
Cheap resale property
in Spain is our specialty. Cheap property in Spain is very sort after and
easily found in the Murcia and Albacete regions. Once you have found the
perfect location finding the ideal property is the easy part. That's
where we come in to help. We have fincas, cortijos, plots of land for sale, townhouses in areas such as Calasparra,
Cehegin, Bullas, Mula & Moratalla & all across the North West Murcia
and Albacete regions.
If you are looking for a cheap resale property in rural Spain - then we are sure we can help you - whether it be a complete reformation project, country house, finca, townhouse or a plot of land to build your own villa
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An old adage for purchasing a property in Spain is "follow the three l's" location, location, location as this is without doubt the most important factor.
You must consider the following - is this a holiday home? is it for permanent residence? each question may direct you to completely different areas and properties, and should be taken very seriously before you rush into looking at that "wonderful villa".
Next you need to consider employment - are you looking for employment? if so where is the best location? many believe that the built up areas offer a lot more opportunities than some of the less commercial resorts - that is not always the case, as the commercial areas have an abundance of commission only sales jobs and bar work, and a lot of people competing for them!
In some of the less built up areas (such as some of the areas around Costa Calida, and in particular the up and coming areas such as Calasparra), employment opportunities are far greater as the area is starting to grow, and there can be a higher demand for skilled labour
The easiest trap to fall into is to be swept away by the atmosphere and moment whilst in holiday, and people do tend to "rush in" and buy a home in the resort where they previously took their vacation. This is not necessarily a bad thing, but a couple of considerations should be made beforehand.
Tourist areas are packed during the summer, the bars and shops get overcrowded, your table at your favourite restaurant may be taken, beaches get overrun very quickly, parking can be difficult, the streets could smell like a thousand different types of foods (emitting from the local bars and cafes) and the noise levels will increase.
This is not meant to put you off, merely to remind you that sometimes being in "the heart of a tourist resort" is not always a good thing.
Moving slightly inland will offer great benefits - the property prices are usually lower than that of a popular tourist resort, the areas are quieter and closer to nature, the authentic Spanish surroundings and charm still remain and most areas have easy access back to the main resorts.
If you let us know your intentions, and preferred locations - we will be able to point you in the right direction
Resale properties represent great value for money in Spain, and the advantage is that you see exactly what you are getting, and what work (if any) needs to be carried out.
If you aim is to purchase a traditional Spanish home with charm and character; a building for renovation; a building with a large plot of land or outbuildings - you must usually buy a resale property
The buying process - your experience with our company
Once you have decided to
purchase a home with us - you will undoubtedly be excited and asked to place a
deposit on the property prior to your return home - deposits can vary
depending on price, type and area.
If you have decided to work alongside our appointed lawyer - he will make contact with you one or two days after you arrive home.
Contracts are now being drawn up and signed by the current owner(s) of the property. Once we receive these back your lawyer will check over all the paperwork to ensure he is happy for you to proceed with your purchase - at this time he will ask you to sign the contract of sale (which is in both English & Spanish) and pay the deposit (he will also send you all bank account details). It is important that this process is completed within 14 days of the initial holding deposit contract as the owner can then decide to place his/her property back onto the market. If for any reason you are experiencing a delay - you MUST contact both your lawyer and estate agent so we can contact the owners and discuss this with them
Your lawyer will advise you every step of the way herein - once deposits have been paid your legal representative will go about their business making sure the property is free of debt, obtaining NIE numbers (if required) and generally ensuring all is in order for your purchase to go through smoothly
Once this process has been completed - your lawyer will arrange a mutually convenient date for you to go the local Notary to finalise your sale. You will need to discuss with him/her what monies are required, and if there are special arrangements to be made at the bank - see if your legal representative can assist you.
A couple of helpful hints for your return to Spain:
Book a hotel room for the night that you sign at the Notary - just in case you find the house needs "more cleaning" than you imagined - not only that, but if your appointment runs late - you could find yourself trying to get things in order in the middle of the night!
It is worth arriving a day previous to your visit to the Notary to ensure your bank account is in order - also bear in mind you will need to go to your bank to collect the balance of the payment with your lawyer
You may need a gas contract & bottles - you will find that most resale properties have bottled gas - and that the previous owners would have removed the bottles - leaving you with no hot water or cooking facility
Remember "Siesta times". Leaving the Notary a proud new owner of a house at 3pm is not much fun if you wanted to go shopping to stock up your cupboards! But do not despair - it is probably to good time for lunch and a celebratory meal anyway
If you are moving home completely - ask your removal company to come one or two days after you arrive - to give your self time to get any minor works, or cleaning that is required