Holiday Villas Spain

BUYING PROPERTY IN SPAIN

Have you ever imagined buying a Spanish property? Purchasing your very own villa in Spain…as an investment, a holiday home or a retirement home? The dream of buying a property in Spain has been realised by hundreds of thousands of foreigners. Spanish Property is so desirable that literally tens of thousands of British and Europeans are packing up and investing in Spain.

Many people are now looking to escape British winters and unpredictable summers for a taste of the good life in Spain. Whether you are looking for the holiday home of your dreams, a permanent home in the sun or for purely for investment sake, make sure you deal with the friendly team of experts.

Most investors now agree that putting your money into Spanish Property is a 'sure fire' thing. With the Spanish housing market increasing by as much as 20% a year, many people are releasing equity in their UK homes to purchase a 'holiday home' in Spain. People buying 'off plan' are finding that their home has made a 20-30% profit by the time it is completed.

However, buying into the Spanish property market can be a minefield unless you are well prepared beforehand. It may seem the easiest option to buy property through an agent, but this can have its pitfalls, and buying Spanish property direct from owner will require a bit of knowledge and involve finding your own proper legal representation.

Unless you have taken regular trips to various areas of Spain, the chances are you won't have much of a clue about many things when it comes to buying a property in Spain. Location is just as important as it is when buying a property in your own country, knowing the local area, what you can expect in rents for that area if choosing to 'buy to rent', etc. so getting to know the area that you are interested in is essential. Spending a couple of months in rented accommodation in your chosen area will give you the best idea of what to expect if you were to move there.

Most Spanish propertiy is built with the holiday maker in mind. They are fine for 2 or 3 weeks holiday, but a nightmare for year round living. Lack of storage space is typical in new property, rural or mountain property is beautiful in summer, but can be isolated out of season. Living in 'real Spain' or in a typical Spanish Village can also be lonely, you will never be truly integrated, although being fluent in Spanish will help and in some cases you may acutally be unwanted!! Life on an urbanisation which is designed with foreigners in mind, will help with integration into a 'local community', and you will normally find organised activities, clubs and supermarkets stocking your native products.

Prices of property in Spain vary dramatically, obviously being far more expensive on the coast, (and again depending on what section of coast) and again it is important to decide on the intended use of the property as to where you should buy. 90% of holidaymakers prefer a holiday as close to the sea as possible, but in less popular areas, or inland, you can get a lot more for your money. We recommended Citrus Iberia International Ltd, which we for helping you with buying property in Spain. Their guaranteed low commission will ensure you are not paying well over the top for your Spanish property. Be aware that estate agents in Spain are not regulated, and some will add up to 30% on top of the asking price for their commission!

If you would prefer not to pay commissions at all - buy Spanish property direct from the owner. Any property in Spain on this site is advertised as 'for sale by owner', thereby avoiding additional costs of between 5 - 30%. If considering buying property in Spain this way, seek good legal advice before entering into negotiations or paying any deposit.

If you particularly interested in buying golf or investment property, try Spanish Property for Sale in Spain, who have an excellent selection of off plan and golf property.

If you are truly serious about buying property in Spain, we would advise you undertake a lot of research first. There are some very good books on the subject and one impartial e-book we would recommend is a step-by-step buying guide to buying property in Spain which can be ordered from the website.

Another recommended read is 'Moving to Spain', book of good, sound and totally impartial advice about all aspects of living in Spain, a story backed up by the facts. The book can be downloaded from the Moving to Spain Website