Category: advice on buying in Spain

The Value of Menorca

Menorca is the second largest in the group of islands known as the Balearics, with Mallorca being the largest. It has it own distinctive charm with the underdeveloped rugged northern coast, to beautiful bays on the south coast to hop between. The 2 beautiful historical cities of Mahon and Ciutadella hold many treasures to enjoy day after day. You can see and feel the history ooze through the cobbled streets and magnificent open squares.

The island lies roughly 140 miles southeast of Barcelona. Many of the locals use the regular ferry service or flights to Barcelona and Majorca for mega shopping trips etc., like we would use the train in the UK.

The island is very safe and its people welcoming, with a strong cultural heritage very evident today.

Property Value

The choice of properties from coastal holiday apartments and villas to white washed townhouses, historical period properties in Mahon or Ciutadella to rustic Menorcan farmhouses or renovated windmills the choice is very varied and appealing.

The island has not become a victim of over development and sprawling high rise. The interior which is never far away from the coast can be green and tranquil for those wishing to escape to a more peaceful environment.

Property prices offer good value in particular when compared to Mallorca, Ibiza and parts of the Spanish mainland. All reasonable offers will be considered.

Please visit this link below to view a small selection of properties. If you would like to register to view our extensive portfolio complete our contact form.

If you would prefer to rent a property and research the area before your house hunt please visit our rental section. Our partners Menorca Gold have extensive knowledge of Menorca and would be able to assist you during your stay on the island. Visit our rental page for examples

We are here for help and advice.

Spain – Summer/Autumn 2020

We have all seen some changes in 2020 affecting the way we live our lives. However the simple pleasures and tastes are still wanted.

Spain has adapted in postive ways increasing hygiene, social distancing etc.,

Bars and restaurants are still open and people taking advantage of the their sun filled terraces to sip some wine or a cocktail and the outdoor lifestyle.

Menorca

Beaches like La Zenia on the Costa Blanca, where you can mark out your space on the beach to enjoy yourselves safely.

A lovely early morning stroll by the coast and feel the sea breeze, or feast your eyes on the vibrant colours of Spanish flora and fauna is a perfect way to start the day.

Feedback from visitors, and friends often say ” We feel safe and relaxed here”

The coastal areas are quieter and less crowded than normal, but still to be enjoyed. It is personal judgement call whether to visit and while in Spain to help everyone stay postive and safe by following the local guidance.

Coastal walks

We will be visiting Spain in October and keeping you up to date with our blogs during our stay.

If you are considering buying property in Spain within the next 12 months please get in touch for a informative chat with us.

Property restoration in Mahon, Menorca

Restoring an old apartment in the centre of Mahon and bringing it back to life is always good news.

Have you ever considered such a project but feel a little nervous?

If you have the determination with the right team to support you, the result can be extremely rewarding. We can source historical character properties on the beautiful island of Menorca through our valued partners.

Here is the journey of one such project told by our partners in Menorca, please click on the link at the foot of the page to view the pictorial story.

The Story …

Today we wanted to explain how a home that had been uninhabited for more than 20 years, was given a second chance; providing a new home, not only with character and history, but with all the modern comforts we expect today. Its owner is an architect specializing in home renovation and energy efficiency and his vast experience made it easy for him to see the potential of the property.  Our sales negotiator knew straightaway what the architect was looking for – something economical in the centre of Mahon that had charm even though it was in a state of disrepair.  His aim was to enjoy the process of rehabilitation that lay ahead.  After only viewing four or five different properties, this expert decided on one of the apartments that Jose had shown him and in less than a month he had signed the contract in front of a notary and started the renovation work needed before being able to rent it out.

For more information click on the following link https://www.bonninsanso.com/discoverymenorca/the-before-and-after-of-an-old-apartment-in-mahon

For more information on similar properties https://propertiesoverseas.co.uk/home/menorca/menorcan-properties/

If you are interested in a renovation opportunity in Menorca or eleswhere in Spain, contact us for more information on how to start your search and secure a suitable property. Go to https://propertiesoverseas.co.uk/home/contact-us/

We would like to thank Bonnin Sanso as the source of the article and pictures.

BREXIT UPDATE

As AIPP members (Association of International Property Professionals) here it the latest update from AIPP regarding brexit and how it affects the international property market

BREXIT

 Well the Brits ‘left’ the EU and the wheels didn’t fall off… 

  As of 1st February the UK is no longer a member of the EU and is now in a period of transition until 31st December 2020. During this time there will be no changes to the terms for trading with the EU or the rest of the world, unless the rules change for the whole of the EU.

There will be no new procedures governing the movement of peoples’ or property ownership of Brits buying holiday or retirement homes in the EU.

OK it looks like the new certainty of the Brexit process is already encouraging many British buyers back into the market in 2020.

Spain offers rustic country houses, character village townhouses to breath taking coastal apartments. Take a tour ….

Spain – Where your € euro can go further

If you are considering buying or renting property in Spain we can help you with advice and introductions to established property finders and helpful professionals.

The cost of living -It is helpful to have a guide to the cost of everyday items like fresh market produce.

Weekly markets selling fresh produce + are easy to find.

The cost of leisure activities such as golf, tennis & water sports are very competitive. This may help you decide if Spain is a good fit for you.

Spain is cheaper than a number of its fellow European countries. Enjoy the wine, tapas and eating out regularly with friends. Spain allows your euro to stretch further.

Savour good wines & fresh tapas

We have found a useful web site with the information you may need. Visit http://www.numbeo.com for info on the A-Z cost of living.

Contact us info@propertiesoverseas.co.uk or chat with Sue on 07940913206 http://www.propertiesoverseas.co.uk

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