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Buying property. Yay or nay?

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By (user no longer on site) OP   
over a year ago

Hi everyone!

Wondering if anyone thats purchased properties (homes or apartments) has any advice/opinions to share?

Keen to hear from those on the mainland as well as how it may be different from the islands.

Our purpose is because harry has a health condition which weve found improves in a warmer climate so keen to find somewhere thats a bit warmer than the uk to stay during the colder winter months.

Do you recommend spain? Has it been easy to adjust for those that have moved from the UK? Is the weather much of an improvement in december? And if we return to our home in the UK for the summer months, does it make for a good investment?

Any advice or comments are much appreciated!

Harry and zito x

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By *batMan
over a year ago

Alicante, Spain. (Sometimes in Wales)


"Hi everyone!

Wondering if anyone thats purchased properties (homes or apartments) has any advice/opinions to share?

Keen to hear from those on the mainland as well as how it may be different from the islands.

Our purpose is because harry has a health condition which weve found improves in a warmer climate so keen to find somewhere thats a bit warmer than the uk to stay during the colder winter months.

Do you recommend spain? Has it been easy to adjust for those that have moved from the UK? Is the weather much of an improvement in december? And if we return to our home in the UK for the summer months, does it make for a good investment?

Any advice or comments are much appreciated!

Harry and zito x"

I love Spain and I've got no plans to ever return to the UK other than to visit.

The weather is very different in the south when compared to the north. It's much wetter and a lot more snow up there! Where I live, you'll still need sunscreen on quite a few days during the winter.

It's also worth noting that inland Spain is very different from the touristy coast, much more authentic and in fact usually cheaper.

But if you've got non EU passports, it's not so simple since Brexit. Unless you get a specific visa, you can only stay for 90 days out of every 180.

If you want to rent your property out when you're not using it, you'll need to get it registered for rental and pay tax in Spain.

My advice? Come down for an extended holiday a few times. Rent somewhere and see for yourselves.

Gbat

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By (user no longer on site)
over a year ago

Yes its a great place spain but because of the 90 day rule you must apply for residencie unless you have an irish passport

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By *batMan
over a year ago

Alicante, Spain. (Sometimes in Wales)


"Yes its a great place spain but because of the 90 day rule you must apply for residencie unless you have an irish passport "

That's not quite true. You can still stay for periods of 90 days in 180. That suits a lot of people that want to split their time between Spain and another country.

And of course, you don't necessarily need an Irish passport, any other EU passport will do!!!

Gbat

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By *cuk4funCouple
over a year ago

city centre

Why buy when you can rent extremely cheaply in winter months. Estate agents fall over themselves trying to get clients villas etc rented for the off season. Also you can rent in various locations and eventually ye may decide to buy but you should def rent first wherever you go as sometimes the grass ain't always greener

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By *batMan
over a year ago

Alicante, Spain. (Sometimes in Wales)

Yeah, but Fabswingers is definitely NOT a publicly traded entity.

Gbat

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By (user no longer on site) OP   
over a year ago

Thanks so much youve all given amazing advice. Exactly what we needed to know.

In particular were definitely going to keep renting first and inland being cheaper than costal areas in mind

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By *illynmintCouple
over a year ago

liverpool

If you are a UK resident buying a property in Spain or the EU has many issues to overcome. Especially if you are still working. You need to look close at the fine detail. If you are an EU resident. Adios lol

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

As I've said many times on similar threads.

Do not just jump in and buy a place after a quick look around. Many have and regretted it.

Pick the area you may like and then either rent for a few months or visit a few times, and at different times of the year.

Paradise in July can be hell hole in January. Or vice versa.

Beware of the inland trap. While the property prices may be tempting (much cheaper the further inland you go) sometimes infrastructure can be seriously lacking.

The weather can be very different inland. Much hotter in the summer and colder in the winter. Also in rural areas English isn't widely spoken so you would need to have at least a grasp of Spanish.

Our area (Orihuela Costa 50kms south of Alicante) isn't for everyone but we like it. A very international community, very busy in the summer and still lots going on in the winter. A 2 bed apartment would average around 80/90,000é, town houses from around 120k and detached villas from around 200k.

Temps average mid 30's in the summer and mid to high teens, sometimes low 20's, in the winter. But can be a bit chilly at night.

Last but not least check out how the 90 day rule applies to you.

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By *ouple VCouple
over a year ago

South East

Hi

We bought in December last year. We went through agent. Be lost without him and the Solicitor. Took all the stress away. The best 1,600 ever spent. Went through the documents online to fill out. Step by step. Brilliant.

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