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Coming SoonIt’s hard to know when the property market has reached rock bottom. However, one of the strongest indications is when properties start selling again. In the Costa del Sol, a development of 75 properties sold out in just 3 months recently (January 2012). The key to this was the location and the price. These 2 bed furnished apartments were affordable with a starting price of €102,000. Many of the buyers were end users who wanted to retire to a warmer climate and take advantage of today’s low prices, benefitting from a rental income until they decide to make the move full time. Some clients were downsizing in the UK and using their surplus cash to buy a property abroad and commute to work in the UK. Working from Spain (link to separate page below In blue) With daily flights from Spain to many UK and European airports, you can commute in just a few hours to the office, spending the weekend at home in Spain. With UK traffic being what it is, some workers spend this amount of time on the road commuting between towns and cities every day. In fact, it is probably quicker and often cheaper, if booked in advance, to travel from Malaga to London than from London to Manchester. Some are going so far as to forsake the UK office entirely, perhaps only “turning up” to work for one week out of the month. According to the Future Forum report carried out by Thompson, by 2016 there will be as many as 1.5 million expat commuters into the UK. The internet, low cost phone calls and emails are encouraging companies to rethink the conventional “everything under one roof” office practice, allowing their staff greater flexibility. With a laptop, a mobile and an internet connection, a virtual office can be created wherever you are located. The mentality behind this is that staff with a better quality lifestyle at home will be more productive and happier in their work. In addition, the influence of living in a different country, language and lifestyle gives employee’s new skills and a fresh perspective to contribute. Living in Spain is sometimes described as the difference between having a black and white TV and a full colour TV and the winters are probably better than a UK summer! Costa less property endeavour to secure properties in the best locations and at the lowest prices. This is made possible by negotiating deals with developers for bulk buying which enables us to release all our stock to the open market at rock bottom prices……..getting you more for less
For enquiries please email fractional@costalessproperty.co.uk
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