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[Cogitatio-concepts] downright


From: Peter Puckett
Subject: [Cogitatio-concepts] downright
Date: Thu, 12 Oct 2006 21:09:36 -0700
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In short the LRAU only applies to the Valencian region, the Costa del Sol is not affected.
And despite our markedly different backgrounds, it really became a tight-knit group. The cobbled streets now echo with "hellos" instead of "holas", and the old stone cottages have been renovated to provide smart accommodation. As the coach made its tortuous route down into the valley, it became clear just how deserted this area was.
Not to mention being a rare chance to experience an authentic inter-generational community.
While finding great properties is easy, finding out how to buy them is often confusing and difficult. If buying in the eurozone, you could get lower rates by going to the overseas lending arm of a UK bank. One word of warning; if buying land, use a lawyer to check what the regulations are, because most new building is now prohibited. In some circumstances, this has led to the seizure of the property.
What guarantees do you have if your developer goes bust?
The problem is several thousand Brits got there first. Specialist foreign exchange brokers such as FCD and HiFX do not charge commission and transfer fees.
But as the coordinators are keen to point out, there is a big difference between classroom English and real-life-English. Fluent English speakers are invited to stay for free - with the small proviso that they share their company with Spanish residents.
Our team in the UK and in Spain guide homebuyers through the entire process, from the lifestyle visit to view the properties, through to helping customers settle in to their new home.
It's a whole week of interacting with native Spaniards, in Spain, without the agony of guilt for being sorely remiss in language skills.
Representing Andalucia, there was a vibrant Flamenco Dance Show, and lessons for beginners. Again, this can be answered in two different ways depending on whether the property is for personal use or investment. But overseas house hunters and pensioners often overlook the cost of sending money abroad.
So for many, the days of Andalucia as an attractive property buying market are long gone - or are they?
And as one local estate agent said to me, the Brits just don't seem to realise it's there. It also covers any charges the receiving bank makes. Spanish attendees must have a required level of English to join the programme, with a minimum of basic conversation - and are usually far more advanced than this.
And as one local estate agent said to me, the Brits just don't seem to realise it's there. The reasoning behind the law was that urban development would benefit the community in general and prevent land-bank speculators from holding onto rural land thus hindering progress.
Loyal holidaymakers have returned to the southern coast after cheaper fares meant travelling further afield possible. To the general exchange of emails, most of us reflected that we would miss the programme - although, perhaps not straight away.
You probably won't find yourself paying for many extras either.
It's a whole week of interacting with native Spaniards, in Spain, without the agony of guilt for being sorely remiss in language skills.
This can be used as proof to foreign solicitors that the transaction has gone through.
You must also budget for insurance, maintenance, property management fees, service charges and tax.
Buying a home in Spain is easier than some might think. Of course, the house takes up a certain footprint, but you would generally not choose to landscape all of the remaining land.
The European Commission has also recognized the fact that LRAU contravenes European law on individual property rights.
You must also budget for insurance, maintenance, property management fees, service charges and tax.
If you want to buy property in quintessential Andalucia and want a bargain, draw a line between Malaga and Granada, and head for the halfway point, a little town called Alhama de Granada. My first day saw me talking at length about Spanish wine, with a native gourmand, which taught me far more about the drinking culture than a bar could have done.
But the official language is English, and no Spanish is allowed, not even for a phone call home.
Now everything has changed.


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