WHEN TO
BUY PROPERTY
New
Property: If you are planning to make
arrangements to come over to Spain looking for
property on a new development I would advise that
you ensure that the show house or apartment is
completed. Only when this is done can you really get
a feel of the inner build and if you think the area
and layout is suitable for your needs.
Buying
off-plan is one thing but trying to get a feel of
the inside completely blind is very difficult. You
really need to walk around a property first to
ensure you get the right vibes.
 |
Many new
developments build in stages and it is not
uncommon for the architects to change the
layout and design if they have found the
original plans were too costly or time
consuming to build. When this happens they
have to get new planning permission for the
changes. |
For the buyer this
is not a bad thing because if you can stay in
contact with the agents then they will be able to
update you when the next phase is being released.
You can then fly over on this day and you will have
first selection of the entire phase to ensure you
get the best plot or apartment.
Resale Property:
Although resale properties come onto the market
everyday there are times when there are more
advantageous times to buy. One of these is October
when home owners who have been renting out their
property will wait to the holiday season is finished
before selling their property. Being in Spain in
October will present you with an opportunity to view
these properties as soon as they come on the market.
These properties
will also be empty for rental occupants so you can
have a better viewing of the property in an empty
and tidy state so you can make a better decision.
There is nothing worse than viewing property when
there are occupants either inside or have been told
to vacate the property for your viewing. Nothing is
more of a turn-off than seeing dishes in the sink,
towels decorating the terrace and a living area with
the remnants of last nights party.
January is another
time when resale property comes onto the market. It
is a time for change for many people and January is
a true milestone for this. I would wait until at
least the second week of January to visit due to the
Christmas and New Year holidays.
 |