TIFF

Been looking at Villas in Spain/Greece but dont really know what the ins and outs of owning one is with regards to Upkeep over the winter ect.

Anyone one here own one that i can pick there brains over

Stu @ M Developments

iTrader: (12)

Derek Burleigh's your man to manage the property correctly for you

Edited to add url:
http://www.bpsmallorca.com/

TIFF

Cheers Stu

He doesnt get one here much though, do you have an E-Mail addy for him ?????

Clare

My parents own an apartment in Spain, they pay a maintenance company to clean and look after it when they or other family members are not there. My Dad reckons its actually more expensive than you'd expect.

Can ask him specific questions if you want me to?

Stu @ M Developments

iTrader: (12)

Edited post above pal.

TIFF

TIFF

Clare

Thanks for the offer, i will be in contact

The Youth.

iTrader: (1)

My parents have a house in torreveja in spain, they bought it nearly 3 years ago ready for retirement (my dad is still working now!!) I love the place and get over there 2 to 3 times a year, they have some friends who live nearby it was them who helped sort out buying the place as they have done it before, it only took 4 days to wrap the sale up I record for spain so I am told!!
A soliciter handles everying so as long as you pick a good one you will be fine.

steve

TIFF

Steve

Was the soliciter from Spain, or was it one from over here????

Clare

You need one both sides of the water Tiffany

TIFF

You would wouldnt you

At least i know mine is Tip Top

Clare

IIRC you need a Spanish Solicitor whose English is good, not just spoken but written as well. You only need an English Solicitor near completion of the deal but they do charge a fair amount for their work.
You also need a Spanish Bank Account, your Spanish Solicitor can help with this but the Banks over there often try and rip you off so be careful.

As said, if you have any specific questions my Dad will be only too happy to answer what he can.

The Youth.

iTrader: (1)

this is my parents place it's the one with the yellow canopys, my son is poking his head out above the bush!
3 years ago you could buy places like this for £65K now you will only get half the house for that!!!



this was taken in nov 03 when we had a long weekend for £30 each!!!

nice view from the patio,of the wife and son! the fountain also gives that nice water sound that makes the beer flow even better on a warm sunny night, roll on july when I am there for 2 weeks

Clare

I turned down a 2 week holiday at my parents apartment for £25 return in June............. because it would mean i'd miss GT Battle at Rockingham, now my Dad just thinks im sad

The Youth.

iTrader: (1)

as said you need a spanish bank account and 2 soliciters one either side of the water, my parents use the spanish cam bank and they post the statements to england rather than spain, my parents don't rent it out (they say it's there home and so don't want all and sundry using it and don't need the extra income from it)
renting out is a very good way of covering costs, but make sure there is a good suplly of golf courses nearby as thats where lots of the income comes from, brit golfers.
a house my parents size (2 bedrooms) would rent out for £150 a week most of the year round.

steve

Westy

iTrader: (1)

Clare

that IS sad

Big G

£125 gets you a sighting week in southern Spain.
flights and 4 star hotel included, you get to visit properties and meet the people you need to meet.
Next ones going in 2 weeks.

Or Turkey i can get you a weeks sighting for £99 inc flights and 4 star hotel.

If you want a mortgage for it your best of using a bank over here as some countries require upto a 60% deposit (taxed) for Johnny foreigners to buy in their country

The Youth.

iTrader: (1)

I can beat that one, in july 03 I dropped my wife and son off at the airport on the saturday night, I was on track on the sunday at the durham/derby regional day at croft, I then flew out on monday morning to meet up with them!!
told her I had allready booked and paid for the track when she booked the flights when in fact I hadn't I wasn't missing the track at croft for anything!!

steve

slowpoke

weve got a apartment in the mar menor

fookin ace bit of spain i love it to bits

matt

The Sludge

cool post.

I am looking to move to Torrivieja area or like the costa calida area next year all being well. So much to do and organise though

TIFF

Thanks for all the input peeps

Westy

iTrader: (1)

no probs mate

TIFF

Derek Burleigh

Will Email you some info in the morning Tiff.

We only deal with properties in South West Mallorca, but all the property management companies charge similar prices so our info will give you an idea of what is involved.

TIFF

Cheers Derek

Could you send it here please

marktiff@ntlworld.com


Were your ears burning mate

It is something i have been thinking about for a while and i think i am going to look abit more into it. Would rather sink some money into something i can use and enjoy, then paying into a pension and seeing nothing for it.

slowpoke

ours is in los alcazares right smack in the mar menor

well worth a look mark its such a nice place ie hardly any tourists and it has its own airport too, murcia san javier which only has around 4 flights a day which arent allowed to land after 9pm

seriously cool place i love it there



matt

Westy

iTrader: (1)

serious post now lol

My parents thought about buying abroad, went and looked at a few, turkey cyprus.. the usual But then decided against the idea, as you pretty much have to go back to the same place all the time... If like me, new places are good Obviously, if you can afford to on hols and have this, then probably a good investment

Can see pos and neg about this

slowpoke

good thing to see new places i agree but on the other hand i can have a 3 week holiday for around 50 quid

plus if you choose the right place you will love it everytime you go

matt

st3v3

i will be a position to do the same later this year

will probably go for Turkey been there 3 times now and i cant fault anything about the place

Big G

Fetiya (sp) is supposed to be the place over there now for properties, a couple of the partners have just bought a place over there.


Tiff, is it just for you for a holiday home or would you be looking to rent it out

Big G

Depends where ya fancy

Los Gigantes, Tenerife - 1 bed apartment about £60k
Dubrovnik, Croatia - 4 bed villa 3 bath, pool, £60k
Fetiya, Turkey - 4 bed 4 bath villa, pool, £170
America - 4 bed villa with pool - around £100k

Big G

Same again, depends where you are,
Bulgaria i pay the guy £100 a year and management fee's of the complex are £7 a month, criminal innit

TimGR

let me know if you want to know anything about Greece.

Cheers