|
|
|
Finding The Best Real Estate Agent
Finding the appropriate time to leave behind the unforgettable moments that you experienced in your home is sometimes stressful, but it's always the time to move forward to get a new investment. Statistics in Las Vegas real estate show that the...
Go The Extra Mile When Selling Your Home
So you've decided to sell your home, and now you are wondering how much time, effort and money you should spend sprucing it up to make it more attractive, sell faster, and get a higher price.
One important question is this: "If I spend money...
Home Buyer Beware – Know The Signs Of Real Estate Market Trouble
Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates. In some areas around...
Is Bay Area Real Estate Risky Business?
Bay Area real estate is an ever-increasingly popular investment for prospective property or home owners in California. The location is prime, and the price is always right. Whether it is due to the area's oil-rich location near the shore, the...
Property Investment – How To Calculate Rental Returns
Before purchasing an investment property for rental purposes it’s always a good idea to calculate whether it will be cash flow positive or cash flow negative. That is, will the property generate an income (positive) or will it require a monthly cash...
|
|
| |
|
|
|
|
|
|
Buying Off-Plan Property In Spain
The main advantage of buying off-plan property is the discount you receive in price off the properties usual price or the selling price of the property once the development has been completed.
The reason developers are giving you the investor a discounted price is for the risk you are taking investing your hard earned money with them.
Realistically when buying through a reliable estate agency there is no real risk involved with investment in Spanish off-plan property, but like any investment where you hand over money before receiving the goods or services there is always an element of risk.
The usual discounts usually range from between 10 - 30% for off-plan property in Spain depending on the way you go about purchasing the property and who you purchase your off-plan property through.
A lot of people think that if you go straight to the developers yourself that you will save a ton of money on your property purchase, but if you do your homework you will find you will not get a much better pricing if not actually pay more for the off-plan property in Spain using this method plus needing a lot of time to do your research which would need to involve an actual flight to Spain.
Then of course there is the risk of running into problems with less than reputable developers, the kind you see all the time in many of the UK's news papers, if you do plan to take this method then you need to do some serious research and make sure you get a english speaking lawyer in Spain with your best interests at heart.
Also another distinct advantage of buying off-plan is that by the time the property has been built you should have 18 - 36 months capital growth on your investment.
Estimated capital growth would be about 10% Per
Annum of the total value of the property, therefore a 100 000 property over 24 months would have increased its value to 120 000 and taking into account that you got say a 20% discount (20 000) you would have already made 40 000 off your investment by the completion time of the development.
With the rising market in Spain and even with the inevitable leveling out of the property prices, an off-plan property is still a smart choice for property investment.
As stated above it is very tough not to make a decent profit buying off-plan property in Spain as long as you buy from reputable developers which any half decent estate agency would guarantee you.
On a final note, another big reason for buying off-plan property is the quality of the work and the buldings.
Buying off-plan means you will get the best and latest building materials and also the latest building techniques will be used on the property.
Laws and building regulations are being updated and improved in Spain to protect your property investment and this is also another reason why a new property would be the smarter and less risky option.
Furthermore you also get the advantage of having a 10 year guarantee against most serious structural defects and various other defect types are now protected under Spanish law.
About the Author: SpanishInvest.com is a property website specializing in Off-Plan properties to be bought for investment purposes. See http://www.spanishinvest.com for the best investment properties in Spain.
Source: www.isnare.com
|
|
|
|
|
| Real Estate, Property, Land and Homes for Sale, lease and rent ... |
| Comprehensive real estate and property listings. Includes information on buying and selling, tips on building, an auction timetable and other helpful ... |
| www.realestate.com.au |
|
| Real Estate | Homes for Sale | Houses for Sale | MLS Listings ... |
| RealEstate.com provides home listings , homes for sale , REALTORS , house listings , apartment locating services. We have Florida real estate , Texas ... |
| www.realestate.com |
|
| REALTOR.com: Real estate listings & homes for sale |
| Search for a new home or find mortgage rates, real estate agents, and relocation services throughout the US, Canada, and Puerto Rico. |
| www.realtor.com |
|
| Real Estate on Yahoo! Real Estate - Homes, Mortgage Rates, School ... |
| Yahoo! Real Estate is the most comprehensive place for real estate, housing market information, school reports, local mortgage rates and more! |
| realestate.yahoo.com |
|
| Find Your Home Value, House Values and Prices on Yahoo! Real Estate |
| Yahoo! Real Estate - Free instant home values and comparable home valuations for millions of houses. Check your home's price or any house value. |
| realestate.yahoo.com |
|
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses ... |
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses for sale at Realestate.co.nz. |
| www.realestate.co.nz |
|
| Real Estate - Buy, Sell or Rent a Home - New York Times |
| Online real estate listings for properties in New York and nationwide. |
| www.nytimes.com |
|
| Century 21 Real Estate Agents and Brokers |
| Agency with franchised offices throughout the United States, Canada, Europe, Latin America, the Middle East and Asia. Find local offices and agents, ... |
| century21.com |
|
| Zillow - Your Edge in Real Estate |
| Zillow provides a free Home Valuation Tool for Real Estate enthusiasts. Whether you're an agent, broker, buyer of investment property or first time ... |
| www.zillow.com |
|
| STLtoday - Homes |
| Real estate agent revels in the boom in downtown St. Louis living ... [more real estate news as seen in the St. Louis Post-Dispatch] ... |
| www.stltoday.com |
|
| Real estate - Boston.com |
| Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
| www.boston.com |
|
| ABCs of Real Estate |
| Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
| www.realestateabc.com |
|
| washingtonpost.com - Washington DC real estate, Maryland real ... |
| Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
| www.washingtonpost.com |
|
| Coldwell Banker Real Estate Corporation |
| Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Find a home, sales associate ... |
| www.coldwellbanker.com |
|
| Detroit News Online | Real-Estate |
| Sellers around the state have been frustrated with the slow sales patterns of Michigan real estate over the past year or two. But buyers have been enjoying ... |
| www.detnews.com |
|
| Newsday.com - Long Island Real Estate for Nassau County and ... |
| In a real estate market increasingly defined by niches, ... Real Estate Resources. Search by school district for recent home sales in Nassau and Suffolk ... |
| www.newsday.com |
|
| Real Estate for Sale, Rent and Share @ Domain.com.au |
| Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
| www.domain.com.au |
|
| Luxury real estate news and features - Forbes.com |
| Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
| www.forbes.com |
|
| Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
| Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
| money.cnn.com |
|
| Los Angeles, California, national and world news, jobs, real ... |
| Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
| www.latimes.com |
|
|