There are a lot of unsold houses for sale in Spain. You would think that the government would be trying to encourage sales to foreigners in every way they can in order to buy this surplus and maintain investment in Spain at higher levels than would otherwise be the case.
You would be wrong.
Spain has just introduced a change to the way that people apply for and get the NIE tax numbers which directly affects all foreigners coming into the country, wanting to invest here in the majority of cases.
When you are thinking of buying Spanish property there are lots of considerations. The main ones should be location, price and quality of course but even after considering these top three considerations you still need to avoid making the basic mistakes that anyone can make if they are not advised correctly.
Can you get your home comforts in Spain when you come here? Of course you can. However the further you get away from the coastal strip the more difficult it would be. There are a plethora of English produce shops along the coast in Spain supplying everything from PG Tips to Horlicks to the absolute anti Christ of foods, Marmite.
For many years the way to make a quick buck in Spain was to become and estate agent. So many people started in the estate agency business using a mobile phone, a diary and little else that at one stage there was 1 agent for every 200 people in Madrid for example. Remember that is 200 people not buyers. It includes babies, people in nursing homes, extended families etc… This was never sustainable of course when the crash came.
My particular experience of this is that around 13 or 14 of my ex clients became estate agents after purchasing through my company. Only one remains!
A Third of the way Through Our 100 Tips for Moving To Spain.
We have now uploaded 33 of our 100 tips for moving to Spain and today we get to number 34. The Notary is the essential part of any Spanish property transaction. Essentially they do the following:
The latest of our 100 tips for moving to and living in Spain is now up on our Facebook page. Go to Valencia Property on Facebook to see it here.
This one talks about swimming pools in Spain and what you should be thinking about when you are buying a place with a swimming pool. Do you know how to look after it?
The latest in our 100 tips for coming to live and possibly work in Spain. Have you thought about the cost of living and what you need on a weekly or monthly basis in order to make sure you do not overspend. 100 tips for coming to live in Spain for you in small bite sized video format.
Tip number 16 of our 100 tips for people thinking of moving to Spain. Getting around. Do you really need a car if you are living in a Spanish city and can you do without one if you are living outside?