Some time ago I wrote about why perceptions of the Spanish property market as being in trouble uniformally were totally wrong. I contested that this viewpoint failed to take into account the issues around location and demand.
I continue to hold this view and now it is being demonstrated more prevalent among other commentators on the Spanish property market.
Sometimes I am shocked, stunned and dismayed by the lack of knowledge displayed by some owners of properties. The owner of this one shall remain nameless. See if you can guess by a few clues in this post which property I am talking about.
Just before the Liverpool match tonight I got a phone call from a property seller. She said that she wanted to change the price on her property. OK I said, “how much do you want to reduce it by?”.
Just a quick post this evening. In my last post on this blog I talked about how you shouldn’t be paying black money because of the tax implications, never mind the legal implications. However today I went to see a property and was tol by the owner that they wanted 60000 Euros in B not declared on the deeds of any sale. My actual response was, after stopping laughing, to say “Dream on!”
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:
Here it is then the start of our 100 tips for people buying property in Spain. Over the next few weeks and months even you will get 100 videos showing you what you should be thinking of when buying property in Spain. The tips are practical, logical, quirky, surprising and even controversial, just wait until you get to number 54 for example.
Some clients came over a couple of weeks ago and they have bought a property in Spain that is perfect for them and should suit their purposes down to a T. After my blog post recently advising a client not to buy a property in Spain it was a relief to know that the clients in this case are not living in cloud cuckoo land and know exactly what they wanted out of their property for sale in Spain. Let’s look at the facts.
I decided to make a video today based on the fact that I had some downtime while clients did some measuring of a place. Simply put one of the decisions to be made when coming to Spain is the “Do I want peace and tranquility or am I coming to Spain to actually do more?”