Spanish Real Estate – Brexit Buy or Sell?

Brexit … groan! As important as this historic event was and is likely to be in the next few years we are tired of hearing about it? But we cannot ignore it.

But or Sell in the Hondon Valley post Brexit

Well…. despite some jittery nerves after the UK Brexit vote in 2016, thankfully Brexit does not (as yet at least) seemed to have had a negative outcome on Brits buying property in Spain.

Without doubt Hondon Villas have had an incredible start to 2018 as in 2017 so we can say for now that people are buying here in Hondon despite Brexit. The charm  and value property of the Hondon Valley does still seem to inspire our prospects to want to live or holiday here.

We know from many studies and stats that the British are still by far the biggest group of foreign buyers of Spanish property, almost double the next biggest group – the French. Great news for the Real Estate sector and indeed for Spanish home sellers and the Spanish Government who rely on us for a massive part of the national income. Whilst it is nowhere near the heady heights of the pre-crash boom, things still look rosy in Spanish Real Estate.

We also know that many buyers who had designs to move to Spain are bringing forward their new life in fear of Brexit making it harder later.

“We decided to make our move sooner rather than later, as it may not be so easy in the future after Brexit,” says Natalie, 47, a primary-school teacher.”

Of course There are many factors on when or why people want to invest abroad… not just Brexit. For example there is a strong correlation between British demand for Spanish property and the strength of the pound against the Euro.   TIP: So Brits selling to return to the UK might want to do their sums as often the Euro to Sterling exchange rate can make up ground on any sales loss, especially if you bought in the boom years when GBP was 1.45+ €s.

But 100% it’s still a buyer’s market as supply by far outweighs demand. So sellers will likely not get the asking price they want as typically all buyers will make a reduced offer. Certainly in Hondon just about every house sold in recent years does not achieve the price the vendor thinks they can get. Many sellers with prices too high have had to wait years to sell and then only to reduce the price anyway.

Idealista have published that on average, buyers of Spanish Property offer 20.9% less than the vendor wants.

» Our reduced price Hondon Villas can be seen on this page

Hondon Valley Property AgentWe believe in general that this is to be expected and we ALWAYS advise sellers to keep their guide price as realistic as possible or you could be waiting a long time! Too many people proclaim “I’m not giving it away” but more often than not they have to accept it in the end.

So as a seller you should be prepared to negotiate and lower your guide price. The simple fact is that the Spanish Real Estate market has been depressed for nearly 10 years but it is definitely looking better, albeit slowly slowly.

Speak to Maureen or Jacquie for advise if you are unsure on what to ell your Hondon property for. 

 

Thanks to Mark Stücklin (Spanish Property Insight) for helping with this article.

Hondon Property is on UK TV

Nigel and Jane, from The Wirral (UK) have recently relocated to this beautiful area of Spain, the Hondon Valley to start a new life in the sun.

Nigel and Jane, Barbarroja

They bought their 5 bedroom B&B villa in Barbarroja through Hondon Villas in 2017 as a new challenge and change of life style.

The refurbishment of the property is to a high standard and now “La Casa Blanca” is open for business. It’s beautiful, welcoming and set in a wonderful location with views extraordinaire!

You can watch their “moving” story on the Channel 4 series “A New Life In The Sun”. Nigel and Jane are featured in Episode 11 on Monday 26th Feb’ 2018 at 4pm (or repeats). Or you might be able see them on All4 Catch-up.

Website > https://www.bedandbreakfastlacasablanca.com/
TV > http://www.channel4.com/programmes/a-new-life-in-the-sun

Design Award in Architecture in Hondon

A designer villa for sale, in the Hondón de las Nieves campo.

» Full details of Hondon Villa #680

As you drive along the main Hondon Valley road (CV845 )  you will see , not too far from the La Montanosa Urb. towards the mountain backdrop is a unique style detached villa with a  “canopy” style roof.

This villa has 360 degree mountain views and is built over 3 levels.

Key Property Points:   Kitchen • Lounge • 3 Bedrooms • Bathroom • Sun Terrace • 360 degree views • Garage • Workshop • Solar Energy • Double Glazing • Easy drive to village amenities •  for tranquil lifestyle and nature lovers •  ripe for further development.

Hondón Villas are delighted to bring onto the market for sale this unique designed detached villa which won a Design Award in Architecture 2014. The villa is sat in a quiet location surrounded by 360 degree mountain views. The villa is only 5 minutes drive to both the local villages of Hondón de los Frailes and Hondón de las Nieves.

Google Maps view of Hondon Property #680

The villa is set upon 3 levels, the ground floor has a garage and a workshop. And has extras such as hot/cold tubing embedded in the floor as an initial energy recovering for heating.

The first floor comprises of a fitted kitchen, lounge, 3 bedrooms and a bathroom. There is a terrace and room where the swimming pool will be installed. Upstairs on the top floor is a leisure area with a terrace which is south facing.

A very modern build and must be viewed to be fully appreciated.

#252 Hondon de las Nieves 5 Bedroom Villa

Luxury, amazing and stunning villa design with 5 bedrooms and 4 bathrooms, 10,000 Sq Mtr plot in the heart of the Hondon Valley. Great value having recently been reduced in price to sell.

» Full Details and Latest Guide Price Here

For sale 5 bedroom villa in Hondon de las Nieves

Video by Vendor Landgoed Straatman.

Key Property Points

2 storey detached villa • Private pool can be installed • High quality construction and fittings • 4 en suite bedrooms with fitted wardrobes • Library/bedroom • Cloakroom • 2 spacious kitchens • ‘L’ shaped lounge with dining area • Separate cave house • Wooden chalet •
IDEAL FOR COMMERCIAL USE such as a Bed & Breakfast Hotel •

» Full Details and Latest Guide Price Here

Spain… Culture and Profile

Visit SpainSpain, part of Europe, is south of France and Portugal but north of Africa. It nestles between the the great Atlantic ocean and the Mediterranean Sea. The latter being a major magnet for it’s key tourism industry. Spain consists of most of the mainland Iberian peninsula, the Balearic Islands, the Canary Islands and two North African enclaves. The capital of Spain is Madrid (central Spain). The population is around 46 million people.

History

Spain has a long and very diverse history and culture. It is made up of a rich mix of diverse elements, climates and terrain from north to south.

Known for their historic exploration, seafaring and conquest, the Spanish became a world power in the 16th century, and it maintained a vast overseas empire until the early 19th century.  However, Spain’s more recent history is marked by the bitterly fought Spanish Civil War of 1936-39, and the ensuing 36-year dictatorship of General Francisco Franco. Franco died in 1975, which enabled Spain to transition into a democratic state, built a successful economy and the King Juan Carlos as head of state.

Grape Bagging in HondonGeography and Regions

Spain’s provincial picture is a complex and evolving one. The country is divided into 17 regions which all have their own directly elected authorities and varying levels of autonomy and powers.  If you travel across Spain you’ll hear different dialects. The constitution of 1978 enshrines respect for this linguistic and cultural diversity.  For example, Catalonia, the Basque Country and Galicia have a special status with their own language and other rights.

The Hondon Valley and nearby Albatera are inland of the Alicante region of the Comunidad Valenciana, a vast coastal and inland area, boasting the Costa Blanca South and North. It is a one of the most popular regions for Spanish Tourism and property development boom.

“The weather is sublime, the Spanish are so welcoming and kind, the mountains are stunning and we have fab restaurants and a wonderful community of Brits, Dutch and other nationalities. There are so many social activities too. The coast is never far away. We feel very fortunate to have found this place to live”.  says Janni (Hondon Valley)

Healthy Meditterraen DietRenowned for the “Mediterranean Diet” the Spanish love their fish, olive oil, tapas and fresh produce. The medical journal, Lancet, according to a European League Table  over a 20 year period, Spain is the healthiest place to live in Europe.

Spain’s Economy

Mariano Rajoy is the current (2018) Prime Minister of Spain. He is head of the conservative Popular Party and took office in late 2011. Pre-crash (2008-9) the Spanish economy was of the most powerful in the EU. But their key industries of tourism and real estate development were hit hard by the economic crash causing a severe recession and by the spring of 2013 unemployment had risen to a peak of 27%. Many Expats returned home after losing their jobs or business. Many lost €10,000s on property investments.

Austerity measures were needed and imposed by the government in an effort to reduce the level of public debt. Hard times ahead indeed, but by 2013 these measures started to reap the benefit with more jobs, tourists returning and construction starting again.

Tourism

Tourism is the 3rd major contributor to the national economy.  Ever since the 1960s and 1970s, the country has been a popular destination for summer holidays. The main Costas along the Med’ Sea saw unprecedented and rapid property, golf courses and hotel development. 2017 was another record year for Tourism in Spain and the projections are that 2018 will be even bigger.

We live here so we know the reasons people come to Spain year-after-year, often tempting people the buy a property for emigration or a holiday home. The Hondon Valley is very popular with Expat Brits, Dutch and Belgiques who have made homes in the campo and the upmarket Urb La Montanosa, near Hondon de las Nieves.

Spanish Arts & Sport

Spain has has a long and proud past of traditions in art, music, crafts and cinema…. e.g Painters such as Velazquez in the seventeenth century, through Goya straddling the eighteenth and nineteenth, to Picasso in the twentieth.

Fiestas Correfocs 2016. Hondon de las Nieves

Flamenco music and dance are widely admired around the world and can still be heard in many bars and theatres. While Cervantes’ novel Don Quixote is one of the most popular ever written.

Cinema is much loved and the films of directors such as Pedro Almodovar attract huge audiences.

And of course Spain has one of the best and most fanatical football leagues in Europe.

Fiestas and Holidays

Spain is renowned for it’s colourful and lively festivals all-year-round. But summer is the best time to see and enjoy what the Spaniards do best … PARTY!!  A large number of festivals (or fiestas) are held in Spain and the Costa Blanca plays a leading role. Most festivals have a religious element to them, particularly around Easter time, but they are also held regularly throughout the year. Each town and village adds its own distinctive flavour to the celebrations, but common themes of life, colour, culture, music and dance will never be far away.

Welcome to Spain … it’s what you make it so enjoy it’s diverse offerings. We do, we love it!

Hondon Valley Entertainment

» Real Estate / Makelaar for the Hondon Valley

Trained, trusted and appreciated!

Maureen, owner and manager of HondonVillasMaureen, the owner and hands-on manager of Hondon Villas in Frailes, has over 30 years experience in property. The last ten years of which have been on the Costa Blanca, Spain. The rest of her extensive career was served in the UK under the biggest companies in Real Estate (Halifax, Your Move, Birstow Eves, etc). During that time she also ran her own thriving agent “Catlows” in South Leeds UK for 6 years.

Maureen is corporate trained, financially accredited, a mortgage broker and has an award winning sales record that many head-hunters have fought over. Before starting Hondon Villas, she was top female property sales-person for Med Sea Plc, a top Inspection Tours and Realty Company operating in Spain and the UK.

No other agent here in the Hondon Valley area has the same pedigree.

Click to enlarge AIPP Profile

She is the FIRST AIPP REGISTERED AGENT with an real office in the Hondon Area.

People love dealing with Maureen for her calm professional but honest approach to house hunting. She never pressures anyone to buy or sell EVER! As such, she has testimonials by the bucket load and is known to go the extra mile for her clients.

She has been called “the fourth emergency service” and her service is “Rolls Royce”… See the testimonials page.

If you want to buy or sell property in the Hondon area, Hondon Villas should be your first port of call. Here are just a few testimonials…

Hondon Villas are very helpful, professional and always go the extra mile for you. I totally recommend this company. They found us our perfect home and we can’t wait to be living our dream in Hondon de las Nieves” – Len and Anita

“Hi Mo,we wanted to thank you for the time and effort you put into finding us a villa to rent. I know that we had a number of specific requirements, things that are normally quite difficult to find in the rental sector but you succeeded. Not only did you find us a villa you also, through your many contacts, managed to organise a company to move us at very short notice. All this in the middle of your own house and office moves, so thank you very much. ” : Ian and Nerys

#310 Country Villa in Frailes, Hondón Valley

FOR SALE: A detached 3 bedroom, 2 bathroom villa close to the Spanish rural village of Hondón de los Frailes (Costa Blanca South, Spain).

» Click to to Guide Price and Details of this Hondon Villa

Key Property Points

Detached Villa • 3 bedrooms • 2 bathrooms (1 en-suite) • Cloakroom • Large Swimming Pool • BBQ area • 360 Panoramic Views • Rural Location • Close to Village Amenities • Garage • Workshop • Landscape Gardens

VIDEO

WEBSITES & SOCIAL MEDIA:
UK Site: http://www.hondonvillas.net
NL/BE: http://www.hondonvillas.nl
Facebook: https://www.facebook.com/hondonvillas/
Twitter: https://twitter.com/hondonagent
Blog: http://www.villasinhondon.net/

We’re on Right Move Overseas!

Did you know: 5 times as many people look for property in Spain than in Portugal according to Right Move Overseas.

And right now the Brits are top of the list to invest in Spain over other nationalities. On average, Rightmove Overseas receives 183,000 unique visitors a week and generates over 5,000,000 overseas property searches a month for advertisers.

That’s why Hondon Villas, the #1 in Hondon Valley, are part of the Rightmove Network who are the UK’s #1 property website. Their portal site has 10,000’s of properties for sale in over 80 countries from agents, developers and owners.

marketing on Portals and Sites

For you we spread our net far and wide. So be assured that if you list your site with Hondon Villas we are part of all the major portals for Spanish Property. As well as Right Move, we use Zoopla, Prime Location, Kyero, Think Spain, Green Acres, CoastRider, Immo Spanje, Vast Goed RoundTown News, TIM and many more. These sites stretch across Europe in many different languages.

Partners in Marketing Property