Buying Property in Spain? Act Now!
If you’re lucky enough to be thinking about property in Spain, you’ll – no doubt – have wondered how to time your purchase to get the best from Brexit.
Well, we’ve got some good news.
We’ve been advising clients on some STRONG reasons to profit from investing now, thanks to a range of great benefits there to be enjoyed by those who act in time.
Read on and we’ll explain our expert view…
Prices On The Up
Increasing prices in Spain mean a host of advantages to buying soon.
A strong start to 2018, following rises in 2017, means a great time to act with the price rise in place long enough to look like a trend but recent enough to keep prices affordable. For now.
The PropertyWire specialist news service describes the market in Spain as being “at the highest level since the market started recovering”, adding: “Land Registry data published by the National Institute of Statistics show that sales increased by 16% in 2017, the fourth and biggest consecutive year of growth. The figures also show that sales were up 8% in December, the highest monthly growth since December 2008.”
Brexit? Your Reassurance
Buyers from GB and Northern Ireland – a vital part of the economy in Spain – have been told their lives will not be disrupted post-Brexit by no less than Spanish Foreign Minister Alfonso Dastis.
Our experience, based on many years of helping people to find and move to their dream Spanish home, shows that the valued overseas buyer community will continue to be an essential and protected group.
More Choice Than Ever
The buoyant property market in Spain means a confident construction sector building a superb range of high-quality, stylish homes.
Developers are willing to not just invest in the standard of property available but make sure the design features and finish of their homes are first class.
Put simply: it’s a great time to browse the best of the local market and see just how far a wide range of budgets can stretch.
Profit from Change
We will, of course, still see some hesitancy from a small number of buyers who – perhaps – aren’t receiving the quality of advice our clients enjoy.
This tends to make an increase in rental demand and prices happen. So, while you’ve have bought your new home at the still-low current prices, if you decide to rent the property out you’ll enjoy the likelihood of rising rental values. Set against your initial outlay, while the ‘wait and see’ minority will be paying more for purchasing and rental costs your Return on Investment is likely to be larger.
Exchange Rate Timing
The one thing we know about the Sterling v Euro exchange rate for certain? It doesn’t sit still for anyone!
Peaks and troughs in recent years have led – however – to relative stability in recent times. Meaning there’s an advantage to buying while this remains. Could moving closer to Brexit cause a change? Certainly.
Timing-wise, stability now will always beat uncertainty later.
The Right Time for You
Is it the right time to move for you, your family and your finances? This overriding factor is a huge consider and, barring any hugely pressing outside factors, is the one we advise our trusting clients to act on first and foremost.
When you’ve waited for a move for many years, the right time is clear. Holding back, at the risk of things like your own circumstances or exchange rate changing, could be a step to the dream purchase being prevented from ever happening.
Spain is Spain!
Spain is the destination of choice for investors, families, retirees and more thanks to the area just making sense for their dream purchase: an incredible climate, a warm welcome, a great English-speaking professional and social community, superb food and much more.
We’re a family business who fell for Spain (particularly Murcia) because of everything it offers. We love making that happen for clients old and new.
It also remains VERY much unchanged and, right now, the only thing changing is the price and market in Spain: with both of them only going one direction of late!
The Cost of Waiting
To often we see customers waiting ‘just another year’ to buy – which is, of course, their choice and one we respect hugely – in the hope that a purchase price may fall by an amount equivalent to the price of a few drinks a month when the mortgage quote is created.
And in the meantime? Thousands of pounds spend on holidays could have been saved if the property was already in place, perhaps even covered completely by rental income.
We’ll Give You More!
Thanks to the strong local property market and our local negotiating power, we pride ourselves on being able to provide FREE extras like aircon, furniture…or even a car!
Depending on the value of the property you buy, we’ll make your first visits to your dream home even more special with a bonus luxury with our thanks.
With 15 years of experience and perfectly placed to source properties in the stunning areas of Los Alcázares, Mar Menor, Costa Cálida and Alicante.
Whether you’re looking for a beautiful family holiday home, a high return investment property, or a golf resort villa to retire to, we can find the perfect property to fit your needs and budget!
Here’s what our customers say:
“They were so informative in every way throughout the process from viewing properties, offers, agreeing a property and then assisting on post sales inquiries. This meant so much to us as it takes the pressure off you and is so reassuring especially purchasing a property overseas. We will be recommending DSH to our friends and family.”
Collette and Dave
“We met with Gerry and having given him our brief within a couple of hours we were standing in local properties, one of which is now our new Spanish home! We are delighted. There was no pressure and we were actually encouraged to think about it for a couple of days (which we did) and then went back and took the plunge.
“If you are looking to buy in this area talk to these guys.”
Jon and Melanie Shelton