buying an apartment in spain

buying an apartment in spain

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Shnozz

27,506 posts

272 months

Sunday 31st December 2023
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arfur said:
Chris Stott said:
arfur said:
Or Duquesa ... easy to get something nice there. Basically a larger Cabopina attached to Manilva. Personally I am alwasy happy in Duquesa

It's worth a look !

As Chris says, Gib is then an option .. even more so if you up the funds and look at Sotogrande
Some amazing properties in Sotogrande, but to me it’s a bit soulless.
I'd say that Soto is not so much souless as up it's own ar5e ..

Nice place to wander around - I did stay there for a week and did my boat licence there with yachting sotogrande .. That was fun :-)
Interesting to read this. About a decade ago I was in line for a job in Gib and considered Sotogrande as a single bloke at the time to have a place in the Marina and commute.

Chris Stott

13,412 posts

198 months

Sunday 31st December 2023
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Soto is pretty quiet out of season and dead through the winter

Some people we know have a house there… out by the polo club… old school money… fabulous property with loads of character on an enormous plot. Must be worth 6-7 million. They only spend a few weeks a year there.

I think that’s a fairly typical ownership profile for the area.

crusty

752 posts

221 months

Sunday 31st December 2023
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Sitting here in the sun in mojacar playa

Retired in May, and now out here renting whilst looking for the right property, it’s a lovely position to be in.

Very hard to read the property market as everything we looked at last year is still for sale - villlas with pools €500k upwards


Chris Stott

13,412 posts

198 months

Sunday 31st December 2023
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A few friend coming round in couple of hours for a New Year’s Eve long lunch… thought we’d make the most of the fabulous weather…



lrdisco

1,452 posts

88 months

Sunday 31st December 2023
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Chris Stott said:
Mijas town is really lovely.

I think you’ll probably need to up your budget to get a townhouse with a pool though… 300-350 is around entry for a decent 3 bd apartment. A detached property would be double that minimum.
We really like Mijas but you’re right. It’s outside of our budget. We are thinking of renting for a year first wherever we choose.
We can’t afford to make an expensive mistake.

Kerniki

1,880 posts

22 months

Sunday 31st December 2023
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^parfait^

On our way!

at Sitges for NYE nowhere near this temps yet…

Estepona for NYD, great way to start new year, got viewings arranged already, 700k gets pretty close to from with pool

lrdisco

1,452 posts

88 months

Sunday 31st December 2023
quotequote all
crusty said:
Sitting here in the sun in mojacar playa

Retired in May, and now out here renting whilst looking for the right property, it’s a lovely position to be in.

Very hard to read the property market as everything we looked at last year is still for sale - villlas with pools €500k upwards
Where did you find a rental? It’s part of our plan to rent for a year before buying. Thanks

keith333

370 posts

143 months

Sunday 31st December 2023
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GT03ROB said:
arfur said:
Chris Stott said:
Good luck within the search… you might find you get more for your money in Estepona as parts are good VFM.

Bit further to travel from the airport, but can always use Gib instead.
Or Duquesa ... easy to get something nice there. Basically a larger Cabopina attached to Manilva. Personally I am alwasy happy in Duquesa

It's worth a look !

As Chris says, Gib is then an option .. even more so if you up the funds and look at Sotogrande
Duquesa is where we are or near enough!
We've just bought a place near Duquesa, mainly to escape the frozen North in Winter. Buying process was fairly smooth I'm happy to report.


crusty

752 posts

221 months

Sunday 31st December 2023
quotequote all
lrdisco said:
crusty said:
Sitting here in the sun in mojacar playa

Retired in May, and now out here renting whilst looking for the right property, it’s a lovely position to be in.

Very hard to read the property market as everything we looked at last year is still for sale - villlas with pools €500k upwards
Where did you find a rental? It’s part of our plan to rent for a year before buying. Thanks
We spent a week in the summer talking to agents and viewing rentals, there were a few options available to us

eyebeebe

2,995 posts

234 months

Sunday 31st December 2023
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Chris I finally tried the Presa Iberica that you recommended. Fantastic stuff. The mini hatchet was a little bit overkill.



The starter was a bit ahem challenging. I should have read between the lines when the waitress told me it was salted fish and sausages in a way that meant are you sure?. What she was really saying was that foreigners don’t like this stuff. The dish is called “Alicante pantry” and is supposed to represent a typical market stall. Literally came out on a trolley done up like a market stall and was cut in front of us. Best part was the spiced bread laugh Still, better to have tried something and ruled it out for the future.


CloudStuff

3,702 posts

105 months

Sunday 31st December 2023
quotequote all
Chris Stott said:
Kerniki said:
arfur said:
lrdisco said:
I’m planning on buying a place within the next couple of years. Probably near Fuengirola but not on the coast.

Looked on Rightmove but prices seem all over the place.
I can either get the digital nomad or NLV. Will decide based on money.
Budget £300-350,000 max. Not sure but I’m thinking small detached villa or townhouse but really would like a small private pool.
Any suggestions or advice would be greatly appreciated.
Have a look at Mijas (the town - not the cala) or Cabopina Playa

Both areas lovely and Cabopina has a gorgeous small marina :-)
This is one of our targets, looks really nice, cant believe we’ve not checked it out before.. Mijas we didnt like tbh
Mijas town is really lovely.

I think you’ll probably need to up your budget to get a townhouse with a pool though… 300-350 is around entry for a decent 3 bd apartment. A detached property would be double that minimum.
Mijas town really is lovely. But it's almost too lovely, it's a tourist trap which is good in one sense as they make sensible use of the money spent in the town, they keep it looking pristine and have invested a lot in the quality of the public areas.

I've been going there for 20 years+, but renting a villa for a holiday is the better approach there, I think it's over priced to live in.

Chris Stott

13,412 posts

198 months

Sunday 31st December 2023
quotequote all
eyebeebe said:
Chris I finally tried the Presa Iberica that you recommended. Fantastic stuff. The mini hatchet was a little bit overkill.



The starter was a bit ahem challenging. I should have read between the lines when the waitress told me it was salted fish and sausages in a way that meant are you sure?. What she was really saying was that foreigners don’t like this stuff. The dish is called “Alicante pantry” and is supposed to represent a typical market stall. Literally came out on a trolley done up like a market stall and was cut in front of us. Best part was the spiced bread laugh Still, better to have tried something and ruled it out for the future.

Glad you enjoyed it!

The starter looks ‘interesting’ laugh

Chris Stott

13,412 posts

198 months

Monday 1st January
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Shift a bit of yesterdays overindulgence with a walk along the paseo at Estepona… another glorious day


Kerniki

1,880 posts

22 months

Friday 5th January
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Looking at the very same stretch of boardwalk biggrin

First day of villa hunting has revealed 700 doesn't go far beachside, but beachside it has to be having looked further back at Aloha, Resina, naranjos, benahavis etc

With the dogs, walking straight out onto the beach without negotiating that bloody A7 has got to be worth some extra..

Chris Stott

13,412 posts

198 months

Friday 5th January
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Yeah, 700 beach front will only get you an apartment… or maybe an older townhouse that needs modernising.

Kerniki

1,880 posts

22 months

Friday 5th January
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Chris Stott said:
Yeah, 700 beach front will only get you an apartment… or maybe an older townhouse that needs modernising.
There are some villas, in nice areas to, but they’re just that little bit too small, we’re not after big as we want it easy to manage but 90m2 habitable on 210m2 plot doesnt quite cut it, plus the owners have tried to max rental potential by putting 4 bedrooms in, do the math! I dont want to start too much building work and removing rooms etc.

Push it to 900 spend (so look at 1m) and theres a significant creep in what you get, certainly more value to us than the extra 200k spend.

Either that or keep in budget and go further back and that just doesnt feel like what we’re here for.

Always happens with anything we buy though, so should be expected i guess.

Chris Stott

13,412 posts

198 months

Friday 5th January
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90sqm?? That’s small even for a 2 bed.

I know location is important, but I couldn’t do with something that size.

I looked at a brand new 3b penthouse with some friends that was 105sqm and €800k+ extras (would have been close to 900 all in). The 2nd and 3rd bedrooms were just big enough for a standard double and 2 bedside tables… 6 people staying there would have been crammed in line sardines.

My apartment is as small as I’d want at 130sqm. 3 beds, 2 baths and 130sqm terrace. All 3 of my bedrooms have proper super king size beds with plenty of space to walk round them.

Kerniki

1,880 posts

22 months

Friday 5th January
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Yeah, 130 is about minimum for us i think.

We are looking for something small so that its completely different to our place & lives in france, we wont have friends or family visiting so thats not a consideration that needs to be made, 2 dogs though, hence gardens and not an appartement.

Later on i think a large apartment would suit us tbh, lovely grounds all taken care of and often some have restaurant facilities for breky which i love the idea of…

Las Dunas we ear marked a while ago as a live in possibility, stunning imo, nice old style look (looks more french than spanish) not sure on pet policy there, not stayed but looks like it'd be strict, MCH only allow pets in there beach front cottages and theres no residency there. Kempinski is good with pets and have residency with penthouses, they’re nice to.

We’ll persevere on villas for now and see where we get, here for as long as we want to be, quite early in the year for new listings so remain optimistic biggrin

Shnozz

27,506 posts

272 months

Saturday 6th January
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Kerniki said:
There are some villas, in nice areas to, but they’re just that little bit too small, we’re not after big as we want it easy to manage but 90m2 habitable on 210m2 plot doesnt quite cut it, plus the owners have tried to max rental potential by putting 4 bedrooms in, do the math! I dont want to start too much building work and removing rooms etc.

Push it to 900 spend (so look at 1m) and theres a significant creep in what you get, certainly more value to us than the extra 200k spend.

Either that or keep in budget and go further back and that just doesnt feel like what we’re here for.

Always happens with anything we buy though, so should be expected i guess.
As Chris says, 90m2 seems small even for a few bedrooms less. My Spanish garage is 100m2!

Kerniki

1,880 posts

22 months

Saturday 6th January
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This was interesting graph from Frank Knight (good article on the market actually) https://www.dmproperties.com/marketreport

This is what a million gets you these days per m2,

So beachside ‘new’ golden mile is where we’re at.. 2019 was 280m2



Edited by Kerniki on Saturday 6th January 13:30


Edited by Kerniki on Saturday 6th January 13:34