Why are so many of you moving back - Page 3

So far you've listed the following reasons for failing to sell in 10 years

* Brexit

* Womens off the shoulder fashion

* Modular design

* Excessive agents fees

* Dirty British homes

* The colour white

* Poor reach of websites (the clue is in the name - world wide web!)

* Repossessions

Have you considered it just might be something else?

Looking at your list:

Brexit - one can hardly deny that this has had a major effect even if only looking at a drop of the pound from €1.40 to €1.12. I think you already agree on that one.

Fashion - at my age I have seen countless fashions come and go - don't you remember the round tour brigade!? Round rooms where no normal furniture will fit well. This started with a German fashion and now the properties are shunned to a greater or lesser extent. I didn't say that womens' fashion prevents property sales!!!!

Actually I didn't mention agents' fees which as you know are about 6% with tax. What I said was transaction fees are stupidly high (and that obviously includes the agent's 6%). I know that they have to charge these kind of fees to compensate for the miserable volumes of sales compared to England. You agreed on that point.

Dirty homes! Well we all make throw away comments from time to time! England has become a nation of haves and have nots mainly because of the actions of central bankers and money printing. The current crisis was triggered by irresponsible banks exacerbated by governments using taxpayer funds to bail them out. One sees more about the have nots on TV than others. Many live in deplorable conditions and often crowded conditions thus prompting my comment. England is not alone in this economic malaise. So long as a country spends more than it creates, it will become impoverished. This is a worldwide issue that central banks and governments would rather were not discussed.

White? Read my comments on white boxes again. Perhaps what you say is right on this. Nevertheless I would maintain than many are very poor value for money.

Web sites? Some are better known than others. You agreed that Rightmove was a good one. Some are not so good. The underlying reasons I think lie in the extent of promotion associated with each site and that of course in itself costs money. The design also plays a major part.

Repossessions - well I think we agreed on this one.

Something else? What might that be?

Yes Kimmy I was, at least to a certain extent. The best possible presentation is vital. But if a property is undesirable because of - examples - location, urbanisation, architecture, condition - staging and marketing may not be enough to sell it in a reasonable timeframe. 

As an example, up here in the CBN, younger buyers are less keen on the old turreted ballustraded design popular in the 70's to 90's, so these properties often have a more restricted market. Young people know they're expensive to heat and maintain. That's not to say they don't sell, but there's a lot of them. Newer designs sell faster on a like for like basis. 

But whether it's a 1 bedroom apartment in a high rise or a 5 bedroom villa, physical presentation and website photography is vital. 

Steve

A friend has a transport company and he says he is so busy moving people to Spain it is like rats leaving a sinking ship and not the other way!

I don’t know why brits sure moving back to the uk,as what do you get,cold weather high prices for everything,and getting so,that some people up north are fed up with imagination.

We bought in Campoverde 18 months ago intending at some stage to retire here.  We moved over permanently last month as we love it here so much we didn't want to wait any longer !  We were in the fortunate position to be able to sell up and retire early, so we thought why wait !.  We got our residencia as soon as we moved here (having made the appointment few months early when we put our place on the market) .  Love it here......hope you find the right property in Campoverde and welcome :-) 

We are selling up to go back to England to be nearer family.also if my partner can't drive we are stuck not many buses I can't drive.nothing to do with brexit. Been her 13 years.

good luck with move back to UK -Sheila47  wish you all the best.  Understand driving aspect, we chose Campoverde with a long term view that when we both can no longer drive we have the facilities at Campoverde not to need to go elsewhere...……  also we look forward to getting OAP motorised chairs and race each other around Campoverde ………...so watch out everyone in the area lol 

Hi I will tell you why and not buying another property in Spain,[ TAX,] They have realized that selling and then buying costs to much, why do you think that the Spanish in general do not move, [TAX,] the sooner the Spanish tax authorities realize this the better, example a friend of mine sold 1 for 225000 eurors by the time he had paid his taxes etc.and then buying costs he could only afford 1 at 170000 and anyone who thinks different have there head in the clouds in other words he would have lost 55000 euros for nothing

Absolutely right! Agent 6%, Notario, tax and registry 13% - total to sell then buy 19% so that €38,000 out of a sell then buy at €200,000. Sorry! I say buying property in Spain is the worst investment I ever made having lost around 40% of what we paid. Only buy if you never intend to sell. And, if you want to holiday let - forget it!