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Advice

Posted: Fri Nov 19, 2021 3:10pm
8 replies601 views8 members subscribed
Colman

Posts: 9

Location: Torrevieja

Joined: 19 Nov 2021

Hi how are things I am just looking for any advice I can get. We are an Irish family of 3 myself and my wife both 47 and our 14 year old boy. We are thinking about buying a property with 2 bedrooms for about 70000. I would love any advice you can give me please thank you

Stevec2x

Posted: Sat Nov 20, 2021 9:32am

Stevec2x

Helpful member

Posts: 553

310 helpful points

Location: Playa Flamenca

Joined: 23 Jan 2020

Posted: Sat Nov 20, 2021 9:32am

Hi 

First of all, are you talking about a holiday home, or a permanent one?

Cheers 

Steve 

wmitry

Posted: Sat Nov 20, 2021 11:50pm

Posts: 3

Location: Torrevieja

Joined: 31 May 2021

Posted: Sat Nov 20, 2021 11:50pm

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Zdenek

Posted: Sun Nov 21, 2021 8:47am

Posts: 84

35 helpful points

Location: Playa Flamenca

Joined: 20 Aug 2018

Posted: Sun Nov 21, 2021 8:47am

Hi when you buy property in Spain you Nedd to allow approx 15% on top of the property price to cover purchasing costs, I.e. your 70k house will cost in total 80k. We are also Irish and have bought In Playa Flamenca. We come over to get away from Irish winters. 

Regards Zdenek

ironwheels54

Posted: Sun Nov 21, 2021 5:21pm

ironwheels54

Helpful member

Posts: 55

73 helpful points

Location: Torrevieja

Joined: 17 Sep 2018

Posted: Sun Nov 21, 2021 5:21pm

Hi ,lots of good advice on this site from people who live here all year and holiday homers. What has been said so far is very true and also you need to say wether or not you are considering permanant move or holiday home . I live in the La Siesta area of Torrevieja and you can get homes here for around your price but they will probably need a little work on them and as has been said you need to add the cost of buying ( taxes ,fees etc ) on top of what your budget is. Dont get caught out by this all it will end in tears. You need to add approx10-12% on the purchase price . If you are buying in this area I can put you in touch with a friend who has a estate agent business but he also does conveyancing. He is of Irish descent also and is an ex serviceman so is trustworthy and I can vouch for that as I used him for my purchase in Torrevieja and he has become a friend since. For a general idea of what is available in this area go to JMG estate agents they generally have a range of properties in your range. If you need any more help then dont hesitate to contact me ,Im retired and have time to help you, good luck ,Bob.

Colman

Posted: Sun Nov 21, 2021 6:15pm

Colman

Original Poster

Posts: 9

Location: Torrevieja

Joined: 19 Nov 2021

Posted: Sun Nov 21, 2021 6:15pm

Stevec2x wrote on Sat Nov 20, 2021 9:32am:

Hi 

First of all, are you talking about a holiday home, or a permanent one?

Cheers 

Steve 

A hoilday home for the time but hopefully we will move later on in life

Colman

Posted: Sun Nov 21, 2021 6:17pm

Colman

Original Poster

Posts: 9

Location: Torrevieja

Joined: 19 Nov 2021

Posted: Sun Nov 21, 2021 6:17pm

Zdenek wrote on Sun Nov 21, 2021 8:47am:

Hi when you buy property in Spain you Nedd to allow approx 15% on top of the property price to cover purchasing costs, I.e. your 70k house will cost in total 80k. We are also Irish and have bought In Playa Flamenca. We come over to get away from Irish winters. 

Regards Zdenek

Thanks a million i will take that good advice. I know about the weather here it's freezing at the moment 

Colman

Posted: Sun Nov 21, 2021 6:36pm

Colman

Original Poster

Posts: 9

Location: Torrevieja

Joined: 19 Nov 2021

Posted: Sun Nov 21, 2021 6:36pm

ironwheels54 wrote on Sun Nov 21, 2021 5:21pm:

Hi ,lots of good advice on this site from people who live here all year and holiday homers. What has been said so far is very true and also you need to say wether or not you are considering permanant move or holiday home . I live in the La Siesta area of Torrevieja and you can get homes here for ...

...around your price but they will probably need a little work on them and as has been said you need to add the cost of buying ( taxes ,fees etc ) on top of what your budget is. Dont get caught out by this all it will end in tears. You need to add approx10-12% on the purchase price . If you are buying in this area I can put you in touch with a friend who has a estate agent business but he also does conveyancing. He is of Irish descent also and is an ex serviceman so is trustworthy and I can vouch for that as I used him for my purchase in Torrevieja and he has become a friend since. For a general idea of what is available in this area go to JMG estate agents they generally have a range of properties in your range. If you need any more help then dont hesitate to contact me ,Im retired and have time to help you, good luck ,Bob.

It's a hoilday home at the moment but we would love to live out there in a few years time. Thanks for the friendly advice. I will be hopefully out there on the first week of December 

JBPM1968

Posted: Wed Nov 24, 2021 9:44pm

Posts: 5

1 helpful points

Location: Torrevieja

Joined: 8 Jan 2020

Posted: Wed Nov 24, 2021 9:44pm

Colman wrote on Sun Nov 21, 2021 6:36pm:

It's a hoilday home at the moment but we would love to live out there in a few years time. Thanks for the friendly advice. I will be hopefully out there on the first week of December 

Hi colman .I bought 2years ago.

I was a bit taken back by the amount of charges every year,Suma, property tax , none res property tax, property management fees,water service charges, electric service charges(even if your not using it), insurance, it goes on and on, you'll pay about €1800 + what ever electric and water you use,but still worth it for the lifestyle

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