Costa Blanca or cost a fortune?

If-you, like many before you have ever dreamed of owning a vacation home in another country, have you ever thought how it might be easy to get your feet firmly on the scale of foreign ownership? Purchasing property in the UK, like most of us know, can be a lengthy process that holds no guarantees as contracts are signed, sealed and delivered, before having to wait for weeks without end judicial process unfolds.

However, buying abroad can essentially be such a trauma. There are so many sources of information these days that give us knowledge of the processes that take place to purchase a property in Spain for example.

We all love to watch programs such as location, location where families sticks and move abroad in search of a new life, but this is the end of the scale. For many of us own a property abroad is no longer a dream but a reality that is often cheaper than buying in the United Kingdom and recurring income, due to industry Recreation booming today, where people search for villas to rent, rather than booking in hotels in the areas of packaged holidays.

When you've made the decision to buy abroad, you then have to choose the perfect location. Would you somewhere on the coast or inland? Rural or built in a prime tourist? After all once you have purchased your property, you have to love the area you choose as it is for a retirement villa holiday home or permanent residence, Spain enjoying its benefits for most climates pleasant in Europe, combined with warm winters and hot summers long.

Search all of that in advance is essential. Take for example Spain again, there are three main areas of Spain that come to mind that they are the Costa Brava, Costa Del Sol and Costa Blanca. Each region has many advantages and disadvantages, let us concentrate on the Costa Blanca which provides wonderful scenic perfect blend of mountains and tranquil coastal retreats. Everyone has heard of Marbella, in particular the marina where many celebrities like to moor their yachts or Benidorm nightlife capital of Europe, it is the main tourist areas of the Costa Blanca, but most regions remain intact and secret.

Along the coast there are many fishing villages, quiet, still wrapped in Spanish charm. Among these is a small place called Javea, Javea is one of the ten villages around all closely related with Moraira is perhaps one of the best known. They offer a relaxed approach to life, which usually takes place at a slower pace and more generally the most calls, due to rural location, it is an ideal place for families to enjoy the actual experience Spanish and has many amenities nearby. Because of these qualities Javea begins to grow in popularity, not only sales Javea increased, it is becoming a prime location for retirement and permanent resettlement.

This leads to choose the type of property right for you, plus you have the choice between the existing buildings in Javea to appear on the real estate market, you really can design and customize your dream home, buying off plan or design your own villa will obviously take longer than necessary goods will always be in the process of building or completely in the planning phase. However if you have time can be very rewarding, especially if you buy at retirement.

For many of us with young families, one of our main concerns is whether the property has a pool? Most Javea villas have their own private pool or communal pool, with many services available for pool maintenance by the local property maintenance to keep a property with swimming facilities should not be a drama rather than .

Comparisons of the purchase price of buying a holiday home in Spain to buy a house in the UK do not differ greatly. House prices seem to be lower on the Costa Blanca, if you use a calculator to the Sterling Euro. If you are a non-resident of Spain, you can still be approved for a mortgage Spanish up to 70 percent of the total purchase price. You will also be required to pay a deposit of 10 per cent on the selected property. As an indication of an additional 10 percent of the purchase price should be set aside to cover legal costs, which include transfer taxes and VAT, notary and land registry fees and course fees for legal services . The buying process is usually faster than expected in the United Kingdom, but it is preferable to seek reputable legal representation to avoid unforeseen problems such as lack of planning consent.

The best way to view properties in Spain is through a real estate site, these sites provide incredible amounts of information relating to property, to choose a villa in the construction of new build properties, they can guide you through the minefield of buying and keeping you informed of the sales process, explaining the process of Spanish. Generally, these are provided free friendly advice.

If you plan to buy for example a holiday home in Javea, you can actually find it pays for itself, the rental of your property while you are not in residence is an ideal way to work your investment for you. There are many property maintenance services available throughout Spain, usually from local estate agents. They will be responsible for services provided, but it also offers peace of mind that if you're away from your property is supported.

My conclusion is if you aspire to own property in Europe, especially Spain, pound for pound you can make your investment work for you, with the added bonus of living or vacation in sunnier climes.


Anonymous said...

As an indication of an additional 10 percent of the purchase price should be set aside to cover legal costs, which include transfer taxes and VAT

Abdul Qazi said...

If you are a non-resident of Spain, you can still be approved for a mortgage Spanish up to 70 percent of the total purchase price.

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