Altavista Spain

Assuming that a potential British buyer is considering property purchase in Marbella, what should they look out for?

When you are seriously considering buying a property in Marbella there are a number questions you should have answers to before you sign the purchase agreement. Some are obvious, some not so.

Property agents operating in the Marbella area are reporting mixed market activity. They say that there has been a marked increase in the number of enquiries from foreigners, but potential buyers are still very hesitant.

The Spanish civil servant that you are likely to meet does not think for himself. He is doing a job. He’s been told how to do it and that is what he does. Nothing more and nothing less.

When buying any property there is a lot to think about: selecting a conveyancing lawyer, arranging a mortgage and many other problems to find solutions for. What is often not given the attention it deserves is the arrangement of home insurance.

The Spanish property market has been split in two according to a leading Marbella property agent. Michael Liggan of Altavista Property Spain said that the recent release of thousands of repossessed properties has confused and split the market.

At a recent meeting of Marbella property agents, delegates commented on the positive attitude being taken by the Spanish government in revitalising the real estate market. They were pleased to see that the development minister visited London.

When the Marbella property market is discussed the general consensus is that 2010 must have been a particularly tough 12 months for the property professionals.

Using an established and reputable estate agent such as Altavista Spain will help minimize the risks of buying a property

Britons who have decided that they wish to take advantage of the very low property prices and move to Spain have many things to consider. Amongst those are the need to register as a resident if the move is going to be permanent.