Just askng?

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This topic contains 25 replies, has 15 voices, and was last updated by Profile photo of angie angie 3 years, 8 months ago.

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  • #57356
    Profile photo of katy
    katy
    Spectator

    Who currently posting on this forum actually lives or owns property in Spain ❓

  • #116268
    Profile photo of Anonymous
    Anonymous
    Participant

    Everyone apart from you and Angie, surely?

  • #116270
    Profile photo of marios
    marios
    Participant

    I own.

  • #116271
    Profile photo of katy
    katy
    Spectator

    Going by the threads I reckon only 3 or 4! I may be wrong but i can only recall Chopera, Gary,Mark and Rocker, its me…and marios.

  • #116272
    Profile photo of GarySFBCN
    GarySFBCN
    Participant

    You’re correct katy, I own, but I will not be a ‘fiscal resident’ until 2015 or later. Even though I’m planning early retirement within the next 10 months, I’ve been asked to consult on a few projects and that extra money can be used to pay down the mortgage, or possibly purchase another piso.

  • #116273
    Profile photo of zenkarma
    zenkarma
    Participant

    Ahem.

    Not forgetting me I hope and you know where the flat is too!

    But I’m not resident there.

  • #116275
    Profile photo of Chopera
    Chopera
    Participant

    I think Shakeel does as well, but to be frank there aren’t that many posters on this forum and it’s attraction (to me at least) is that it’s not only about Spanish property. Maybe it should be renamed to “All about Spanish property and the economy” (which is what they did on housepricecrash.co.uk when they realised that people were posting about economics and current affairs as much as house prices on the main forum).

  • #116278
    Profile photo of Anonymous
    Anonymous
    Participant

    When I joined this forum in 2007….

    I owned 2 properties in Spain.

    Now I own 1 property in Spain.

    I wish I owned 0 properties in Spain.

  • #116285
    Profile photo of Anonymous
    Anonymous
    Participant

    Not direcly but my extended family does on Mallorca.

  • #116286
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    live & own

  • #116287
    Profile photo of katy
    katy
    Spectator

    Then I was wrong 🙂 Fuengi, don’t know why I forgot you 😳

  • #116298
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    😥

  • #116344
    Profile photo of Arthur Stuttard
    Arthur Stuttard
    Participant

    I’ve owned since 1980 and commute.

  • #116361
    Profile photo of Anonymous
    Anonymous
    Participant

    I live in Spain and plan to stay put. There are plenty of things wrong with Spain, but it’s the same story everywhere. The UK is hardly a paragon of excellence.

    I’m fully aware of this country’s faults, but I can’t imagine a nicer place to live.

    South Africa? It’ll go the way of Zimbabwe with time (where I lived for 5 years). Security is a serious problem.
    Kenya? It was paradise in the 70s and early 80s when I was a child growing up there. Now it’s still a lovely place to visit, but I wouldn’t live there again if you paid me.
    South of France? Perhaps, but France has serious problems too, and is firmly in denial about them. Easy to visit as much as I want from where I am now, and climate not quite good enough anyway.
    Florida? Hmm, I dunno. I’m not sure I could stomach all that homeland security stuff.
    Australia – too far away from family and friends
    Chile – same as Australia
    Dubai – no thanks
    Turkey – long term political risk and the islamists slowly take over

    Everyone will have their own criteria. Nowhere is prefect. Catalonia will just have to do for me.

  • #116362
    Profile photo of Chopera
    Chopera
    Participant

    @mark wrote:

    I live in Spain and plan to stay put. There are plenty of things wrong with Spain, but it’s the same story everywhere. The UK is hardly a paragon of excellence.

    I’m fully aware of this country’s faults, but I can’t imagine a nicer place to live.

    South Africa? It’ll go the way of Zimbabwe with time (where I lived for 5 years). Security is a serious problem.
    Kenya? It was paradise in the 70s and early 80s when I was a child growing up there. Now it’s still a lovely place to visit, but I wouldn’t live there again if you paid me.
    South of France? Perhaps, but France has serious problems too, and is firmly in denial about them. Easy to visit as much as I want from where I am now, and climate not quite good enough anyway.
    Florida? Hmm, I dunno. I’m not sure I could stomach all that homeland security stuff.
    Australia – too far away from family and friends
    Chile – same as Australia
    Dubai – no thanks
    Turkey – long term political risk and the islamists slowly take over

    Everyone will have their own criteria. Nowhere is prefect. Catalonia will just have to do for me.

    Have you considered Cyprus?

    Seriously though, your thought process is similar to mine. Also having a Spanish wife and the attractions of bringing up kids in Spain swings it for me (not just them being bilingual, but it is relatively cheap to bring them up in a happy and stimulating environment). Maybe when they’re older we’ll consider moving back to the UK (I actually like the UK as well) but unless our situation here changes I can’t see it happening for at least 10 years.

  • #116363
    Profile photo of angie
    angie
    Spectator

    Where to live, where to buy for low completion costs and growth? 🙄

    I don’t like Osborne but following his budget with great emphasis on the UK housing market, we are buying another property in the UK because prices are now likely to rise more. Agents in the suburbs of London have told me that they are now getting offers over asking asking prices, at least 5% rise over last years prices in many cases. High rental returns also make sense, you can get £1200-1400 per month in places like Ewell for an ordinary 2 bed terrace costing £220k-£260k a return of 6%+ , and more chance of capital growth in the next 2 years or so. Plus a shortage of property generally.

    With completion costs of only 1-5% compared to Spain’s 10-11% plus lower costs to sell in the UK I expect a lot of smart overseas money including Cypriot Russian money will find it’s way to London and other hot spots in the UK. 😉

  • #116364
    Profile photo of logan
    logan
    Participant

    France does it for me despite the high taxation and neo-communist tendencies. I know the country has troubles but it’s economy in principle is sound if they could only control the unions.

    France has one of the finest healthcare services in the world. (it saved my wife’s life). It has a system of government that works efficiently despite the high level of bureaucratic procedures and civil servants. Corruption is low and there is an effective rule of law. The roads are relatively uncongested outside the cities, especially the autoroutes if you want a fast expensive trip.
    The countryside is green and pleasant, massive personal space, good climate south of the Loire Valley and property and land reasonably priced except on the Riviera. France is central to everywhere. I can be in Italy in half a day, Germany in a few hours and Spain in less than 2 hours and the Atlantic beaches in 60 minutes….

    Oh and wonderful food and wines.

    I have really considered relocating especially after Hollande was elected but I’ve decided to stay put and pay up. After all life’s great lesson is in the end you get what you pay for. 🙂

  • #116365
    Profile photo of Chopera
    Chopera
    Participant

    Yes the UK suddenly looks a bit more attractive for property. I’ve rented out flats to professionals and students in Brighton over the years, and I’m considering dabbling again. You can get 6 or 7% yields renting houses to students these days (about half what it was 10 years ago) but if protecting your money is the name of the game then it might still be attractive.

  • #116366
    Profile photo of angie
    angie
    Spectator

    Bearing in mind the USA is off the map because of visa/entry requirements, my choices purely for life-style would be France and Italy, scenic, good weather down south compared to UK, and for no overbuild generally, maybe parts of inland Spain too.

    However for investment now and familiarity/safety, under-supply, low costs involved, the UK is looking a good bet provided there’s not another World crisis 😉

  • #116367
    Profile photo of Anonymous
    Anonymous
    Participant

    What about Ireland….. I’ve lived in the UK and Spain and enjoy it here far more. Our two children are having a fantastic time with all the sports on offer. Today is blowing an icy gale but hey ho…. better than burning sun and the desire to throw rotten tomatoes at the banks…;)

  • #116368
    Profile photo of marios
    marios
    Participant

    @itsme wrote:

    What about Ireland….. I’ve lived in the UK and Spain and enjoy it here far more. Our two children are having a fantastic time with all the sports on offer. Today is blowing an icy gale but hey ho…. better than burning sun and the desire to throw rotten tomatoes at the banks…;)

    Every time I go to Ireland the weather is dire, so that’s off my list.

  • #116369
    Profile photo of Anonymous
    Anonymous
    Participant

    It was lovely and sunny on Thursday… you have to pick your day 🙂

  • #116370
    Profile photo of DBMarcos99
    DBMarcos99
    Participant

    There are still a lot of good things about the UK, but I’m afraid trying to keep the housing bubble going (started by Brown), isn’t one of them.

    http://www.thedailymash.co.uk/politics/politics-headlines/this-housing-boom-will-be-perfect-says-osborne-2013032163413

    The chancellor insisted that all the previous housing booms were fatally flawed, but that after a series of late nights, hunched over his desk, he had now perfected the system.

    He told MPs: “The key difference this time is that I am making it much easier for people with no money to get a mortgage.

  • #116371
    Profile photo of Anonymous
    Anonymous
    Participant

    Like Mark, Chopera, and a million other expats, Spain is the place for me. But I have to add – barring major world events beyond my control.

    Those idiotic UKIP people could derail my plans for the Spanish future, so could horrible currency traders like that despicable George Soros, and if Cyprus gives the UK military base to Putin, all hell could break loose.

    I don’t expect any of those extreme events to happen and hope to continue living in paradise until the end; many years away, I hope.

    http://www.youtube.com/watch?v=vW7tot5trgE

    I hope you’ve got your handkerchief ready, Katy! (And you, Logan).

  • #116372
    Profile photo of Chopera
    Chopera
    Participant

    @dbmarcos99 wrote:

    There are still a lot of good things about the UK, but I’m afraid trying to keep the housing bubble going (started by Brown), isn’t one of them.

    http://www.thedailymash.co.uk/politics/politics-headlines/this-housing-boom-will-be-perfect-says-osborne-2013032163413

    The chancellor insisted that all the previous housing booms were fatally flawed, but that after a series of late nights, hunched over his desk, he had now perfected the system.

    He told MPs: “The key difference this time is that I am making it much easier for people with no money to get a mortgage.

    Agreed. Unfortunately “should do” has absolutely nothing to do with “actually is going to do” when it comes to politicians. The banks won’t collapse and by hook or by crook tax payers money will always be used to ensure that people become enslaved to them.

  • #116373
    Profile photo of angie
    angie
    Spectator

    I don’t agree with successive UK Gov’ts reliance on and the artificial inflating of the UK property market, bog standard property in and around London is very expensive as it is, young people find it hard anyway to get on the ladder, but this also happens with other forms of markets globally too, a Soros steps in, a war starts, and before you know it a currency is bought or sold off, gold rockets, property booms or crashes as do stock markets. The most some of us can hope for is to get in near the beginning of a lift-off, get out before the others do and make some profit, and property has been very good for us personally, the one market that has really helped us, as has currency twice although I steer clear of it normally. We never hang on too long with a profit on a particular property, I think Rothschild said ‘you never get poor by taking a profit’, and someone said ‘leave something for the next man’, it works too 😉 😛

    Whatever any of us do though is often out of our hands, if I bought shares tomorrow the market would fall in the short term 🙄

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