Buying Property on The Costa Blanca ~ Coastal or Rural?Written by Anthony Carter
One of main decisions you will need to make when looking to buy a property on Costa Blanca is whether you are going to buy a coastal or rural property. To a great extent this will depend on your reasons for buying and how you intend to use your new property If you are wanting income from renting, to fund a mortgage for example, then you will need to be in more popular tourist areas that are mainly by sea. There is a growing rural tourist trade but it is still comparatively small. You may be able to secure a long term rental for an inland property with someone who wants to live in Spain but cannot, or does not want to, buy. Long term renting can give an annual rental income close to bottom line achieved with short term holiday lets but it is important to have a proper contract to ensure that you, and tenant, comply with law and that you protect your asset. Rural properties can show higher capital gain and last year that was around 20% and in some cases up to 50%. They are ideal for holiday use all year round by family and friends who would like to see and experience more of real Spain. Inland detached properties tend to have larger plot sizes, perhaps an orchard, and are ideal if you have children or would like to have additional facilities such as a tennis court. In north Costa Blanca region there are many small to medium sized towns and villages with excellent facilities within 30 minutes drive of coast and some have an established English community and first class roads connecting to main towns and to airports at Alicante and Valencia.
| | Will The Real Home Buying Guide...Please Stand Up?Written by Don Berthiaume
Use Google right now and do a search on, “Home Buying Guide”. Take a few minutes to check and see what's out there and then come right back.Now, try "Home Buyer Guide" and check to see what's out there for that. Overwhelming, isn’t it? And that’s exactly problem facing today’s prospective homebuyers; not knowing how to sort through all of information that is offered to them when buying a home. Do you know what other problem is? Ironic as it may sound, just as prospective homebuyers have too much information on topics such as: how to find a real estate agent, how to find a mortgage, how to fix your credit or how to get lowest possible insurance, and on and on...they are faced with just complete opposite when it comes to having information on main focus of their quest - specific information on house they want to buy. In a survey conducted by Key Findings, it was found that "Prospective home buyers say they are unhappy with information available to them. Some don’t think they are seeing all homes available in their price range and complain about how difficult it is to find detailed information about homes they are interested in buying." If you're thinking about buying a home right now do you feel you're as informed as you could be about house you may be interested in buying? If not, would you even know where to go to even begin to get it? Do not despair because there is hope! You would be surprised to learn that you can get alot of answers and information simply by observing and asking right questions - and many of them. You also need to be sure you're asking right person, to get right answer. A couple of sources of information include your local municipal Offices or County Courthouse, neighbors and yes, even actual seller(s). You also need to spend time investigating neighborhood and, once you actually decide on a home you're interested in, spend as much time there as possible. Doing so will allow you to get feel for property and view things you may normally miss if you're just simply herded through home. Here is a brief list of some of things you should be able to uncover with a little poking around:
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