FEBRUARY 2016 - HOT PROPERTY SPANISH NEWS FROM CHERSUN
It is a great job being an Estate Agent especially when you wake up each morning and the sun shines through the blinds. Every day is different and there is nothing better than helping clients turn their dreams into reality when they purchase their place in the sun.
We have helped a record number of clients purchase a property in the Costa Blanca and Costa Calida regions of Spain. With prices of properties in the best locations starting to increase it is better to act sooner rather than later and I recommend that you arrange a viewing trip now with Chersun. For more information about our viewing trips click Free Viewing Trip
If you are not able to visit Spain then why not meet up with us at A Place In The Sun exhibition in Manchester on the 11th March - 13th March 2016. We are on stand B62 and would be delighted to meet you and provide you with all the answers to the questions you will have about buying a property in Spain.
As always we have the latest news,offers and tips in this months newsletter ,enjoy.
Spanish Bank Property Repossessions
According to a study carried out by property portal, idealista.com, which analysed the 38,595 homes in Spain advertised for sale on their portal in January from the various financial institutions, the majority of these dwellings are located in small or medium size towns, with approximately 66% of the banks’ homes are in towns of less than 50,000 inhabitants. We find that the majority of homes for sale from the banks are in locations that there is not much demand and that is the reason why they are still on the market..
Buying Off Plan And Why Bank Guarantees Are Very Important
We have seen a large increase of new properties being built and most properties are built to order. With most off plan properties there is a payment schedule which would be as follows, a reservation fee of 3000 euros to reserve the plot and then stage payments of approximately 50% of the purchase price. The balance payment is then made at completion.
It is therefore very important that the developer will provide you with a bank guarantee which will protect the payments that you have made. If the developer goes into administration or the property is not complete within the agreed time period then the bank will refund your payments. We will only recommend developments that have full bank guarantees therefore protecting our clients payments.
Spain Tops The Most Popular Destination For Buyers.
Spain has come out on top as the most popular destination for expats looking to buy a property overseas, a new survey has found.
A Place in the Sun’s annual top ten table of the most popular buying locations revealed that Spain was the most popular country for Brits.
The second most popular destination for Brits buying abroad was France and in third place was Portugal .
The main reason that buyers looked at Spain was for a better way of life, warmer climate, good value for money and finally a better diet. These are exactly the same reasons that we moved to Spain 11 years ago and we are still loving the lifestyle.
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If you would like to be kept up to date with the latest property listings or price changes then you should sign up to our property alerts.When a new property is listed that meets your property criteria and budget you will automatically receive an e mail with all the property information.
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This Months Top Property Buys
As well as the above properties we have a larger selection that can be viewed on www.chersun.com and if you can provide us with your property criteria and budget we can forward you a shortlist of suitable properties.
Cruise Ships Starting To Embark From Cartagena, Murcia, Spain
There is more good news for property owners on the Costa Calida and Costa Blanca as Princess Cruises will offer passengers the opportunity to start and finish their mediterranean cruises from the historical city of Cartagena, Murcia.
The first cruise will be available from the 8th May 2016 and a further 5 cruises will do the same.
This is a major breakthrough for Cartagena as this will be a massive boost to the local economy as passengers are likely to spend more time in the Murcia region.
Last year over 115 cruise ships visited Cartagena and over 151,000 passengers were on the cruises.
As Chersun are based in Cartagena this is great news and it may mean more holidays not just for us but for all the property owners who live locally and love a cruise break.
Cycling For The Marie Curie Charity
This year our chosen charity is the Marie Curie Care Charity that provides help and support to the terminally ill and their families. I have entered into the Etape Caledonia Cycle race that takes place on the 8th May in Perthshire. The 81 mile route takes you up the glens and around the lochs of Perthshire and with over 5000 cyclists taking part it is without doubt one of the largest sportives in the UK
The main aim is to raise as much money as possible for the Marie Curie Care Charity who provide first class care and support and I would really appreciate if you can visit my justgiving page below and make a small donation to this very worthy cause.