Did you know that most second-hand and holiday homes in Spain are located on the coast or very close to it? According to studies, it has been proven that most of the summer residences are located on the Peninsular Coast, the Balearic Islands and the Canary Islands, favorite destinations for both Spaniards and foreigners.
Currently inflation has risen to levels not seen since 1985, and more so now with the increase in the price of fuel, food and energy, the price of beachfront rentals is also rising.
Having a house in the interior of the country and having one on the coast, is very, very different.
Buying a second home on the beach, is not a decision that you can take lightly, for this it is necessary and fundamental that they study the pros and buy, to buy a house on the beach!
Today from Lola Real Estate we are going to give you some small tips, which you must take into account before making this great decision:
- Don't rush to anything.
It is true that when we find the house of our dreams, we can get the impulse to want to buy it now, but ... STOP!
Buying a second home is one of the most important transactions of your life, not only for the disbursement you are going to make but for the change of life. We recommend that you study your decision very thoroughly before making a mistake.
- Study the profitability of the chosen area.
Due to the inflation we are experiencing, the rise in prices and interest, the purchase of a home either your first home or your second, can be mission impossible. We recommend that you study well the profitability of the chosen area whether you buy your own home or if you buy it to later rent it.
A report prepared by pisos.com account that the most optimal areas to invest are currently the provinces of Huelva, Almería and Costa del sol.
- Identify exactly what you need.
Before proceeding to the purchase of a home, you must study and know what you and your family are looking for, if you want a home for the whole year, only for holiday periods, etc ... if you are looking for an apartment or a house with a garden. In addition, you must take into account the services near your new home.
- Check monthly payments and costs.
Once you have already decided on the home of your dreams, you must make sure of its final price and above all you must check that the house has no debts or outstanding charges. If you do not know how to do it, you just have to go to the Land Registry and request a "simple note" of the property.
It is also important that you have all the information about the bills for water, electricity, gas supplies, etc ... and know what the monthly community expenses are.
- Anticipate purchase costs.
Remember that buying a second home involves disbursements in addition to the purchase price. Notary fees, taxes, Property Registration fee and administrative fees.
- If you have any doubt, ask.
Do not leave anything to ask before signing what will be your home of your dreams on the beach! Do not leave anything to consult or understand, ask all the necessary questions and receive satisfactory answers, this will allow you to have more confidence and start enjoying your home with total tranquility and peace.
And if even after this, you have doubts and need our help... do not hesitate to contact us! We will help you find your second home on the Spanish Coast.