Property requirements

Clarifying your needs makes your property search easier and reduces the chance of you buying a property that doesn’t suit you. Ask yourself questions such as:

Will this be a holiday home for just a few weeks a year, (semi) permanent living and /or an investment property? You personally might like a tranquil environment but potential tenants might prefer  to be close to the beach or golfcourse. A relative new area might be cheaper at the moment but do you want to be on a construction site for the next 5 years

What are the needs of the rest of the family? You might love the panoramic views from the top of the hill but if you have to go up and down to take your kids to school and their friends, after a while you might prefer a more central location.

How big should the property be? How many bedrooms de you really need. Buy something that suits you and not your friends who might visit once every two years. It will probably cheaper to rent a place closeby for a week than buy a property with an extra room.

What kind of property are you lookign for? A villa with private pool sounds good but you have to take into account maintenance even when you are not there. An appartment with communal pool als migt serve your needs.

How important is access to the property? Going over to play golf for a weekend, than it is essential you can get there quick. Good airline services, etc. If you go and live permanent driving 2 hours from the airport might not be a problem.

What is important regarding the environment?  Not only amenities such as shops, golf and restaurants butalso think of healthcare and potential language problems. If you are goingto live there it is important that you can make yourself understood. Getting a red wine instead of white one is something you can overcome but if you can’t understand what the doctor says you might have  aproblem.

Are the present property requirements in 5 years time still the same as they are now? Time goes fast, if you think you will just use it as a holiday home but what about your retirement in a couple of years or will your children still come with you on holiday in a couple of years time.

The above questions are only to make you think a little about what you are looking for in a property Spain now and in the near future. There are no right or wrong answers.