More and more Northern Europeans are taking advantage of the fall in property prices in Alicante to snap up bargain holiday homes.
Buying Property In Alicante
In March this year, online searches and enquiries about property in Alicante rose sharply, according to a recent survey. The research found that searches for villas and apartments in Alicante rose by more than 166%. As some properties are now up to 30% cheaper than in 2007, now is a great time to buy villas and apartments in Alicante due to the huge surplus of properties available at greatly discounted prices.
Buying Property In Alicante To Rent
With many villas and apartments in Alicante for sale at rock bottom prices, now is definitely the right time to consider buying a villa or apartment in Alicante for either a holiday home or for renting to holidaymakers. With the average flying time to Alicante of just 2.5 hours, Alicante is a popular holiday destination for Northern Europeans looking for a well-deserved break at all times of the year. If you are thinking of buying a villa or apartment in Alicante for rental purposes, then Alicante Holiday Villas can offer a bespoke rental service as well as advice on the type of property most attractive to people looking to rent a holiday villa or apartment in Alicante.
How To Buy Property Safely In Alicante
Many people who desire to buy property in Alicante have reservations about the process of buying property in Spain. The British media has published many horror stories over the past few years, adding to the apprehension of potential homebuyers. However, below, Alicante Holiday Villas gives advice on the main steps needed to safely purchase a property in Alicante and some of the things you should avoid.
Estate Agents In Alicante
Ensure that the estate agent you use is well established and a member of API. There is hardly any regulation for estate agents in Alicante, or Spain as a whole, and being a member of API is a sign of trustworthiness. API stands for Agentes de la Propiedad Inmobilaria and as such they belong to a professional college, are trained and government approved and carry professional liability insurance. Alicante Holiday Villas can put you in touch with such a reputable estate agent in Gran Alacant who can advise on villas and apartments for sale, to suit all budgets, in Gran Alacant.
Finding A Good Lawyer In Alicante
You should never purchase any property in Spain without first consulting an independent lawyer. Also, make sure that all relevant documents relating to your villa or apartment in Alicante have been accurately translated into English by a qualified translator. Again, as in your home country, you should never buy any villa or apartment in Alicante without first obtaining a survey. In addition, under Spanish law, the debt of an individual is attached to their property, so ensure your lawyer confirms that there are no outstanding fees attached to your villa or apartment in Alicante, such as utility bills, taxes, mortgages, or community fees.
Funding Your Property In Alicante
If you are from a Non Euro country, moving funds for your villa or apartment in Alicante through a reputable transfer company can save you a fortune in transfer fees. Plus you will have access to much better exchange rates than you would with high street banks.
Need Somewhere To Stay While Looking For Property In Alicante?
Alicante Holiday Villas have a wide portfolio of all types of properties in Gran Alacant, ranging from a 2 bedroom apartment with communal pool to a 6 bedroom villa with private pool and Jacuzzi – any of these would make an ideal base for you whilst looking to buy a villa or apartment in Alicante.
We hope you enjoyed the article! Remember you can search for your perfect property in Alicante by using our alicante villa search on our home page. Please don't hesitate to contact us directly for help and advice.