Here at Valencia Property we often get thanked for making our descriptions of houses entertaining. whether that be funny, interesting or just plain weird. We are also asked often why we do this. The simple answer to that is to stand out a bit from the normal “Here is a two bedroomed, one bathroom apartment on the third floor” vanilla boredom. When you write a lot of descriptions this can quickly become extremely boring.
The concept of co-housing or communal living seems to be growing in popularity in Spain but it is a relatively new concept. As we mentioned in our article about “The Community” people in Spain have been living cheek by jowl and cooperating within their buildings for many years but the co-housing movement now takes the traditional community model and extends the concept somewhat.
Now though co-housing and communal living is becoming more and more popular in Spain due to various factors. However what we are beginning to see now are projects that are being developed specifically for communal living. Today we are going to look at what these concepts are and what they tend to offer.
No, this is not a blog about Bezos, Musk and Branson and their rather pathetic attempts to go into sub-orbit and call it space travel when their money could do so much more good by solving world hunger or trying to avoid climate change, this is about the flight towards more space in properties in Valencia which reflects the news coming out of other countries.
For those with the luxury of doing so, the pandemic has made us all think about the way we live. Less travel, zero commuting, larger spaces, an office room, fast internet, zoom calls, teleworking and a host of other previously marginal ideas have become mainstream. Of course this has been reflected in the property market in Valencia and Spain as a whole.
People looking to buy Valencia Property have a few choices, buy land and build, buy something that needs some work or buy the perfect package that is ready to move in. Projects range from a new kitchen and bathroom up to a total rehabilitation, there’s also plenty of scope for things that are a sort of halfway house between those two extremes.
We have looked into the buyers of Valencia Property over the last few years and can now reveal what people like you are buying and doing.
In our last post we told you about all of the things that drive us to distraction working in Valencia Property circles. Today it’s time to tell you about the things we adore, love and generally get a warm feeling inside from while doing the same work. I said about the last post when commenting about it on social media “Avoid these and we will get along just fine”, this time it’s more along the lines of “this is how we want you to make us feel after we have worked or while we are working with you”.
Now firstly, before reading this, don’t get me wrong. We love what we do at Valencia Property. There is nothing more satisfying than finding the right property for our clients at a great price and helping them to complete and settle into Valencia. However, there are little things that frustrate us, maybe even irritate us and sometimes, yes… there are things that absolutely drive us up the wall. Today, we thought we would have a rant… just so you can have a laugh at our pain, our misfortune, our suffering. And yes, we know we are fortunate to be able to do what we do in such a beautiful place as Valencia and we are not really complaining…
Well, maybe just a bit!
Sometimes when you are looking for a property to buy in Valencia or elsewhere there are certain things you need to know. If you make a mistake it can end up costing you big time in terms of wasted money, wasted time and huge frustration. So today I thought it time to let you know about the biggest mistakes you can make when searching for Valencia Property and what those mistakes can mean for you.
I wrote something on Facebook last night about what is happening in the Valencia Property market and I promised to expand on why I think this is happening.
Let’s get the caveats out of the way. We are sure to be called liars and typical agents talking up the market and stuff but, as Rafa Benitez once said, here are some facts:
Today we tried to arrange some visits for a client for Friday. Out of the ten properties we wanted to see five have sold in the last week. All have deposits left on them and mostly at asking price!
I was encouraged to write this article as a result of a few interactions recently by our agents. In the body of the article I will detail what happened and how this makes it more difficult for us, and indeed you, to find your ideal Valencia Property. Firstly though let’s lay out the ground rules for this post.
The vast majority of people looking to buy Valencia Property work hand in hand with us, sharing interesting properties, their thoughts on each property they see and they give us their wishlist, allowing us to trim down potential properties that will suit their needs so they only see the best.
This may not seem very important at the moment when you are locked down and unable to travel but it looks like Spain will be opening up for the summer perhaps with a vaccine passport, perhaps through travel corridors. Most people are talking about being able to go on holiday safely but others are waiting to be able to come to Spain and buy their new home or holiday property.
We have our own website which we keep up to date at all times of course. As soon as a deposit is left on a property we mark it as under offer or sold and then once the final signing comes we take it off the site.
Unfortunately, the property portals are not as quick as us. They use a system of feeds taken from individual websites which show properties and we pay for the privilege of putting our properties on their sites because in theory they have greater reach and we should get more enquiries
Covid19 is a pain in the butt. There I’ve said it. There are more restrictions in place in Valencia right now but as far as we understand it we can still show properties at least as I write this. We are being ultra careful with the way we show properties: Social Distancing, hand sanitizer, multiple cars, windows open etc… where possible but the process of buying continues to work.
We completed our first sale of the year today at the notary and also took a client to a second visit of a property they are very interested in up in Naquera. This week has also included the acceptance of an offer for a place in Valencia City for our highest ever sale price in the city.
We currently have three sets of clients here looking for the Spanish Golden Visa and their ticket into the Schengen area through purchase of property in Spain, one American couple, one Australian and our first British clients taking this route to maintain their freedom of movement (They didn’t previously need it of course)
It has been a slow start to 2021 in Valencia. This always happens due to Kings Day on the 6th January (Epiphany) but this year it has seemed slower. We were due to have a signing today, 8th January, but it has been put off until next week as the bank sent the papers for the mortgage to the wrong notary (Spain happens) and then the regional government put in place new restrictions on movement including some towns completely shut down, see below, and then the weather decided to go really bad and maybe we will get some snow, Requena already has some!
For what is maybe our final post of the year we thought it was time to look back at what was learnt in 2020, a different year of course, the year of Covid and Brexit, what many people have called the worst year ever. However, in terms of Valencia and its property market the year wasn’t too bad.
In short the market continued, it adapted and working methods changed.
We always bang on about how great Valencia is to live, we know we do. We do it because it is. We say Valencia has a great mix of everything you want in a place to live and it’s true. You don’t have to believe us of course. But if you aren’t going to believe us who should you believe?
How about the people who live and work here?
Last week we published our post about how to add value to a property in the city, usually an apartment. You can see that post here. We said we would return to this subject and look at houses and villas so today it’s time to do that. And remember as a buyer this is what you can do in many cases after purchase to increase the value of your property immediately without any building costs, projects or licences.
However, bear in mind that everything we said in that post needs to be done in a house too. The below are the extra things that need to be done in order to maximise value in a house. And some of them cost considerably more than the basics in the last post.
In general, people in Spain don’t tend to present a property for sale. if you do then you already have an advantage as the initial impression is “cool” rather than “omfg”.
As agents, we go round to take a look at a property, give suggestions for easy changes to make, value the property and start marketing it once everything is agreed. Once we get the first visits we go back and generally find out that nothing has changed
It has been a busy weekend in Spain as the government announced that it will be seeking support in Parliament to implement a State of Alarm throughout the country until May 9th 2021 in order to give regional governments the possibility of controlling the Covid-19 Pandemic. Obviously this will have repercussions in the Valencia region and on people visiting in order to buy property in Valencia.