Is it worth buying a property to rent in Playa Flamenca
Dear all
Please could we ask for your valuable advice. We are hoping to move to Spain next year and have had our quad house for 2 years. We have a dilemma as we would like to keep ourselves busy and have some income and are considering investing in the quad next door that has just come up for sale. It would be a great property to invest in (it needs a little cosmetic work but nothing too much) but we are aware that there are a lot of properties to rent in the area already so wonder if the market is already flooded with available properties and we would end up having it empty with no income. We understand that it takes up to a year to get registered but any advice would be gratefully received.
Many thanks for your help.
Denise and Nick