The Spanish property market is back with a boom, and Brits are getting clued up about the best deals. Compared to the UK, property across Spain is very affordable, but there is always room to spot a good deal. So here’s our advice on finding the Spanish Sun for a Steal.
Whether you’re into your golf, or simply looking to retire in a country that actually gets to enjoy prolonged summer sunshine, all you need to do is look in the right place for the best deal. Do a little digging. There are plenty of tips out there that can help you know what to look for when it comes to grabbing a bargain.
The first thing to bear in mind is whether to go for a more contemporary property, a new-build or an older villa which may seem, at first glance, outdated. Don’t be put off. The newer, more modern-looking properties are a great way to go, if you have the budget for it. But if you’re looking for a sneaky deal, properties on resale are your starting point. Think ahead and look beyond the current interior. If you’re going for a cheaper, older villa, budget for a revamp. An interior make-over for a Spanish villa will be quite affordable, especially when you’ve saved money on the property itself. You might not like the paint job or the fixtures as they are, but you can easily make the place your own with a little bit left in the bank.
The next is location. If you’re looking for the expat-centric spots, they’re pretty easy to find. But you can also consider the quieter, more traditional areas. You may need to travel that little bit further to the beach, but there are some bargain spots that are surrounded by gorgeous views and greenery. So, it’s worth a look. Always ask for an alternative viewing to the villa you think is going to be your first choice. You never know what hidden gems might await.
Finally, the size. Don’t underestimate the value of an extra bedroom. This is Spain, it’s very likely that you will at one time or another have visitors. Additionally, are you planning on renting your villa out throughout some parts of the year? It might just be you and your spouse who are purchasing the property but think of the value of a 3-bed villa against a one-bed to a family looking for a bargain get-away later in the year. All of this will add value and save costs in the long run – it’s all part of the deal.
So, although the saying would have you believe, grabbing a bargain on a Spanish Villa isn’t always about location, location, location. Of course, it’s a huge part of the decision-making process, but size, style, budget and grabbing the best deal possible are all things to be considered along the way.