Signing the Deeds – The property deed is known as the Escritura in Spain and the signing of this and the final payment for the property is done at the notary office (the notary is an official government representative). You may be present along with your solicitor for the signing or your solicitor can do this in your absence if you have previously given him power of attorney (a common practice in Spain). Before you can sign the deeds you will need to obtain an N.I.E number (foreigners identification number), this can be obtained at any national police station but make sure you ask your solicitor about this long before the signing and he will advise you how to obtain one. Also make sure that you have your original passport with you before going to the notary, also the passport of anyone who is to appear on the deeds.

9. Taking Possession of the Property – When the deeds are signed and the final monies paid you will receive the keys to your property. You will then need to make sure that electricity, water and SUMA contracts are changed over into your name. Don’t forget to organize property and contents insurance. If the property is new, you will want to check it through and write a snag list of any problems.

10. Congratulations – You are now the proud owner of a property in Spain, may the sun shine on you and the value of your property rise, that tiny one bedroom apartment may one day turn into a seafront villa! – Relax and enjoy.

The author Steve Locke runs a Spanish property sales and rental company in Cabo Roig on the Costa Blanca, Spain. His website can be found here: www.needahandspanishproperties.com/panish Property for Sale and Rent Steve is currently working on his new website which will eventually contain a large database of property for sale: www.needahand-spanish-property.co.uk/>Costa Blanca Property

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Dont pay over the odds

2007-09-19T12:09:00.000+01:00

Spain has a lot to offer Northern Europeans and until recently there was a marked difference between the price in their home country and a similar Spanish property. However many buyers have found to their cost that they paid way over the odds.

Why is this and how can you avoid falling into the same trap?

Being in a different country you are unsure of the process, don’t have time to compare prices, so many agents take advantage of you – in fact sellers will even increase their price if they know it is a foreigner buying.

One of the biggest differences between the Spanish and the UK market is that Spanish sellers set their own prices and agents add their commissions to this. In the UK you get a valuation which includes the agents commission.

One problem with this is that buyers set their prices too high. This happens for a number of reasons.

1. They have more negotiating room
2. Typically foreigners will pay more because it is cheaper than a similar property at home.
3. Many people have unrealistic expectations about their property value

The second problem is that agents will add anything from 3% upto 25%+ if they think they can get away with it – and often do.

Most agents are reliable and honest, but a handful have given the business a bad name – and typically it is Foreign agents that rip off their own countrymen. A lot of this is down to there being no regulation of the Spanish Property Market, agents create contracts between themselves and the buyer and themselves and the seller – ensuring that the buyer never finds out how much has been charged.

It is especially true for agents who use persuasive subsidised trips (wine dine and sign on the line) that give the buyer little or no time to make comparisons with other property. But saying a property isn’t worth the money is not the same as it won’t sell – because they do – by preying on buyers that don’t know the difference between a cheap property and a good value property.

The result is that buyers find they have bought a property and cannot sell it – even at break even - for at least 2-3 years because they have been caught out.

So how do you ensure you don’t pay over the odds for your property in Spain?

1. Research the area. This is easy with the internet where many properties in the same area can be compared (and in fact the same property on with different agents)

2. Note important features and compare each property against features (i.e. number of bedrooms, property type etc). Although there is no proven formula you will at least have a better idea as to whether a property is worth the asking price.

3. Use a good agent. Most agents (regardless of what they tell you) act on behalf of the seller. If you can - find a buyers agent. But if not research which agents in your area are reliable, honest and don’t overcharge. This can be done by asking around and asking the agent how they operate. A good agent will try and achieve a fair price for both seller and buyer and will be happy to disclose their commission

4. BEWARE of agents who charge both seller and buyer. Regardless of what they tell you THIS IS NOT acceptable nor common practice. They do it because they know they can get away with it and it means they get double their stated commissions. But the price you see is not the price you then pay.

5. Don’t be afraid to negotiate. British buyers say very little about the price and will accept the price given. They are often told there is no room for negotiation - but there very much is. Remember if you walk away they have no sale – and likely have no body behind you either

Unless you push for a discount you wont get it – So negotiate hard – or get someone to do so on your behalf. Offer too low and you will get to where the seller wants to be – offer too high and you leave money on the table.

So in short if you wish to avoid paying over the odds for your dream Spanish home keep your eyes open, ask lots of questions – and don’t accept anything you are being told without checking it out first, and remember that everyone is out for themselves – you wont go far wrong.

Vince Barnes is the owner of http://www.SpanishProperty-Direct.co.uk – a website aimed at informing buyers about the process of buying in Spain and keeping up to date with news and regulations affecting the Spanish Property Market. He has also just published the book – “The Insiders Secret Guide To Buying A Property In Spain – The Book Estate Agents Don’t Want You To Read” – available at http://www.spanishproperty-direct.co.uk/book.htm.

Article Source: http://EzineArticles.com/?expert=Vince_Barnes

To buy or not to buy

2007-09-17T12:27:00.000+01:00

With its stable interest rates, the vibrant UK has, in recent years, seen a pattern become established, whereby families have built savings and created a cash-pile to tap into. These days, obtaining a large mortgage on a newly desired home requires an initial financial stretch in order to secure the deal. However, with income growth outstripping costs growth, homeowners can see an increase in their bank balance throughout the subsequent years, allowing for the creation of a nest-egg. On reaching this stage, families often decide to either move to a more expensive property, invest in a home extension or buy a property abroad - with the most popular destination being a home in Spain.

The thought of owning a property in Spain is seductive, and probably without a doubt, the biggest factor in the decision-making process of any potential property buyer. In fact, these thoughts can often outweigh any initial caution that might surround the idea of owning a property situated thousands of miles away – a property which might stay empty for months on end.

However, there are several other factors to consider before reaching a decision, including the type of property, location, budget and frequency of visits. Price, for example, is a prime consideration in the buying process although the price is not necessarily governed by the choice of property. Property choices can range from choosing a detached villa complete with all the inherent space benefits or an apartment with close neighbours; having a private pool or a communal pool; being located on a development site or a stand-alone site. In fact, the choices facing prospective property buyers in Spain are extensive.

Many people who are seduced into owning a second home in Spain overlook the ongoing requirements that are needed once the new Spanish property purchase is complete. People generally anticipate the traditional costs, such as community charges - albeit considerably lower than in the UK - and the development complex’ annual services charges. But, there are other considerations that require careful thought: is the property safe? Will it become infested with insects? Do the rooms smell stale? Does the plumbing function? Is the pool clean? These and other concerns are all major doubts that are raised when the property is locked up and likely to stand empty for a long period of time.

However, help is at hand because in any developed area of Spain, such as Costa Calida, there are numerous service companies who, for a reasonable yearly charge, can provide a range of property services to cover all of these issues and many more potential problems. For those property owners who choose to rent out their Spanish property on the open market, not only will these specialist agencies handle the marketing and letting of the property, but will also service the premises in-between guests. They can even oversee the hand-over of keys, if required.

For property owners, ongoing maintenance costs can be offset by generating rental income; all the while benefiting personally by using the property for short breaks and extended holidays. Furthermore, the projected continuation of properties in Spain displaying capital appreciation across the period of ownership, coupled with the peace of mind offered by these service companies can make for a solid, all-round family decision.

By enlisting the help of an external agency, any concerns surrounding ownership of a property in Spain can be removed, resulting in both peace of mind and security. In the UK, specialist experts in the Spanish property market, such as SpainDirect4U can not only provide a full search-and-find operation for newly built Spanish properties, but can also effect introductions to Spanish service companies who can provide all the necessary services required to cover every eventuality arising from ownership of a Spanish property.

Andrew Regan is an online, freelance journalist.

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How to own a dream home in spain

2007-09-16T15:37:00.000+01:00

Every year hundreds of thousands of foreign visitors travel to Spain to delight in the fantastic weather, stunning natural landscapes, excellent entertainment options and superb Mediterranean beaches. Many of these people dream of one day owning their own property in Spain, in fact Spain is now one of the most desirable second home and retirement destinations in the world.

In the 1960s Spain underwent something of a building boom and earned itself a reputation for building unsympathetically for the natural environment. Since then massive effort has been placed in redressing the balance, fixing the architectural problems and recreating the face of Spain particularly along the coastal regions known as the Costas.

The most famous Costa is the Costa del Sol and one of the most beautiful towns in this region is Benalmadena. This town is as famous for its stunning natural beauty as it is for the wealth of amenities and opportunities it offers both residents and visitors. It is also an excellent example of how Spanish property developers and town planners have saved Spain from architectural decline!

The town of Benalmadena on the Costa del Sol is home to some incredible and luxury properties that boast everything from swimming pools and tennis courts, to direct golf course access and access to the water parks and theme parks of Benalmadena.

The town is one of the most desirable on the Costa del Sol, the Costa del Sol is the most desirable area of Spain for property, therefore anyone who purchases a home in the town will be purchasing themselves a fantastic investment opportunity as well as a dream home in Spain.

Because of the strength, stability and security of the Spanish property market it is a relatively straight forward process to raise a mortgage or finance to afford to purchase a home in Spain. Obviously terms and conditions will depend on a purchaser’s individual financial circumstances, but some international mortgage lenders are prepared to consider future rental income from the letting of a property as income on which they can base the amount they will lend you.

If you dream of owning a dream home in Spain you could consider buying now, letting the property for part of the year to cover your mortgage commitments and benefiting in person for the weeks of the year when you usually holiday abroad.

If you were to purchase property in Benalmadena on the Costa del Sol for example, you would be buying into one of the most desirable areas of Spain for holiday lets and purchasing yourself possibly one of the best returning investment vehicles in property terms globally.

On the one hand the area benefits from a wealth of golf courses, entertainment parks, perfect beaches and direct access to Malaga airport for international accessibility making it simple to rent your property for top dollar weekly returns all year. On the other hand the area’s attraction means properties available will become scarcer and as demand surges and supply diminishes the value of your property will soar!

A true win win situation!

Rhiannon Williamson is the publisher of http://www.shelteroffshore.com/ - the online resource for investment property abroad, offshore investing and living overseas articles, guides and resources.

Click the following link for Spanish property or moving to Spain articles, guides, resources and recommended reading.

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Live in spain-enjoy life

2007-09-15T15:18:00.000+01:00

Many people consider departing UK shores and creating a new life in Spain. Such a consideration is not limited only to those approaching retirement, but encapsulates the entire age spectrum; and those that do make the move find that they are stimulated and invigorated to adopt a new and refreshing alternative lifestyle. In excess of a half million people have purchased a property in Spain – and many have now made their home in the country.

But, what is the attraction of living abroad from the UK? Often, it is a growing element of dissatisfaction with living in the UK which often triggers the deliberation process. The most common complaint is the UK weather with its short summer period and lengthy dull winter; however issues such as security, congested roads, expensive living costs and the demanding pace of life are also becoming more prevalent considerations.

Once the decision to consider living in another country has been made, Spain rapidly becomes the number one choice. Spain was originally recognised as a place to spend holiday time, but recent years has seen Spain grow in stature as a country - particularly since joining the EU. Only a short two hour flight away, the people of Spain are warm, friendly, welcoming and accept those who arrive to develop the country. However, Spain has much more to offer potential property buyers than a warm welcome.

As a country, Spain is modern in outlook yet retaining an old world charm, and despite being a country five times the size of the UK, Spain has many obvious appeals, such as a lower population, an excellent communications network and a massive coastline, as well as mountains ranges in the north and inland all waiting to be explored. Meanwhile, all of Spain’s major cities have magnificent buildings, parks and museums to satisfy the most discerning culture vulture; while age-old traditions are maintained, with celebrations and fiestas occurring throughout the year.

Being a warm and substantially Mediterranean climate also has its advantages in dietary terms; masses of fresh, locally produced fruit and vegetables; an abundance of fresh fish caught the same day, and cooking with olive oil are all staples of typical Mediterranean cuisine. Furthermore, embracing the outdoor life also lends itself to a healthier lifestyle. All types of sport and leisure can be enjoyed in Spain, with football, basketball and cycling being especially ardent activities; additionally buying a Spanish property near to the coast affords the option of water sports. And of course, there is golf; courses are available for play every day of the year with no winter greens or course closures, and Spain boasts a superb choice of courses from nine holes to championship courses.

However, it’s not just the attractions that Spain offers that make it a popular choice. Everyday living costs are generally lower than in the UK, with the weekly food bill being the obvious one; as for motoring, not only is petrol cheaper but also road tax is lower. Plus, the need to heat a Spanish home is a rarity, thus considerably reduced heating costs are attained. Furthermore, Local authority service charges are also low in comparison to the UK.

Moving abroad doesn’t mean cutting yourself off from your friends and family left behind either. With the UK being only two hours flight time away, visits to family in the UK are easy, with an array of flights serving most UK airports. This travel time compares favourably with driving time from Manchester to London, for example, and can prove to be a lot less stressful.

For those considering moving to Spain, a key element in finding a suitable property is to make contact with a reputable, established property agent. In Costa Calida and Costa Blanca - two of the most established and growing areas - many companies offer a search-and-find Spanish property service. However, it is essential to choose an agent carefully so that professional advice is provided to cover all aspects of the buying process. SpainDirect4U, for example, not only provide a full search-and-find operation for new build Spanish properties, but can also effect introductions to companies providing all the necessary services to cover every eventuality arising from ownership of Spanish home.

Life in Spain gives you the feeling of being in a vibrant, developing, progressive country unfettered with the restrictions and limitations of the UK. Not only can you enjoy the benefits that an outdoor lifestyle brings in terms of health and wellbeing, but pocket a bonus as well; it costs considerably less to live in Spain than in the UK.

Andrew Regan is an online, freelance journalist. SpainDirect4U is based in Nuneaton, UK and is a specialist Spanish property agent.

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Live in style

2007-09-15T15:06:00.000+01:00

The picturesque beauty of Spain is unparalleled, and it is exactly this that attracts numerous tourists to the Spanish countryside during the vacation season and even otherwise. It is the perfect place where people can come and have a relaxed and luxurious holiday. Whether it is very much in love couple, or a complete family with grandparents, aunts, uncles and cousins, Spain proves to be the most desired holiday spot for all kinds of people. Since more and more people are discovering the country, the property market in Spain has been cashing on the influx. Whether it is about buying Spanish property or providing Spanish property to rent, the prices have been steadily showing an upward trend.

People are attracted towards Spain simply because of the abundant natural beauty that it contains. The increasing tide of tourists and others who are buying property in the country have led to a boom in the property scenario and has also led to the growth of the overall economy. Spanish property to rent are the best options for tourists. The townhouses, villas and apartments are not only have beautiful architecture, but are also located very close to nature.

People visiting Spain can find Spanish property to rent anywhere in Spain. More and more people are preferring this, because it provides the warmth of a home. It provides the feeling of freedom and privacy that is absent in hotels. It is the ideal place if the complete family has come together for a vacation.

One can find all kinds of Spanish property to rent, from the cheapest to the costliest. From simple cottages to luxurious villas, the range of places to rent from as well is the rent prices is quite broad. It is easy to find a place that fits your, taste requirement and the pocket easily. So, just rent out a place and feel at home in Spain.

About The Author: Brittney Jackline is a well known professional writer. She has won appreciation especially for good writing about the Spanish Real Estate topic like Spanish property to rent.

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Spanish property to rent- there is no dearth of options

2007-09-15T14:53:00.000+01:00

As the Spanish islands are known for their unparalleled natural beauty, Spain has become one of the most famous destination for tourist. Located in the lap of wonderful natural landscape, the country, throughout the year, is full of tourists. And its proximity to other European countries make it dwelled and discovered most by them especially by people of UK. The rich natural beauty of each of its locations, availability of all facilities to make one's life relaxing and full of comfort, etc. are some of the reasons why people from UK are the biggest discoverer of this place. Be it buying new property or putting Spanish property to rent, the growth in property market is touching sky in Spain.

The best feature of Spanish property lies in its availability at any place you wish to buy or avail on rent. Be it Costa Blanca, Costa del sol, Costa Calida, Costa de la Luz or Costa Almeria, you will have abundance of options to buy any type of property you wish. Each of these locations are close to unique natural landscapes like an array of long sandy beaches and series of mountains, which satisfy people looking for a peaceful living attached with all modern facilities and comfort. Likewise the high rise in property market has produced abundance of property companies which make the availability of homeowners having Spanish property to rent.

In UK, there are number of property dealing companies, which with their useful services, are helpful in greater way in buying or renting Spanish property. Even for those who have Spanish property to rent or sell, these companies seek for them a right person to deal with. Some of these reputed companies have also online presence, so the best way to find a good property company is to go online. Compare their price and features which are available after availing their facilities. Whether you are looking for a villa, apartment, golf resort or beach resort, possibilities are there that they will help you having a good deal.

About The Author: Brittney Jackline is a well known professional writer. She has won appreciation especially for good writing about Your Key To Spain - Spain Real estate services like...

Spanish property to rent

Spanish Property

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Costa del sol

2007-09-15T14:44:00.000+01:00

If you think that beaches are a great way to relax and unwind during vacations, then Costa del Sol can prove to be a wonderful place. Located in the south of Spain, Costa Del Sol has great beaches and sea shores that can really rejuvenate your soul and re-energise you again. This region is surrounded by Gibraltar in the west and Nerja in the east and attracts over a million tourists from different corners of the world, who end up investing in Costa del Sol property.

When you reach Malaga International Airport, the nearest airport to Costa del Sol, you would be greeted by a warm and friendly weather, which is prevalent in this region, almost throughout the year. From the airport, you can head straight to a resort. There are many brilliant resorts over here like, Torremolinos, Benalmadena, Fuengirola and Mijas Costa. You can also try out Marbella which is famous for its marina at Puerto Banus, Estepona, Sotogrande and Gibraltar.

When in Costa del Sol, you can indulge in a number of activities like sailing, scuba diving, water sports and horse riding. You can also have a good time teeing off in golf courses. Or you can simply relax in the spas and sauna parlours over here and enjoy the excellent hospitality. And if you simply want to laze around, you can just sit and enjoy a sunbath on the beaches.

If this lifestyle excites you and you want to spend your time in such quality way in every vacation you take, then a good idea to go about it is by investing in a Costa del Sol property. Properties in Costa del Sol enjoy high popularity and you can find many property agents dealing in them. You can get in touch with a professional agent and embark on your very own Costa del Sol property.

About The Author: Brittney Jackeline is a well known professional writer. She has won appreciation especially for good writing about the Real Estates topic like properties in Spain.

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Spanish property options

2007-09-15T14:33:00.000+01:00

Welcome to spanish property options, to buy, rent, lease, sell or let spanish property.