Property on the Costa del Sol – 93.6 Global Radio
Property and Real Estate on the Costa del Sol.
This really is the right time to buy in Spain. Prices are low, choice is big and opportunities are everywhere! If you’re in the UK, the strength of the pound is presenting some incredible bargains, RIGHT NOW!
Three New Properties for Sale, March 2016
These three properties have been completely refurbished ‘from top to bottom’.
4 Bedroom Villa
For Sale – 4 Bedroom Villa, Campo Mijas, El Coto
Here are two 4 bedroom villa bungalows in a quiet residential area, Campo Mijas El Coto, 4km from beach. Each consists of two bathrooms, one en-suite, large sunny living/dining area. Brand new kitchen, solar heating, air-conditioning throughout, 2 car port areas, splash pool, garden with irrigation, everything new from elecrics, plimbing, double glazing, etc. Never been lived in since refurbished to a better than new standard. Easily worth €550,000 – NOW JUST €350,000!
Call Keith on 661 651 259.
5/6 Bedroom Villa
For Sale – 5-6 Bedroom Villa, Campo Mijas, El Coto
An exceptionally large villa – also completely refurbished to a very high standard. Situated in a very good area in El Coto, 3km from the beach. It consist of 5 or 6 bedrooms: one large master bedroom with en-suite Jacuzzi bathroom and shower room, luxury carpet throughout bedroom and dressing area. 4 to 5 further bedrooms and 3 more bathrooms, one large lounge/dining area. On one of the levels, there is a self-contained unit, ideal for nanny or au pair quarters: separate lounge, bedroom, bathroom and kitchen, 2 further bedrooms on the ground floor with bathroom, bottom level: bedroom and bathroom and a large area ideal for games room or cinema. Large outside: swimming pool and lovely decking area, 4 large terraces around the villa, area of woodland at back of garden, electric gates and garage. New kitchens, bathrooms, tiles, air-con, fully furnished… like a brand new house! Worth €900,000 – NOW €575,000!
Call Keith on 661 651 259.
Spain is certainly seeing an upturn in property activity this year, we’re already seeing prices creep back up a little, compared to the last few years. These bargains won’t last long. Bank repossessions are beginning to run out and new complexes are being built around the more popular parts of the Costa del Sol.
Distressed properties are still available, too! If you feel like a bit of work, this could be for you. Many properties have fallen in to disrepair and the banks are keen to get rid – quickly. This, of course, is your opportunity! But beware… we’re hearing that many of the better bargains are already gone. If you’re looking for the real bargains, act quickly.
Property in Spain Under 100,000€!
There aren’t many left, but there are still a few real bargains under 100,000€. Check them out here…
Some Other Featured Costa del Sol Property for Sale
See all the Spanish properties for sale at Mijas Costa Property…
Some Advice…
The Law
Get a Spanish lawyer who speaks your language – we’re taking mainly to the English speakers – there are many, many English speaking lawyers on the Costa del Sol. Here are a couple of completely random and unaffiliated examples – www.andalusianlawyers.com or www.malagalaw.com.
Before signing anything, consult your lawyer.
Make sure all contract and legal documents are written in a language you can understand. It may cost you to have these documents translated, but it will be worth it.
Keep your legal representation separate from your estate agent or property consultant. Your agent is a salesperson, after all, your lawyer only has your own interests to consider.
Documents
Your lawyer will guide you through the maze of administration, but here is a list of the more basic documents you should keep in mind…
Nota Simple. Shows that no mortgages/debts are registered against the property.
Numero Catastral. A certificate of Referencia Catastral. The number itself appears on the IBI receipt. This is a separate land registry which concentrates on the actual site location as opposed to the ‘Land Registry’ which concentrates on Title and Ownership. It is essential to check that both registries’ description of a property do not differ greatly. If it does it can mean there are problems and it should be checked to confirm which is correct
IBI Receipt. Local taxes up to date.
Community Documents. If you are buying in a Community, get a receipt for paid-up community charges and a copy of the Statutes and/or minutes. A copy of the minutes will give you a very good idea of the general ‘tone’ of the community your buying in to. Remember, you’ll be knowing these people for as long as you’re here.
Habitation Licence. There appear to be various versions of Habitation Licences. They all seem to do the same thing – to prove that your property is legal, registered and safe to live in – but you may hear of Certificaciones de No Infracciones, or
Escritura. It’s the property lease.
Copies of owner’s paid up bills for electricity, water, rubbish collection and the telephone
If you’re buying from a non-resident, try to get proof of payment of any fees and taxes, plus the 5% Hacienda deposit.
Lastly, many solicitors recommend which bank you should use, particularly if you are giving them Power of Attorney. Do ensure that the bank has English or your native language speaking staff. You’ll run in to all sorts of problems if you can’t speak with your bank, and changing banks can be a nightmare.
‘Thinking of Buying or Selling Property on the Costa del Sol?
Let Global help! Through our network of property connections – estate agents, legal specialists, finance, home security, furniture & decoration – we can help you with your dream home in Spain. Get in touch today and let Global help!
Connections: Global Businesses Working Together
Mijas Costa Property, Mabrideco and Ace of Shades have agreed to work together with Global Radio to help each other sell their products and services to the thousands of Global Radio listeners, across the Costa del Sol.
These companies combined, have put together a package that makes buying property in Spain easy, hassle free and efficient.
More property coming very soon!
