Fuengi (Andrew)

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    • #194241
      Fuengi (Andrew)
      Participant

      Hi Dawn,

      You want to see the deeds first of all to see how the property is described.

      If you intend to do a private contract, i would suggest making sure that the deeds are updated prior to purchase.

      Also an architect can confirm if the alterations you want to do are possible. Can be certified by townhall as well.

      I would suggest you have any monies held by you lawyer.

      Alot of time reservation deposits are held by agencies. If you do not feel comfortable with this, pay it to your lawyer.

    • #189006
      Fuengi (Andrew)
      Participant

      Short answer, yes. Most do not have natural lighting so require electricity.

    • #186958
      Fuengi (Andrew)
      Participant

      interesting. Norway and Switzerland are not part of the EU but part of the EEC. They can travel freely and stay as long as they like. But they are part of the Schengen area…. UK would have to sign up to the relevant treaties I guess.

    • #182967
      Fuengi (Andrew)
      Participant

      Hi

      I do not think the popularity of Spain is fading, just changing. Which is of course normal. Spain is a wealthier country that it was 20 years ago, so can no longer remain the cheap sunny destination it was back then. It is also cheaper to travel and we have different ideas of what a holiday should be.

      Regarding all the people who have moved back. Yes I sure quite a few have. Only normal, met many who are returning because they want to be nearer the grandkids/kids/etc…. Also many who cannot find work, expected something different, etc…

      As to whether they lost a lot of money, depends. Most of the older generation that I talk to seem to have bought 15/20 years ago. They may have sold for less than they could have got during the boom, but generally for more than they bought for. For the people that bought during the boom? which seems to make up a majority, then yes, quite a few could be losing money.

      Investing in what type of property. there is always a demand for rentals. You just have to decide what market you trying to attract and if the return makes it worthwhile.

    • #182362
      Fuengi (Andrew)
      Participant

      @Angie

      at 140k i’m not suprised. assuming its one of the 110m2 properties there. How can it be valued at just over 1200€ per square metre. You can find cheaper nearer town, beach or other golf courses.

      Problem is how many of those agents are actively trying to sell the property instead of just having as filler? is the agency anything more than a website? Are the vendors informing the agencies? etc…..

      Interstingly quite a bit or money in that area. I think the issue is the product. IF you go inland, you have a certain idea of what you want from a property. Independent property, maybe a finca with land, or you buy in a town for the whole ‘authentic’ experience. Why would you buy in an isolated urbanisation on a golf course where all the properties are on top of each other? Not knocking the idea, just why in alhaurin instead of Mijas Golf (for example). There only reason they sold in the first place was because the other golf course were alot more expensive at the time. I don’t think many thought out the long term.

      Yes price should reflect it.

    • #182361
      Fuengi (Andrew)
      Participant

      Hi Angie,

      “Are EPC ratings low on other developments, and are they meaningless for Spain?”

      Few properties are rating high in my experience. I only know of one property that received an “A” rating, and that was because it was built as an eco-house.

      I would not say they are meaningless and they help give an idea of the energy consumption of a property. The problem is they are subjective as it is based on the assumed usage of electricity based on whats in the property and not what a current owner is using. Example, me. My house have 5 A/C units. never use them. Yet I will get a worse rating for having them. If I remove them, I would rate better.
      Where the EPCs are of use it where the technician makes recommendations on how to make improvements. Double glazing, blinds, etc…. But I would say most of this is common sense.

       

    • #182256
      Fuengi (Andrew)
      Participant

      So the cochera is not part of a property? But reflected on the title deeds along with 2 other assets? As long a each asset has its own Finca number, you will not have any problems selling it.

      The agent should have a copy of the deeds if they are trying to sell it for you, or at least a nota simple. In either case if you do not want to give this to the agent send it straight through to the notary.

    • #181963
      Fuengi (Andrew)
      Participant

      Cannot rent a property without the permission of the owners. that would include you as part owner.

      If it was me I would look at doing the following:

      talk to my expartner.

      If that is not an option, I would have a lawyer send a’ burrofa’x demanding the information as part owner, also stating that should the property be rented without my express permission I would do a ‘denuncia’ against them.

      If you are in the country you could simply go to the agency with an updated nota simple, showing you are currently part owner and request the information, if not given, ask for the “libro de hojas de quejas y relamaciones”.

    • #181884
      Fuengi (Andrew)
      Participant

      I do not think it should be allowed to become any sort of religious building. You would think that considering it follows certain architectural designs unique (i believe) to Catalonia, it should be preserved. Or at least the facade.

      Hell you could dome it and turning it into a shopping center! or as a venue for concerts, etc…

       

    • #181820
      Fuengi (Andrew)
      Participant

      Your right Angie.

      People have been going back to the basics in regards to what they are looking for on the Coast. Sun, Sea, Sand, Services.

    • #181785
      Fuengi (Andrew)
      Participant

      Silly questions, but did you pay within 30 days? If not there would also be penalties for late payment.

    • #181783
      Fuengi (Andrew)
      Participant

      I have no idea if in general the market in improving or not. If it is, we’ll be able to tell in a years time or so.

      What I will give is my personal view (for what its worth). Shops, bars, restaurants are still closing, but I am seeing a lot more new businesses opening as well. In general i am seeing fewer empty ‘locals’.
      In my area loads of new agencies have opened up, but they seem to be flybynight operations. 2 desks in a rented office and a membership of a MLS database.
      I personally have been very busy this year (shant complain!!) but that could be for a variety of reasons, not that there are automatically more clients. We may have just ‘captured’ a larger share of the market than in previous years.
      We have definitely noted a shift in buyers, with far fewer spanish buying. Whereas previously they were 60/70% of ours buyers (average 2011 to 2013), I would say 20/30% this year.

      Hi everybody!

    • #186971
      Fuengi (Andrew)
      Participant

      Hi Marios,

      its important to know it is not plucked out of the air. The figure is based on the valor catastral of the property. It should take a buyers lawyer  all of 5 minutes to find out the amount with a copy of the IBI of the property

    • #182397
      Fuengi (Andrew)
      Participant

      Hi Angie,

      honestly was not sure how to answer it.  Obviously it is miss selling when you claim the qualities are excellent and obvious they are not. They should at least say “good build quality”. Can’t expect them to say average or mediocre. Or say nothing.

      The whole high quality in relation to EPCs is harder to just. A well built independent villa with intergrated A/C & heating and large open windows would get a worse energy rating than a middle floor apartment, with no A/C and of average quality.

       

       

    • #181894
      Fuengi (Andrew)
      Participant

      Interesting

      has it been a successful conversion?

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