Buying Property in Spain

As in Britain prices of property in Spain vary quite considerably between different areas. In common with prices back home those in Spain have shown considerable increases in recent years but there are still good opportunities within the market. More recently prices have dropped substantially due to the ecconomic climate of uncertainty.

A Newcomers Club operates on a weekly basis in a local hotel. This is designed to give advice on all aspects of moving to and living on the Costa Blanca. Here you can meet others who have recently taken up residence in the area and discuss any problems with those who have experience of living in Spain. Details of venues usually appear in local English newspapers most of which are free and are published weekly.

Some things you should know about

Many real estate agents in Spain have closed since the downturn in 2008 and no doubt many more will follow in their footsteps.

Traditionally such agents have charged very large sums of money for their services when selling properties and they always favoured selling new houses as these brought the highest returns. Typically agents would charge anything up to 25% of the total selling price on new ventures and as much as 15% on re-sale properties.

It therefore makes sense to sell properties independently and by doing so reduce the asking price by many thousands of euros. It pays to deal directly with the owner. The prices of properties on this site reflect such savings.