Sunny in winter area - Page 3

dinnerout wrote on Sat Jan 21, 2023 12:50pm:

I think the Denia area might be exactly what you're looking for. Regarding the sun/shade issue, yes the mountains are quite close to the coast but there are plenty of locations unaffected by that.

July and August are usually hot with highs on average around 34° day, 23° overnight. August can occasionally be hotter than that. January/February can be cold, occasionally as low as 12° day and 8° overnight. It can be humid at times in the summer but not Caribbean style....

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You can drive to Valencia in 60 minutes but there are regular buses. A lot of people drive to Xeraco (just north of Gandia) where there is easy parking at the train station, take the train into Valencia central from there.

Xativa is very nice, convenient for the A7 to drive into Valencia, but I don't know it well enough to recommend or not. It's a fair distance to the coast from there though.

If you would like Estate Agent recommendations for Denia area I can do that, just ask. But before engaging Estate Agents on a property search I would recommend visiting the areas you're interested in and reaching a final decision about where you want to buy.

Kind regards, Steve

soundofmusic wrote on Tue Mar 14, 2023 8:27pm:

Hi Steve 

I am starting to look for a property in Denia, have you got any recommendations for estate agents and lawyers and any advice on the process of buying would be great ! Thanks 

dinnerout wrote on Wed Mar 15, 2023 11:45am:

Hi there....

My Agogado is in Altea, but I have seen Vives Pons in Denia recommended before. There are a couple of others that have been recommended and I'm sure folk will add them to the thread.

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There's no need to fear any agent as such, they can only be a problem if they ask you for money - eg a reservation fee. Always pay any monies to the Vendor solicitor and never to an agent. An agent should also never ask for a finders fee. Sales commissions for the vendor are high in Spain and it's not uncommon for agents to share the commission paid by the vendor. This happens when an agent finds you the property you want to buy but it is listed with another agent.

I can recommend HomeEspana, click on the blue link for their website.

Here is their website

But really any agent should be ok as long as you follow the golden rule about never paying them a reservation fee, typically they might ask for 3000.

Always use an Abogado that is independent of the Agent, ie never use the one they recommend. 

Standard buying procedure is 

1 Payment to the vendor to reserve the property. At this point it should be removed from listings but often isn't. 

2 The balance of 10% within 4 weeks. If you pull out after paying the 10% you lose it, if the vendor pulls out he will be legally obliged to pay you double your deposit.

3 The sale price minus the 10% at completion before Notary. 

Be aware that buying a property in Spain is making an ongoing financial commitment because even if you rarely use it there will be Community fees (if in a block or Urbanisation), utility standing charges, banking costs (depending how you arrange your finances), maintenance costs, rates, basura (rubbish collection) etc. This isn't to put you off, just to be aware that these costs click through no matter how often you use the property. 

I'm pretty familiar with Denia, lived here now for 7 years, so if you have any questions don't hesitate to fire away.

Steve

soundofmusic wrote on Wed Mar 15, 2023 11:57am:

Hi Steve

That’s really helpful, thank you! I was talking to someone from Home Espana just this morning . I am looking at an apartment in the Las Lomas complex , do you know much about this particular place? Your help is greatly appreciated!

dinnerout wrote on Wed Mar 15, 2023 12:20pm:

Despite the size of the area, strange to say I have stopped outside that development several times. It stands out because of their choice of dark brick, possibly a good thing as it will reduce repainting costs for the future  (White blocks get colour degrade over time with the Sahara rains)....

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... It's an imposing development. There are some empty plots around it so there could be more buildings to follow there. The screenshot attached shows a plot right in front of it and I couldn't work out what is there. I mention this only because current views from terraces may change in years to come.

It looks like an upmarket development and I think the prices support that theory. It's a good location, back from the front line but an easy walk to the beach. It's well out of Denia itself so you would need to take the car into town, but there is a regular bus service along that strip.

When I have stopped to look at it more recently there's evidence of some apartments sold (plants etc on the terrace). See screenshot below.

Hope that helps in some way!

Steve

soundofmusic wrote on Wed Mar 15, 2023 12:31pm:

Thanks Steve for the information, you have been really helpful! I was talking to one of the agent this morning about an apartment there and he said that the developer is building another phase soon so yes you are spot on that there will be more to come there ! One thing the agent said to me was a...

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... reservation fee ( near to 5000 euro) which he said is payable to the developer at this stage and is refundable should the lawyer finds anything that is not agreeable to go forward!! Is this normal ? Thanks again 

dinnerout wrote on Wed Mar 15, 2023 12:55pm:

I'm not sure if that's normal these days, although I did it myself when I bought in a new development in Altea 1984! Maybe someone reading this thread can comment on that. What worries me with that request is that if you decide to pull out can you get your money back. But, if HomeEspana advise th...

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...at they believe it's ok you need to get a deposit agreement that clearly states the reservation fee is refundable up to x days after payment. Usually 30.

It sounds like you're a serious buyer so I would suggest appointing an Abogado at this stage, and ask for everything to go through them. Your Abogado will check that everything is legal, that all costs associated are correct, and ensure that everything is carried out in your best interests. It's money well spent.Your Abogado will also set up utilities in your name, including Direct Debits to your nominated bank.

Also, worth asking HomeEspana if a Community of Owners has been set up and whether community rules and (most importantly) fees have been set. Community fees are usually charged quarterly by the Community Administrators. (All Communities are regulated under the "Ley de Propriedad Horizontal" a Spanish law that dictates how Communities of Owners are managed) There is an elected President and an appointed Administration company that makes communal payments, manages the budget, etc etc.

Budget for purchase tax of 10% and total purchase costs in the region of 12-14% of value. 

Don't get sucked into the mindset that you'll lose your dream property if you don't act fast! By all means act quickly but protect your interests. 

Steve

soundofmusic wrote on Wed Mar 15, 2023 1:32pm:

Rightio , thank you so much Steve, i really am serious about buying a holiday home and through research I thought Denia is a good place to be!! Once I get a list of possible properties together I will make a trip over to see what Denia is really like ! This apartment is about 6km from the centre ...

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...but I prefer it a bit quieter like this. Do you know if this area is a good neighbourhood? And if it’s ok with you I would like to keep in touch with you to help guide me through this process ? I am real novice and just don’t want to be throwing  my life saving away with making the wrong decisions! Your help so far is Much appreciated . Thanks again 

dinnerout wrote on Wed Mar 15, 2023 4:14pm:

It's a very quiet location, no bars or restaurants immediately around it.

Very happy to help with advice whenever you need it, happy hunting.

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Kind regards, Steve