MAY 2016 - LATEST SPANISH PROPERTY NEWS FROM CHERSUN
Keeping You Informed With The Latest Spanish Property News And Offers
In this months newsletter we discuss how the EU referendum has not really affected the Spanish property market. We also have tips to help you pick the best locations to purchase a property.
With the latest property offers and news we hope that you enjoy theMay edition of our newsletter and as always we are here to answer any questions that you may have about the Spanish property market. Enjoy.
EU Referendum Is It Affecting Spanish Property Sales ?
With the ongoing debate whether the UK should stay in the EU we are asked whether this has affected spanish property sales.
I am happy to confirm that we are still selling properties to UK buyers with this month one of our busiest this year. The only concern is how the exchange rate will be affected by the result of the vote but the savvy buyers are locking into the current attractive rates available.
There will always be a demand for spanish property due to the easy accessability,climate and the cheap cost of living .I would expect this is continue even if the UK leaves the EU. The Spanish economy relies on the UK tourists and property owners therefore we do not expect much to change no matter what the result of the vote.
Location, Location, Location Where Is Best ?
When looking to purchase a property in Spain you may not be sure where the best location for you will be .With a few tips below you will be able to narrow down your search.
If you want 24 hour security on a gated complex then golf resorts is where you should search.
Looking to have a large plot in quiet location then rural country properties will provide you with the best buys.
If you want to have a real Spanish lifestyle then concentrate on properties that are within walking distance of spanish towns.
Looking for a property with a lively nightlife then head towards beach properties that are in commercial areas, a bit more expensive but everything is on your doorstep.
Finally by far the best way to find your ideal location is to come on one of our viewing trips and we can take you to the best locations that meet your budget and criteria.
For more information click Buying In Spain
Spanish Mortgages Getting Easier To Obtain As Banks Start To Lend
The increase in lending has helped many buyers purchase their property in the sun. The spanish banks are now lending with mortgages being granted increasing by 14% compared to the previous year.
The banks are willing to lend up to 70% of the value or purchase price which ever is the lower and interest rates vary from around 3.5% . If you take out some of the banks products such as life cover,home insurance the rates will decrease.
The mortgage costs will be around 3% of the purchase price as you will have a mortgage arrangement fee, notary and land registry fees for the mortgage.
It should be noted that you will have to consider the exchange rate fluctuations as your mortgage payments will be in euros. For more information and to obtain a mortgage in principle CONTACT US NOW
Cycling For Charity With Olympic Champion Chris Boardman
I completed the 81 mile Marie Curie Etape Caledonia Cycle Race 2016 on the 8th May and finished with a personal best time of 3 hours 39 minutes and finished a reputable 82nd out of the 3406 cyclists, not bad for a Grandad.
It was a great event and I rode with Chris Boardman the ex Olympic Gold Medal Winner and fortunately the sun shown down on us in Perthshire .
A big thanks to all who donated to the Marie Curie Care Charity and it is not too late if you wish to make a donation no matter how big or small to this worthwhile cause.
This Months Best Property Offers
If you can forward to us your property wish list and budget and we will send you a personalised portfolio of properties that meet your criteria.
This Months Clients Reviews
Richard Miller UK
Dear Paul Now the house has completed, I would like to say a big thank you for everything, from the original weekend trip and airport pick up @ 11pm to the detailed property search on Saturday leading to our purchase on the Sunday before you kindly dropped up back at the airport Sunday afternoon. You made he process of buying a property a pleasure and with your recommendations of solicitors and IFA a smooth journey to completion. I would recommend yourself and Chersun properties to anyone considering purchasing a property in Spain as your knowledge and attention to detail is second to none. I look forward to catching up when in Spain when you are more than welcome to visit the property for a drink. Very best regards Richard Miller
Glyn Lingard , Yorkshire , UK
A Big thank you to Mr Paul Cherry of Chersun Properties for finding us our dream property.
Paul was very informative from our first meeting and nothing was to much trouble for him.
Any questions we had were answered ,he is extremely knowledgeable about buying in Spain,
and he is also a very genuine guy. Myself and my wife would have no problem in recommending Paul to anyone considering buying in spain once again thanks Paul.