Someone in the UK said to me ‘Not sure I’m going to Spain
The beaches are clean, the Mediterranean
is still blue, the food is cheaper than last year, lots of cheap flights, great
deals on hotels and apartments but forget all that the headlines are bad!
Spain is still a great place for holidays,
working, living and retirement!
We bought our first house in Spain
We forgot to have our 10 year party!
I thought I’d write down a few reasons why we bought
and let you, the reader, decide whether some, all or none of the factors still
apply. This is random in no particular order;
- The
climate is great and the sun shines all year round
- It’s
two and half hours from home
- The
flights are cheap if your dates are flexible
- We
love the lifestyle, street markets, restaurants, entertainment, the beach
and I could go on
- House
prices are cheap compared with the
- A
second home is for the long term, especially retirement
- The
exchange rate is favourable
- We
needed and easily got a 50% mortgage
- We
found someone reliable to look after the place when we are not there,
giving peace of mind
- The
family think it’s a great idea
I could go on but I think those 10 reasons cover most
of why we bought in Spain
The fundamentals haven’t changed, there are bargains
to be bought BUT without question the biggest factor affecting the property
market is a LACK OF CONFIDENCE.
So here are three ideas
- Rent
before you buy in
- Always
get Professional Advice
- You
can get better rates for foreign exchange
Viva Espana
David Goodall
Financial Pages in Spain
