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05 Jan 2013 4:26 PM:

 MonCapitan:  Good luck with your search.  I don't know whether or not the Algorfa house is good value but it looks nice although I agree with Boboal that prices per sq. metre tend to be cheaper inland than near the beach.

Elviria:  I'm sure your friends' gender wasn't a factor in their being ripped off.  Crooks are gender blind and they're everywhere.  By all accounts, houses in Turkey are no better built than those in Spain - in some cases they could be a lot worse and communal/maintenance charges can be a real scam.   I'm sorry if I appear to be undermining your argument.  That's not my intention.   I think that overall we Europeans get less for our money than the Americans.  

Boboal:  Property in Florida is easier to rent out year round and seem to be better value for money purely from an investment viewpoint.  This one for example http://www.realtor.com/realestateandhomes-detail/2830-Regent-Cres_Daytona-Beach_FL_32119_M65068-71777?source=web  a 3 bed with pool is near Daytona Beach and an hour's drive from Orlando.  Or what about this apartment on the Gulf of Mexico http://www.realtor.com/realestateandhomes-detail/375-Plantation-Ln-5309_Gulf-Shores_AL_36542_M78632-00754?source=web.  I know nothing about them - for all I know they could be the homes from hell.  I picked them as examples from the Realtor website - but they seem better value than anything I have seen on the Spanish websites.  They have roughly the same asking price as the house in Algorfa and all the reports indicate that the US market has bottomed out whereas Spain's is still falling.  No use to MonCapitan because he's looking for a permanent home but attractive to those of us looking for a winter bolthole with guaranteed sunshine and year round rental possibilities should we get tired of it.



Thread: Algorfa - detached villa - absolute buy?

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05 Jan 2013 1:25 AM:

I don't know about the house in Algorfa, but I would think long and hard before buying the place in Turkey.

I'm wavering between Spain and the USA.  Spain is the most convenient destination if only we could get similar value for money, but Spanish asking prices are still too high.   Renting, meanwhile, seems to be the best option.



Thread: Algorfa - detached villa - absolute buy?

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03 Jan 2013 5:35 PM:

 Thanks Roly2.  I'm still at the internet research stage.  Have been waiting for asking prices to drop to a realistic level.  Looks like that's starting to happen now.   I will try to keep my wits about me, particlarly with regard to taxes and debts against the property.



Thread: Bank Properties?

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03 Jan 2013 5:25 PM:

What about repossessed properties where the bank just owns a few in the building/community?  Would they have the problems vis a vis lifts, pools, kitchens and bathrooms?



Thread: Bank Properties?

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03 Jan 2013 4:35 PM:

A while ago I read somewhere that the banks prefer buyers who want mortgages because it generates more revenue for them.  Is there any point in cash buyers looking at bank owned properties?

Sorry for butting in on Jon's thread but this topic is of interest to me and no doubt others too.



Thread: Bank Properties?

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