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Golf / resort with facilities - Page 2

Lancelot

Posted: Thu Sep 10, 2020 7:59pm

Lancelot

Very helpful member

Posts: 687

768 helpful points

Location: La Finca

Joined: 24 Jun 2019

Posted: Thu Sep 10, 2020 7:59pm

Aaron 101 wrote on Thu Sep 10, 2020 6:54pm:

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 loo...

...k 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

Yes you will have to come out and look. I've only stayed in Torrevieja for holidays in the past through sites like booking dot com. I go there for my banking and our solicitor is also based there. Some nice beaches to be had there and it doesn't feel like the most dangerous place in Spain. It's a working Spanish town which is a tourist destination for Spanish as well as other Europeans. It's not top end but that's part of its charm. I liked it when I was taking holidays because you can walk to the beach or restaurants/ bars but wouldn't want to live there if that makes sense. Just my view of course.

Davebev1

Posted: Thu Sep 10, 2020 11:41pm

Davebev1

Legendary helpful member

Posts: 1573

2227 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Thu Sep 10, 2020 11:41pm

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.

Thete has been a serious problem getting the Certificate of Compatibility from Algorfa Town Hall, so unless a property on La Finca or neighbouring urbanisation of Montemar already has a License it won't be able to get one any time soon.  It is a difficult situation.

Sailor Thess

Posted: Mon Sep 14, 2020 12:30pm

Posts: 43

31 helpful points

Location: Algorfa

Joined: 24 Jan 2019

Posted: Mon Sep 14, 2020 12:30pm

Aaron 101 wrote on Thu Sep 10, 2020 6:54pm:

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 loo...

...k 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

Hi Aaron, I live in Montemar- urbanisation close to La Finca, but because it is not «on» La Finca the prices are a bit lower here.     This whole area is really good and affordable.  
I am surrounded by smaller towns and villages within easy reach.
Look at Algorfa, Almoradi, Rojales,  Los Montesinos.   We are 35 min away from Alicante airport, straight off the A7 highway.    A feel of countryside but only a quick 20 min by car to the Guardamar beaches.    
I have been here for 1 1/2 year and love it!! 

Davebev1

Posted: Mon Sep 14, 2020 1:18pm

Davebev1

Legendary helpful member

Posts: 1573

2227 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Mon Sep 14, 2020 1:18pm

Sailor Thess wrote on Mon Sep 14, 2020 12:30pm:

Hi Aaron, I live in Montemar- urbanisation close to La Finca, but because it is not «on» La Finca the prices are a bit lower here.     This whole area is really good and affordable.  
I am surrounded by smaller towns and villages within easy reach.
Look at Algorfa, Almorad...

...i, Rojales,  Los Montesinos.   We are 35 min away from Alicante airport, straight off the A7 highway.    A feel of countryside but only a quick 20 min by car to the Guardamar beaches.    
I have been here for 1 1/2 year and love it!! 

Hi Sailor Thess

I agree with what you have said about Montemar, very good value area.  However Aaron is looking for a property to rent out as a holiday let when not using it themselves and Algorfa Town Hall are not issuing the Compatibility Certificates needed for the Tourist License application.  The only option would be to buy a property on Montemar that already has a License as it transferable to the new owner, but they rarely come onto the market.

Sailor Thess

Posted: Mon Sep 14, 2020 1:28pm

Posts: 43

31 helpful points

Location: Algorfa

Joined: 24 Jan 2019

Posted: Mon Sep 14, 2020 1:28pm

Whops  failed to remember he was looking to rent out!  
Sorry 😊.   Part of why I also like it here.... smaller communities without others than family/friends visiting and staying in the area.  🥰

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Aaron 101

Posted: Wed Sep 16, 2020 12:11pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Wed Sep 16, 2020 12:11pm

Thank you.

I'll make sure i bare that in mind. A lot to take on board so in need to make sure i get it right. I really need to narrow down my search a bit. I have been looking online at properties between Murcia & Alicante area. I don't want to be to far inland and the place needs to be quite easy to get too. There is a lot to choose from by the look of it and as soon as i see one i like i'll turn the page and find another :) I think i need to just be clear with exactly what i want from it. I am now looking to see if there is a way that i might be able to stay in the spanish property for six months of the year & still be able to get an income from back in england that will cover that but then possibly rent it out for the odd weeks while i'm in spain as i also want to get a campervan and travel around a bit so might look to do this. I will have a one bed flat back in England that i will rent out also & then come back to work for six months. These are all ideas but i just have to see how it can make it work. Do you know if some of the golf resort properties would be more likely to have the rental licence already or if it might be easier to obtain on this type of property ? 

If i am going to be spending as much time in spain as i hope then the i have to get it right with my choice. I have seen a couple of really nice apartments that i like the look of in Algorfa but at the same time there are some of the golf resorts with all the on site facilities that i like the look of too. I'm just going to do as much research as i can & then get over and view a few places and areas. 

Thank you for the advice..

Aaron

Davebev1

Posted: Wed Sep 16, 2020 12:37pm

Davebev1

Legendary helpful member

Posts: 1573

2227 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Wed Sep 16, 2020 12:37pm

Aaron 101 wrote on Wed Sep 16, 2020 12:11pm:

Thank you.

I'll make sure i bare that in mind. A lot to take on board so in need to make sure i get it right. I really need to narrow down my search a bit. I have been looking online at properties between Murcia & Alicante area. I don't want to be to far inland and the place needs to be quite easy to ge...

...t too. There is a lot to choose from by the look of it and as soon as i see one i like i'll turn the page and find another :) I think i need to just be clear with exactly what i want from it. I am now looking to see if there is a way that i might be able to stay in the spanish property for six months of the year & still be able to get an income from back in england that will cover that but then possibly rent it out for the odd weeks while i'm in spain as i also want to get a campervan and travel around a bit so might look to do this. I will have a one bed flat back in England that i will rent out also & then come back to work for six months. These are all ideas but i just have to see how it can make it work. Do you know if some of the golf resort properties would be more likely to have the rental licence already or if it might be easier to obtain on this type of property ? 

If i am going to be spending as much time in spain as i hope then the i have to get it right with my choice. I have seen a couple of really nice apartments that i like the look of in Algorfa but at the same time there are some of the golf resorts with all the on site facilities that i like the look of too. I'm just going to do as much research as i can & then get over and view a few places and areas. 

Thank you for the advice..

Aaron

Remember the 90 day rule.  You wont be able to stay in Spain continuously for 6 months unless you become a resident, in which case that would limit the time you spend in the UK.  After the end of the transition period things will be more closely monitored because they already are for those outside the SM (ie those that don't have the freedom of movement that we have enjoyed until now).  Plus ETIAS will be coming into play properly at some point in the not too distant future, which will automatically flag up all overstays.

You need to decide - are you buying to rent it out or are you buying to live in it?  The two criteria can go together but the first limits your choices in both location and design.  Also, unless you are going to rent it out seriously then it will end up costing you.  The annual costs of insurance, advertising and filing tax returns (every quarter if not resident, only annual if you are resident), plus Spanish tax, UK tax return if you are still a UK resident, wear and tear, keyholding and cleaning, welcome packs, admin time and breakages all add up, so you have to let it out enough to cover those and the cost of setting it up properly in the first place.  You will also need somewhere secure and dry to store all your own personal belongings when you are renting it out.

Yes, lots to think about.  But you need to visit and see areas, not just look at properties online.  They say the camera never lies, but it does! You cannot judge a property, let alone an area, from photos alone, especially when those photos are promotional material.

Decisions to make before you start looking at properties: where, how much, for what purpose.  Plus are you going to apply for Spanish residency so can live there 6+ months of the year (and limit visits to the UK) or are you going to live in the UK and work around the 90 days in 180 days rule that applies from end of transition (assuming no SM access).  If you want to live in Spain, will you qualify for residency after the end of transition?

Aaron 101

Posted: Wed Sep 16, 2020 12:47pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Wed Sep 16, 2020 12:47pm

Sailor Thess wrote on Mon Sep 14, 2020 1:28pm:

Whops  failed to remember he was looking to rent out!  
Sorry 😊.   Part of why I also like it here.... smaller communities without others than family/friends visiting and staying in the area.  🥰

Hi. 

Thank you so much for the helpful advice. I have seen a couple of really nice apartments that i like the look of in Algorfa with one in particular that i had saved a couple of weeks ago and i keep going back and looking at it online. Looks to have a nice feel about it but that's all good me saying that as i know i have to get over and have a proper look before i can be sure or make a decision. 

I'll really have to find out more about the compatibility certificates / tourist licence. I would be in no mad rush to rent the place out but it would definitely be something that i would need to get as there would be periods when i'm not staying there so it would be good to try and make some extra money if i can.  I have not seen any of the properties advertised with the tourist licence so i guess this might be something i need to speak to the Estate agent about ? I'm guessing that would increase the property price also ?

I'll also have a look into Montemar as this is not a area that i have seen when looking at properties online but now i know i will look into it a bit more. It sounds really nice. 

Thanks again

Aaron

Aaron 101

Posted: Wed Sep 16, 2020 1:23pm

Aaron 101

Original Poster

Posts: 10

Location: Alicante City

Joined: 4 Sep 2020

Posted: Wed Sep 16, 2020 1:23pm

Davebev1 wrote on Mon Sep 14, 2020 1:18pm:

Hi Sailor Thess

I agree with what you have said about Montemar, very good value area.  However Aaron is looking for a property to rent out as a holiday let when not using it themselves and Algorfa Town Hall are not issuing the Compatibility Certificates needed for the Tourist License application.  The ...

...only option would be to buy a property on Montemar that already has a License as it transferable to the new owner, but they rarely come onto the market.

Hi Sailor Thess

Thank you so much. That was very helpful.

I'd never heard of Montemar and don't think I've even seen any properties while looking online but i'll definitely look into it now. it sounds lovely and i'm glad you have enjoyed your time there. 

I have so much to think about with regards to exactly what i want from the property. A part of me would like to move over for good but i need to spend a bit of time there to see if that could be an option and if i feel that it's something i could do then i might look to get a second property over there purley to rent and then help with my living costs but we shall see as i wouldn't really be able to get work over in Spain so not sure that would give me enough to live on and also that would leave me less to get a place over here which is another thing that i want to do.  Don't want to put all me eggs in one basket..  Lots to think about. I've been to Spain many times over the years for holidays and have a few friends that have places dotted about in different parts but obviously this is completely different to a two week holiday and it's a massive step but i'm at a point in my life where i need a change and this could be a good thing. Guess you'll never know until you do it :) 

Anyway, thanks again for the helpful words and advice. 

Aaron

Davebev1

Posted: Wed Sep 16, 2020 1:30pm

Davebev1

Legendary helpful member

Posts: 1573

2227 helpful points

Location: Playa Flamenca

Joined: 7 Nov 2017

Posted: Wed Sep 16, 2020 1:30pm

Aaron 101 wrote on Wed Sep 16, 2020 12:47pm:

Hi. 

Thank you so much for the helpful advice. I have seen a couple of really nice apartments that i like the look of in Algorfa with one in particular that i had saved a couple of weeks ago and i keep going back and looking at it online. Looks to have a nice feel about it but that's all good me sayin...

...g that as i know i have to get over and have a proper look before i can be sure or make a decision. 

I'll really have to find out more about the compatibility certificates / tourist licence. I would be in no mad rush to rent the place out but it would definitely be something that i would need to get as there would be periods when i'm not staying there so it would be good to try and make some extra money if i can.  I have not seen any of the properties advertised with the tourist licence so i guess this might be something i need to speak to the Estate agent about ? I'm guessing that would increase the property price also ?

I'll also have a look into Montemar as this is not a area that i have seen when looking at properties online but now i know i will look into it a bit more. It sounds really nice. 

Thanks again

Aaron

Montemar comes under Algorfa Town Hall - no chance of getting a Compatibility Certificate from them, they have stated categorically they will not issue any; no Certificate means you cannot apply for the License.  Every Town Hall can set their own additional rules over issuing Certificates and those that do issue can take a long time to do so.  A community can now also object to new Licenses being issued on their community.  You need to stay realistic - if renting out the apartment is important only look where that will be an option.

Properties that have an existing License rarely come onto the market but it is worth keeping an eye out and acting fast if you see one.  I come across them occasionally, but finding one you like, in a location you like and at the right price is hard.

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