If the first thing you are doing when buying a property for sale in Spain is thinking about the possible resale value then you are approaching buying property in the wrong way. Currently there is little value in the market for flippers of property because of the costs of purchase in Spanish property. When you make your decision to buy a property you will be paying 7% tax plus commissions and costs so you have to make sure you get it right. It is because of this that we at Valencia Property do everything we can to make sure that you make the right choice by giving you the fullest information possible.
All the latest news from Valencia Property
How To Navigate The New Houses For Sale In Spain
We have changed the look of houses for sale in Spain so I thought I best show you how to navigate the site and get around it. I missed one thing of course, don't forget the Google+ button on the right hand side. Would love to know your feedback about the new site.
Visiting Valencia, Where to Stay? The Options
Valencia has had the no vacancies signs out for a few weeks now. I have been told by lots of clients that they have had major problems booking accommodation for when they are visiting Valencia to look at properties. Firstly there was the Formula One, next weekend is Campus Party, the summer is full of events from Iggy Pop last night through to Seal, the Jazz Festival, the midnight beachside firework displays, the Champions' Tour showjumping, ATP tennis etc... (And that is a long etcetera)
The Lure of The Familiar
Spain has had a lot of publicity recently about the #SpanishRevolution with people camping out on the streets complaining bitterly about the political classes and the banks, but everything has been done in an orderly and civilised way. Other countries have not been so lucky. Greece has had riots, Egypt a revolution, most North African countries are going through the same process and as fuel prices rise the cost of getting to long haul destinations like Thailand, the Caribbean and the States (Not even mentioning the ridiculous checks at airports in The States due to the Homeland security laws) mean that suddenly the old favourites are making a comeback big time when people look for overseas property and places to get away to.
A Change Of Look For Houses For Sale In Spain
I thought it was time for a change. For a year and a half we have been using the Magazine theme for the site and I thought it was about time that we changed the look, freshened it up and incorporated more images and colour. I know that a lot of people come here for the actual content over and over because it is so good but obviously I want you to make this a regular visit when you are online. Also I want you to look at Valencia Property too because that is where we put the houses. Therefore you are going to have a few links on this page directing you there ;-)
The Spanish Government, Banks and Repossessions.
Up to now if you couldn't pay your mortgage in Spain you had three months and then the bank would start proceedings to embargo (Repossess) your property. The process would usually take around a year and at the end of the year when nobody bought it at auction because of the debt on the property, original mortgage debt plus around 35% costs on top, the bank would adjudicate it to themselves at 50% of mortgage value, sell it onto an investor, usually another financial institution, and then start the process of recouping the money from you for the rest of time, they could embargo a percentage of your wages above 648 Euros per month.
Looking at Property in a Different Way
Valencia Property started in business 11 years ago at the request of a friend to find him a property. About a year later we put the first website up and until about four years ago it was a total mess but did its job. About four years ago it became database driven after the previous webmaster had refused to do his job properly for a couple of years but the website was still a mess. Last December thanks to Steve at Microedge it became much more coherent and now makes sense for people arriving on the site.
Spain Is...
Spain is... First what Spain is not. Spain is not flamenco. Spain is not siesta. Spain is not mañana. Forget the stereotypes. The Opinion. Spain is an infinite loop of possibilities. (Speaketh the Apple Fanboy) Spain is enigmatic. Spain is still different.
Which Property Would I Buy?
I was asked the question which of the properties on the site would you buy if you were moving at the moment? For me there is no competition and I will tell you where and why in a moment but first let's look at why people buy property. Everyone has a different motivation for buying a property in Spain or anywhere else for that matter. Mine are as follows. I have three kids one of whom is away at University but the other two are small and want outside space if at all possible. I need 4 bedrooms therefore but also I need an office space, living room and decent sized kitchen because I spend a lot of time there. I am not too bothered about off road parking and I would prefer to have outside space and a pool but without the hassles of looking after it.
Valencia Property Video 300 Is Here
Well it is done! After all of your suggestions, some of them mentioned in the video, after quite a bit of procrastination, after placing a few secret videos as they were from my kids' concerts at school I have now finally finished the 300th public video on the Valencia Property You Tube Channel. That is a whole lot of videos. So enjoy and then look at some of the related videos below.
Feeling Awkward in Spain? Taking Photos and Videos
Today we have a guest post from Morten who writes for Javea Amigos. He has published this on Expat Forum but he said that we could use it as I thought that my readers might like it a lot. I did. It gets you thinking about different attitudes to life. I have also aded a photo here taken at my daughter's concert last week. It is like a Canon convention, so different to the attitudes prevalent in many schools in the UK. Anyway, read on about Morten's toe curling awkwardness! (Oh and you must read about bull football!)
A Hectic Week Of Valencia Property Photos
I have just spent a couple of days updating the website with new properties for sale in Valencia, not new build just new for the site. The reason was simple even if you don't believe it, so many properties have been sold recently that the Valencia Property site was looking a little bare.
Rooftops
One of the standard and enduring images of Spain is the little white house in Andalucia with views over the rooftops. It is a pleasant image and one that has attracted hundreds and thousands of people to Spain. There are other options rather than Andalucia though as evidenced by this property in Olocau. Simply put a lot of house for your money and great views over the rooftops.
Almost 300 Videos on the Valencia Property YouTube Channel
There are actually 299 videos currently on the Valencia Property YouTube Channel. I am looking for some suggestions for what to do with number 300 because it represents a bit of a milestone. What I thought I would do today here is embed a few to show what type of videos go up there and if you like you can then get over to the Valencia Property YouTube channel and subscribe to the feed so you see them as soon as they come out.
There's A Dead Clown In The Garden
I have been told the usual complaint about other estate agents many, many times, "but estate agents don't actually listen". Now I pride myself on listening to what clients want rather than taking them to what I want to sell them so when I saw this video this morning I thought it summed up the difference between my estate agency and many others very well.
Getting The Right Valencia Properties For Sale
As an estate agent in Valencia if there is one thing that satisfies me more than anything it is getting the right property at the right price and being able to offer it to the right client. This process makes my life a lot easier of course. This week the process has produced three excellent properties for clients who have already indicated exactly what they are looking for. So let's have a look at three very different properties in three price ranges and see what you get for your money.
I Love It When I Get Surprising Prices on Spanish Property
I was with a client yesterday looking for a flat in Valencia and I finally managed to contact the owner of a place that has been looking interesting right by the Central Market in Valencia. I have to say I was rather confused because I had seen it at one price from the owner and then also noticed at a considerably cheaper price through an estate agent. So I phoned up.
Walking From Rome to Ronda. Can you help out?
Andy, @RondaSpain, is walking from Rome to Ronda to raise money for ill children in Andalucia. His goal is to raise 2 million Euros in the next two years, the walk has an initial goal of 50,000 Euros, and he is currently passing through Valencia. How can you help?
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