Briton buys abandoned Spanish village for 45,000 Euros

Spanish Property Insight Forums Spanish Property Forums Real Estate Topics, News & Discussion​ Briton buys abandoned Spanish village for 45,000 Euros

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    • #57519
      Anonymous
      Participant

      British buyers are snapping up entire villages in Spain for a fifth of the price of the average semi-detached home here.

      Property bargain-hunters are making the most of Spain’s economic crisis to buy homes locals can no longer afford to keep.

      Most of the tiny villages have been in the hands of the same families for generations, but in many cases their inhabitants have moved away to urban areas and the houses have fallen into disrepair.

      Read more: http://www.dailymail.co.uk/news/article-2331182/Neil-Christie-British-father-snaps-entire-abandoned-Spanish-village-just-39-000.html#ixzz2UUZ4snKg

    • #117073
      Anonymous
      Participant

      Brilliant news.

    • #117075
      Anonymous
      Participant

      There are lots of abandoned villages in Spain. Just take the train from Barcelona to Madrid and you see dozens of them flash by, even if you aren’t really paying attention. I’ll be doing an article on this market soon.

    • #117077
      Anonymous
      Participant

      Buying a whole village is like buying an Island. It comes with big issues and in most cases very expensive ones. Instead of using a boat. One needs to use a road. This road has to be built & maintained. Theft will be a very big issue.

    • #117078
      Anonymous
      Participant

      Why? If the houses could be renovated and other Brits could buy into the village then it would be great I think. All paying a community fee would help with the maintenance wouldn’t it?

      I’m not in the mindset of retirement as i’m in my mid 30’s but if I was older i’d love to live in a sort of commune of similar minded people in the sun. They could hire a care of the older person carer to live in one of the properties and live quite happily I guess.

    • #117083
      Anonymous
      Participant

      @itsme. Romantic illusion, I am afraid.

      I think the said village is in the north West of Spain. Not exactly sun drenched which is a pity because Asturias, Cantabria, pias Basque have lovely beaches, villages & mountains.

      As per your thoughts there should not be issue when it comes to paying service charges/gastos de commundad. Most developments struggle to collect from owners in addition who is going to establish the do & dont’s of the village e.g what to build & what not to build, Can one place a Dish/Antena. How are the rules to be enforced.

      While, I love the romantic illusion if commune living. Most people in such kind of life style are free spirited & will not accept most of the do’s & don’ts

    • #117085
      Chopera
      Participant

      This was on Spanish TV recently – I’ll try to dig it out

    • #117086
      Chopera
      Participant
    • #117318
      The Australian
      Participant

      I’d buy one if I find one

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