Restoring an old apartment in the centre of Mahon and bringing it back to life is always good news.
Townhouses
Character Properties
Village Houses
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.
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.
Invest in a slice of sunshine to enjoy for many summer’s to come. Or perhaps getting away from British winters is important to you. Regularly visit or stay for extended periods in places such as Menorca, Mallorca, Costa Blanca & Costa del Sol.
Why Spain ?
The weather
Easily accessible
Cheaper cost of living than the UK
Excellent leisure facilities & fiestas to enjoy
Established rental market
A safe and welcoming environment
Historically low interest rate mortgages
spacious interiors
Luxury pools
high quality & energy efficient design
We have personal experience of what to consider when buying abroad, which we did some 20 years ago. Everyone’s wish list is special and individual, here are a few pointers to what you would want to consider:
What type and size of property that would suit your needs?
How many people may use it and what age groups will it need to accommodate?
Do you have special requirements e.g. access, peaceful locations or one level living maybe a priority?
What time of year summer or winter periods do you intend to use the property, together with how many weeks usage per year?
What type of facilities and the type of desirable location?
Are distance from airports and transport links important?
How do you like to spend your time on holiday?
Are you buying for pleasure or investment or a perhaps a combination?
Would rent the property, if so, just to friends and family or would you advertise it?
Are enhanced security facilities and concierge services a consideration?
The above is not a exhaustive list but helps to establish some core priorities
Menorca is not just well known for its relaxed lifestyle, glorious beaches, secluded coves and fantastic seafood. Menorca has so much more to offer and experience. Here is a article kindly produced by our property partner in Menorca.
Menorcan Skies
Menorca has long enjoyed its starry skies. In 2014 the Balearic Group of Ornithology and Defense of the Nature of Menorca (GOB) proposed to turn the Island into a Starlight Tourist Destination so that people could look at the night sky without any light pollution.
An environmental but also tourist request which the Insular Council managed to achieve in 2019 and Menorca was credited as a Starlight Reserve. With this approval the island has become the first destination in the Mediterranean to obtain the double accreditation of both a Reserve and a Starlight destination. It is also one of the thirteen regions of the world to have obtained a Reserve certificate and is one of the twenty eight destinations of the world to enjoy excellent star gazing.
MENORCAN SKIES
We would like to thank Bonnin Sanso as the source for the article and pictures. For advice or more info please click link below
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.
We asked one of our established partners how best to achieve a successful sale at the best price. Ana and Manuel from their office in Spain shared their approach with us.
These are the how they described the steps they would take:
PRELIMINARY ASSESSMENT
A visit to the property for a preliminary assessment and advice on the market price.
SEE YOU AT THE OFFICE
We will make an appointment at our office, where we will carry out the following:
• Personalized analysis: Why have you decided to sell? Aims, needs, dates of moving house, mortgage, analysis of the potential buyer, setting,…. everything makes a difference when making one of the most important decisions … THE PRICE.
• More than a client!!! It is time to formalize our business relationship (signing of the contract).
• More than a seller!!! We will give you a detailed explanation of our services, propose a personalized marketing plan to apply to achieve our main goal… sell your home in the most effective manner possible. We will always seek your maximum profit and satisfaction. If you have any doubts, we will clear them up and give you advice to make things easier for the duration of the sales process.
COLLABORATION PHASE 1
Collection of documents. We will provide our DOCUMENTATION CHECKLIST, where you will find the list of documentation required to sell your home. This process helps us all speed up the work, since all these documents are necessary to complete the sale and sign the deed. In addition, we will avoid headaches in the future.
COLLABORATION PHASE2
Preparation of the home. We will provide our HOUSE PREPARATION CHECKLIST. It is time to check the current condition of your home, and we will focus on the points that can be improved, with the intention of getting the best price for your home. We will give you guidelines to follow to turn your home into a “magazine house”.
1 – Provision of items for photos: If necessary, we will provide decorative items to achieve striking and vibrant photos.
2 – Home-Staging Service: Where necessary we will offer our home-staging service. We will show you photographs demonstrating the BEFORE AND AFTER of some of our work.
COLLABORATION PHASE 3
We will give you some tips to get the widest possible publicity for your home. Your immediate circle of friends and relatives are potential buyers. Within one week, we will deliver the selection of photos, the video and the shop window cards.
COLLABORATION PHASE 4
FIRST VISIT: WHAT SHOULD I DO? HOW DO I PREPARE MY HOUSE? SHOULD I STAY OR SHOULD I GO? It is time for the visits and we cannot neglect any detail. Therefore, in our HOUSE PRESENTATION CHECKLIST you will find a quick guide of all the details you should not forget.
A PICTURE IS WORTH A THOUSAND WORDS Preparing a quality photo report. A qualified person will take and edit the photos to enhance the “selling points” of your home.
VIDEO/ANIMATED COMPOISTION WIT MUSICAND ESSENTIAL TEXT. We will prepare an animated composition combining images, text and music.
COUNTRY FINCA – MODERN VILLA – VILLAGE HOUSE
MY HOUSE FOR SALE
It’s marketing time:
• We hang the “FOR SALE” sign.
• Posting on our website.
• We place the sign in our window (subject to availability).
• Publication in MLS.
• Publication in ASIVEGA.
• Direct gateway to real estate websites.
• We give you the photographic material.
CONSTANT TRACKING
You will be updated after each visit to convey opinions, impressions, orientation of the potential buyer, etc.
ONGOING COMMUNICATION
You will receive a phone call to quantify visits: comparison with other similar homes, comparison with number of visits in the previous period, possible price adjustment, new marketing strategy:
If the house is still for sale we will review our marketing plan. We will discuss together what possibility is the most appropriate for you, such as: new photo report, new video, new shop window sign, price adjustment, remove photos from websites and post them again after one week, open house.
OPEN HOUSE
We will prepare your house to be open to the public for 10 hours. We will make a marketing plan with the intention of reaching the greatest number of people interested in buying.
COLLABORATION PHASE 5
OFFERS RECEIVED
The moment of truth is near!!! We will discuss the offer together and, if you require, will be happy to advise you. REMEMBER… THE FIRST OFFER IS USUALLY THE BEST! DONE IT! Got a buyer. Now what do I do? We offer personalized legal, financial and tax advice, arrangement with the buyer of dates for the signing of the deed, methods of payment, etc. Our goal… your peace of mind!!!
SIGNING OF THE DEED
You will be accompanied by a team of professionals who will be responsible for dealing with the signing of the deed without any shocks or last minute surprises!!!
