Long Term Lets Treble

Interest in long term lets in Spain is still on the rise. Compared to this time last year, enquiries about letting a property on a long-term basis have trebled as a percentage of all enquiries. Now, approximately 20% of all enquiries are about long term lets

For buyers wanting to ‘check-out’ Spain or a particular area, the benefits of renting long-term are obvious: They get to experience a particular location first-hand, they’re immediately available to view properties for sale as they come on to the market and they’re in place to deal with the to-ing and fro-ing that seems inevitable when buying a property.

For property owners, letting can be a good deal too. There are none of the legal restrictions that surround tourist or holiday-lets and recent changes in the law favour the landlord should evicting a tenant become neccessary.

If I were selling a property in Spain today, and could afford to wait, I’d let it out long term while the market settles.

Tags: spain, property

Crack down on under-declared property sales

By diane

Tags: spanish, property, crackdown

Finding Spanish Property Bargains

By admin at Kyero.com

Spain has long been the number-one destination for British buyers, and hundreds of thousands of us already own property there. But, with the country’s property market looking distinctly wobbly, and some muttering darkly about an impending crash, would you be mad to buy a home there this year?

Not necessarily. As seasoned investors know, where there is trouble there is opportunity, and distress may mean bargains for clued-up buyers who know how to exploit the market.

David Irvine, 55, a businessman from Glasgow looking for a semi-permanent home in the Puerto Banus area, on the Costa del Sol, is among bargain-hunters already on the case. “With the market stalled, and interest rates rising, I’m quite clear that 2008 will be a disaster for folk who have to sell,” says Irvine, who has been tracking the market for five years. “My preference is a villa in a prime location with sea views, but basically I’ll go for the best deal.”

Tags: spain, home , property

Recent post from Timesonline describes the Spanish property market.
By Mark Stucklin

Spain has long been the number-one destination for British buyers, and hundreds of thousands of us already own property there.

But, with the country’s property market looking distinctly wobbly, and some muttering darkly about an impending crash, would you be mad to buy a home there this year?Not necessarily. As seasoned investors know, where there is trouble there is opportunity, and distress may mean bargains for clued-up buyers who know how to exploit the market.

David Irvine, 55, a businessman from Glasgow looking for a semi-permanent home in the Puerto Banus area, on the Costa del Sol, is among bargain-hunters already on the case. “With the market stalled, and interest rates rising, I’m quite clear that 2008 will be a disaster for folk who have to sell,” says Irvine, who has been tracking the market for five years. “My preference is a villa in a prime location with sea views, but basically I’ll go for the best deal.”

……more

Where to look for Spanish property bargains - Times Online

Tags: spain, spanish, property