Hondon Villas wear the AIPP Badge

Real Estate Code of ConductHondon Villas are the only AIPP agent who have a local daily office in the Hondon Valley. We are actually in the central plaza of Hond贸n de los Frailes ( here is the Google map ) .

We are happy to be part of and perform to the Real Estate standards of the AIPP (Assoc’ of International property Professionals). It’s a fact, no other local agent has the experience or level of service we can offer.

Thank you Len Ridgway: “We would like just like to say and let it be known that credit where credit is due! Mo (Maureen) and Saff of Hondon Villas have given us excellent service and been the most helpful and professional agents to us and we know many many other people as well. They have always gone the extra mile for us and its most appreciated. We would still and have recommended them to lots of people 馃檪 … Said it before but if you want to sell your property professionally then go with Maureen, she’s the best :-)”.

And we live here, know the people, know the facilities and have helped 100’s of people buy homes or settle here. We are “Hondon Villas” and we sell Villas in Hondon.

Our professional perseverance is paying off… we are on a roll as we have sold another 2 properties this week. Watch our on line channels (such as Facebook / Twitter / Google+) for updates.

Hondon Villas concentrate our estate services in the Hondon Valley and the surrounding villages. Everyday we deal with Hondon buyers, sellers and renters. We prefer not deal on the coast as we want to look after our special local community.

Please visit or contact our office for more Information:
Oficina Tel: 965075357

Here are some nearby towns and villages close to the Hondon Valley: Albatera, Algorfa, Algue帽a, Almorad铆, Aspe, Balones, Benej煤zar, Benferri, Benij贸far, Benissa, Callosa de Segura, Ca帽ada del Trigo, Catral, Cox, Crevillente, Dolores, Elche, Elda, Elx, Hond贸n de las Nieves, Hond贸n de los Frailes, Hondon Valley, La Romana, La Montanosa Urb Villas, Monforte del Cid, Mon贸var, Novelda, Orihuela, Pinoso, Rojales, San Isidro, Santa Pola, Sax. All of them little gems in the Hondon Valley Crown!

Who needs Agents? Find an Expat instead!

LOL! A recent story (abridged) …
Buyer: “Oh no I’d never buy a DVD player from a random bloke in the pub. Too rissssssky.”

Agent:Very wise! Oh so how did you hear about the house you want to buy here?

Buyer: “Oh the barmaid in that bar showed me it, she was very nice! She says I don’t need a to worry about black money or the paperwork.聽 And I don’t need an estate agent!”

Thought bubble!聽 So the biggest purchase of your life, 1/4 of million+ 鈧偓鈧 and you think the … well phhfff… we wish you luck with that one!

We know that a mechanic can fix a car. We聽 know the electrician will fit new lights. We know a butcher will cut a nice fillet of beef. We know the barmaid will serve ice cold drinks on hot days and the chef will cook that beef…

But a good real estate agent will sit next to you and hold your hand through the long property purchase maze, they will value, photo and video your property, negotiate the deal, sort the deposits and contracts, take you to get the right paperwork like NIEs, find me a good lawyer, open a bank account with you, know the area, the trade people,聽 help you with transport and the legal notary and always help you after the sale.

Do we also know the estate agent has lots of costs in running an office, employing staff, equipment, computers, websites, tax, insurance, advertising, networking, car / petrol, telephone bills, electric, water, heating, fixtures, fittings and so on… ?

We know the local agent will be part of the community, give to local charities, pay the rates, keep abreast of local planning and events, help the other businesses, create and distribute wealth, introduce people as friends, eat & drink in the local catering establishments and so on.

So a good estate agent is more than just sales person in our opinion. What do you think?

Buying Advice: Always Protect Your Deposit

We at Hondon Villas always use a Lawyer (abogado) to collect and receipt deposits on house purchases. We DO NOT HOLD your money in a special account or keep it if the sale goes cold.

We highly recommend to NEVER PAY AN AGENT or BUILDER an advanced DEPOSIT. Always ask for a qualified lawyer or appoint one in advance to take care of your finances.

Unfortunately, some agents in the area who insist on taking a deposit as their commission, whether the sale goes through or not. This is RISKY for the buyer and seller and in our opinion WRONG! The chances are you will never see that money again. We are AIPP registered and adhere to good practice for both buyer and seller.

It is common practice when buying a property in Spain to ask the buyer to pay a % deposit on the home they wish to buy in advance of the completion. The main reason is to show good will and for the agent to remove the property from sale whilst the paperwork is checked. So you are making聽a reservation on the property by signing an 鈥arras agreement“.

This actually helps both sides of the deal. The buyer is assured their offer has been accepted and there will be no further viewings or offers on the property and the seller has some peace of mind that the buyer has the good intention to purchase.

Bare in mind聽聽that you may lose this deposit if you don鈥檛 complete the sale on the date stated, or that the vendor shall return double the amount deposited, was he finally not to honour the contract in the stated date. But your contract should be clear on that.

A deposit can be any amount depending on the sale price and circumstances. In the Hondon Valley and surrounding areas a 鈧3000 deposit is common but can be more if the property is of a high price, a special deal or maybe an off-plan new build. The latter can be 10% of the purchase price so a a builder can commence with the work.

Of course integral to this should is trust and a signed contract spelling out the terms of the deposit, what it is for, costings and any other due fees or staged payments until completion. Make sure you understand the terms and if a deposit is refundable or not.

The lawyer will have a special holding account for these deposits and importantly is the legal guardian whilst the house sale goes through.

There are many good estate agents in Spain but the industry is more loosely regulated than in the UK and unscrupulous estate agents sometimes target overseas investors. So be careful!

Sean Adams, international director of mortgage broker SPF Private Clients, says: 聽鈥Do not hand over any money to an estate agent until you have taken formal legal advice. You should always choose a lawyer who specialises in Spanish land,鈥 he said. 鈥淎sk for their registration number and check that they are registered and practicing with the local bar association (Colegio de Abogados). It would be wise to also check that your lawyer has professional indemnity insurance.鈥

Need more advice on deposits, purchase fees and buying in Spain?
Please call Hondon Villas and we will be happy to help. Or read this article for background >

At the time of writing, Hondon Villas are the only Hondon Valley based AIPP agent with this prestigious membership and we now have the right to show the AIPP badge. Which of course we do with pride.

Driving in Spain … Keep up-to-date!

Here on the Costa Blanca South the roads are generally very good and relatively jam free. As for the driving and parking here, well, that’s a common topic of (heated) debate, even if the debaters are bad drivers. There certainly are some eye-opening moments, especially at major roundabouts and junctions.

Guardia Trafico. Driving in Spain

Spain, especially on the Costas, have a myriad of foreign drivers and tourists who with the best will in the world will not know how to drive properly in Spain or understand the local laws or road system. It can be said that sometimes even the Spanish drivers ignore or don’t know the rules! So the roads here can be a dangerous place or at least one fraught with problems and possible on-the-spot fines if you slip-up.

Of course. if you are from the UK you will have the added complication of driving on the right and if you hire or buy a Spanish plated car then you’ll also need to get used to the left-hand drive controls.

Know the Spanish Driving Rules & Legal Expectations

The laws, rules of the road and general driving etiquette might be foreign to you too. So, of course you’ll want to be prepared and up-to-date in terms of your vehicle road worthiness (MOT/ITV), importation of foreign cars, driving license requirements, speed restrictions, drink-driving, what to carry in your car and all the related laws. Note: Poor language skills, confusion or ignorance are rarely a defence if you are stopped by the police (Trafico).

To make matters worse the rules and laws change quite frequently here and the “bar-room Johnnies” and social media chit-chat will give you conflicting advice.

Thankfully there is lots of help points on-line for guidance and you can always go to your local Trafico Station for advice (take an interpretor just in case). And it’s BEST DONE as soon as possible.

On-line Help / Guides to Driving in Spain

  • DGT (Direccon de Gereral Trafico) : This is the official government site (in Spanish) on all things driving and laws. You can get up-to-date info’ on laws, traffic flow and speed cameras for your route.
  • N332 Road Website : The N332 is main coast road here on the Costa Blanca. The N332 has it’s own English language website with up-to-date road news, traffic forecasts and help. They also have a discussion page on Facebook if you need to ask a question.
  • RAC (UK): You can check the RAC’s website for helpful information on driving in Spain such as insurance, age groups, speed limits and important driving etiquette.
  • AutoExpress: A general help and support site for drivers with a handy check list when coming to Spain
  • Anglo Info: An expat help site that covers many things “living in Spain” as well as a large driving section.
  • Citizens Advice Bureau ES : Just like the same organisation in the UK this can help with and covers many topics, including driving in Spain. Their Facebook page acts as a bulletin board and a Q&A for members. You should join.

Get expert Legal Advice when buying or selling your property

Real Estate Code of ConductAs an AIPP registered agent, Hondon Villas would not be doing our job correctly if we didn’t advise our clients to seek proper legal advice when buying or selling a property in the Hondon Valley areas.

We have experienced many people “going it alone”,聽 doing a “black money” deal or bypassing some of the legal paths to save money but WITH DRASTIC and COSTLY RESULTS,聽including one deal with counterfeit cash (person got caught when trying to put a large sum into a Spanish bank !!)… another where a house purchased verbally as “fully furnished” found there was no furniture at all when they got the keys to open their new home!

These and many other problems of variable severity can be avoided with proper checks and contracts. So we think it is vital to seek independent professional legal advice for a property sale/purchase in Spain to avoid making costly mistakes. Your lawyer should undertake all the necessary due diligence / paper work on the purchase and, if granted power of attorney, will be able to act on your behalf and save you having to make numerous trips to Spain to open a bank account, obtain an NIE number and other necessary procedures.

If you don’t already have a Lawyer, ask others for recommendations as not all offer the same service or fees. At Hondon Villas we do use several Lawyers in the general area, preferring not to have all our eggs in one basket and to reduce dependency or allegiance to just one company.

If we feel a Lawyer (or collaborating agent for that matter) is not acting in the interests of the clients, simply we ditch them! (and we have).

Spanish Property Prices Index

+++ PROPERTY MARKET DATA ALICANTE REGION +++

AUGUST 2016: We use various property market indicators as a guide to the current status of Spanish Real Estate. Here are some interesting stat’s based on real Notary data since 2007.

The property price index for the Alicante region is up by 5.1 over last year with a 25% increase in sales. [ Hond贸n Villas have many reduced priced properties here聽禄 ]

You can see that houses prices in 2016 are about 69% average of what they were in 2007.
CLICK TO ENLARGE: You can see that houses prices in 2016 are about 69% average of what they were in 2007.

The average price of a 3 bed property in this wider Alicante region is 鈧136K with Murcia being cheaper at 鈧109K.

Foreign buyers of Spanish property are still on the increase (albeit a lot slower than the boom years).

Mortgage lending on house sales is up by 19% in the area but rentals are down by nearly 7%. The population is roughly the same so no mass migration from Spain as yet.

And sadly unemployment is still a problem for Spain and the Alicante region but down by nearly 3% (although we are in the main tourist season).
Overall Spain has seen prices increases across all its regions from just 1.6% up to about 9% in the Madrid area. Overall Valencia has seen a 5.1% increase in house prices, where as Murcia 2.9%.

You can see that houses prices in 2016 are about 69% average of what they were in 2007.聽 [Source: Kyero Data, Notaries]

Related Links:

Albatera property for Sale
Hondon Valley Homes for Sale
Hondon Vallei Onroerend Goed te Koop
Long Tern Rentals in Hond贸n

Healthcare Coverage in Spain

Spanish AmbulanceSource: internations.org| Every resident of Spain has a right to healthcare. The Spanish healthcare system is a non-contributory system paid for by tax revenues. Each autonomous community has its own budget.

If you are a non-EU national living in Spain, you are entitled to healthcare only if you are a legal resident and currently paying for social security. This means that you must either work in Spain or be self-employed there.

Citizens of EU member states who are living in Spain will automatically have access to health coverage in Spain once they become legal Spanish residents.

Sample EHIC CardFor shorter stays, EU citizens should get a European Health Insurance Card (EHIC) from their healthcare provider back home. The EHIC will get you access to state-provided healthcare at the same cost, or sometimes even at a reduced rate, as those insured in Spain.

For those who are not eligible for state healthcare provisions, both in Spain and back home, there鈥檚 the Convenio Especial healthcare scheme. This is perfect for foreigners in Spain who have stopped working but whose pensions have yet to kick in.聽 To be eligible for this scheme, you need to have lived in Spain continuously for at least twelve months, and not be eligible for state healthcare coverage. Keep in mind that a monthly contribution of 60 EUR is demanded of those under the age of 65, and 157 EUR for those above 65 years of age. You will be covered for the services included in the basic national healthcare package, but be aware that this does not include prescriptions.

Private Healthcare 鈥 Jumping the Queue

The Spanish healthcare system is very up-to-date, and doctors are caught up on the latest medical innovations. Due to the fact that medical care is state-run, though, hospitals are often overcrowded, resulting in long waiting periods. Spaniards sometimes choose the more expensive option of taking out private health insurance. One of the most popular private insurance providers is Sanitas, whose website also helps you locate the specialists they cover.

Dentists are private doctors in Spain and, arguably as a result of this, dental care is very good. As quality comes at a price, however, they are usually not covered by your health insurance. Unlike in some other countries, you are unable to buy medication anywhere other than at the pharmacy. Farmac铆as can be found on almost every street corner, clearly marked by signs in the shape of green crosses.

We do our best to keep this article up to date. However, we cannot guarantee that the information provided is always current or complete.

10 FAQs about Spanish Energy Certificates

bnr-hondon-property-epcThe 10 most frequent questions about energy certificates for homes:
As from January 2013 all homes that are sold or rented in Spain will have to have an energy efficiency certificate. This is a European initiative which will affect millions of homeowners, and comprises a report on the home麓s energy efficiency. The architect H茅ctor Mach铆n describes how the certificate will work and explains, for example, that it will not be possible to sell or rent a property unless it has a certificate, which should be paid for by the owner.

禄 2013 Source: Spanish Solicitors These are the 10 most frequent questions about energy efficiency certificates for existing homes:

1. Has the royal decree regulating the energy efficiency certificates been approved?
Not yet, but it should be approved shortly as it will come into force on 1 January, 2013.

2. Who can issue an energy efficiency certificate?
According to the royal decree “energy efficiency certificates should be issued by qualified professional technicians who are au thorised to undertake building projects and thermal installations for buildings. The property owner may choose the technician of their choice “.

3. What is an energy certificate?
It is a report that describes how efficient a home is in terms of energy consumption. It assigns an energy rating to each home on a scale which ranges from “A” (the best) to “G” (the worst).

4. Will I be able to sell a home which does not have an energy certificate after 1/01/2013?
No you won麓t. You will have to have a certificate before selling your home.

5. Who will have to pay for the energy certificate?
The owner of the property to be sold or rented.

6. How long is the energy certificate valid for?
The certificate is valid for 10 years. This means owners will not have to obtain a new certificate during this period unless they renovate or change the property in any way.

7. If I want to sell my home and it has a poor energy rating, such as D, E or F, am I obliged to make any improvements?
No, you are not obliged to make any improvements even if your property has a low rating.

8. Will a low rating affect the sale of my home? Can I sell it without any problems?
You are free to sell your home. The only way it will affect a sale is how the rating influences the buyer.

9. How much will the technician who issues the energy certificate charge?
As yet there is no established rate, which will be set by the local market. As a rough guide, the rate in other European Union countries is about ?250 + VAT for a 100 m2 home.

10. Will the technician need to visit the property (generally homes)?
Yes. They have to visit the property to take measurements and collect information about the property before drawing up and certifying the report.

It is IMPORTANT to always check the CURRENT rules. Call or email Hondon Villas for advice on聽Spanish Energy Certificates today.

Don’t get Ripped-off in Hondon

We know Estate Agents and Builders don’t in general have a great reputation in Spain and with good reason during those boom years!

Maureen, owner and manager of HondonVillasUnfortunately, there are signs it still happens, even in this quaint old valley. That saddens us greatly at Hondon Villas because it is a too wide a brush stroke that hurts the ones trying to work damn hard to ensure buyers and sellers get a good deal with the minimum of fuss and hassle.

We know of a few “outside” agents visiting Hondon Valley with their clients who might follow that old shady path – in the UK we would call it a “rip-off” (and we have many instances of concrete and anecdotal evidence). These shady characters can be hard to spot if you are inexperienced and you put your trust in every word they utter. Don’t be mugged by double glazing sales tactics!

Or best advice is to be a little wary, slow down, don’t be rushed into anything, or give away your money quickly or sign something you don’t understand… but better still CALL Hondon Villas – we are local, experienced and trusted here. “Rip-off” is NOT something we entertain and condone.

So if you are uncomfortable with the actions, language, pressure sales or promises from other estate agents… just call us – WE WILL HELP YOU 100% – we want to be the model of quality service that other agents envy!

At Hondon Villas we firmly believe the cream rises to the top. The shady ones will curdle it for you and that bad taste may cost you more than you bargained for now and in years to come.

Thank you, from the Hondon Villas Team in the beautiful and peaceful Hondon Valley, Costa Blanca South.

Realistic Prices on Hondon Homes

Thumbnail for 459As much as it hurts, in the current market, sellers still have to be realistic about the price they want for their property in Spain. Many people have too great an expectation of their property value. In general houses for sale in the Hondon area have sold for well below their original sale price if they were bought in the boom/pre-2008 (the crash).

Whilst Hondon Property Sales are definitely on the up, figures such as 40% below pre-crash values are now common. Not great news if you are selling! It’s a buyer’s market right now. And supply is larger than demand in many areas of the Costas, pushing prices down even further. But most expert reports think this has trend has now bottomed and a slow recovery is now happening.

The property portal Kyero keeps tabs on many of the official property indicators and housing data on their blog. They have just reported the news that house prices on the whole are fairly stable now. Read their page as often they do contradict but it might help you when valuing your own house. And do comparisons with similar property in your area. Remember, though that these reports usually talk in averages. The hard truth though is that the property market usually dictates the average exchange so what we want for a house is not always what we get.

So, please, do your property research or call / visit us for a free no-obligation valuation and an experienced chat. We are Hondon Villas in Frailes, the most experienced agents in the area. AIPP accredited and extremely helpful.
: TEL 965 075 357 property @ hondonvillas.net

> SEE HERE> KYERO “Spanish House Prices Have Fallen by 41.4% Since 2007” ARTICLE