Reply To: Murcia Off Plan Investment



katy wrote

There are problems on every spanish coast with new build.

but that doesnt mean every development that is new build, which an important point to make….as the old saying goes dont tar everything with the same brush…or something like that.

as you also said you didnt want to spend more than your 90k sterling so using that as a deposit to buy something in spain and taking a mortgage takes you back to your original situation which you didnt want to do.

90k sterling in Spain, will not buy you a lot, and will definately not be a place where LOCATION LOCATION applies – more than likely inland about an hour which for rentals will not be great – no offense to inalnd owners – you will still get capital growth with these and inland seems to be taking off more now as the coasts get more and more crowded.