Anyone own a property abroad?

Discussion in 'SMB' started by DonkeyScabs, Mar 3, 2018.

  1. powburn red

    powburn red Midfield

    Would be one of the few alternative places in world i would choose to live ...i recall an amazing fish market in funchal with a viewing gallery where you could watch the huge tuna arrive and get cut up.....great parks,.the island has some amazing flowers and scenery..very jealous marra!
  2. Johnap

    Johnap Midfield Contributor

    Good luck with that Bob.
    Bob Fleming likes this.
  3. humbug

    humbug Striker

    how did it go for you today mate? hope it went ok.

    we completed today at dinnertime so now me and mrs humbug now have our own little place in the algarve.
    i'm chuffed to fuckerada, celebrating with a can of full fat vimto :D:D
    HellsBells likes this.
  4. Wicksy

    Wicksy Midfield

    Ours went through on Friday without a hitch.
    Can't wait to get over there in May after furnishings etc are sorted - exciting times - enjoy m8 and lets hope we have done the right thing and make lerds of money
    humbug likes this.
  5. Boz33

    Boz33 Winger

    Oldies have one in the canaries in Puerto Rico on gran can, they spend the winter months there with all the scandis and other oldies. Fuckers are perma tanned now:lol:
    Cheap as fuck being over there for the winter months for them and keeps the old mans arthritis at bay

    JAZZMANB Striker

    Aye he'd be better on with some land and big walls built
  7. Bought one in southern Spain . No buyers regrets yet .
    Typhoonftm likes this.
  8. alicante mackem

    alicante mackem Striker

    15 years renting. I've decided to bite the bullet and buy. Get keys next Monday.
    wigwams and DisillusionedOldGit like this.
  9. looked into it loads of times. Nearly bought near Cala D'or on Mallorca about 15 years and also had a good look around Javea anc north Costa Blanca

    Problem is I like going to lots of different places and if you have a place somewhere you would feel a bit obliged to use it. also unless you get beach front or great great location you can struggle to rent them out for naythign decent as there is just too much supply.

    I keep thinking If I was to do it now I'd buy in the mountains for skiing. Easier to rent out and can still be great in the summer.

    even get somewhere a few milkes down the road nd drive to the slopes
    HellsBells likes this.
  10. Where did you go for?

    Javea is lovely.
  11. a1970man

    a1970man Midfield

    Speaking to a guy who had a place in Spain a little while ago.
    It's all about location.
    His idea was to take the pension pot, buy a big place, live in it and then sell for a profit when old age /health forced him out.

    Problem is that in the 10 years he's had the place, they keep building new places and the newer stuff is up the coast now
    and a few locals have bought the places for themselves now.

    His choices are to stick it out until he physically cant carry on or sell for a loss and buy a sheltered flat in the UK.
  12. it was . great for young kids around the Arenal and the old town isn't too bad either
    Typhoonftm likes this.
  13. We bought a 3 bed 2 bathroom in a functioning fishing village called Villaricos . We are 50 yards from the marina and 200 yards from a sandy beach . It's taken us 3 years, but I'm fairly confident we've done well because of the location. We will not be resident over there just gan when we want to .
  14. Get it rented out to the SMB marra - what could possibly go wrong?
    DisillusionedOldGit likes this.
  15. SPUFF

    SPUFF Striker

    I love Empuriabrava, actually possible to go there n have a few beach days n drive for skiing others (hour each way iirc).
    Trouble is its about the only uneffected place in spain n most places big enough for us are £1m+ :oops:
  16. I've lived in France since I retired 13 years ago and never regretted it for a minute.
  17. I stayed in Busot two years ago and went to El Campello most days for beach/meals. Loved the place
    SargentQ likes this.
  18. HerdnMulhall

    HerdnMulhall Central Defender

    My experience is that very few make anything other than a loss when they decide to go back. There is over supply of mid range to low cost places throughout Spain so unless you've somewhere with a real wow factor you won't see much capital gain. It is a very different market to back in the UK. My advice to anyone is to not rush into anything , be aware that there is and will likely always be an over supply certainly in the next decade and factor that in. If you can, try and keep a place back home. Nonetheless for lifestyle and affordability it's wonderful. One other aspect is, particularly for retirees, is that the Spanish health service varies wildly depending on which of the autonomous regions you end up in.
    If I was starting again, (I bought 15 years ago and have lived here permanently for the last 4) I would move over here and rent for the first few years. House selling and purchasing is a very different experience here and newcomers, particularly those without a basic command of English can be fleeced-often by ex pat con-artists - and until you live here you aren´t aware of some of the amazing opportunities that lurk behind agents commission led patter.
    Having said all that I´m very happy here and have no current plans to go back nor can I see any circumstance that may change that (other than some maybe brexit nonsense down the line, the big fear for many being that in the event of hard brexit there may be a change in reciprocal health arrangements).
    Good luck though.
    Last edited: Jun 25, 2018
    riffraff and HANDSOME_DAN like this.
  19. Parlais vous frog?
  20. Its Him Again likes this.

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