Investing in Spain?

I am so proud to be able to represent Dream Spain who was created by two very professional, very dedicated people from the UK. Despite or may be because of the doom and gloom filled media many people are wondering if they can still fulfil their dream of moving to Spain. With savings in the bank now bringing a minimum return they are attracted to the opportunities in the Spanish property market and the potential to rejuvenate their lifestyle.

A fear which is preventing people from making the move is the “no going back” syndrome. If you sell your property in the UK it can be difficult to return – especially with the current mortgage situation. What if your Spanish dream doesn’t work out? What if you don’t like living in Spain? What if you need to return to your family in the UK?

On looking at invensting in Spain, Dream Spain comment "Spain does not work out for everyone so it is always sensible to have a Plan B. Rather than selling up in the UK more and more people are looking to rent out their original home whilst they trial a new life in Spain. It has a number of advantages – you retain your asset and the rent covers your mortgage or provides an income. Most importantly you do not have to start all over again should you decide to leave Spain. However it also brings its own set of challenges, not least being an overseas landlord with an emotional attachment to your UK property. Finding a good UK based letting agency is vital to ensuring you can enjoy your life in Spain without worrying about what is happening to your property in Blighty. Communication is key for overseas landlords and you need a letting agency that acknowledges this and is prepared to keep you informed and take real responsibility for your property"

Director of SurreyLets, Sally Asling, has this advice for potential overseas landlords “Letting your home in the UK whilst you move abroad is a sensible option as if things don’t work out you still have your home to return to. Once you are overseas and are content it was the right move, you can either sell your home and reinvest in more conventional buy to let properties to maximise your returns on your investments whilst keeping a foothold on the UK property Ladder or sell up. It is however to work in with a Letting Agent that you trust and find out who will be dealing with your home on a daily basis. Too many larger companies pass you over to call centres and the personal touch disappears. Here at SurreyLets we pride ourselves on offering clients a personal and professional service that is tailor made to suit you. The professional staff can advise you on all aspects of letting you home and assist you with every step along the way, ensuring your best interests are put first”

So if you are thinking of buying a holiday home or looking to settle down in Spain, please dont hesitate to contact SurreyLets.