UK Landlord Forum / Life

hello!
I'm interested in buying property in abroad, in fact I have few target place the problem is I'm not quite familiar with the place. Property for sale Tenerife South , just heard this from a friend but the place is awesome. anyone here can give a tips in this kind of place and the usual cost? 
I heard this too, I think not far away from tenerife this costa del sol property . Pls give me some view from a pro here.

Hey adaliancruz,

I'm not sure how good of an investment Spain would be right now, as it's been quite commercial for tourists for a while now. Same applies to places like France and Italy. The opportunities where you could snatch a deal in those locations aren't as common as they used to be. Tenerife and costa del sol are extremely popular destinations, so the opportunity for getting a great deal won't be THAT easy. However, it's possible.

I'm not entirely sure of prices, to be honest. But there are loads of websites out there that deal with buying property abroad.

On a sidenote, the best place to buy abroad right now is apparently Dubai.

I forgot to mention, http://www.rightmove.co.uk/, do an overseas section. You could check out their site and see how much properties in Europe are going for.

hey buddy

how's it going? any progress on this investment of yours? did u finalise n e thing?
I can't provide much information, however i had some time so i thought i'd do some research on your behalf. We're all very busy people these days, isn't it so?

Here are some good links... be sure to check them out. I hope it can help guide you in some way. Take care and get back to us, let us know how things are going ok.

Talk soon

Aisha

very informative: http://www.homesoftenerife.com/en/properties/home?gclid=CPb0wNf22IwCFSBCEAodbQ2oHQ


buying/renting site: http://www.propertysalespain.com/

answers questions like why pick spain for real estate: http://www.market-trend.co.uk/Spain-property/

Tenerife Property Consultant agencies

1) http://www.tenerifepropertyconsultants.com/

2)http://www.tenerealty.com/

Good luck I hope that helped a bit!

Hi guys,
Heard a little story once about a chap who brought repos from the banks from ex pats who thought the world of opportunity was in fact a huge nightmare and up sticks and left the country where they brought there villas etc.
Not sure how hard it is today to do this, but from what i gathered the banks need to get rid so you just need to pay the remainder of purchace plus a few costs on top.
As people buying overseas they are required to pay big deposits to secure properties,
In some cases i have heard you can get very new villas for less than half price.
Food for thought


Badger