Relocation to Spain

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Mar 29th 2019, 9:45 am

Jamesbrook

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Relocation to Spain

Hello,
I have just retired and I am currently looking at properties in the Alfaz Del Pi area near to Benidorm.

I would appreciate some guidance on purchasing a property in Spain, the pitfalls and the best estate agents in that area. I have been dealing with Wunch Immo at Alicante who provide good video tours of properties.

Mar 29th 2019, 10:47 am

tebo53

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

HI James,
I can't help with property purchases etc as I rent but I retired to Benidorm about 5 years ago and if there is any specific questions I can help you with please ask.

Steve

Mar 29th 2019, 2:00 pm

Jamesbrook

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Re: Relocation to Spain

Quote:

Originally Posted by tebo53

HI James,
I can't help with property purchases etc as I rent but I retired to Benidorm about 5 years ago and if there is any specific questions I can help you with please ask.

Steve

Steve,
Many Thanks, one concern I have is getting my money out of Spain if I purchase a property and sell it, do you know if it’s difficult.?

Mar 29th 2019, 2:23 pm

Moses2013

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

The best estate agent doesn't exist and all you can do is look on the property websites such as idealista, fotocasa etc. You might find 5 different properties with 5 different estate agents and all you can do is go for the right property that suits your needs.

Mar 29th 2019, 2:42 pm

tebo53

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

Steve,
Many Thanks, one concern I have is getting my money out of Spain if I purchase a property and sell it, do you know if it’s difficult.?

I suggest, like many on here, that you rent a property for the first year while you get used to the Spanish way of life and requirements. Living here is very different from being on holiday. Have a look at transferwise for money transfers.

Steve

Mar 29th 2019, 6:27 pm

lyric030250

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Re: Relocation to Spain

What makes you think you will be able to sell a property � ��

Mar 30th 2019, 9:40 am

chrisjolly

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

Hi James, I suggest you fly there first, have a look around and then rent somewhere for six months just to see how you like it. Many people try and find out through the internet but to be honest that is not the best way. The best and only way in the end is to see for yourself with your own eyes and listen to what people say directly to your face. Good luck.

Mar 30th 2019, 10:09 am

bob_bob

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

Steve,
Many Thanks, one concern I have is getting my money out of Spain if I purchase a property and sell it, do you know if it’s difficult.?

Buying a property is easy, thousands of empty homes which make it a buyers market...come to selling it is a different matter. Why not rent for a year, renting is cheap compared to the UK.

Mar 30th 2019, 12:10 pm

dougal03

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Re: Relocation to Spain

Don't be discouraged James,I came to Spain 30 plus years ago.Always had a property in the Alfaz area.During the last 5 years I have bought & sold 4 properties .Just now am selling a property south costa blanca.And I am not a property speculator but since I retired from my business in Spain some 12 years ago,I have been investing my savings in housing & now just want to sit back instead.

Mar 30th 2019, 1:07 pm

#10

missile

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Re: Relocation to Spain

Quote:

Originally Posted by Jamesbrook

Steve,
Many Thanks, one concern I have is getting my money out of Spain if I purchase a property and sell it, do you know if it’s difficult.?

Quite straight forward. You just do the reverse of bringing money to Spain.

Apr 3rd 2019, 9:46 am

#11

Jamesbrook

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Re: Relocation to Spain

Many thanks to all that have responded, any further comments would be appreciated.

Apr 3rd 2019, 6:49 pm

#12

missile

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Re: Relocation to Spain

Don't be in a rush. Take short term lease in a few locations. A great location for a two week holiday, may not be so appealing for a permanent home.

There are certainly some nice properties in Alfaz Del Pi on that website. What is your budget?

There is no substitute for boots on the ground, go look see and I make no apology for repeating myself don't be in a rush.

Apr 3rd 2019, 7:13 pm

#13

Jamesbrook

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Re: Relocation to Spain

Quote:

Originally Posted by missile

Thank you, dealing with an estate agent based in Alicante that has quite a few properties in the Alfaz Del Pi area. Planning a visit soon to have a look.

Apr 8th 2019, 10:22 am

#14

citizen_of_Barcelona

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Re: Relocation to Spain

I consulted a lawyer last year regarding this point and he told me that you can move money to and from Spain with no restrictions. The banking sectors in Spain is strong and so far I had no problems.