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Buying
Properties
Buying a home in a foreign country is a big
decision, and a major investment. To make the right choices, it
is wise to do some preliminary planning.
You are considering Oropesa del Mar in Spain
as your destination. It’s a great choice, both as a place to
live with it’s delightful climate, beach location, safe
environment and excellent infrastructure, and as an investment.
It has consistently proved to be the best in Europe at roughly
20% increases per year.
Our aim is to help you obtain the best
property information to assist you with your choice. We are
specialists in unique villas in Oropesa, as well as beachfront
developments and golf developments. We are able to offer you the
most extensive range of new and resale Oropesa villas and
apartments, as well as a wide variety of other Spanish property.
In our “Dream Homes” pages, you will find the
very best villas in the Oropesa area, presented with photos.
Our “New Developments” page shows you the
latest and best investment properties in the Oropesa area. These
prime units can be bought off-plan, and the developments are
always sold out prior to completion. The return on capital
investment is excellent. If you buy solely for investment, we
can resell the property as the phase prices peak to maximise
your profit, and then advise you where next to invest.
Our website is designed to give you some
initial information about Oropesa and the properties on offer.
However, nothing beats a chat with one of our staff to explain
your requirements in detail. They will then do their best to
provide you with all the infromation you need in the easiest way
possible. CLICK HERE if you would like someone to call to assist
you with your property search. Our staff are not pushy and there
is absolutely no obligation.
Considering
Resale Factors
You may want to sell the villa or apartment you’re thinking of
buying in a couple of years time, so you must give lots of
thought to the home’s potential resale value and consider the
following:
Decide whether you want a newly constructed
Spanish villa or apartment, an older home, or a home that is in
need of work or “modernisation”.
Villas with three or more bedrooms and two or
more bathrooms, have more appeal and appreciation potential than
those with less. The standard apartment in Oropesa has two
bedrooms, and two bathrooms. Anything with less will be more
difficult to re-sell.
Well-maintained, attractive villas or
apartments are the easiest to resell.
In line with this, well-maintained complexes
are the most desirable, but check that the maintenance fees
(local rates) are within your means.
As a general rule, don’t buy the most
expensive house on the street. From an investment standpoint, it’s
better to buy the a moderately sized villa or apartment in a
great area, rather than the largest, most expensive villa in an
average area.
Negotiation and
Completion
As a buyer preparing to make an offer on a
villa or apartment in Oropesa, there are some general rules:
You should discuss your proposal with your
Spanish real estate agent who will advise you, and then make
your offer formally in writing. Your offer should include the
price you propose to pay and the terms and conditions of the
purchase. For example, if the seller verbally agrees to special
terms of payment, that should be recorded in the written offer.
Email your written offer to us and we will
make it to the seller. On their acceptance we will call you
immediately, and ask you for details of your lawyer.
If you have not yet chosen a Spanish lawyer
we will be able to recommend certain firms to you. You may
prefer one of the firms with offices in England.
Once your offer is accepted you will be asked
to pay a holding deposit. This ensures that the seller removes
the property from the market place, and it is considered “sold
subject to contract” by all the agents involved.
Completion usually takes place about one
month after purchase. We will take you through the process step
by step, going with you to the public notary office to sign the
title deeds and complete the paperwork on your Spanish property
purchase.
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