Spanish Interlude: Property for Sale in Costa del Sol

By: Billye Else

Having a villa in Spain, particularly along the coastal area, is a dream many people have but never fulfil, till recently. The real estate properties of the nation have become more affordable, even the luxurious ones along the sunny Costa del Sol.

Searching for a real property in Costa del Sol has been a bit more challenging ever since, given that you have a lot of choices. Nearly all types of property you can think of are offered, from luxurious resort villas to hotels and resorts.

Here are a few tips to make your search much easier:

Be Discriminating

Real property laws in Spain vary from the ones in your home country. Given that there are just a few policies in Spain that regulate realty, a lot of fake companies and brokers are also out there. Be more cautious in dealing with any real property-related transactions given that you are not familiar with the place and the culture.

Work with an established and reputable real estate company to make your transactions safer. Selecting the best broker not only helps you find great properties, it likewise guarantees that you and your funds are safe. Try to find the agent that can speak fluently in both Spanish and English for much better communication and minimal misunderstandings.

Lawyer Up

While the real estate broker could help you find the properties, a lawyer can ensure that buying that property is in your best interest. Employ a lawyer to help you with all the transactions and legal requirements of the acquisition.

Be sure that the attorney has no connections, in any way, to the real estate company, to avoid any conflicts of interest. The attorney must also be a professional in conveyancing, is experienced in high public liability insurance, and can speak fluently in English and Spanish. The legal professional should likewise advise you about the condition and legality of the properties, whether it is an Urbanizado, fully Urbanizado, or Rural.

Ley de Costas

Be informed about the 1988 Ley de Costas or the Law of the Coast. This law, enacted by the Spanish government, controls the development of coastal lands with regards to private ownerships. As coastal land is public land, putting up or purchasing homes require permits from the government. Properties built before the enactment of the law require the owners to get permission for them to stay in that property. Getting the real estates could get you in trouble if you do not check its background beforehand.

Future Plans

In searching for possible real properties, remember the idea of re-selling the residential property. There will be occasions when it will be difficult to maintain the house or even to visit it often. Considering the resale potential of the real estate can also be an advantage when the real estate industry begins picking up again. You could resell it for a value higher than what you spent for it.

To help you with you search, visit the internet site of reliable real property firms that have properties in Costa del Sol, like

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