Tips For Buying And Restoring A Farmhouse In Spain
- Author Angela Rafferty
- Published May 31, 2011
- Word count 513
We all know how crazy the Brits can be when it comes to buying second homes for themselves. If they had a choice to occupy an empty apartment or a farmhouse anywhere, they would prefer the latter. According to market research it has been seen that there is a huge demand by the Brits for restoration houses overseas and this has seen a huge rise since 2009.
Italy and France have always been the preferred destinations for the Brits to go and indulge in property matters and buy renovated projects, but industry experts now opine that the focus has shifted to the rural parts of Spain. Spain has farmhouses, cotijos, caerios, fincas and masias on offer, to lure the interested buyer. In addition to the picturesque landscape and the warmth of the Spaniards, Spain offers its real estate at throwaway prices, compare it with the likes of Tuscany or even Provence and you have a deal that would cost you three times lesser any day.
At £100,000 as a starting value for a 3 bedroom farmhouse, no wonder the eyes are on Spain.
Today we shall list out the 10 best tips for buying and renovating a farmhouse property in Spain, so that you have the best house around when you plan to go there on holiday.
Step 1. Always look for an estate agent who has been in the market for a long time and is REPUTED. He would be able to get you the best project managing professionals and architects to help you with your renovation needs.
Step 2. Learn the language, Spanish. Not a mandate but it would help you to have working knowledge of the language, especially if you want to connect with the locals around.
Step 3. Check if the property you are planning to take on has no outstanding bills, like previous occupants utility outstanding or property payments.
Step 4. The property should be close to travel sources like railways, airports or the shipping harbor if need be, they make the best bets for investors.
Step 5. Confirm with the planners if you can do up or add appeals to the property such as annexes, swimming pools and open areas for entertainment set-ups.
Step 6. Check with reputed home renovation shops such as Casa and Zara Home if you are looking for the best interior needs.
Step 7. Take a recee of the property as often as possible, before, during and after the renovation is done, this would help you plan out the whole project and make changes if need be.
Step 8. Try and explain well enough to the Spanish architects what your needs are, their tastes might differ.
Step 9. Keep an extra budget for property tax, lawyers charges, notary charges and registration of the property.
Step 10. The laws in Spain are unforgiving so better not play against them, just play by them and hence it is important to have a reliable architect to help you with your needs.
We hope these ten tips make good sense and knowledge to you, good luck with your piece of property in Spain, we wish you loads of fun and happiness!!
Angela Rafferty is an employee of Owners Direct Spain - an online resource for buying and selling property in Spain.
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