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Spanish Property Finders

I came across Spanish Property Finders and Developers after going to Spain on many occasions chasing the return of my deposits on some failed off-plan developments. I found that you can get some good deals in Spain right now due to the adverse market conditions. I was representing our Action Group seeking the return of our deposit funds through Spanish Solicitors when I came across some spanish real estate deals that we could have only dreamed of when we put our deposits down on our off-plan properties. I asked the Action Group if anyone was still interested in buying in Spain and 25% of them said they were, especially since there are some good deals around right now. This blog gives some of the information I have been obtaining to pass on to our Action Group members.

Possibly the Nicest Place to Invest in Spanish Property
Tuesday, February 15, 2011

I got introduced to this area of  Spain by accident. However some of my late mother's friends found a home here after scouring Spain for a nice area to retire to. In fact there are many people from UK and Ireland that have made this their second, or even first, home. It is also only just over an hour's drive from where the proposed Paramount development will be so there is a lot going for it both now and in future.

Currently there are also some very good property deals there. At the weekend I was there and I saw an offer for 100% mortgages that also included all legal fees (including taxes!).

kingofspain999@googlemail.com

Read the article below for further info...

THE LEVANTE AREA OF ALMERIA

Nestled in the north-east corner of Andalucía, the eastern part, or Levante area, of Almería province is a land of contrasts: a land of rural idylls and lively Mediterranean resorts, a land offering the great outdoors side-by-side with interesting towns and sophisticated nightlife, a land which has preserved the best of its traditions, but which has also moved with the times.

The enviable year-round climate is undoubtedly one of the Levante’s main assets for both holidaymakers and residents, making it possible to make the most of everything this privileged corner of Spain has to offer. Beginning with the spectacular coastline, the Levante boasts beaches and places of interest to suit all tastes and preferences.

There are the family-friendly fine golden sands and tranquil bays of San Juan de los Terreros, the rugged allure of Cuevas del Almanzora’s hidden coves and the picturesque fishing village of Villaricos. There is the vast expanse of Vera Playa’s outstanding beach, where even in mid-summer there is always plenty of space for everyone. Or you might prefer people-watching on the promenades overlooking Garrucha’s and Carboneras’ working ports.

Mojácar Playa has beaches for all moods, with buzzing bars and eateries and hip and happening nightlife, as well as its “off the beaten track” surprises. Then there is one of the jewels in the whole Mediterranean crown: the Cabo de Gata Natural Park, with its dramatic landscape of volcanic origin and its truly beautiful beaches, including sweeping bays regularly voted as among the best in Spain.

Heading inland, again it’s a case of spoilt for choice. Just a few kilometres from the beach stands Mojácar Pueblo, a picture postcard village of little whitewashed houses and impossibly winding streets clinging to the mountainside. From here there are panoramic views across to the equally character-filled mountain villages of Bédar and El Pinar and to Sierra Cabrera and its Moorish-style "cortijos”. In fact the Levante’s interior is peppered with any number of delightful villages and towns, each with their very own rustic charms, and surrounded by hillsides of olive, almond and orange groves.

The dramatic mountain scenery of Los Vélez and the area’s important historical monuments and impressive castle is another side to the Levante. There is also Sorbas’ fascinating gypsum karst and intriguing caves, and its town with its curious hanging houses overlooking a steep ravine. Yet another of the Levante’s must-sees is the Tabernas desert. World famous for its role in Sergeo Leone’s “Spaghetti Westerns”, Tabernas offers landscapes unique in Europe and an entertainment paradise for all the family at the “Oasys” Western theme park and zoo.

The Levante makes the ideal base for enjoying daytrips to some of south-eastern Spain’s most famous sights. You can combine shopping with discovering the past on an excursion to the provincial capital Almería city or to Lorca in Murcia. Both cities boast excellent commercial centres and fortresses dating back to Moorish times. Murcia capital, less than a two-hour drive down the A-7 motorway from the Levante coast, is also well worth a visit for both shopping and sightseeing. The port city of Cartagena with its thousands of years of history, is only 90 minutes from Vera on the AP-7 motorway, and Granada and the mighty Alhambra only two hours away on the A-92.

The Levante is a great destination for sports enthusiasts. The region is well-equipped with all kinds of sports and leisure facilities, ranging from indoor and outdoor swimming pools, tennis courts and gymnasiums, to ten-pin bowling alleys and riding stables. The region offers the ideal conditions for mountain biking and walking. And while the more adventurous might be tempted to explore some of the region’s less accessible landscapes by 4x4 or by quad bike, others might choose relaxation and pampering in one of the local spas. Back to the beaches, and thrill-seekers could get their adrenalin going wind or kitesurfing, although one of the most popular activities here is under the waves: scuba diving and exploring the coastline’s exceptional dive sites.

The Levante’s golf courses deserve a special mention. Golfers can tee off on in the mountain setting of Cortijo Grande, overlooking Macenas beach or Marina de la Torre in Mojácar, at Aguilón Golf in San Juan de los Terreros, at the prestigious Valle del Este in Vera, or at the exclusive Desert Springs – Europe’s first desert-style golf course.

Almería is an infinite contrast of deserts and farmland. As dry as its esparto grass, as fresh and juicy as its grapes and oranges...! The area’s cuisine is surprisingly healthy, the dishes prepared using traditional techniques. And this has produced dishes like “Los gurullos” (a kind of pasta usually cooked with game), dishes with partridge, hare and rabbit, “la olla de trigo” (a kind of pasta, vegetable and meat stew), “guiso de pelotas” (meatballs), “caldo pimentón”, where the vegetable garden and the sea blend, the rice soups, not to mention Garrucha’s prawns.

Thanks to the cosmopolitan character of the area, the Levante also boasts a wide variety of excellent eateries offering top notch international cuisine: Italian, Argentine, Chinese, Indian, Mexican, French, British, to name just a few. And on warm summer evenings, there’s nothing quite like an ice-cold beer and a tapas on the terrace of one of the authentic beach bars, or “chiringuitos”, which give the Levante’s coast extra special appeal.

In this part of the world you could eat exceptionally well for a month, choosing a different eatery every day...

Getting to and from the Levante is easy, whether you’re travelling from outside the country of within Spain. There are international airports less than an hour’s drive away at Almería city and a one and a half hour drive away at San Javier in Murcia, and Alicante airport is only two and a half hours distance. There are daily bus services between the region and Madrid, Barcelona, Granada and other destinations. Finally the high-speed rail-link, for which there will be a station at Vera, and the arrival of which is expected in 2013, will represent a genuine revolution in transport, putting the Levante only two and a half hours away from Madrid.

Source Remax Vera website



Like 0        Published at 8:50 PM   Comments (2)


The Hidden Danger in a 100 % Mortgage Deal
Wednesday, February 2, 2011

The idea of NOT having to put a deposit down on the purchase of some Spanish property is surely quite attractive. So what is lurking beneath the surface I wonder? Well for sure where there is big money deals there are potentially some traps set for us! I don’t think many of us would trust the Spanish systems anymore following many of us losing deposits on off-plan property deals in recent years! Once bitten twice shy as the saying goes.
 
On the other hand there will surely be some genuine deals out there which would be a shame to look over with this view. So the trick really is how do we find out what is the real deal!
 
As an example of a specific situation I was called to go see one of these 100 percent mortgage deals. In fact it was the crème of such deals in that I was told that the legals were also covered by the mortgage including taxes! So this would really be a very low money down deal.
 
Well everything looked OK on the surface and even many extras were included in the deal that would mean that even fitting out the apartment would be cheap to do because of fully fitted equipment in the kitchens and fitted wardrobes to the rooms. Even a marble surface for eating from meant that there was not need to buy a dining table.
 
However on checking with local agents it was clear that the property was overpriced for the current market even though it was significantly discounted from the original marketed prices. This still might work for some who don’t have deposit money (or who have lost ii on other deals that have gone bad in the past without bank guarantees). But the thing to realise is that you will need to hold on to it for much longer than other ‘genuine’ price discount deals before the property can be sold again for a profit or you stand to make a loss if sold in the medium term.
 
P.S. Check out my sister blog by clicking the link on the right of the screen under ‘Interesting Links’


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