Finally some good news in this Covid-19 year!! Hondon Villas have been busy in these difficult times. It’s been hectic to be honest, a surprise given the current pandemic. But we are happy to report multiple sales post Lockdown. Congratulations to all involved.
It’s a relief as we all know it is a worrying time for businesses that rely on movement of people and freedom of travel, like us. And of course the dreaded Coronavirus has impacted on people wanting to travel to/from Spain for their holidays and property inspections.
Thankfully people still want to move homes or invest in property in Spain and the glorious Hondón Valley is on many people’s list right now… or at least they have been for us, Hondón Villas.
It’s been a mixed bunch of sales, mainly from people already living in Spain and either upsizing/downsizing or moving areas. However, we have had two that flew in from the UK (safety measures in place of course) just to view a property, loved it and paid the reservation deposit! Bonus! And so pleased for vendors and buyers alike… more dreams made.
Anyway, so we need more properties to replenish stocks. Property that sells in the right location and at the right price. it can and is being done.
Let us know if you want to be listed with Hondon Villas, the first choice agent for 15+ years in the Hondón Valley area.
INTERESTED? CONTACT US: TEL: +34 965 075 357 Mobile +34 683 635 339 OFFICE: Central Plaza in Hondon de los Frailes Office Location: https://www.hondonvillas.net/google-maps-for-hondon.php
We strongly recommend that you register with them as they have lots of generic online help & online webinars for buyers of homes abroad. Most of the main presenters are involved too. You can download buyer’s guides too to read on your web device and even ask questions on their social media pages. Start on the main APITS “The Hub” section here. ( https://aplaceinthesundigital.co.uk/the-hub/ )
[August 2020] What a year so far!! Here are some rambling thoughts for now … in a very fluid 2020! As we write we are 6 months into the Covid 19 pandemic. Masks, sanitising and social distancing are still compulsory here in Spain. It has affected all our lives in some way. By now most of us have seen personal and professional problems as a result of the pandemic… losing family or friends, unemployment, businesses closing, financial hardship and a general difficulty in coping with the uncertainty.
It’s this uncertainty and the restrictions on activities that lower people’s confidence in their immediate futures, their short-term plans. Life changing decisions, like changing jobs, investment, holidays, moving house & migration, will be put-off or even cancelled for now. There’s a knock-on affect of course. And we are not out-of-the-woods yet (August 2020).
House Price Index (Spain)
So it is fair to say that Real Estate in Spain (a key economic driver) over 2020 will continue to be & has already been impacted by various Covid related lockdown restrictions in travel, employment and the economy. Spain’s House Price Index* and property sales volume has been a snail’s pace upwards from 2013 to Q1, 2020… but because of Coronavirus we suspect the index to drop when the whole of 2020 figures come out, especially if things do not improve with the pandemic. Brexit will also be in the mix come Q1, 2021. How we’d like a crystal ball right now!
The graph above (c/o Kyero.com) shows a steady price increase from 2013 up to pre-Covid but also shows how prices dropped steadily after the crisis of the 2008 crash. You can also see that Spain still has not reached the heady days of the property boom before 2008.
* General Council of Spanish Notaries Public.
Sales & Mortgages Down
Kyero also report that during this last year up to April 2020 both the volume of sales and mortgage approvals have taken a dive just as Covid was taking a hold. Up to Q1 2020 there was a 39% reduction in sales volumes and -18% less mortgages approved in Spain. In our Valencia region sales are down 12%.
Hondon Valley Area…
Whilst Hondon Villas (the Hondon Valley, Alicante, Spain) saw no meaningful business during the lockdown period it has been surprisingly buoyant since we all went back to “normal” work mid-June. Trading conditions are still difficult but interest in buying / selling in Spain and in our case, the Hondon Valley area, is still keeping us busy right now…. thankfully.
But we would not be human if we didn’t show concern about our industry and our livelihood. Business wise it’s hard to justify investment right now or taking on more staff…. are all an if/but debate. Not knowing demand & supply is a strain. Paying bills, like rent and wages is a stress.
Still we are far from beat yet … Real Estate in general is an awkward cash-flow business anyway, relying on sporadic, unpredictable results (especially since the crash of 2008) and we don’t get paid until completion of the sale. So we are used to forward planning and ensuring we have a “float” to work from. In our case we can see creditor payments in the pipeline for pre-Covid sales to give us some comfort. That helps. And our appointment diary is busy for the short term at least.
As you’d expect both seller and buyer are cautious right now and we are all trying to work out the game plan. Of course the seller always wants the best top price and the buyer wants to barter down the price! Nothing new there then.
It’s a fact that in the Hondón areas in general, the supply of property out strips the demand = buyer’s market !!And it means buyers are gold. A seller that will not negotiate, can and do regret it. Covid may well have exacerbated this.
In the Hondon Valley areas, we’d definitely say it is still a buyer’s market, houses rarely get the asking price. Typically, 10/15 K off the asking price is normal… and buyer’s like to make the “cheeky offer” a la “A Place in the Sun”, and they are more savvy to the Spanish property market than we were 15 years ago. So seller’s have to be realistic and motivated on price if they want to sell.
The Brits can mitigate this if they play the Sterling/Euro exchange and are returning to the UK with their equity. Just a few cents per pound can make £1000’s on a sale of a house. So if a Brit bought during the boom €1.46+ to the £ era, then the lower exchange rate is now in their favour going back to the UK.
Also, we know the local Hondón economy is not wholly reliant on full employment as there are few jobs and careers here anyway (apart from seasonal farm work / construction / hospitality. We rely on the investment and pension income of foreign property owners in the main. The market and area here is now about 20 years established… so we are on the property map so to speak for re-sales and new build. It’s money in, very little has to go out, so to speak. So in that way Hondón is a bubble and can buck the national trend.
So…. overall as we write… we, at Hondon Villas, still believe and are increasingly getting more confident that Spain, and the Hondon Valley areas, is still a massive attraction for relocation, retirement and holiday home purchases. There is no lack of enthusiasm to live abroad in sunnier climes. After all this area is still as beautiful, tranquil, very Spanish and houses prices are amazing value compared to northern Europe. We attract mainly affluent, cash-rich 50+ age groups / retirees from the UK, Netherlands & Belgium looking for that slower sunnier lifestyle so they are not so worried about employment or the cost of living.
Yes, the Spanish Real Estate market might take time to pull its socks up post Covid, but the green shoots are already here in Hondón. Caution is still key of course and not withstanding a worsening of Covid-19, or another strict lockdown on travel / hospitality.
One thing for sure we do know is that Spain has plenty of property available if and when anyone needs it and to suit all budgets and tastes, inland or coastal. The Spanish government may even add incentives or tax breaks to encourage the property market like they did post 2008 crash. Hopeful.
Here’s hoping to a post-covid shopping spree on Spanish property. Salud!
Charity Appeal… From Aug 8th 2020 keep an eye out for HV Teddy … You can WIN THIS GIANT TEDDY who is looking for generous donations or for you to buy raffle tickets to raise money for ALMA a local pet charity. The Covid situation has meant normal fund raising and volunteer work as been scarce. And animals are suffering!
If you can help… please go along to the #lovelocal store ofHondon Linen & Luxury Goods in Calle Virgen de la Salud (near the Frailes Plaza) on Saturdays to not only see their wonderful array of tempting products but to buy a raffle ticket to win this lovely Teddy Bear.
Hondon Villas SL are more than happy to help local charities and donate the bear. And thanks toFrank of Hondon Embroidery and Print for the T-shirt and the mask!! Yes, Teddy is Covid-19 aware !!
He should have a name.. any ideas?
Pop into see us at the Hondon Villas office: 24 Calle Juan Carlos (Central Plaza) Hondón de los Frailes. 15+ years in the Hondon Valley.
Richard Seal, a master of words and the description and of The Hondón Writers Circle has kindly submitted this insight into life in the rural charms of the Hondon Valley. Delightful.
Bill and Jean love describing to friends back in Wolverhampton how their Spanish villa is tucked away on a mountain road behind an abandoned ruin, beside a forgotten expanse of wasteland which hosts an occasional sheep or goat, with black trees struggling to yield any olives. They excitedly explain that it is too far for the postman to trek, so they have a village mail box – a space stuffed full of old leaflets, and fiesta flyers from yesteryear, parties probably celebrated with customary joy when the aged local shepherd was just a boy.
Flanked by stunning views, lush almond groves, and fields full of oranges and lemons, Bill and Jean often sit together gazing at the landscape and feel that all this is a bit too good to be true. However, they know, through the blood red brilliance of the Costa Blanca sunsets, the occasional dog bark carried on the breeze and the birds which nightly hold the high notes on their twisted boughs, that this is how life is supposed to be.
Sitting in church every Sunday, listening to the service, Bill and Jean are vaguely lost amid Our Lady and saints unknown. They marvel at the Spanish words barely understood but sensed and sampled. A smiling señor and señora on the row in front suddenly turn to clasp their hands, making the couple feel so welcome. Afterwards they enjoy a leisurely lunch with a few Spanish locals, savouring the great value menu del dia with a bottle of vino tinto – Neither dissent at the prospect of time so well spent.
On a late August evening, Bill and Jean stand in the village surrounded by Spanish folk in family clusters, sitting together on rickety chairs hauled out of shuttered houses. The fiesta parade of floats leaves the pair in slack-jawed awe: Flower pot children amble ahead of twenties’ flappers, blazing a trail for Hawaiian gyrators; comic characters herald zombies and an underworld cast before the spectacular midnight firework blast. English village fates seem such distant memories, the couple’s life now is a Fandango; They smile at each other and wonder each day who could have spiked their Earl Grey.
The Provincial Institution (Alicante Diputación) want to help foreign citizens to understand and integrate more into local and national life here in Spain. Some 190,000 euros has been allocated to do this. And our region is involved.
The deputy of International Residents, Juan de Dios Navarro, has highlighted that the objective of these programs is to collaborate with the local entities of our province in the development of projects and activities that “contribute to help, advise and integrate the thousands of foreigners who they have chosen our province to live ”.
If you live here in Spain, you will know it can be different from life in Northern Europe, even quirky to foreigners! Many foreigners do not have the language skills or understanding to integrate or learn about the real day-to-day life here. Of course understanding the language, economy, culture and labour can enhance and facilitate a better lifestyle & happiness.
In this sense, the new initiatives such as Spanish courses, awareness and integration campaigns, care and advisory services, information campaigns on the municipal register, volunteer programs, intercultural participation days or sports activities will be subsidised. “The demand for this type of projects has increased significantly in recent years given the importance that, for their (foreign citizens) full integration in Alicante, have, for example, knowledge of Spanish or legal, legal or labour issues that concern them.” says Juan de Dios Navarro.
So look out for these initiatives in your local Town Hall or on local Facebook groups and get involved. Most will be free!
The benefited municipalities are Aspe, Elda, Hondón de las Nieves, Hondón de los Frailes and La Romana, in the Middle Vinalopó, Crevillent, in the Baix Vinalopó, and Salinas and Sax, in the Alto Vinalopó. Aigües, El Campello and Mutxamel, in L ‘Alacantí, and Albatera, Algorfa, Almoradí, Benferri, Benijófar, Bigastro, Catral, Cox, Daya Nueva, Daya Vieja, Dolores, Granja de Rocamora, Guardamar del Segura, Jacarilla, Los Montesinos, Pilar de la Horadada, Rafal, Redován, San Isidro, San Miguel de Salinas and Torrevieja.
In Vega Baja. Alcalalí, Benigembla, Benimeli, Calp, Dénia, Llíber, Murla, Castell de Castells, Ondara, Orba, Parcent, Pego, Benitachell, Els Poblets, Sanet y Negrals, Tormos and Xábia, in the Marina Alta, and L’Alfàs del Pi , Altea, Beniardá, Bolulla, Callosa d’En Sarrià, Finestrat, Polop, Relleu and Tárbena, in the Marina Baja. In the El Comtat region, aid will go to L’Alqueria d’Asnar, Cocentaina, Facheca, Muro de Alcoy, Lorcha and Planes, while L’ Alcoià will benefit Banyeres de Mariola, Onil and Tibi.
A GENUINE OFFER / SAVE ON FEES. Yes, a pricing promotion for new sellers on the La Montanosa Urb, Hondon Valley. … €3000 + IVA That is up to 50% cheaper than other Hondon Valley agents! Why such a low fee? Good question… Due to our increased sales on La Montanosa before Covid-19 our stock had been depleted. We urgently need more properties in La Montanosa as we have clients waiting!
So, if you are motivated to sell your La Montanosa home then call us for details : +34 683 635 339. We are motivated to sell your property and you can save money, SIMPLE! .. but hurry it’s time limited!! [ Book your free valuation here ]
La Montanosa Urb is nestled in between both the villages of Hondon de los Frailes and Hondon de las Nieves. This is a quiet & beautiful sought after location, the properties are very popular! We need more houses to sell on there. So we want to entice you with this special low new seller’s fee. Remember that’s up to 50% cheaper than other Hondon Valley Agents.
Why Choose Hondon Villas S.L.? We have been selling properties in the Hondon Valley for over 15 years. We offer a complete package for both sellers and buyers, we do not just get the sale and then move on!…We are proud of our aftersales support for all parties, which is another benefit of marketing your property with an agent who has an office. Our friendly, multi – lingual office based team are on hand to deal with any enquiries.
A Summer Special Offer* GET MOTIVATED and CALL US NOW Our new offer is a trial, we’ll review how it goes…. We may even extend this to other areas. Don’t miss out. CALL US NOW.
Be assured we NEVER pressure you to sell or buy!! But we are experts at negotiating property prices with our 15 years in the Hondon Valley, 35+ years in Real Estate. #lovelocal #localknowledge
Agents Fees? At Hondon Villas S.L we know the market well. We know what it costs to run our offices, 3 cars, up to 5 staff, taxes, accountants, Internet, phones, advertising, rent… etc. It’s not cheap to run an office and pay contracted staff but we feel it improves the service we can offer, our business is run with customer service at its heart and although our overheads are higher than agents that work from home, the smaller profit is worth it!
Our main office is in Frailes Plaza, open Mon-Fri 10.00 ~ 17.00 and by appointments at other times. Pop-in to see us.
#Staysafe. Love from the Hondon Villas S.L. Team
*Special offer price for new clients (sellers) on La Montanosa urb, Hondón only. Trial limited period, may end soon. Qualifying terms and conditions apply. IVA (tax) is to be added. Incudes FREE valuation, photos, video, house visits & paperwork checks. Marketing across Europe, office displays, online, social media,No sale, no fee. Exclusive offers.
There’s are 100’s of tapas recipes and dishes to choose from. They can be regional or very generic Spanish and portions vary too. In many parts of Spain they are served free with your drinks in Spanish Bars, always welcome. Some can be bizarre compared to northern European tastes but give them a go!
Well one of our favourite cooking channels on YouTube is “Spain on a Fork”. If you are new to Tapas or want to try something new then this channel is well worth a subscription.
Try cooking these very easy but essential Spanish Tapas Dishes yourself… In the video below you can learn to prepare and cook the very popular and typical Spanish tapas recipes…. it looks so easy and so delicious. let us know how you get on.
Including Warm Salted Almonds Manchego & Sweet Roasted Peppers Garlic Mushrooms with Smoked Paprika Roasted Potatoes with Paprika Ali-Ole Roasted Asparagus with Lemon Cheese & Egg Montaditos … all delicious and at only 3 or 4 ingredients per dish. The recipes can be printed and followed here:
A Montadito is a staple of the culinary arts from Spain. It is a unique tapa-sized rolls of bread similar to a baguette but wider and with a twist. … The etymology of the word ‘montadito’ stems from the word ‘montar’, which means ‘to mount’ in Spanish.
Hola! thank you for your visit.
If you are looking to buy or sell property in the Hondón Valley area, please consider Hondón Villas, a local family business for 15 years. We are passionate about property and can advise & hold your hand throughout the process. Our office is in the main Frailes plaza, open Mon-Fri 10.00-17-00 and by appointment at evenings and weekends, WEBSITE : WWW.HONDONVILLAS.NET