Hi ,

We were thinking about re-locating from Scotland , I am 40 my wife 38 and we have a 12 year old son , we have been in touch with polaris world and are thinking of going out on a inspection tour .

Would this be our best option ie a new build or is it better to buy a property already built ?

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It depends on how long you want to wait!! If you read on here and other forums, you will see people that have been promised properties in (for example) Jan '06 only to find the build hasn't even started yet!! to be fair, that probably isn't the norm, but there are plenty of folks that are having to wait in excess of 6 months from the given completion date, not good if you are looking to tie in with a "lock, stock & barrel" move" and selling your UK home.

It is always difficult to imagine what any flat piece of land, or building site will look like in the future, you can guarantee that the architect has a more artistic flair than the builder when it comes to the finished product. Best bet if you are looking for a new property is to go for one that is key ready. Basically, you then know it will be built (as it is in front of you) and hopefully others will already be living there to have taken some of the guesswork out of legality, although this is of course no guarantee.

The best piece of advice to give is DO NOT UNDER ANY CIRCUMSTANCES be pressured into using their solicitor, make sure you get someone independent.

Mark

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Thanks Mark ,

To be honest we have'nt set our hearts on a new build and any advice re best value and  course of action would be greatly appreciated , we would prefer Murcia though .

3 bedroom villa with £100,000 to put down in roughly March time , I have a monthly income of £1,200 via a pension so would probably require a mortgage to secure a decent place .

We are still both young so would be looking for part-time employment as well , schooling for my 12 year old son is a issue as well , thanks in advance Neil & Michelle .

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We went on an inspection trip (not with PW though) and it was very interesting and informative. We also thought we were going to be looking in the Murcia region, but found ourselves further down, closer to Almeria. It is a beautiful part of the country and the scenery is breathtaking. We also checked prices being offered to us from our agent to those in the local estate agents and they were very comparable/ favourable.

If I was looking to move out permanently (which we are in the next few years), after advice from others I would choose an area and then rent there for 12 months or so to get a feel for the area. We moved to Leeds from Bedfordshire 6 years ago and bought a house in haste because the Wife's employer was footing the bill. It is a great house, but 6 years down the line, we realise that if we had rented for a few months we could have bought somewhere we preferred. It is a lot more hassle once in Spain to realise the area isn't what you want and that you would like to move!!

For a permanent move as well, I would consider approaching some of the agents on here and asking them to put together some viewings for you and taking a holiday. Whilst not as cheap as an inspection trip, you know (hopefully) that you will be offered many different properties by many different builders and on many different sites, not just on a site that the agent needs to sell at that particular time!!

I don't know much about PW to be honest, but from their adverts in the UK, don't they do mostly golf resorts? We thought about buying 2 apartments and living in one while renting out the other. We then decided that although where you go on holiday is probably very nice, is it the sort of place you would like to live 24/ 7/ 365?

Mark

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Where ever you decide to live you need to find out what the extra expenses are going to be.  If you are going to live on an urbanisation then what are the fees, I would imagine that PW will be very expensive as they properly have a tri annual painting scheme.  There's also the communial gardens and probably a life guard as well.  Quite a dent in your pension.

Also because of your ages then you will not be entitled to Spanish Healthcare at the moment in Murcia so you will have to pay for private healthcare, another expense.

You will need to work out how much this going to cost you, you may be lucky and get part time employment but what would happen if you don't.

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Hi Neilyb,

If you have an inspection trip in mind and are not 100% sure you want a polaris Development then you may be better off using an agent that will show you a bigger spectrum of properties from different developers both new and resale.

The best thing you can do is look at Polaris and then make your own opinions on whether it is suitable for you.

There are many schools to choose from in the Murcia region both state and Private as with a 12 yearl old i would imagine this is a major influence on the area you settle in.

Whether new or resale is dependant totally on your timescale,if your move is imminent builders promises of completion may not suit you as much as a property that is already built and key ready.

If you need more info on an example of what your money will buy you and a rough guide on mortgage payments to match your salary then PM me.

I can put you in touch with a cracking agent

Regards

Georgia

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With a £100k deposit you should be able to find something nice around Mercia with a top up mortgage

As suggested a visit and be shown around may be your best idea just now even though Inspection Trips are very tempting

Also if your funds are going to be ready circa March 2008 now is the time to start looking and you may be able to reserve a ready now or even a new build which is due about that time  

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We went to Sapin to look at PW a a mate reserved one and we were thinking about taking it off him, it  was at Hacienda Req. which seems to be one of the better ones , not so built up. We looked at the site and you are very much in the middle of nowhere, great for golfers but not so for the rest of us. I was concerned that service charges, restaurant prices etc would be hiked up with no competition.

We visited a site that was up and running (as Req is far from being operational as a gold complex!) but were really disappoined, the finsh was really good, but the gofing areas did not look great  and one of the pools was really dirty, we decided on another area where the infrastructure is in place , Quesada. I am sure these PW sites will be great in a few years time, just not for us.

Have fun everyone.

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