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    New Spanish investor searching for properties in the UK

    Dear British colleagues, I'm a spanish investor used to house flipping in Spain (Barcelona and Valencia). I'm doing well in my niche of expertise but looking for new markets. And I was thinking to do some BTL in the UK (maybe using my flipping skills to maximize the purchase). Part of the...
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    To buy in Spain or not to buy .......... That is the question

    Hello @diyhelp , Auctions from banks are dominated by few very senior brokers. It's very difficult to get in. Specially for the best deals. The best deals are closed in private between big players. All the banks, they have their own Real Estate Bussiness website: you could find some...
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    Investing in Spain

    Hello @diyhelp You could find very good opportunities in some medium size (wealthy) cities. For example: Zaragoza , Bilbao, Valencia, Logrono,... All this cities have university, good public services and are well connected by airport or a big train station. All of them could be a good option...
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    Investing in Spain

    @Longterminvestor I prefer longterm for stocks. In Spain it happened too much trouble with RE. For example: right now Barcelona and Madrid are becoming very hot, both because a mix of tourism + younger generations prefering to rent + no credit without strong downpayments. Who knows how long this...
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    Paying deposit

    No, they are held by the seller. This kind of contract is always used in any RE transaction and it has legal validity in front of any tribunal. But for instance, the deposit for renting a property is held by a public entity until the end of the contract. As @Longterminvestor said, is better...
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    Investing in Spain

    Hello @Nicholas Wallwork , I'm more on fix&flip or buy&hold (long term family rentals). That kind of bussinesses are easier and better on "wealthy" and populous areas. But If we are talking about holiday rentals, the main reason that I could give is because is a seasonal bussiness, and it's...
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    Investing in Spain

    Hello everybody, For those looking for real estate investment opportunities, right now in the big cities you could find good deals for Fix&Flip and Buy&Hold. I would recommend to avoid the coastal side of Spain. Focus on Madrid Barcelona and surroundings. If you want to discuss about it let...
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    Paying deposit

    Hello MadameButterfly, The downpayment contract in Spain is called "Contrato de Arras". Normally it's a 10-20% downpayment and the conditions are as following: when you set "Contrato de Arras" is compulsory for the seller and the buyer to finish the transaction. In case that the contract is...
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