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Re: Has the housing crash started yet?
Originally Posted by madcarole
(Post 6067229)
i did have dealings with this company until i came out to spain myself and realised that you need someone on the ground here in spain..you are paying higher prices with your agent i am afaid..
carol |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6067269)
Are you happy with them or have they helped you? It's hard to get someone in Spain as it is new to me. I've haven't actually get them to do anything for me yet but I find them very helpful in answering my questions.
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Re: Has the housing crash started yet?
You need to look in the area up close, you might get a deal and it turn out to be on a building site for the next 20 years.
An agent in the UK is in the same position as you, getting told stories. Book a cheap flight on Squeezyjet and have a look at the thousands of properties for sale and pick one where the surroundings are finished too. |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6066821)
Thanks for your reply. The problem is that I don't live in Spain & can't go round knocking at the doors.
I'm only interested in the Costa Blanca areas (eg. Murcia, Alicante, Almeria). I want to buy a new villa & it seems that only offplan suits me. I'm doing a lot of research but hearing experiences from people is a real help in making my decision. I would love to hear from anyone with good & bad experiences with offplan in those areas, please post here. If you are not able to come out to Spain, then you it would be wise to prepare yourself now for some extremely hard and expensive lessons. Worst-case you may lose a great deal of money on a house that never gets built or even gets knocked down. At the absolute very least you WILL be paying too much for your house. |
Re: Has the housing crash started yet?
Originally Posted by twyntub
(Post 6067787)
You really need to come out to Spain and make the decision from your own research here on the ground.
If you are not able to come out to Spain, then you it would be wise to prepare yourself now for some extremely hard and expensive lessons. Worst-case you may lose a great deal of money on a house that never gets built or even gets knocked down. At the absolute very least you WILL be paying too much for your house. |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6068310)
Initially I plan to take this 4 day viewing trip with spanishlifeproperties but after reading in this forum I'm not sure now. It's not a free trip (79 pounds per person). My intention is to have a look round to see if I really like Spain before I make my decision to move. I'm not obliged to buy from them even after this trip according to them.
A viewing trip is a sure-fire way to not get to see any of them :D Spain is a massive country... four days will give you NO time to look around whatsoever. You'll be taken from property to property over a tiny area in a carefully orchestrated procedure (and believe me when I say it'll only be the properties that give the most commission that you'll get to see...) If you want to find the right area, if you want to get the best price, if you want to make the right decision... then rent first. I can almost guarrantee you that the money you spend on the rent over, say, six months you'll get back 10 to 30 times that by getting the right property at the right price. Like the friend of ours who rented for three months then bought a property for 100,000€ (33%) less than it was being advertised all over the Internet. Only possible by having local knowledge that you WILL NOT EVER GET from a four day viewing trip. |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6068310)
Initially I plan to take this 4 day viewing trip with spanishlifeproperties but after reading in this forum I'm not sure now. It's not a free trip (79 pounds per person). My intention is to have a look round to see if I really like Spain before I make my decision to move. I'm not obliged to buy from them even after this trip according to them.
Take advise from people here not those selling houses for their living from the UK. |
Re: Has the housing crash started yet?
Originally Posted by twyntub
(Post 6068653)
Well, there are literally hundreds of thousands of properties in Spain waiting for a buyer at the moment, and some are extremely good value.
A viewing trip is a sure-fire way to not get to see any of them :D Spain is a massive country... four days will give you NO time to look around whatsoever. You'll be taken from property to property over a tiny area in a carefully orchestrated procedure (and believe me when I say it'll only be the properties that give the most commission that you'll get to see...) If you want to find the right area, if you want to get the best price, if you want to make the right decision... then rent first. I can almost guarrantee you that the money you spend on the rent over, say, six months you'll get back 10 to 30 times that by getting the right property at the right price. Like the friend of ours who rented for three months then bought a property for 100,000€ (33%) less than it was being advertised all over the Internet. Only possible by having local knowledge that you WILL NOT EVER GET from a four day viewing trip. We moved out and rented for 11 months, whilst making the final decision to sell in the UK. Then during that selling time we hunted high and low for a place that suited us. |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6068310)
Initially I plan to take this 4 day viewing trip with spanishlifeproperties but after reading in this forum I'm not sure now. It's not a free trip (79 pounds per person). My intention is to have a look round to see if I really like Spain before I make my decision to move. I'm not obliged to buy from them even after this trip according to them.
i would come out on a 1p flight by ryan air...stay in b and b...i can recc a couple in the aea you are looking..hire a cAR AND HAVE A GOOD LOOK ROUND AT THE AREA, BAS, SHOPS, SCHOOLS FAMILY ATMOSPHERE..OME AREAS ARE GHOST TOWNS IN THE WINTER.. oops soory bloody caps lock key again. i have head of aeas that people have bought on mew urbanisations that only 3/4 houses have been sold out of 100.s..can be very lonely.. have you got childen? do you need to work/ going to pm you carole |
Re: Has the housing crash started yet?
Why buy?
Why not just sell your property and take a 6 month rental (or shorter)? There are numerous postings on this Forum advising that as the best option. For the life of me I cannot see why anyone has to buy off plan. If you think property prices in Spain are going to be going up over the next year then you could buy off plan. Personally I think you have more chance of the builder having to lower their price when it is completed, or going bust before then. As one Abogado said to me recently "the concept of duty of care is not readily acknowledged by Abogado's dealing with property transactions in Spain". Choose your Abogado with far more care than you need to in the UK! As for a few days spent looking at property and making a decision to buy based on that - you have got to be joking. We are now into our second year looking and we still intend to rent for 6 months when we have found an area we think should be fine. So far we have seen loads of property on web-sites that look too good to be true and that's exactly what they were. Great property but dreadful location - how did they miss those power-lines on the photo's etc. |
Re: Has the housing crash started yet?
Thanks everyone for your input. I've gone off with this 4 day viewing trip.
I'm waiting from the Home Office & once I sell my house here then I'll take a holiday to Spain & then decide if I'm moving there. |
Re: Has the housing crash started yet?
Originally Posted by ForHotspot
(Post 6070184)
Thanks everyone for your input. I've gone off with this 4 day viewing trip.
I'm waiting from the Home Office & once I sell my house here then I'll take a holiday to Spain & then decide if I'm moving there. |
Re: Has the housing crash started yet?
Originally Posted by leighbloke
(Post 6070754)
Are you saying you've never been to Spain?
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Re: Has the housing crash started yet?
Sadly I'm the wrong person to add to this thread. I bought off plan not as an investment. I bought it because I liked the area.
I did it on a 4 day trip paid for by an estate agent. I'd been to the area probaly 20 times. Always on holiday. I will effectively be a home owning holidayer for a while. This makes me happy. Once I want to move I'll look harder. But I guess I'll already have a base for that. If I were moving over I'd spend the relatively small some of 3k euro on finding out if I fitted in. Especially if I had kids. |
Re: Has the housing crash started yet?
Originally Posted by jamesf
(Post 6076464)
Sadly I'm the wrong person to add to this thread. I bought off plan not as an investment. I bought it because I liked the area.
I did it on a 4 day trip paid for by an estate agent. I'd been to the area probaly 20 times. Always on holiday. I will effectively be a home owning holidayer for a while. This makes me happy. Once I want to move I'll look harder. But I guess I'll already have a base for that. If I were moving over I'd spend the relatively small some of 3k euro on finding out if I fitted in. Especially if I had kids. So are you happy with your off plan property? Can I ask if your 4 days trip is with Spanishlifeproperties? |
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