It is important to research the market and find a lender with a solution that is suitable for your budget and timeframe. Use your time with the mortgage consultant to explore and consider different types of mortgages, rates, fees and loan to value ratios available to you.
Ask lots of questions, as a mortgage is a long term committment. You need to feel you have all the relevant information necessary to make the right decision for you.
Specialist Mortgage Lenders
Properties Overseas are able to offer a free consultation with a specialist mortgage provider who deals extensively in the overseas property market and tailor solutions to individual needs.
Properties Overseas have a network of long established Spanish partners who can introduce you to local bank managers within the Spanish banking industry, helping you consider finance options available to you in Spain.
Euro Currency Mortgage
If you decide to arrange a mortgage where payments are made in euros, it is worthwhile to consult a currency specialist. They may be able to offer a advantageous rate compared to high street banks, reduced fees, together with discussing the types of currency contracts available.
Properties Overseas have currency specialists and mortgage consultants we can introduce you to and see who is the best fit for you, contact email@example.com
Speak to Andy Thomas quoting properties overseas
Speak to Paul Brewer/Natasha Hayward quote Properties Overseas.
Sue & Paul are available outside of office hours on 07940 913206 to assist to you.
The above services are available to you and not dependent on buying or selling a property through Properties Overseas.
See our blog on currency specialists
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
We are going to have a series of blogs about the different aspects of renting your property.
A holiday home can deliver more than just a retreat or bolthole to escape the daily grind.
Your property is an asset which can generate income and achieve capital growth.
Think about how, when and who will use the property?
Your holiday home can offer flexible rentals
Short term 1 or 2 weeks or the whole of the 6 week summer holidays, or long winter let’s.
If you are for example in a city say Malaga, or Mahon or Ciutadella, demand may be high for a short weekend breaks. This may be particularly attractive to potential guests if transfer times are short to the international airport and are easily accessible either by road or public transport.
In the case of Menorca we can offer property management and rental services with concierge service to cater for every need.
Contact Properties Overseas to discuss your individual requirements.
A few pointers you may find useful to consider when marketing your home.
Is the property primarily an investment property with a few weeks a year for personal use or the reverse?
If requiring income do you have a target figure to reach?
Look at rental sites covering your location seeing the differences between low, medium and high seasons to establish potential rental values throughout the year.
Are you willing to sacrifice 2 to 4 weeks in high season, to make available for higher value rental returns?
How does potential rentals fit into your personal or family holiday calendar?
For further information on property management services please contact us. Info@propertiesoverseas.co.uk or speak with Sue on 07940 913206.
Some points worth considering regarding making use of your property in the sun.
Consider how many weeks you intend to use the apartment/villa?
What time of year or season do you wish to use it?
Is it suitable for short breaks or more suited for longer rental periods?
If you have a large number of weeks where it will be vacant, perhaps a few rentals can offset any annual running costs.
If more regular rentals are a possibility this can supplement your income in retirement, with little effort on your part with a good management company to call on.
If this is something you wish to discuss we can facilitate this through our agents in Menorca and Nerja who would be happy to assist and are very well established and respected.
Home staging is an idea well established in the USA.
It allows for a property to be well presented and viewed by prospective buyers in the the best possible light.
Small touches like the correct lighting, with furniture and soft furnishings to be correctly placed, can give a positive feel to a room or the complete house.
It may need freshening up with a coat of paint, or some minor repairs to ensure it remains well maintained.
All the above helps to increase the chance of credible offers from potential buyers.
If you have a property to sell in particularly in Costa Blanca South area of Spain contact us. Our agents take their service of “Home Staging ” seriously and with a realistic market price have achieved excellent results in this market.
We are happy to contact our partners in other areas to see if they to can assist with your request to sell your home or perhaps a inherited property.
Contact us today firstname.lastname@example.org
Or speak directly on 07940 913206 or 0330 001 1247