30 Aug 2015 7:49 PM:
Hi there, hubby and I are considering purchasing a property on Condado de Alhama and we have a few questions that we hoped those who already own there would be kind enough to answer. we are completely new to purchasing abroad, or at all to be honest as we live in military housing, and will be until my husband retires!
Would this be a good area to invest in? we are looking for something family friendly, with good golf course/s nearby. beaches and main towns/shopping/markets not too far away either and within a decent car journey from the airport as we have a little one. we'd probably use it at leat 4 weeks of the year, although I can only take hols in the school holidays so this would probablyi mpact on any potential rental income. For those of you who rent do you find the income is regular enough or do you find yourselves out of pocket? Ive read a few horror stories online of people buying on developments that have ended up ghost towns?
What could we expect to pay in community fees, utilities, local taxes etc?
Would it be best to open a Spanish bank account for direct debits or a UK based Euro account?
Are there permanant residents/expats as well as a good all year holidaymaker turnover?
I cant think of other questions at the moment but I'm sure someone will point out anything Ive missed! Thanks in advance...
This message was last edited by kessy77 on 31/08/2015.
Community thread:
Looking for advice
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