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Seems it's now safe to buy in Spain!

Seems it's now safe to buy in Spain!

Old Feb 17th 2011, 1:47 pm
  #31  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by cricketman
I would think 15 years ago was a way better time to buy. After all our landlord bought 3 flats at 50k each. Now he is asking 400k for each of them!

Spanish property has increased 4 times in real terms of the past 15 years so your statement is just silly, unless you know some properties with 75% off!
True. I bought my first Spanish property 17 year back,.... just wish I'd bought more at the time, as I had a hunch I might be missing the boat by not doing so.
Property may be decent value for money at present, but I wonder if it will increase in value by up to 800% in the next 15 year or so ?
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Old Feb 17th 2011, 1:59 pm
  #32  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by Dick Dasterdly
True. I bought my first Spanish property 17 year back,.... just wish I'd bought more at the time, as I had a hunch I might be missing the boat by not doing so.
Property may be decent value for money at present, but I wonder if it will increase in value by up to 800% in the next 15 year or so ?
Of course it will......and Belen E.Ban will become F de Borbon´s second wife.
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Old Feb 17th 2011, 2:15 pm
  #33  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by IDC
Hi
A little biased maybe. But having been working over here for over 20 years I have never seen a better time to buy.

Regards

Ian

So you didn`t buy 20 years ago when the prices were realistic
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Old Feb 17th 2011, 5:26 pm
  #34  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by JLFS
If you are sure that malpractice insurance for abogados does not exist in Spain, could you explain the following.


http://www.abogados.com.ar/nuevo-seg...-abogados/3102
I think... Though I'm not as Spanish as you;-) that the word "Nuevo" explains it!
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Old Feb 17th 2011, 6:11 pm
  #35  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by angiescarr
I think... Though I'm not as Spanish as you;-) that the word "Nuevo" explains it!
Granted it does say nuevo, I chose one at random and did not notice.

But for the folk that are not as Spanish as me, here it is in English, in black and white, so Angie pay particular attention to section 3 of the following, it may serve as a guidance for others as well as showing you where you are wrong...........

http://www.sparkeslawyers.com/advice.html

I have never had issue with any lawyer, but if you think that the information is wrong, you might like to contact them directly.
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Old Feb 17th 2011, 6:22 pm
  #36  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by whitelinen
Abogados are not lawyers in the English sense.

They have no duty of care to their client, many have no idea of current laws, none have malpractice insurance because it does not exist in Spain.
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Old Feb 17th 2011, 7:31 pm
  #37  
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Default Re: Seems it's now safe to buy in Spain!

I see coastal properties in England are now not the investment they used to be.... maybe renting is the best option in both countries??!!!!

http://www.bbc.co.uk/news/uk-england-devon-12425776

A luxury home bought for £1.7m in Devon just two years ago is now in danger of slipping into the sea.

Large parts of the garden have disappeared after the cliff face at Dawlish in south Devon gave way.
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Old Feb 17th 2011, 9:09 pm
  #38  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by JLFS
Granted it does say nuevo, I chose one at random and did not notice.

But for the folk that are not as Spanish as me, here it is in English, in black and white, so Angie pay particular attention to section 3 of the following, it may serve as a guidance for others as well as showing you where you are wrong...........

http://www.sparkeslawyers.com/advice.html

I have never had issue with any lawyer, but if you think that the information is wrong, you might like to contact them directly.
Thank you for your continuing efforts to educate me JFLS
It wasn't me who you were originally trying to pontificate at.
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Old Feb 17th 2011, 10:00 pm
  #39  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by angiescarr
I think... Though I'm not as Spanish as you;-) that the word "Nuevo" explains it!
I could have got the wrong end of the stick when I read this reply, if so I apologise for my mistake.
I took it that you were saying that the "malpractice insurance" being discussed was a new development and that it did not exist until very recently.

I know it was not you who originally siad that the insurance did not exist, it was whitelinen, and maybe I was mistaken in my reading of your post and took it to mean that you trying to say that it exists now, but only recently.

I cant see what else you meant by your above post, I only have my own interpretation of the meaning, so perhaps you could explain what you did mean.
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Old Feb 17th 2011, 11:12 pm
  #40  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by IDC
The truth of the matter is that if people are in a position to purchase NOW, they are really spoilt for choice........soooooo many wonderful Bargains are to be had.

Ian
Spoken in true estate agent speak...!

I agree with other posters here that the best time to buy was some fifteen years ago.
If only my husband had been brave enough for us to buy then, we could have had a huge villa with equally huge pool, and for much less than the price we ended up paying three years ago for our small casa without pool!

But we are living our dream and have no intention of selling, it really doesn't matter to us if the price goes up or down in the future, the only difference it will make is to the kids inheritance.....
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Old Feb 17th 2011, 11:17 pm
  #41  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by JLFS
Granted it does say nuevo, I chose one at random and did not notice.

But for the folk that are not as Spanish as me, here it is in English, in black and white, so Angie pay particular attention to section 3 of the following, it may serve as a guidance for others as well as showing you where you are wrong...........

http://www.sparkeslawyers.com/advice.html

I have never had issue with any lawyer, but if you think that the information is wrong, you might like to contact them directly.
Thanks for posting the link, it's too late for many of us here, but it's good advice for those about to take that leap of faith...karma for that.
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Old Feb 17th 2011, 11:40 pm
  #42  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by megmet
Spoken in true estate agent speak...!

I agree with other posters here that the best time to buy was some fifteen years ago.
If only my husband had been brave enough for us to buy then, we could have had a huge villa with equally huge pool, and for much less than the price we ended up paying three years ago for our small casa without pool!

But we are living our dream and have no intention of selling, it really doesn't matter to us if the price goes up or down in the future, the only difference it will make is to the kids inheritance.....
I liked the Harry Enfield character who had a sign up in his window 'I'm spending my kid's inheritance.'

Be happy. It's all that really matters.
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Old Feb 18th 2011, 12:52 am
  #43  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by bil
I liked the Harry Enfield character who had a sign up in his window 'I'm spending my kid's inheritance.'

Be happy. It's all that really matters.
I'm trying!
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Old Feb 18th 2011, 1:38 am
  #44  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by megmet
I'm sure we are all comforted by those few words of wisdom!
I wasn't being wise or anything. Just a lot of English have made a lot of money by purchasing property over here years ago and selling it for fortunes and now because it is not good market they scoff every time someone tries to make it seem good to buy here.
Also, the begginer of the thread has started the thread with an open title, with the opening post having no words. (Which I think is wrong, it's stupid) It would be like me turning to you in the bar saying 'Hey, guns are cool' Then handing you the paper with a news story about guns. He always requires a response and bickering between people on this site and he will always big up other ex pat sites (saying things like 'Oh this would never happen on other sites they are much more respectable' even though he causes most of the bickering on here. (I believe he is a mod on another site). I don't like him, it was nothing against you. That o.k.?

Last edited by Lushdaddy; Feb 18th 2011 at 1:39 am. Reason: Cat trod on the key board..
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Old Feb 18th 2011, 8:55 am
  #45  
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Default Re: Seems it's now safe to buy in Spain!

Originally Posted by bil
I liked the Harry Enfield character who had a sign up in his window 'I'm spending my kid's inheritance.'
Yes, that's us, SKI's.
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