All posts tagged Purchasing Property in Spain
September has arrived and summer holidays are starting to feel like a distant memory as life returns to its usual pace, and we start to see signs of Autumn. Luckily for us, we are big fans of the changing seasons. Whether in the UK or in Spain, there is something special about the light in September, and watching the colours of the leaves change.
The leaves turning golden as Autumn arrives…
Now feels like a good time to look back at the past few months…
We spent the summertime enjoying the beauty of the Spanish beaches, the endless sun drenched days, and delicious food. Along with our family and friends, we soaked up the Spanish culture as much as we could, and truly enjoyed every moment.
Days and evenings spent by the sea.
Time spent with our loved ones in such a special place means so much to us, as it does to many of our customers too. In fact, one of the main reasons that many of our customers are looking for that perfect property in Spain, is because they want a beautiful home in the sun to spend their precious time with their families and friends.
Shopping at the local markets.
We totally understand, and that desire to find somewhere that makes a beautiful setting for making memories really resonates with us. Spain has been the setting of some of our most wonderful times, both as a family and as individuals.
For us, searching for a property in Spain has always been about helping our customers find the place where they can create those special memories and experiences of their own.
A beautiful setting for making precious memories.
Talk to us today, to share your vision and dreams for your own property in Spain, and let us start the search for you. Together we can find you that perfect place in Spain.
Click here to send us an e-mail, or call us on 0161 870 2276.
Nos vemos pronto!
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Your Place in Spain currently understand that the Brexit decision will affect the purchase process of buying a permanent or holiday home in Spain.
How?
Well firstly we must advise any changes will take effect only when Britain officially leaves the EU and we understand that is circa 2 to 4 years from when the button is pressed, metaphorically speaking.
What will change?
We can only look at how property in Spain is purchased from countries outside of the EU, countries such as Norway, Switzerland, Russia, Australia and America, for example. The process appears to be straight forward, affordable, and manageable.
It maybe a Visa will be required (available on-line in some locations.) It maybe that the legal costs will increase as the process required for a non EU buyer will perhaps be a little more long winded.
It maybe that the Spanish government will require another tax (why wouldn’t they, like every county they may see an opportunity)
Health care
This is an area where uncertainty is high, currently retirees (65 years plus) from the UK receive free healthcare on a reciprocal basis. It has been mooted that many tens of thousands of Spanish people currently live & work in the UK across many sectors, anything that damages that agreement may impact on those people too.
The value of the Euro
This is a difficult one, in as much as since the decision to leave the EU the euro/pound exchange rate fell to as low as circa 1.16 from a pre referendum high of circa 1.30. As we write this document the rate stands at 1.19 fluctuating around the 1.20 mark, interestingly over the last 4 years the rates have been just as volatile with some highs and lows.
One benefit not to be overlooked is that with the current rates any British seller with a view to returning to Britain will receive more sterling, which could suggest that asking prices are open to a haggle.
After speaking with our currency exchange partners we understand that until an exit, and the timeline for an exit is established, the Euro may well continue to be just as volatile.
A Property purchase stampede?
We Brits love Spain and Spain loves us Brits, the weather, the beaches, the cost of living, the people, the golf, and the villages. For many buyers the dream of owning ‘Your Place in Spain’ is still on, with 2 years at least before any changes are likely to be implemented it may just be the time to get serious again about the prospect of buying before any increases are implemented.
Here is a link to an article written by Mr Marl Stucklin a well renowned Spanish Property market analyst: http://www.spanishpropertyinsight.com/2016/06/27/post-brexit-change-will-come-slowly-british-expats-spain/
So should you begin to turn you mind to buying in Spain, let us help. We look forward to hearing your property criteria and requirements and helping you in your search. Take a look around the property on our site, and for further information get in touch here.
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