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Chasing the dream in spain

The diary of two probably mad people wanting to live in Spain.

The choice has been made!
04 January 2011 @ 18:32

 We have been to Spain on many holidays and thought how great it would be to actually live there, but never actually done anything about it! Well now we have. The choice has been made. We are going to dip our toes in the water, so to speak. We have read of, or know of, many people who have sold up and moved to Spain. You know the ones, we'll buy a bar and become millionaires over night, or the the ones that think because Spain is cheap, that means living there is free! We might be mad doing it in the present climate, but not that mad. There is a rumour that all those orange coloured things on trees are made of gold, they are not, they are just oranges! We checked! So we are going to chase the dream, and do it on a 'tight' budget. Whenever the madness dies down enough to allow me five minutes of quiet, I'll be writing a few lines to let anyone who's interested know how we get on. Please feel free to drop a few lines in comment, even if it is just to confirm we are totally mad, or maybe some useful suggestions, perhaps.

That's all for now, and thanks for reading this.

 



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5 Comments


Anne said:
04 January 2011 @ 18:54

Rent before buying, ensure you acquire a good independent lawyer for all things legal (purchaser takes on any unpaid debts on the property) and make sure you have a contingency budget (to provide at least a years grace to fall back on if required), and try and keep a downsized home base if possible to return to in the UK before finally committing to a move to Spain. All too many have found they can't afford to return if they so desire or need. Learn the language and don't assume that you will find work in this economic downturn. Familiarise yourself with the taxes, IHT rules (different from the UK) and CGT. DON'T buy offplan (far too risky), be aware that some Banks have been known to sell illegal properties without habitation licence in place, and get any offers that sound too good to refuse checked out. Check out the local area well, talk to other expats and locals and don't believe all the hype from agents. Do your own checks. Check if the developer is contributing to community fees if you are thinking of purchasing on a development, also if there are any outstanding debts owed the community by existing owners. Organise the movement of currency via a good broker (like Moneycorp), etc etc Read loads of EOS postings in other words keep it real !!
Good luck.


goodstich44 said:
04 January 2011 @ 20:21

..and never forget that the justice system doesn't work like ours in the UK, and we know that's not perfect, but compared to Spain...!!. Being in the right in Spain often means far less than we take for granted in the UK as many have found sadly. All the homework you can find won't prepare you the injustice common in Spain's so called justice system. That's not just the ranting of a bitter person, but the current reality that many are trying hard to change.
Good luck.


Mick said:
05 January 2011 @ 10:28

Sometimes you have to do these mad things and go for the dream.

Good luck


Mick said:
05 January 2011 @ 10:28

Sometimes you have to do these mad things and go for the dream.

Good luck


dave said:
09 January 2011 @ 15:42

well we did it back in november and not looked back costa del sol coldest 15 c
one day was 26c in dec
most things a lot cheaper than uk people very freindly and cheerful
public transport cheap bus 1 euro to 1.25 euro
trains are lovely
plenty of property took us 2 afternoons to find 4 bed flat yards from 3 supermarkets and 10 mins on bus from centre of town motorway 200 yards away motorways here to everywhere and free
my parttner had to go to A&E she was treated in 10 mins!!!
just go for it!



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