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Thinking of buying in Spain

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Old Mar 16th 2008 | 8:24 pm
  #31  
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Default Re: Don´t buy property in Spain or you will lose a lot of money

Originally Posted by twyntub

At least with renting, even if you stuck a drawing pin into a map of Spain and moved there... you could always move somewhere else if you weren't happy.

Good luck...
That's exactly the way we did it and we are still here over 4 years later!
Regards
Tim
 
Old Mar 16th 2008 | 10:13 pm
  #32  
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Default Re: Thinking of buying in Spain

Thanks everyone. Ive realised now that we wont know either way unless we just do it. We could ask questions til Kingdom come but experience is the only teacher. Thinking of moving in about 12 months or so - that will give us time to make a few trips over and decide where we would like to rent. As you say, if we dont like it then we can move on! xxx
 
Old Mar 17th 2008 | 6:56 am
  #33  
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Default Re: Don´t buy property in Spain or you will lose a lot of money

Originally Posted by Jeanie27
The advice you have been given is good - whatever you do, shop around first and do a lot of homework. We bought a house at a good price about 4 years ago and, although a Spanish family had been living in it, it wasn't really what I would have called habitable. It was, however, structurally very sound. We renovated it and it it is now on the market with several different agents, the majority of whom shove it on their websites and do nothing else.

The point is, the vendor states what price they want and then the agents add on their commission. In our case it varies from 1 agent asking 6000 euros right up to another asking a whopping 23000 euros. That has only served to push us out of the market as the house, lovely though it is, is nowhere near what they are asking for it. Ironically, the only agent who has put himself out is the one charging the lowest commission. In the end, we have decided to market it ourselves for the price we want without the agents fees.

As I said, shop around. You might get a bargain. Just because a house is on the cheaper side it doesn't always mean that there is too much wrong with it. Often it just means that a greedy agent hasn't grabbed it first. However, at the 'bargain end' do be prepared to do a lot of work. We have been into houses being sold as liveable that would have been condemned if they were in the UK.
Good luck
Sorry, but you can't compare the Spanish houses with the UK. If you did nobody would ever buy one !! My house had no electric, no running water, no toilet etc., and damp in all the walls when I bought it... and the walls were falling down.... No surveyor in UK would have touched it....but that's what Spain is like. You more or less buy it as seen ..... Good luck anyway.
 
Old Mar 17th 2008 | 10:23 am
  #34  
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Default Re: Don´t buy property in Spain or you will lose a lot of money

Originally Posted by sueandterry
Sorry, but you can't compare the Spanish houses with the UK. If you did nobody would ever buy one !! My house had no electric, no running water, no toilet etc., and damp in all the walls when I bought it... and the walls were falling down.... No surveyor in UK would have touched it....but that's what Spain is like. You more or less buy it as seen ..... Good luck anyway.
Yes, we could understand that. The first house we bought in the uk as a couple was basically a shell - had no water and you could see daylight throught the outside walls. It scared the hell out of me but we did it. We wouldnt dream of buying something that bad again at our age but we arent expecting to buy something brand-spanking new either. We`ve taken in everything thats been said on here... all good advice. We will definately shop around when the time comes to buy. Will definately rent first. ..... Thanks.
 
Old Mar 18th 2008 | 4:11 am
  #35  
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Smile Re: Buy a property in Spain !!!

I'm not sure how this forum thing works!!!
I've sent message earlier, but it hasnt gone on here, maybe it's gone to the wrong forum :curse:
Any way, I'm a happy buyer, just got my house in Castilla la Mancha (just on border Albacete/Murcia) and it was very good property, ready to move in, at excellent price - 55k euro
No delays, no silly promises, everything straight forward and completion in 1 week !!!
If you or anybody else still looking for inland house at low price, I really recommend to see these guys

Last edited by Mitzyboy; Mar 18th 2008 at 6:46 am. Reason: Removed url.
 

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