The price of housing in Spain has been falling dramatically in recent years. Since 2007, prices have fallen by between 35 and 50%. This situation can be assessed as terrible for vendors saw housing, however it is a real opportunity for those who are thinking of buying a home on the coast of Spain, either for a holiday or permanent home.
Currently, buying property in Costa Calida is safe and easy. The tips we can give are:
The legislation of each of the European countries is not the same, therefore, you should not come to Spain thinking that if we have a home buyer in Denmark, the steps are the same as in Spain. They although the law and procedures may be similar, will never be exactly the same. It is much more careful than you would be in your country. Try to check three times the paperwork, I was skeptical with all the information that comes to your ears, and try to fix everything that is spoken in writing.
This, although it may seem obvious, is repeated often. People bears the signature on documents without knowing what they say. Always check with your lawyer all the documentation, and estate aware of any hidden pay that has not been negotiated amount.
Any property that is in an urbanized area must have installation of water, electricity and telephone. If housing does not, it will not be a developed land, and therefore it is possible that they can never enlist these services.
Try to put yourself in the place of the seller when seeing the difficulties that can lead to sell that property. Review all those aspects that could roll back to future buyers. By definition, nearly all investments abroad may not be forever.
Choose the location of the property carefully, especially if you go to buy a house to live permanently in Spain. Tries to escape from the ends. Should not get into a ghetto or expatriate, or go out of civilization. Falling in love with homes with good views, but social life is not advisable. He thinks it is convenient to live near services and entertainment of all kinds.
The real estate crisis in Spain caused that there are many homes for sale. However, do not be carried away by the low prices. There are usually good reasons behind a very reduced price. Try to find the cause of the original premium, and stay skeptical before too cheap properties.
If you need advice during the purchase of your home on the Mediterranean coast of Spain, contact EUROPAHUS. You tell us what you have in mind, and we take care to provide as many options according to your budget and preferences. In our web catalog you can find villas, apartments, townhouses, bungalows, and all types of properties you can think of on the Costa Calida and Costa Blanca. From Mazarrón to Denia.
Call us today!