Awaiting Reform
Restored Windmill
Restored House
Town House
Apartment
The lesson - CHOOSE YOUR GEOGRAPHY FIRST
Where and why?
Do I want to be:
- close to the airport?
- close to Palma, a beautiful and modern city with a population of approximately 350,000?
- able to walk to stores for food and other conveniences?
- on a bus or train route?
- close to a highway/motorway(s)?
- in an Expat community?
- close to medical facilities?
Dream Home or Nightmare?
- Use an Estate Agent - (Immobilario).
- Negotiate - the asking price is just that. The purchase price can be much lower.
- It’s cheaper inland. Coastal regions have the most expensive locations.
- Does the property have an escritura - a deed?
- Does the property have electricity, water and phone?
- Is it zoned urban (urbano) or rural?
- Use a Spanish Lawyer (Abogado).
- Renting a holiay villa first allows time to investigate thoroughly - TAKE YOUR TIME!
If your property is designated "rural" it must be at least 14,000 square meters before you will be granted permission to add to and/or build new buildings - this is now strictly enforced. Local Spanish professionals are better at steering you through the buying process - don’t be in a hurry! Buy a copy of the publication, "You and the law in Spain", by David Searl, published by Santana Books. That lovely old house may be a lovely old nightmare!
The lesson -KNOW WHAT YOU ARE BUYING.
