Friday, 7 December 2007

Advantages of buying a property abroad

Once a upon a time, (all good stories start like that), my partner and I were on holiday sitting on a sun drenched beach. As usual our minds wandered to statements like 'Why can't we do this all the time?' 'Why do we cram in pleasure into a 2 or 3 or weeks holiday a year?' 'How could we make money to make our dreams a reality?' After kicking it around the answer was simple. Why not buy a holiday home abroad? It appeared to have lots of advantages. We could use it when we wanted too for weekends or holidays. We could offer it to family and friends and or even go with them and spend some quality time together. We could winter in Spain. We could rent it out to help pay the mortgage. The list advantages seemed endless.

Where to buy? After much debate we finally decided on Spain since it has lots of sunshine, with temperatures ranging from a minimum/maximum of 7C/21c in the spring to 16C/34C in the summer, 10C/23C in the autumn and 2C/17C in the winter. It enjoys an average of 320 days of sunshine a year. It has miles of beaches, lovely food, lot's of green golf courses, friendly people and the flights from the UK are reasonably cheap. Another huge benefit was perceived to be the fact that a great many of the Spanish people speak English. A major factor was the long list of activities and facilities the area offered.

We settled finally on the Costa del Sol to purchase our property. We simply felt it was right for us. Spain is a vast country and if you purchase a property you have to ensure the area is right for you, after all we are all different. This Costa is Spain’s best known coastline and is 99 miles long stretching form Nerja in the east to Gibraltar in the south west. It has a population of 1.2 million and very important for rentals some 8 million plus tourists visit each year. The scenery is dramatic, the coastline being backed by high mountain ranges. The coast is green and lush and the area virtually had everything on our wish list

Eventually we travelled to Spain, the end result being that we purchased a property at Casares Del Sol and we have had several enjoyable trips there this year.

The journey from concept to reality took some 2 years and we decided to share the experience with others considering embarking on a similar life changing path. Who knows if the articles are enjoyed and deemed beneficial they might even grow into a book, so please do provide feed back...If we sell enough we can might even be able to pay off the mortgage!

'What to expect on a viewing trip'

This is one of a series of articles, 'warts and all' experienced by my partner and I purchasing a property in Spain which took us on a two year roller coaster journey. They are published to inform others embarking on a similar life changing path. Who knows if the articles are enjoyed and deemed beneficial they might even grow into a book, so please do provide feed back...If we sell enough we can might even be able to pay off the mortgage!

This article specifically covers the viewing trip. A bit of background. My partner and I had decided to purchase a property in Spain. Speaking to some friends they were also thinking of buying a property and suggested we join them at a property exhibition in Birmingham.

To cover more ground we split from them promising to meet at lunchtime and recommend suitable stands to visit. They were late back however and a phone call revealed that they had brought an 'off-plan' property on the Costa Del Sol, west of Malaga, and were just finishing the necessary paperwork.

Frankly we thought them to be deranged to make such a quick decision, however they knew that area of Spain well. We were more cautious. However upon their recommendation we visited the same stall and hey presto we had booked a viewing flight to Spain before you could say 'tapas!'. I must say though that the thought of a cheap weekend in Spain was quite appealing though. A weekend trip cost £95 each.

A few weeks later we landed at Malaga airport and were very impressed with a warm greeting from the sales person, Virgina. We were even more impressed that she knew our names. Our personal escort was very friendly and we were whisked away from the airport in a nice BMW company car.

No time to book into our hotel and freshen up, we were driven straight to various developments to view properties for sale. We did stop for a brief lunch, on the company. I did the wrong thing by drinking a large glass of wine. The day was warm and I must admit I soon nodded off in the back of the car, much to the annoyance of my better half!

After looking at lots of properties and developments at both ends of our financial spectrum we viewed a development we liked at Casares Del Sol approximately 25 minutes from Gibraltar. It seemed to have everything we were looking for. It promised luxury apartments with 2 bedrooms, 2 bathrooms, a high tech kitchen, set amidst tropical gardens with 7 swimming pools. Being British we maintained the 'stiff upper lip' deciding to mull over the prospect during the course of the evening.

We were then booked into a smart hotel on the seafront in Marbella, all part of the package. By the next morning following a romantic dinner washed down by lovely wine, (wine in Spain is very cheap), we were convinced that the development was for us.

We did however visit some other developments with Virginia so as to be completely sure. There was no pressure placed upon us, the developments almost selling themselves. Virgina gave us lot's of help in seeing the various benefit's of exactly where to buy on a development. Consider for example things as views, noise levels, access as we get older (lift, stairs etc), proximity to pool, rental opportunity

What drew us to this development was that is was a mere 1 minute from the sea by car, 5 minutes to restaurants and shops, and 10 minutes to mountain villages. It promised to have stunning golf, mountain and sea views, and was, it had everything we were looking for.

We signed the purchase form and parted with 4,000 Euros, (good old Barclaycard). The lovely Virginia treated us to a slap up meal at Casares. Casares is a lovely traditional white washed mountain village whereby our development gets it's name. At this point she felt more like a new friend than a sales representative. As you can imagine we had many questions regarding what was to happen next and she was very patient answering them all.

We returned to the UK excited with dreamy thoughts of spending many holidays in our home in the sun. Virgina kept in touch occasionally informing us to progress on the development and even sent occasional photographs of our plot.

My advice is to carefully select which company you book your viewing trip with. Ask where you will stay during the visit, and of course what is the cost. Finally ask lot's of questions, compile a list before you go and get each question answered.

Our apartment at Casares Del Sol is now complete and we have enjoyed several trips there this year.

Wednesday, 5 December 2007

'Off plan v On plan'

This article is one of series written following our own recent experiences when purchasing a property in Casares Del Sol Spain. The path to property purchase abroad has many routes and along our path we have picked up some knowledge.

Hopefully you will find this and the other articles interesting, please do give feedback If enough find it of benefit a book may follow. If we sell enough it might even pay for the mortgage!

Specifically this article briefly explains the two types of property purchase. My sound advice is to engage an English speaking lawyer to lead you through the purchase maze. In Spain a property lawyer is called a Notary. The law in Spain is different to elsewhere and at first will seem daunting and complex but you will soon pick up the process. It does make life much easier if you can speak to your Notary.

Very basically there are two types of property purchases abroad. 'On plan' where you buy a resale or newly completed property and full payment is quickly due as in a normal house purchase, and 'Off plan' where you buy a property still to be built or which is partially built. Payments are in stages.

In Spain ‘On plan’ deposits are normally known as arras, deposito, fianza, and reserve. Whilst the deposit amount is negotiable expect to pay around 10 per cent of the purchase price, the balance is paid upon completion. Check as to whether your purchase contract, contracto states plainly whether the initial deposit is to be returned in the event of non-completion. Expect there to be conditional clauses attached to a purchase contract, and are called clausulas abrogatorias.

‘Off plan' is often the preferred option both for the vendor and vendee. From the point of view of both parties the deposit can very low, in some cases 3-4,000 Euros. There is usually a 30 day cooling off period after which time normally 20-30% of the purchase price has to be paid, minus the initial deposit. The vendor loves 'off plan' since it is easy to sell the dream.

Friends of ours have been privy to this poetic licence occurring when buying their own specific properties ‘off plan’. Example 1: The internal floor space looked less when they obtained the keys than on the original specification, no less than 7 sq metres less in fact. Example 2: The apartment block was further down a hill than on the original plan, and consequently nearer to noise and the associated dust from road traffic.

Lastly before you decide which type of purchase is for you do lot’s of research!

Tuesday, 4 December 2007

Preparing for Lapland

Lapland is within the Artic Circle, so you can expect a winter trip there to involve cold and dark. But just how extreme and how much do you need to take?

On a day trip, you will be provided with boots and a ski suit. When we visited the changing area was full of 1 or 2 plane loads of people, each with different ideas of what was needed. Unfortunately, after the first set of activities there were children crying about the cold – and that was at the warmest time of the day.

Cheap thermal long johns and thermal long sleeved t-shirt are an essential base layer. Not only do they keep you warm, but they also help to remove sweat away from the skin (yes, you will at times sweat – just wait for the tobogganing!), which would otherwise make you cold.

We saw a lot of people dressed just like that under their snowsuits, but my preference was to be fully dressed. Jeans or trousers on the bottom half, then another long sleeved t-shirt and a fleece for the top. We "only" had temperatures down to –16c, it can go a lot colder, and I was just a nice temperature. But I would also recommend taking a jumper or cardigan to wear under the fleece.

My recommendation from personal experience would be to make some of the layers on your top half zipped layers. When you are moving around a lot or going into buildings you can then have the fleece and other base layers unzipped. Otherwise you would need to remove the snow suit to remove a layer – not the best idea when it's snowing!

The only problem I did suffer was cold feet. We had taken ski socks, but when we saw the cosy snow boots decided that normal socks would be enough. The others were fine in just normal socks, but mine must have been particularly cold as my toes began to freeze! In hindsight, thermal socks of ski socks, or at the very least good walking socks, are essential.

A good warm hat and skiing gloves are absolutely essential. Your hat should cover your ears and mine was a wonderfully warm woollen hat with fleece lining. Gloves have to be waterproof – one fall or thrown snowball and as others discovered you have very wet and cold hands for the rest of the day. Some lip cream to prevent the cold drying them out would also be a great benefit. Not so much whilst you are there, but it will prevent you suffering dry lips when you get back.

As for other bits, a torch is useful depending on what order you do the various activities. A camera must have a good flash and plenty of batteries. Keeping the camera protected from the elements will help to prevent the batteries going flat too quickly, but think how many you might need and take at least double that number. Also be aware that the camera will fog over at times, so take care when going from cold to hot and vice versa.

Keith travelled to Lapland with Cosmos. He writes and works for ClickRentStay holiday villa rentals.

Monday, 3 December 2007

Lapland Last Minute

A Christmas visit to Lapland can be a really exciting adventure, but is it the sort of trip that needs booking well in advance or is a last minute trip on impulse just as good, if not better?

With your main summer holiday it is really good to get it booked well in advance, secure in the knowledge that you know when and where you are going and where you are staying. But for a day trip to Lapland a lot of this security isn't required. You don't need to worry about the best accommodation being full - you aren't staying in any accommodation!

It is also very appealing in the winter to book a summer holiday. When it's cold and wet outside, the thought of booking somewhere warm and sunny is exciting. But if it's hot at home, is booking a trip to the artic circle where temperatures can reach -40c so appealing?

It is also part of the run up to Christmas. As we approach Christmas the adverts appear in the papers. Many of the people on our trip to Lapland had not booked long in advance. For many, including ourselves, it was almost an impulse booking. In one case, the family had booked only days before the flight, yet everything was ready for them.

Some families also don't tell their children about the trip. In an extreme case, we were told at check-in that a family had arrived shortly before us and even when checking in the tired children had not worked out why they were standing in the airport. There were no shrieks of joy on the plane as someone discovered they were off to see Santa, so I can only assume they realised between check-in and boarding.

We did find that it was very exciting booking our trip with Christmas so near. With only a couple of weeks to wait for the trip it was on our minds all of the time. The only downside is that you really should take a few warm layers and ski gloves – if you haven't already got them then with a late booking you might need to rush out and buy them. But then, with most holidays isn't there some sort of last minute buying?

Booking a last minute break to Lapland is a great idea. It really makes Christmas seem just around the corner!

Keith travelled to Lapland with Cosmos. He writes and works for ClickRentStay holiday villa rentals.

Sunday, 4 November 2007

Running Holiday Cottages In France

The long term trends look poor. There are 500,000 English owned properties in France - that's half a million families that will no longer be renting holiday cottages in France.
We have to say that it doesn't quite feel like that for us. Every year we seem to manage sufficient "fullness" to be happy with the outcome. Even this year when summer was rained off and we had to pay French taxes for the first time. As inveterate holiday cottage renters in earlier times we decided upon several things when we started on the venture:-
A holiday cottage does not have to be big enough to live in - just big enough to be enjoyable for a fortnight. Small really is beautiful.
The things that go wrong or are missing are the things you would notice yourself, so at the start we made a list of all things we'd ever wanted in a holiday cottage and provided them all. Next we decided to live in our gites from time to time so that we knew their failings. Sometimes we have been aghast that people have not complained about something or another that we've realized is wrong.
The holiday cottages had to be sufficiently comfortable and welcoming to be a place to live in - even for a fortnight - rather than just a dormitory. We had stayed in dormitories (too uncomfortable to stay in, other than when we were asleep) and didn't want to inflict one on our locataires (=renters).
As a holiday is a time to relax we try to make it so. It helps if everything is included in the price, so no worries about electricity, gas or wood fuel bills. French gite owners (god bless 'em) read the meter before and after your holiday.
If possible we thought each gite or holiday cottage should have its own garden. Quite unimportant if you're off sightseeing every day, but as gardeners we knew we would enjoy providing them.
Finally we decided fairly early on to accept any bookings over three days in length. Changeover days are a pain in the neck for the gite owner (you write off every single Saturday in your life) and inconvenient for holidaymakers who want to have cheap ferry crossings. The odd wasted days are when our gites have their own mini-holiday.
On the whole we may be dinosaurs - throws back to the past when low property prices made financing all this quite straightforward. Now its not that easy even in France.
The supply of cottages to rent for holiday in the UK is tending to decline because "buy to let" schemes, and because realising the capital value of the cottages is more attractive than the rather labour intensive activity of providing people with holidays. So it is in France.
Meanwhile we enjoy ourselves !
Writes on a variety of travel industry and related topics, including airports, French maps, and gites holidays, at www.ruelmain.co.uk for french holidays wine and airport maps and also at www.airportParkingEverywhere.com for world airport parking, hotels and other airport links
Article Source: http://EzineArticles.com/?expert=Charles_Marriage

Thursday, 1 November 2007

Orlando Vacation Villa Homes Versus Hotel Rooms

Imagine the scenario, you want to have a large family get together in Orlando or one of the other beautiful Florida destinations. You have tried several hotels some can accommodate you some can't, those that can accommodate you can't guarantee you will be in the same part of the hotel complex let alone the same floor.

Even if you are traveling as a family, many offer 2 Queen sized bedrooms or a King. So if you are taking kids with you it's going to be Mom & Pop in one Queen and the kids in the other. Not much privacy there. Once the kids are asleep and you want to watch a bit of TV you have to keep the volume down low so as not to disturb the kids.

So what's the solution?

Simple, take a look at the many vacation properties available in Florida and particularly the Orlando Area. These luxurious vacation homes are equipped with everything you need to make it your home from home. Almost all of them have private heated pools, some with hot tubs and Jacuzzis. Many have large screen TV's, games consoles such as xbox and PS2 along with games. Others also have games rooms with pool and foosball tables. So after a tiring fun filled day at the theme parks if the kids have any energy left there is something for them to do. Mom & Dad can have some quality time too once the kids are all tucked up in bed. If you wanted to cook some meals instead of eating out all the time, even if it is Breakfast the choice is yours. All the facilities are there at your disposal. Some villa communities have communal areas with a pool, kids play areas, hiking trails and clubhouses too.

What about the cost?

Many times the cost is comparable or cheaper than hotel rooms, depending on the number of travelers. If you take in value for money then Vacation Villas are cheaper than hotels every time. The average cost of of a vacation home that has 4 bedrooms and can sleep up to 10 people (many have sleeper sofas), is around $900 per week. If, lets say, there were 8 people traveling in your group and you stayed in hotel rooms, it could easily cost more than the $900 especially if you had 4 rooms! Bedroom sizes can be as many as 7, often with more than one master suite. These huge villas can sleep up to 16, if you would want that many! For the privacy alone it's got to be worth the money.

When choosing a vacation villa online from a website, you can rest assured that you will be dealt with in an honest and professional manner. All villas have been verified by the site owners as being registered with the state and hold a Hotels license and do indeed exist and are owned by who they say they are. All villas have a competent Management Company that provide any assistance that may be required by you throughout your stay.

When visiting http://www.perfectfloridavillas.com you are able to view the property you like see many pictures of it and ask the owner for answers to any questions or requests you may have.

So it's time to break the hotel habit and give vacation villas in Orlando and Florida a try. You wont regret it!

Steve Sewell is a Orlando Villa owner and is part owner of http://www.perfectfloridavillas.com and also owns the informational guide website http://www.perfectfloridaguide.com he has been traveling to Florida for the past 16 years and has built up a wealth of knowledge.

Article Source: http://EzineArticles.com/?expert=Steve_Sewell