Thursday, April 26, 2007

Moving Inland - Spanish Country Property

Go back ten or fifteen years, Spain's coastal regions were still very much untouched and blossomed with natural beauty, however with the massive influx of foreign property buyers Spain has seen an unfortunate decay along the coasts which has been caused directly from the greed of builders, construction companies and Real Estate agents pushing for more developments which will probably never be completely filled.

The countryside regions that still hold the beauty, tradition and way of life that so many dearly love about Spain are still very much thriving and benefiting from the recent rise in population. The scenery has not been spoilt and views that will take your breath away still exist, the government has taken upon itself to protect more and more of its beauty spots with new laws which will protect the countryside that is of great importance to Spain.

Not only for permanent living but also for overseas property investment with prices starting in places such as Granada, Jaen and inland Valencia from only 20,000 euros! Business wise buying inland is a great investment opportunity as already prices are beginning to rise and as things look set to continue, many property renovators are also looking at such areas to find a country property bargain to reform and place back on the property market to make a good return on what they had paid and for the work put in to the property.

Local tradesmen in the small country villages are cheap to hire and plenty of them to call on, materials are way below coastal prices and easy to come by, so in all restoring a property in a small country village is not as expensive as first might seem.

Many dream of purchasing a property out in the countryside in the UK but due to the high property prices are a distant dream, with Spain that dream is within easy reach of claiming, second home owners can easily afford such a property.

What is so great about the Spanish countryside and property in these regions is that the properties are all unique, coastal developments cram in so many similar or exactly the same properties into a small plot (urbanization) and sell them for ridiculous prices. Inland properties are more or less completely different and boast great character that you will not see along the coasts.

So how do you go about it?

Firstly, decide what use the property will serve? Permanent living, second home / holiday home, renovation / restoration project or investment? Do some research on the different areas such as Granada, Jaen and Valencia; some people will need different requirements depending on your situation.

Use and choose a trusted Spanish country property specialist that will be able to advise and assist you throughout the purchase process, help with your needs be it for building materials or simply normal domestic household equipment, local information and contacts to get you on your way and finally to make sure you have made the best decision for you and your family.

Your agent will make all the necessary checks on the property, but getting an independent solicitor or lawyer to do the paper work will stop any unnecessary problems from occurring.

With all the bad press in the UK about horror stories of buying property in Spain making the right choices and decisions, not rushing in a putting a deposit on the first house you see and standing back to assess the real situation with save a lot of heartache and stress. Be aware of the Spanish laws on property, taxes and costs to increase your knowledge so you are not walking blindfolded into a situation that others have found themselves in.

Buying a property in Spain is not hard and certainly not a risk as long as you know what you are doing and what you should not do – and what other better place to do it than inland rural Spain…

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