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
Property Ref’ #972: This 3 bed detached villa has an outside kitchen, garage and carport and a covered pool. The annexe could convert to casita and the property is close to famous Fortuna thermal baths.
Key Property Points: Detached Villa • Private Pool • Garage • Outside Kitchen • Car Port • Glazed Terrace • Lounge • Kitchen • Log Burner • 3 Bedrooms • 2 Bathrooms • Fitted Robes • Air con
Hondon Villas are thrilled to bring onto the market this superb villa situated only a short distance away from the Thermal baths.
The Villa has 3 bedrooms 2 bathrooms including the en suite to the master bedroom and fitted robes.
The lounge has a log burner. There is an open plan fully fitted kitchen with appliances and centre island.
Glazed in terrace leading to the outside where you will find a very good sized outside kitchen and attached open garage and annex which is used as a sports room but could convert to a casita and a pleasant open terrace giving plenty of shade. A private swimming pool with fixed cover over.
A double car port and barbecue and the plot is maintenance free plot.
Only by viewing can this villa be fully appreciated.
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/ )
Property Ref’ #971: Hondón Villas are delighted to list this outstanding reformed and modernised finca & casita with amazing views, stables, a sand school (paddock) and large private pool close to La Romana, inland Alicante. It is a credit to its current owners who have loving restored and made this into a beautiful home. Watch the video but we think a viewing is absolutely recommended for this fabulous gem of a house to be fully appreciated…. and only 5 minutes from the local town’s amenities.
Key Property Points: Detached Finca • Private Pool • 360 Views • Casita • Stable & Barn • Sand School • Solar power unit • Pellet Burner • Outside Kitchen • Olive Groves & Fruit Trees • Drive with Double Carport • Roof Solarium and so much more!
Property Ref’ #953: An immaculate 3 bedroom villa with office on the popular La Montanosa Urb, Hondón Valley. It is close to both main villages (Nieves and Frailes) so affords easy access to shops, bars, services, etc.
This villa is detached and has a private pool, lovely views from the garden patios and conservatory with all day sunshine. It is on one of the quieter streets of the urbanisation with little traffic or noise. Ideal for a tranquillity, working from home and privacy.
Due to its immaculate presentation, everything is established and ready to move into. Please make an enquiry to view this property.
Key Property Points: Detached Villa • Private Pool • Glazed Naya • 3 Bedrooms • 1 En Suite • 1 Shower Room • Outside office • Sun all Day • Fitted Kitchen • Various Patio/Sun Terraces • Gated Drive/ Parking • Legal • Well Maintained
The villa has a large light and airy lounge with air con and a dining area. The double doors lead into a superb glazed naya which overlooks the private garden and pool.
Archway from the lounge takes you into the hallway which leads to the remaining rooms. An open archway takes you into the separate fully fitted kitchen with units to three sides.
Master Bedroom is of generous size with fitted wardrobes and hot and cold air con unit. Door leading the en-suite bathroom with very modern sink unit low level flush w.c. paneled bath with shower over…
[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!
Property ID: HV962 Hondon de los Frailes. This outstanding, all mod-cons, homely and immaculate country villa is an easy walking/driving distance to the village plaza and its amenities. The list of features (see below) is long and well worth the asking price. Here is the video… more pictures and details for property #962 are on the main Hondon Villas website.
This villa is a credit to the present owners and we strongly recommend an early inspection to avoid disappointment as this villa will sell very quickly.
Main Feature List: Here are just a few reasons to consider this great property … contact us with your questions or to book a viewing!
A peaceful country villa surrounded by the Hondón mountains GREAT VIEWS! 3 large bedrooms + 2 bathrooms (1 is en-suite) + large private pool + large well maintained plot + various “chill-out” terraces / seating areas + modern well equipped fitted kitchen + electric gate & tiled drive + garage (workshop) parking & carport + central heating + air-con + glazed in naya + fruit trees + BBQ area + petanque court + more ….
Hondon Villas are so pleased to bring onto the market this absolutely beautiful and very well presented detached Villa which has a private pool, detached garage and is walking distance to the village.
The villa is accessed via an electric operated gate leading into the block paved and gravelled plot which offers plenty of parking and a car port, detached garage and attached storage shed there is also a good selection of trees including fruit olive and almond together with established bushes around the plot.
The villa entrance has a covered porch and main entrance door that takes you into a pleasant hallway and the doors leading of to bedroom three guest bedroom and guesta bathroom and glazed doors take you into the open plan lounge/kitchen and door to the second bedroom, master bedroom and en suite.
The bright and airy lounge is of good proportion and has air con unit and central heating radiators. window overlooks the side of the property and door leading into the large glazed naya.
A pleasant archway into the open plan kitchen with plenty of base and wall units a side window giving plenty of light and has recently installed oven hob dishwasher and fridge freezer. Filtered water system.
The glazed naya is a very good size overlooks the rear garden and offers extra living space and extra shade with its attractive percianas.
Private Swimming Pool with 6 Double Bedrooms – SOLD!
NEW PICTURES & A VIDEO!! This large fully renovated finca is situated 5km outside of La Romana and would make an excellent B&B.
PLEASE MAKE AN ENQUIRY or an APPOINTMENT TO VIEW
Key Property Points: Heated Private Swimming Pool • 6 Double Bedrooms • Outside Kitchen • Out Building • Furnished • Carport • Under Floor Heating • Feature Wood Burner • Fully Fenced Plot.
Hondon Villas are pleased to bring onto the market for sale this very large fully renovated finca that would make an excellent business opportunity. The property consists of 6 bedrooms, 2 lounges, 3 bathrooms, a dining room and a fully equipped kitchen. There is also a storage room. Externally you will find a large heated swimming pool,an outside kitchen, a workshop, various terraces and a carport
This property would make an excellent B&B
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