Living in the sun in Spain.
Aug 25th 2009, 7:16 am
#76
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Joined: Jun 2009
Posts: 474
Re: Living in the sun in Spain.
Sorry I am not asking the purchase price, so it is not my doing you think it is too high.
I still stand by what I said when purchasing a property which are two things; a business and somewhere you call home. You have to not only look at the financial part of the business and say the property is only worth X amount like you are you purchasing a business only.
I still stand by what I said when purchasing a property which are two things; a business and somewhere you call home. You have to not only look at the financial part of the business and say the property is only worth X amount like you are you purchasing a business only.
It is way overpriced for location, local amenities and definitely for the current climate.
DSB.
Aug 25th 2009, 8:31 am
#77
Lost in BE Cyberspace
Joined: Apr 2009
Posts: 7,749
Re: Living in the sun in Spain.
Say if you could generate 35k euros from the house in rent a year - a 7% yield is often quoted as that required to be worthwhile renting
That would make the house worth 500k euros, as long as expenses are kept to the minimum i.e. that the people who own the house have other jobs too
If someone actually wants to live off that rental income then you'd have to be looking to pay even less for the house
Aug 25th 2009, 8:33 am
#78
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Living in the sun in Spain.
Is it really a business though, sounds like just a sideline! Has been on sale for over two years so shows the price is too high.
Aug 25th 2009, 8:36 am
#79
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Joined: Jun 2009
Posts: 474
Re: Living in the sun in Spain.
DSB.
Aug 25th 2009, 8:41 am
#80
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Joined: Jun 2009
Posts: 474
Re: Living in the sun in Spain.
Wow - 2years Sounds like they can't even afford to drop the darn price..
Surly the costs were cheaper when all the modernizations occured, IE-When the Sterling gave you more Euro.
That price is just bouncing away potential interests. Showing it online with that price there is NO need to view / all questions are answered already.
TOO MUCH.
.: I'll give them 390k cash :.
DSB.
Aug 29th 2009, 8:14 am
#81
Lost in BE Cyberspace
Joined: Jan 2009
Posts: 5,368
Re: Living in the sun in Spain.
One couple were converting an old townhouse onto a B&B, somewhere on the Costa de La Luz. They were putting a pool on the roof. It showed them going to Morocco shopping for stuff to decorate it (as you do!). Don't know if it ever opened but has been for sale ever since and says partly finished.
Aug 30th 2009, 3:01 am
#82
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Joined: Jun 2009
Posts: 474
Re: Living in the sun in Spain.
If everyone here slagging off these people were doing as well as this couple, I'm sure they'd be quite happy. Having stayed there for several days (it's in Medina Sidonia, not Costa de La Luz) they have done an excellent job of the reform, and are a lovely family. They also have a large rental property just outside Vejer de La Frontera, http://www.andaluciahideaways.com/property.asp?ID=25 which is also extremely impressive. Gary is also part owner of a travel company based in London, and in the winter they often shoot off for months to manage large ski complexes. So I know it's nice for members to decry the efforts of others here, but don't worry, they are doing just fine. They work extremely hard and deserve all their success.
DSB.
Aug 30th 2009, 8:07 am
#83
Joined: May 2006
Location: Galicia
Posts: 3,140
Re: Living in the sun in Spain.
Wow - 2years Sounds like they can't even afford to drop the darn price..
Surly the costs were cheaper when all the modernizations occured, IE-When the Sterling gave you more Euro.
That price is just bouncing away potential interests. Showing it online with that price there is NO need to view / all questions are answered already.
TOO MUCH.
.: I'll give them 390k cash :.
DSB.
I saw a classified on here for a villa with only 3 bedrooms for 300K pounds. So for an extra 90k you can get something a lot larger...bargain!
Aug 30th 2009, 1:45 pm
#84
Lost in BE Cyberspace
Joined: Jan 2009
Posts: 5,368
Re: Living in the sun in Spain.
I'd certainly give it an excellent rating having spent several days there. I have no connection with them whatsoever, but we were impressed with the place, and thought them an extremely pleasant couple. They have been in tourism for quite some time and seem to know what they are doing, very professional. And yes, they do speak Spanish, I think you would need to in Medina Sidonia anyway. Is the property worth the asking price? Unlike the experts here, I have no idea, but I never got the impression they were desperate to sell anyway.
Aug 31st 2009, 8:28 pm
#85
Concierge
Joined: May 2006
Location: ex ex-pat, in Taunton
Posts: 27,216
Re: Living in the sun in Spain.
did you see that show recently where to, lets be honest, "numptys" who worked in a factory all their life in the uk , bought a cafe bar in benidorm? i could have cried with how ignorant and silly they both were, but that's probably another thread entirely!!!!! Was it housetrapped in the sun or something?
Aug 31st 2009, 8:37 pm
#86
Democracy advocate
Joined: Mar 2006
Posts: 12,460
Re: Living in the sun in Spain.
I'd certainly give it an excellent rating having spent several days there. I have no connection with them whatsoever, but we were impressed with the place, and thought them an extremely pleasant couple. They have been in tourism for quite some time and seem to know what they are doing, very professional. And yes, they do speak Spanish, I think you would need to in Medina Sidonia anyway. Is the property worth the asking price? Unlike the experts here, I have no idea, but I never got the impression they were desperate to sell anyway.
May 6th 2010, 1:06 pm
#88
Forum Regular
Joined: Jul 2009
Location: Stockport & N. Wales
Posts: 37
Re: Living in the sun in Spain.
Many apologies for resurrecting this post, after being dormant so long, but I have only just come upon it ! 
Indeed, it brought back memories of some of the most entertaining, and amusing TV, I can ever remember.
Lee & Cheryl, were really a pair of 'Stars', without even realising it.
Lee's absolutely irrepressible optimism, coupled with Cheryl's long-suffering support, transcended anything which Ray Galton & Alan Simpson could ever have concieved.
Lee's brainwaves weren't in the least 'half-baked', these were FULLY baked !
It was just a shame that Channel 4 were so measly, with regards to royalties, because with a little bit of funding, Lee could be still giving you a hernia, today !!!
On enthusiasm alone, you gotta love the guy though, and hope FINALLY one of his schemes, actually WORKS !
Incidently, as far as Leapy Lee is concerned, he was still doing the Majorca 'circuit', last year, cooking his Curries, as me and the GF saw an upcoming poster in Magaluf.
Cheers
Fredthered
Indeed, it brought back memories of some of the most entertaining, and amusing TV, I can ever remember.
Lee & Cheryl, were really a pair of 'Stars', without even realising it.
Lee's absolutely irrepressible optimism, coupled with Cheryl's long-suffering support, transcended anything which Ray Galton & Alan Simpson could ever have concieved.
Lee's brainwaves weren't in the least 'half-baked', these were FULLY baked !
It was just a shame that Channel 4 were so measly, with regards to royalties, because with a little bit of funding, Lee could be still giving you a hernia, today !!!
On enthusiasm alone, you gotta love the guy though, and hope FINALLY one of his schemes, actually WORKS !
Incidently, as far as Leapy Lee is concerned, he was still doing the Majorca 'circuit', last year, cooking his Curries, as me and the GF saw an upcoming poster in Magaluf.
Cheers
Fredthered
Last edited by Fredthered; May 6th 2010 at 1:12 pm.
May 6th 2010, 1:33 pm
#89
BE Enthusiast
Joined: Jun 2009
Posts: 474
Re: Living in the sun in Spain.
You can download the whole show/s from Thebox
DSB.
DSB.
May 10th 2010, 10:02 am
#90
Just Joined
Joined: May 2010
Posts: 21
Re: Living in the sun in Spain.
some people have either no brains or simply far too much optimism!!!I missed that show, when was it on? Are there no shows on in the evening on UK tv like this? Weve watched them for years but i think i have seen every single "a place in the sun", and "a place in Spain" about 5 times each episode.