Cave Run Resort & Stables

What Kind Of Real Estate Do You Want?

Article by Sam Tinkenger

What do you think about when planning to purchase real-estate in Spain? Chances are your major concern is your budget. Next on your list are local facilities, access to transportation, and finally the climate. There will be exceptions of course, because some people immigrate to Spain for the climate. Other factors that enter into your decision making when you think of Spanish property will be, the employment/business opportunities. You already know that Spain has a lower cost of living and the absence of rush hours. Are you going to settle in an expatriate community? There are many throughout the country.

So, what kind of real estate do you want? Would you like to own an apartment, a townhouse, a villa, or fincas/cortijos? Are you thinking of a contemporary or historic property? Some finca/cortijo have separate guest houses large stables, a swimming pool, and large paddocks for horses. If you’re planning to stay for a long time, you’ll discover that these are usually irrigated, and planted as orchards. You consider restoring rural property. The best way to discover what’s best for you and your household, is to research your immigration thoroughly.

The Internet has numerous excellent addresses that allow you to learn and accomplish your research and preparation for your impending move to Spain. You will also discover numerous websites that inform you about the opportunities for purchasing real estate in Spain. You’ll also learn about the rules and regulations of this kind of purchase.

You’ll do well to properly search those websites and make contact those estate agents. Talk to expatriates on forums as well as viewing the discussion boards, will inform you about other expatriates experiences and their recommendations for estate agents. Property agents are not registered or governed in Spain. It’s very much buyer beware. The Spanish Bureaucracy doesn’t seem to know what will protect the buyer.

Don’t hand over any money to a seller without your Abogado’s advice. Remember deposits are non-refundable. Think about renting for a year or two after you arrive in Spain. This will allow you find out if it Spain fits your way of life. If you can, maintain a base in your homeland you’ll have an option should things not work out. Make sure that you purchase is fully legal. Your Abogado will advise you.

Choose professionals Abogado who will be your solicitor/lawyer that will assist you with the house buying process to keep things legal. You’ll discover illegal properties in Spain to make certain you get good legal advice. Do listen to the recommendations from other expatriates regarding a good Abogado. They’ve been there. Stick to your budget that you drew up when researching. Within the Spanish bureaucracy, property can always cost more than you think.

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