26 Apr 2007 10:02 AM:

 

Hi,

Im an investor and have purchased several apartments in the costa del sol.  You have to be aware of the buying costs when in spain.  I bought a 2 bed penthouse in Costa Galera amongst other top floor apartments in other areas (top flor most sought after esp spanish) and because of financial constraints had to let go of all of them at rediculous prices. I sold my Costa galera penthouse apt at 280,000€ !!!   You need to realise that Costa del Sol will no longer boost in price.  I predict theres going to be a very steady increase, but by no means (beacuse of buying costs) is it a signicant return invesrment.  I have purchased my funds now to Eastern Europe where my returns should be double, but this is higher risk.

Hope thats useful

Colin

Community thread: Insurance companies

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