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Old 05-07-2008, 09:13 AM
rowlandsbb rowlandsbb is offline
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Join Date: Feb 2007
Posts: 267
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A lot of offers about but all marketing offers are reflected in the price.....100% mortgages in a world of a credit crunch does raise a few questions!!!!.....guaranteed rentals the same....just look what is happening to inner city flats with same in UK!!

At times lilke this better to play safe and look for good location

with £60,000 to play with in Spain you will not get very much which is good quality....better to say get a 50% mortgage and there are still some good terms available

Buying and having rental managed for you and giving you a good return is , in general, not available, whatever some agents may say!
If you are buying for a bit of life style use and want a medium to long term return ] [part capital growth and some rental] then Spain is as good as anywhere but only in the good locations[ for best lets close to golf, beach bars etc]

But you have to handle the rentals yourself.....bit of work but can be done

A realistic approach !!
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Brian Rowlands BSc FRICS
Chartered Surveyor & Overseas Property Agent
www.bbspanishproperties.co.uk
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