05 Sep 2019 2:38 PM:
You need to do your sums before you consider renting out.
I have lived on Phase 1 for 14 years and there have been many repossessions because the owners couldn't pay the mortgage.Long term rentals are usually ok from October to May.In the summer months you could get a lot more..I suggest you read the rules regarding how long you can stay here yourself after Brexit,if it ever happens!!
As the other person said you have to pay tax and probably management fees out of the income and on top of that it is approx 2000 euros per annum to live here in maintenance and property taxes without your utility bills.
Beautiful apartments but be wary.There are cheaper places and these are uncertain times.
Incidently the Community is not in debt and Roda Golf thrives in the winter. Roda is a lovely Spanish village.
I hope this of help.
Community thread:
Thinking of buying
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