Posted: Tue Aug 20, 2019 8:56am
Hello.
As "newbies" in Pego, recently purchasing holiday home we could certainly recommend it as a place to holiday/live. As mentioned in a previous reply I would be a bit wary of anything very cheap. If you plan a renovation project then make sure you research it very carefully as there is a lot of red tape to go through but if you are prepared to things by the book and legally then you could make a really nice home for a reasonable cost.
Pego is a small town and you can walk to everything. However you really do need a car to get from an airport (Alicante or Valencia) and to get around the area and explore.
When buying a couple of pointers to bear in mind
Make sure you use an independent lawyer. PM me if you want a recommendation of the person we used who was excellent. We signed a Power of Attorney with ours, so she did everything for us.
Whatever the purchase price is, add 13% for taxes and legal fees.
When you find something you want to buy, DO NOT hand over any money until your lawyer has done the initial checks. Its really important to make sure the property is legal and has no debts against it.
Otherwise the process is very simple. If your lawyer has POA then you sit back send the money when requested and just prepare to fly over and pick up the keys.
Good luck with the house hunting !