Insight into the Spanish property market, guides to help you make informed decisions, and a directory of real estate professionals and home service providers from a source you can trust.
This is a website for buyers, owners, and sellers of property in Spain, offering reliable information and resources to help you get things done with confidence. It is run by Mark Stücklin, author of the Spanish Property Doctor Column in The Sunday Times (2005-2008), and the book ‘Need to Know: Buying Property in Spain’ published by Collins.
When you buy or sell property in Spain the sums of money are large, perhaps one of the biggest financial decisions of your life. The high transaction costs you will face like taxes and commissions only make the decision more important to get right. And when you own property in Spain you face a host of extra challenges to manage, and costs to control. Unfortunately, the Spanish property market is opaque and full of pitfalls, and notoriously unprofessional. Buying and selling property in Spain is not a decision to be taken lightly, and you may find it much easier to buy than sell if you don’t take care. In this market it is crucial to do your own research, and don’t rely exclusively on people who are trying to sell you something – let’s just say they might not have your best interests at heart. Spanish Property Insight is the only independent source of information and analysis of the Spanish property market. Don’t even think about buying or selling property in Spain without subscribing to Spanish Property Insight.
Altamira – Santander’s real estate arm – are offering 200 homes with discounts of between 50pc and 58pc. One development in Menorca is particularly interesting.
The development in question is called Sa Caleta, on the edge of Ciutadella, Menorca’s second biggest city, in the north west of the island.
Spacious semi-detached homes of 237m2 with 4-beds, private terraces, communal gardens and pool, etc., from 260,000€.
I’ve been watching this development for more than a year. It started off too expensive, but now I think it’s a good price.
A couple of minutes walk from a pretty cove and small beach, I bet you could get a reasonable rental yield at this price.
Menorca is a gem, largely unspoiled by the building boom. If you are interested in property there, you might want to have a look at this.
Added to which 100pc financing and 40-year mortgage terms (in some cases).
I wish I could say that Santander Altamira were paying me for this, sadly not.
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