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Golf / resort with facilities

Posted: Fri Sep 4, 2020 1:11pm
28 replies537 views10 members subscribed
Aaron 101

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Hi. 

I am looking to buy a 2 bed apartment possibly in Alicante but open to ideas and suggestions for anywhere on the Costa blanca (north). I was looking at properties in the - Condado de Alhama (Golf resort) In Murcia. I am looking for a holiday home and also to rent it out when i am not there but i am a bit concerned that this was a bit too far from the Airport and i think i need to be looking closer to Alicante ? Also, any ideas of rental income during peak and off peak in this style of property ? 

Can anyone give me any advice or recommend similar type properties with on site facilities no more than 45mins from the Airport.

I am also looking at apartments with a communal pool and a decent sized balcony or private roof solarium so i'm open to suggestions. 

Many thanks

Aaron

Cheryl

Posted: Fri Sep 4, 2020 1:58pm

Cheryl

Legendary helpful member

Posts: 1939

2030 helpful points

Location: Albatera

Joined: 8 Jun 2017

Posted: Fri Sep 4, 2020 1:58pm

https://www.costablancaforum.comut the scuppers on it at the first stage if they do not feel a holiday /area/all/announcements-1/davebev1s-guides-renting-out-your-property-as-a-holiday-let-in-spain-54868/

Although this guide was produced some time ago it has all the information you need. Prior to Covid some areas were taking up to a year to gain the licence, but the town hall could stop it at the start if they don't want any more lets in the area. Also, if you buy on a community they could vote it down from the get go and from 1st January you will not be able to claim any expenses against tax.
A little while back someone else was talking about golf resorts and the replies stated that they found them very difficult to rent out.

Davebev1

Posted: Fri Sep 4, 2020 8:28pm

Davebev1

Very helpful member

Posts: 739

835 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Fri Sep 4, 2020 8:28pm

Hi Aaron

My first question is simply why a golf resort?  Are you yourself a keen golfer and how often will you visit to play golf?  Generally the annual fees for having a property on a golf course are very high, so unless you will use the facilities a lot it can be an expensive option.  If you don't know a lot about golf you will also have problems answering questions from potential golfing guests about the course!

You talk of Alicante, north Costa Blanca and Murcia.  In Alicante province there are more golf courses in south Costa Blanca than in north Costa Blanca (Alicante city is the dive between the two areas).  Murcia has its own airport but not as many routes as Alicante.  

So you need to decide - Budget, on or off a golf course, location.  How much is it going to be your own second/holiday home and how reliant are you on being able to let out the property?

If letting out the property is essential then you need to understand the Tourist License regulations for the region in which you are buying and buy a property that already has a License, (they are like gold-dust!), or buy one where you can be as sure as possible of being able to obtain the License.  As each region sets their own criteria and Licensing process the rules are different in Alicante (which is part of the Valencian Communidad) to the rules in Murcia region.

I will send a private message as well.

Aaron 101

Posted: Sat Sep 5, 2020 1:07am

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Sat Sep 5, 2020 1:07am

Davebev1 wrote on Fri Sep 4, 2020 8:28pm:

Hi Aaron

My first question is simply why a golf resort?  Are you yourself a keen golfer and how often will you visit to play golf?  Generally the annual fees for having a property on a golf course are very high, so unless you will use the facilities a lot it can be an expensive option.  If ...

...you don't know a lot about golf you will also have problems answering questions from potential golfing guests about the course!

You talk of Alicante, north Costa Blanca and Murcia.  In Alicante province there are more golf courses in south Costa Blanca than in north Costa Blanca (Alicante city is the dive between the two areas).  Murcia has its own airport but not as many routes as Alicante.  

So you need to decide - Budget, on or off a golf course, location.  How much is it going to be your own second/holiday home and how reliant are you on being able to let out the property?

If letting out the property is essential then you need to understand the Tourist License regulations for the region in which you are buying and buy a property that already has a License, (they are like gold-dust!), or buy one where you can be as sure as possible of being able to obtain the License.  As each region sets their own criteria and Licensing process the rules are different in Alicante (which is part of the Valencian Communidad) to the rules in Murcia region.

I will send a private message as well.

Hi

The Golf course resort is a new thought to be honest. I don't even really play but the one that i saw (Condado de Alhama) seemed to have a lot going for it. Many pools, gym and other on site facilities and nice modern looking apartments with roof solariums. The yearly charges didn't seem too bad but i would need to look into it a bit more to be sure. I thought Alicante would be a more popular airport and easier to get flights to and i would like the property to be no more than 45mins to the Airport.  I am open to other places and property types though.  

I'm looking for a holiday apartment that my kids can come and enjoy during the holidays and for me to spend maybe 3/4 months at least to stay myself during the year. I'd like it to have rental potential for mainly friends and relatives. I need to see how it goes once i get there as my circumstances and plans are changing by the day at the moment. Getting a place over there is a definite though. 

I am still trying to see what is possible and if there is a way for me to rent the property out when i'm not there and for it to be reasonably straightforward then that would be a bonus. 

Thanks 

Aaron

Golandrina

Posted: Sat Sep 5, 2020 5:20am

Golandrina

Helpful member

Posts: 545

444 helpful points

Location: Almoradí

Joined: 24 Mar 2018

Posted: Sat Sep 5, 2020 5:20am

Can I suggest that you have a look at Jim's Guides on this site regarding the bureaucracy involved in having a home in Spain.   I believe that it is up to date regarding current legislation and as soon as we know I am sure that Jim will bring the items up to date when the UK leaves the EU at the end of 2020 as many things will more than likely change for Brits.

Davebev1

Posted: Sat Sep 5, 2020 12:08pm

Davebev1

Very helpful member

Posts: 739

835 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Sat Sep 5, 2020 12:08pm

Aaron 101 wrote on Sat Sep 5, 2020 1:07am:

Hi

The Golf course resort is a new thought to be honest. I don't even really play but the one that i saw (Condado de Alhama) seemed to have a lot going for it. Many pools, gym and other on site facilities and nice modern looking apartments with roof solariums. The yearly charges didn't seem too bad ...

...but i would need to look into it a bit more to be sure. I thought Alicante would be a more popular airport and easier to get flights to and i would like the property to be no more than 45mins to the Airport.  I am open to other places and property types though.  

I'm looking for a holiday apartment that my kids can come and enjoy during the holidays and for me to spend maybe 3/4 months at least to stay myself during the year. I'd like it to have rental potential for mainly friends and relatives. I need to see how it goes once i get there as my circumstances and plans are changing by the day at the moment. Getting a place over there is a definite though. 

I am still trying to see what is possible and if there is a way for me to rent the property out when i'm not there and for it to be reasonably straightforward then that would be a bonus. 

Thanks 

Aaron

Condado del Alhama is a lot more than 45 minutes drive from Alicante, probably about 90 minutes.  All golf courses resorts are also car dependent for getting to amenities other than those on site, which is a big financial consideration, especially in summer months, for yourself and visitors.

Legally friends and family can use the apartment for FREE, but if money changes hands, even at 'mates rates', then it technically becomes a rental and you need a Tourist License, specialist insurance, declaration to the Guardia Civil of your guests, do a Spanish tax return (quarterly if you are non-resident) and ensure the property is appropriately equipped and maintained with an emergency contact person (usually the keyholder).  You will also need to employ a keyholder/cleaner who is working legally.

A lot comes down to your budget (sadly, most things come down to that!).  Some of the inland Murcia golf resorts have some low priced apartments at the moment - a lot is unsold stock from years ago, advertised a 'new' but not actually just built, just never sold.  The old adage of "if it is cheap then it is cheap for reason" still applies to property.  Some (and I stress the word some) golf apartments are cheap because they are difficult to sell - too far from town, community fees high, too far from the airport etc.  Properties on the popular and well established resorts nearer the coast are higher (Mar Menor, Roda, La Manga and La Torre for example).  So, equally "location, location, location" applies!  Finding the right area that has property within your budget is key to your search.  You can update a property bit by bit over time to change it to suit your taste, but you cannot change the location of the property.  

Aaron 101

Posted: Sat Sep 5, 2020 2:35pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Sat Sep 5, 2020 2:35pm

Davebev1 wrote on Sat Sep 5, 2020 12:08pm:

Condado del Alhama is a lot more than 45 minutes drive from Alicante, probably about 90 minutes.  All golf courses resorts are also car dependent for getting to amenities other than those on site, which is a big financial consideration, especially in summer months, for yourself and visitors.

Legally friends and family can use the apartment for FREE, but if money changes hands, even at 'mates rates', then it technically becomes a rental and you need a Tourist License, specialist insurance, declaration to the Guardia Civil of your guests, do a Spanish tax return (quarterly if you are n...

...on-resident) and ensure the property is appropriately equipped and maintained with an emergency contact person (usually the keyholder).  You will also need to employ a keyholder/cleaner who is working legally.

A lot comes down to your budget (sadly, most things come down to that!).  Some of the inland Murcia golf resorts have some low priced apartments at the moment - a lot is unsold stock from years ago, advertised a 'new' but not actually just built, just never sold.  The old adage of "if it is cheap then it is cheap for reason" still applies to property.  Some (and I stress the word some) golf apartments are cheap because they are difficult to sell - too far from town, community fees high, too far from the airport etc.  Properties on the popular and well established resorts nearer the coast are higher (Mar Menor, Roda, La Manga and La Torre for example).  So, equally "location, location, location" applies!  Finding the right area that has property within your budget is key to your search.  You can update a property bit by bit over time to change it to suit your taste, but you cannot change the location of the property.  

Hi. 

Thank you so much for the advice. Very helpful. 

I will definitely try to get a tourist licence and insurance and make sure everything i do is legal. I will also make sure i look into getting good legal advice before i do anything but at the moment i really just want to find a place and then go from there. I am still a little way off and realistically i probably won't be able to get over and buy something until the end of the year which i know is not ideal as things are obviously going to be a lot different i'm guessing with Brexit. Unfortunately i am not in a position to move any faster right now. 

The distance and travel time to the airport from the Condado is what put me off and that is why i was wondering if there might be similar type resorts closer to Alicante Airport.  I am by no means set on a Golf resort and i have seen a lot of nice apartments with communal pools which appear to be in quite nice locations so i am open to other options. My plan is to keep looking and try to get a bit of a short list going and then as soon as i can get over i will arrange to try and view some of the ones that i like and have shortlisted. My budget is only around 50/60k but i have seen quite a few nice places and ideally i need to get the property as cheap as possible and allow for all the additional costs. 

Thanks again for the helpful advice.. 

Aaron

Aaron 101

Posted: Sat Sep 5, 2020 2:36pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Sat Sep 5, 2020 2:36pm

Golandrina wrote on Sat Sep 5, 2020 5:20am:

Can I suggest that you have a look at Jim's Guides on this site regarding the bureaucracy involved in having a home in Spain.   I believe that it is up to date regarding current legislation and as soon as we know I am sure that Jim will bring the items up to date when the UK leaves the ...

...EU at the end of 2020 as many things will more than likely change for Brits.

Thank you..

Lancelot

Posted: Thu Sep 10, 2020 5:19pm

Lancelot

Helpful member

Posts: 258

281 helpful points

Location: La Finca

Joined: 24 Jun 2019

Posted: Thu Sep 10, 2020 5:19pm

Have you looked at La Finca golf near Algorfa?

It's about 45 mins from Alicante airport - approx 18 mins from the beach at Moncayo nr Guardamar.

2 bed 2 bath resale apartments start at around 100k eur for upstairs whereas 2 bed 2 bath ground floor ask a little more. There are also 2 or 3 bed bungalows or townhouses for a little more plus detached villas for a lot more :)

No idea about rental but a car is necessary.

Good luck.

Aaron 101

Posted: Thu Sep 10, 2020 6:54pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Thu Sep 10, 2020 6:54pm

Lancelot wrote on Thu Sep 10, 2020 5:19pm:

Have you looked at La Finca golf near Algorfa?

It's about 45 mins from Alicante airport - approx 18 mins from the beach at Moncayo nr Guardamar.

2 bed 2 bath resale apartments start at around 100k eur for upstairs whereas 2 bed 2 bath ground floor ask a little more. There are also 2 or 3 bed bungalows or townhouses for a little more plus detached villas for a lot more :)

No idea about rental but a car is necessary.

Good luck.

Thank you. 

I'll have a look but if the starting prices are around 100k, then that's going be a bit too much for me. I'm kinda hoping to get somewhere for about 60k. I've been looking at quite a few nice apartments nearer to Alicante. I think i'm going to have to try and find a few places that i like the look of and then try and get over at some point to few a few places and try and get a bit of a feel for the areas also.  Do you know what Torrevieja is like ? It comes up as the most dangerous places in spain apparently but then i've read a few things where people are saying it very safe. 

I need to get over and check a few areas out i guess. 

Thanks for the advice..

Aaron

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