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Property in spain, wot ya reckon

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Old 29-03-2005, 06:53 PM
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The Sludge
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Default Property in spain, wot ya reckon

who else is thinking of maybe moving abroad to live? As some of you know i want to got to spain and this is the latest property i have been offered. Wont be ready until july 2007.

Cost is an amazing cheap £130,000 and comes with

All of the properties have, wood floors, air-conditioning/heating, security alarm, fireplace in lounge, marble bathroom and swimming pool.

Within the community, sport areas including mini-golf, tennis, large social areas, restaurant, café/bar, meeting areas and gardens.

Only 5 mins. from Zurgena where all amenities are available.

Villas have electric towel rails in main and secondary bathrooms, Jacuzzi on solarium and mirrors with anti-steam system in main and secondary bathrooms.

Villa Carmen from 205,000 euros


Payment structure:

3000 euros deposit

30% on signing of contract minus 3000 euros

Rest on completion

Completion July 2007



Old 29-03-2005, 06:55 PM
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RSCAT
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the fact the authorities can TAKE your land off you if developers want to build on it for afordable houses scared me off.

must admit though, i would seriously consider a move as you cant fart in this country these days without some prick waving a fixed penaly notice under your nose
Old 29-03-2005, 06:57 PM
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The Sludge
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very very true dude. This is a new development so we are safe
Old 29-03-2005, 07:03 PM
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RSCAT
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ah well thas ok then, do it mate, ill be looking more into it in a few years.

im gonna blair first then do a runner
Old 29-03-2005, 07:05 PM
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RSCAT
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is that your own pool or communal? hope its your own as you just know youll end up sharing with a retired gadgy who cant keep it in
Old 29-03-2005, 07:13 PM
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Rhys
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Bit OT if u wanted to invest in property i would buy some apartments in China especiall Shanghai been looking at it and i reckon they will be going up in vaule lots.

lol if only i had the £

As For Spain seems good mate, though just make sure you like the lifestyle bussines out there, and learn to speak Spanish.
Old 29-03-2005, 07:18 PM
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people are scrambling like mad to snap up properties in marbella, they reckon the population will increase by 4 million over the next 3 years
plus theyve just rounded up alot of criminal toerags from there so should be a nice place to live
Old 29-03-2005, 09:09 PM
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nigel b
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make sure you find out about the communal costs

you have to find a decent lawyer as alot of the spanish will try shafting you
over many years we have found out how to do things properly

when you sell up the government takes 40%
Old 29-03-2005, 09:23 PM
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Clare
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My parents have just bought property in Spain, they did a lot of research before choosing what to buy but still the development over ran by 18 months from the original completion date given.

Their place is in Aguilas in the district of Costa Calida, its an area being heavily developed at the moment.

They initially signed up to pay just over £70k, they had a payment plan similar to the above, however they got stung when going to make one of the installment payments, something about the change in exchange rate and charges made by their Spanish Bank, it cost them about an extra £10k I believe.

I went out to the apartment in January and although it had all been signed over there were still very noticable problems that are still being worked on even now (the main one being the pool sprung a leak into the underground car park!).

Just be very careful when choosing your property, befriend the people buying property within the same complex, this helped my parents a lot and saved them having to go over and check up on it all the time, between 4 couples they shared updates and progress reports.

Make sure your Spanish solicitor has good spoken and written english as a lot of minor details were lost in translation, you will also need to pay for an English solicitor during the transaction which can be very pricey.

To fit air con/heating the builders wanted around £10k, but for a local supplier to install a similar system is only going to cost my parents around £2k so be careful of builders taking the p1ss.

Lastly, as said above, the communal costs can be very expensive, make sure you get these in writing before handing over any cash.

If you want me to ask my parents any specific questions etc... just gimme a shout
Old 29-03-2005, 09:27 PM
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RSCAT
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when you sell up the government takes 40%

fook didnt know blair was in charge over there as well
Old 30-03-2005, 05:56 AM
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Martyn
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My dad lives and sells property in marbella/malaga region, if anyone seriously wants some info i can give u his number.
He said its still as mad as it was with loads of brits buying over there, but told me 2 yeasr ago that the next big place is turkey, you can buy some serious houses over there dirt cheap!
Thats going to be the next big thing, you heard it here first!
Old 30-03-2005, 06:04 AM
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The Sludge
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Clare-thank you gor that bit of info well appreciated. We have been looking at Calida as well and you are right in what you say about developmenst all over the place.

rscat-it is our own pool matey

rhys-teaching meself spanish matey

nigel i am renting my house out in the uk dude all being well
Old 30-03-2005, 06:15 AM
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My Brother in law has just sold up & gone over to Southern Spain.

Think he brought an penthouse apartment with 2 en suites & a roof terrace for just over £110,000!!!

He's taken 2 young girls with him who've made friends straight away, he doesnt have to think about work for a few months due to the money made with UK property........but he's a Mechanic by trade so shouldn't be hard.

His reason for going were i can only assume are like everyone else's reasons.........The state of this countrys government/legislations etc. Its enough to drive anyone away!

I've always said if my missus fell pregnant next week, i'd seriously think about moving to New Zealand (Aussies whinge too much!! ) I have many Kiwi friends etc so climiatisation shouldn't be too hard.


And the shipping costs would be next to nothing as i'm in the industry!!

This government should stop & think about all the honest tax paying/hard working residence they're pushing to other countries
Old 30-03-2005, 06:23 AM
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I still live with my parents and they have been looking into moving to florida. If we sell our house that is worth approx £180,000 we could buy a 4 bedroom, 3 bathroom, villa style house with balcony, swimming pool etc for approx £150,000

Im going to go with them but only for a couple of years, as i wanna work in cyprus during the summer months, then decide what i wanna do once ive had my fun.

Ive always said id move abroad when im older, the way of life is so easy going and relaxed, chillin in the sun.

U got me dreaming now.
Old 30-03-2005, 08:40 AM
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Originally Posted by RSCAT
when you sell up the government takes 40%

fook didnt know blair was in charge over there as well
LoL that man is truly evil.
Old 30-03-2005, 02:00 PM
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Big G
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Originally Posted by martyn
the next big place is turkey, you can buy some serious houses over there dirt cheap!
Thats going to be the next big thing, you heard it here first!
They are building a new city over there at a place that starts with 'F' (fooked if i can remember)
A couple of my mates are over there now eyeing up places

Bulgaria and Croatia is still fairly cheap at the moment, but your best off buying from plans to get a better investment rather than a ready built.

Kenya (mombassa) is dirt cheap, 6 bedroom fully air con, massive pool and in its own grounds with large garden, own access to the beach £35k.

Sri Lanka is looking for investment at the moment so i reckon there could be some movement over there within the next 18 months or so.
Old 30-03-2005, 02:37 PM
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Originally Posted by * Rudey *
Kenya (mombassa) is dirt cheap, 6 bedroom fully air con, massive pool and in its own grounds with large garden, own access to the beach £35k.

yeah but ya gotta dodge zulu,s n tigers to go for a walk?
No tigers over there bush bonce
Old 30-03-2005, 02:56 PM
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john
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bush bonce
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