Purchasing a Property in Spain by Allison Thompson
You are looking at the possibility of buying a property in Spain, whether to actually become your permanent base or as a holiday location? Where do you start? Below I provide you with points that you may consider when looking for your ideal property. ... However, if these can not be provided then do not proceed with the purchase, but any respectable real estate agent would already have been provided with sight of these documents. ... You will find that many of these companies are owned and run by people who are now residents in Spain and will be able to provide you with information on the...

Securing the Best International Mortgage for Your Home in Spain by Rhiannon Williamson
Are you one of a growing number of people planning on buying a holiday home in Spain? Or have you decided to expatriate, buy a Spanish home and live in it permanently? If so, you may be about to begin your hunt for an international mortgage to purchase real estate abroad… The task of finding... An example is Lloyds TSB in the UK which offers resident Britons who already own a home in the UK an international mortgage scheme specifically for the purchase of real estate in Spain. ... 2) Local Spanish Mortgages As Spain is largely geared to the foreign property buyer it’s often possible to...

Alicante to Mar Menor - You can Still Find Cheap Property in Spain by Karen Milacic
The Murcia region in Spain benefits from some of the most beautiful coastlines of Europe. Nowhere else will you find so many fascinating contrasts - with Spanish Mediterranean architecture, magnificent mountain ranges and beautiful long sandy beaches. ... If you are looking for properties for sale in Spain, look no further than Villa Angels - your friendly real estate agent in Spain. ... Real estate in Murcia is buoyant with many people from northern Europe looking for bargain property deals in Spain.

Real Estate Finance Overseas by Rhiannon G Williamson
After the technology bubble burst back in 2000 the stock markets suffered a bleak period of decline and investors chose to place their focus on bricks and mortar rather than falling share prices and they began investing heavily into real estate. As a result the second home and the buy-to-let... 3) The final option available to the majority of real estate investors looking to finance the purchase of a property abroad is an international mortgage provided by an international lender who usually has experience in the country from which the borrower heralds and also in the country in which they...

European Second Home Prices Wilt in Drought by Michael Johnson
Spain and Portugal have suffered one of their worst droughts on record this summer, with consequences from empty swimming pools for the tourist to economic disaster for farmers losing their crops and livestock. Roger Munns, Managing Director of Tribune Properties, predicts that property prices... We normally see villa and apartment prices being dropped mid September onwards when the tourists and potential buyers are thinner on the ground as some owners are keen to sell and don’t want to wait until the following Easter before having a real chance of selling again.’ The drought isn’t the...

Uk House Prices Rise - So What Does 2006 Hold For Us In Spain? by Mark Mountney
A good part of the local property market here in Almeria is driven by external factors i.e. investment income from countries such as the UK where economic conditions have a bearing. The UK is a major driver of the market here so it is always nice to know what is going on back home as that gives... However, individuals may soon be able to take advantage of property investment tax breaks by using a Real Estate Investment Trust to invest indirectly in residential property. ... The decision by Gordon Brown not to allow residential property to be included as part of a Self Invested Personal...

How to Afford Your Dream Home by Rhiannon Williamson
Is it your dream to one day own a holiday home in the sun; a beautiful house where you can escape, relax and be free of the worries that seem to go hand in hand with every day life? Well, you’re not alone! A recent survey by a well known mortgage lender in the UK revealed that up to one in three... The most popular destinations for second homes like Florida and Spain are very well documented and there are literally thousands of real estate agents to help you find that pricey holiday villa or apartment.

How to Buy a Holiday Home Abroad by Rhiannon Williamson
The thought of owning a second home in the sun or a ski lodge or mountain retreat where we can escape whenever the mood takes us is of course a commonly held dream. And with the simplification of re-mortgaging facilities, the affordability of home loans and the growth in underlying equity many... Whichever country you’re considering, do research into the laws relating to foreign freehold ownership of real estate in that country and on the projected prospects for the property sector over the medium term – all this sort of information is available on the internet.

Scrooge Hasn’t Got It All Yet! by Mark Mountney
It’s the season of goodwill when ordinary folk tend to give more than they receive and, apparently, the Brits are the most generous of Europeans when it comes to spending on gifts for our friends and family. But it would be nice, wouldn’t it, if we could get a break to recoup some of the endless... So the real estate industries, both here in Spain, back home and throughout Europe, who saw the potential of marketing the concept to would be buyers, now have to think again! ... On a slightly different note, Chancellor,Gordon Brown, in his pre budget speech earlier this month, made a surprise...

5 Reasons Why you Need a Mortgage on a Property in Spain by Mark Mountney
I choose the word ‘need’ carefully for it is more urgent than the alternative ‘want’ and adds more strength to the issues discussed. For most readers though the ‘need’ word will apply, perhaps not in all cases, but certainly in some and I would stress an understanding of how the issues impact you. ... Some examples of why, for the majority of people owning property and have their homes here in Spain, that there is a ‘need’ to have a mortgage in euros. ... Chances are that the beneficiary of the estate, the kids, will be earning more than the parents now, so why shouldn’t they pick up the tab?