buy or rent
#1
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Location: sheffield & place in la marina
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buy or rent
Hi everyone, to buy or rent till you find your feet, what do you recomend?
#2
Re: buy or rent
I know quite a few people who bought holiday homes, came for hols for several years, moved into them 'permanently', then discovered what was great for a holiday was a nightmare to live in
also others who had to go back to the Uk for one reason or another & couldn't then sell their property.........and couldn't afford to keep it either
#3
luna~sea..its a lifestyle
Joined: Feb 2007
Location: Getting In Touch With My Dysfunctional Side...
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#4
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Re: buy or rent
rent...........definately
I know quite a few people who bought holiday homes, came for hols for several years, moved into them 'permanently', then discovered what was great for a holiday was a nightmare to live in
also others who had to go back to the Uk for one reason or another & couldn't then sell their property.........and couldn't afford to keep it either
I know quite a few people who bought holiday homes, came for hols for several years, moved into them 'permanently', then discovered what was great for a holiday was a nightmare to live in
also others who had to go back to the Uk for one reason or another & couldn't then sell their property.........and couldn't afford to keep it either
#6
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Re: buy or rent
never rented b4 in my life so it would all b new. Got pets though n kids do n find plenty of rentals that let you take them?
#7
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Joined: Nov 2006
Location: Galicia
Posts: 80
Re: buy or rent
It's hard to predict the future and the decision to buy or rent is very personal. But the real-estate market in Spain is in big turmoil. The worst problem is that there are no reliable statistics. I don't see why you would have problems finding a rental place in your situation. Where are you planning to be?
#8
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Re: buy or rent
It's hard to predict the future and the decision to buy or rent is very personal. But the real-estate market in Spain is in big turmoil. The worst problem is that there are no reliable statistics. I don't see why you would have problems finding a rental place in your situation. Where are you planning to be?
Only a very predujiced view, and I havent been stung yet
#9
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Joined: Apr 2007
Location: sheffield & place in la marina
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Re: buy or rent
It's hard to predict the future and the decision to buy or rent is very personal. But the real-estate market in Spain is in big turmoil. The worst problem is that there are no reliable statistics. I don't see why you would have problems finding a rental place in your situation. Where are you planning to be?
#10
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Joined: Nov 2006
Location: Galicia
Posts: 80
Re: buy or rent
Cheers!
#12
Re: buy or rent
I know someone who rents ...2 big dogs & maybe a dozen cats!
#14
Re: buy or rent
The most reliable statistic is your eyes, Look at the sheer number of houses on the market in Spain , and general time from going on market to sale,we went thru this subject sometime ago, and IMV, the Spanish housing market is a high risk venture, I have bought a house here (kept my UK house as well), however given the current status, I wouldnt buy again, there is simply to many houses on the market, the prices are way overinflated, the buyers are mainly retirees from UK,Holland, Belgium, Ireland, This is funded mainly by their house sales in home country, and more importantly by the fact that a significant number are retiree's with company pensions ( Final salary types), which are now becoming very rare, so where is the money to buy in Spain gonna come from in say 5 to 10 Years, particularly as a lot of these current retirees will be fading away, or thru health returning to the UK adding even more houses to the oversubscribed market..The Eastern EU (The new ones) wont be able to afford it for a long while yet) if you can answer that you have answered your rent or buy question.
Only a very predujiced view, and I havent been stung yet
Only a very predujiced view, and I havent been stung yet
#15
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Re: buy or rent
Hi Lynnxa, are long term lets easy to come by on the costa blanca? got to get kids in a school, they're 13 & 14 so gonna have to be an international school any good ones on costa blanca? say