09 Jan 2012 15:01:

 Sounds a good price (but obviuosly depends on things like size location facilities etc)- make sure your solicitor checks it is fully legal.  Also have you checked out all the other properties for sale in the area - when I was over last year we found that prices of some properties in Palomares were very good.

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08 Jan 2012 19:27:

 Hi Bri

Have a look at properties in Palomares as well - they are closer to the coast in a lovely village with some nice shops - they tend to be a bit cheaper than Mojacar.  I know there are some duplexs for sale on the Hacienda De Marquis complex (they were for sale a few months ago so I would imagine they still are).  If you do not want the golf course then be careful that the community fees arn't excesive for your needs.

The price you were quoted looks very good but no one knows which way property prices are going - you don't really know whether they are going to go up until they start to it is almost imposible to know when the market is right at the bottom.  My personal opinion is that you have 2 markets in Spain at the moment - the price that people are preparing to accept for the sale of a property and the price someone is prepared to pay - there is at the moment a big difference so no one is buying.  Where people are having to sell and are putting the prices down well below the average asking price then you can buy a property which will probably still be good value in a few years time.  The property you are talking about maybe one of these.

The other thing you have to consider is which way the sterling to euro rate is going to go - and will Spain stay in the Euro.  

 

 

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08 Jan 2012 15:34:

 Why would you want to buy a second property in Spain?  I can understand why people buy a property in Spain - either to live or for holidays but I think as a pure investment it does not look the best idea in an area like Mojacar.  It is very difficult to make much profit on rental income  as the holiday season in Mojacar is quite short.   Also the golf result you are talking about is a good 20 minute drive from the sea (thats what it took me anyway - the roads out to it were awful).  I spoke to one estate agent about properties there a couple years ago and he felt that rental values were very poor there.  His opinion was most people prefered to be in Mojacar or Guaracha and travel out to a golf course  rather than stay at a golf course and travel out for everything else.  He found it difficult to let properties on Valle del este. 

Having said that the price you have quoted seams very good - but if you can't let it and arn't going to use it personally but only looking for an increase in value of the property then I think you must have a very positive view of how the Spanish property market is going to go.

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21 Sep 2011 12:43:

 I have thought this would happen all along - the big question really is when?  Flights have been made available by Easyjet and other airlines upto August 2012 and I think these will be honoured.  Things always move slowly in Spain and I would expect there to be an overlap of flights for a few months anyway.  I think you will find than San Javier will still be doing civilian flights well into 2012 and maybe even into 2013.

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05 Sep 2011 11:51:

 Thanks for the information - open early next Summer - I presume as we are talking about Spain that means sometime in 2013!

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