Now you are able to find out more about property all around Spain through our new sites and agreements in place I thought it was time to actually point out some amazing bargains in other parts of Spain apart from Valencia. Today we are concentrating on Iznajar in the Cordoba area of Andalucia.
If you are looking for the Real Spain then you could do a lot worse than the quiet inland town of Iznajar. Set around the beautiful Lake Iznajar property in the area has been compared to that in the Alpujrras made famous by the writing of Gerald Brennan. Quiet and yet just an hour away from the Costa del Sol, Iznajar has many attractions for you as a visitor or resident and that is the point of the main property for sale we have here
I have just received this in my inbox and find the original prices rather unbelievable but the new prices for quick completion at 100% mortgage too if required very tempting.
A great offer for holiday home seekers, people looking to move to Spain permanently and for investors. We have been asked by a local bank in Murcia to sell the remaining properties on these 4 developments as soon as possible. There is potential mortgage financing subject to status up to 100% on both sites and clients are urged to act quickly. Read on for full details and act fast if you are interested.
Sometimes you get offered the chance to buy a company as opposed to a house. This is often the case in Portugal where houses are bought as company assets and therefore you get a chance to buy a company and paying a lot less tax. However in Spain this situation is slightly different.
Before buying a business in Spain there are many factors you need to look into.
If you are going to buy a Spanish property then you first need to identify a place you want to buy. Up to there everything is clear. However when coming to an agreement with the seller there are seven levers in the negotiation process, a couple of them peculiar to Spain alone.
I have just been reading an extraordinary story. The only strange thing for me though is it puts figures to something that I already knew, ie in the vast majority of cases you should not buy property from banks.
Here is the question.
Two similar flats in the same block, same size and everything. One is available for sale for 110k and the other for 160k. One has just sold. Which one and why?
Of course if you look at the actual price the house is not the lowest in Spain because it is so large but this house for sale in Sagunto is the cheapest house for sale in Spain, or at least in the Valencia region per square metre. It also runs successfully as a “Casa Rural” making a decent income each year and this summer it was rented for 16 out of 20 weekends with a couple of full weeks thrown in for good measure.
In the last blog post I talked about why you probably don’t want to buy a repossessed home through a bank in Spain. This is true for about 95% of that type of stock but every now and again some interesting ones come up. This is because you need to understand the different types of property that the banks have on their books and how they came to have them.
Finally after years of inaction the Spanish Government has acted to try and cut the backlog of new build homes by slashing the VAT rate on new build property from 8% to 4%. It is described as a temporary measure until the end of the year. This is good news for the new build properties that we hold in various parts of Spain that have already been slashed in price. Ally this to the weakening Euro, the pound was at 1.15 Euros yesterday and Spanish new build property has just become much more affordable. Look out next week for a post about our properties at half price in Desert Springs, Almeria, Benidorm and Murcia.