Is It Hard to Find a Real Estate Agent in Spain?

Having a nice place to stay in Spain is a life-dream of every fourth person in the world. Today with open borders everyone can buy a nice house. In fact, it is much cheaper to have a house rather than spend money on various resorts in Spain. Real estate experts believe it is a good investment. The popularity of Spanish resorts, especially in Menorca, is growing.

At the same time, people willing to purchase a house or an apartment in Spain, face a problem. How to find decent Menorca estate agents? The following tips will give you a clue.

Finding a Real Pro

  • Ask for recommendations. If you have friends, who already have bought a house, ask them to recommend an agent. It will narrow down your search and save time. There is nothing better than getting feedback from people you know. It eliminates the additional risk that relates to brokerage reliability.
  • If you have to deal with it on your own, be ready to dedicate time. Do not trust buying a house of your dream to anyone. No matter where you live, give preference to local Spanish agencies. Local firms know the market better. They are also more professional in terms of documentation. The local broker knows which documents you need to collect as a foreigner to buy property.
  • Advertising and marketing are important. The agent that promotes himself has clients. It is better to give preference to the agent that has experience rather than to a “green one”.  
  • Check the online presence of the agent and his firm. We live in a modern world. That means that websites work just like business cards today. A well-designed website tells a lot about the approach to business. If the website is neglected or absent, it is a bad sign.
  • Once you have contact info of an agent, meet in person. The meeting will give you the opportunity to specify all your requirements and see whether the agent understands what you want. A puzzled look reveals lack of required experience. Make a list of questions. An experienced and honest agent will give answers to all questions. Even tricky ones.
  • Check agent’s license. In most countries, the agent receives a license or a certificate granting permission to do business. The document might have a different name. You can easily find a corresponding name of the document that a broker receives in a particular country online. Foreign clients are also recommended to check whether there are any complaints.
  • Compare agents’ commission. Experienced agents always have a higher commission. Be aware of dishonest agents that ask for a high commission but do not provide a full scope of services, including finding a notary.

An experienced agent always helps find a great house. Once you find a decent agent, be sure that you will soon get a new house.  

How to Buy an Apartment in Menorca without Problems

Apartments for sale Menorca is a dream for those who want to live comfortably away from the noise of big cities. Buying a property in Menorca means making a contribution to your present and future life.

Why Choose Menorca?

The island is attractive for its mild climate: there are no sudden changes in temperature, no cold winters, and often warm and sunny. It is a pleasure to live in Menorca in any season of the year. In summer, the sea breeze will give you a pleasant coolness on a hot day, and in the fall, in the winter and spring, you can walk along the beaches, enjoying the sea air, which has a beneficial effect on the respiratory system. Of course, in order to feel all the charm of life in Menorca, it is better not to live in a hotel, but to have a rental or own apartment.

Advantages of Apartments in Menorca?

Buying property in Menorca is a profitable investment in a stable and secure environment. Apartments for sale Menorca are quite affordable compared with other European countries. It corresponds to the highest level of comfort of life and is a good object for private investment with minimal risk. Living in a prosperous country, moreover, will allow you to enjoy high-quality local health care, will enable you to start your own business with good starting opportunities.

Quite profitable can be the acquisition of private property in Menorca for its subsequent renting, as many tourists who come to the island prefer to spend their holidays in beautiful apartments with a nice view. Those who are really looking for opportunities to expand their business or to invest in a profitable business are already taking steps in this direction.

How to Buy a Property in Menorca?

If you want to buy an apartment, but you do not know how to start, then ask a real estate agent for advice. He will assist you when choosing a private property in Menorca, as well as prevent you from dirty tricks when making a deal. He can help you to understand the rules of buying real estate, and you will find your desired apartments on one of the most beautiful islands in the world.

Of course, you can search for dwelling yourself, but we advise you to ask professionals living directly on the island. They know better the specifics and culture of business relations here and will help you to choose the best housing option in accordance with price and quality.  

How to Buy Real Estate at the Mediterranean in the Right Way

Having a real estate at the coast of the Mediterranean, it is possible to enjoy the magnificent views of the sea and of a coastal city in the sense of tranquility. Taking pleasure of breathtaking all-round views is attainable from complexes and villas on the first coastline.

Looking for a real estate at the Mediterranean coast, one may pay attention to the Menorca island which offers about 120 beaches where you will not meet a huge crowd of people, unique nature, rich history, and immaculately delicious cuisine. With villas for sale in Menorca, it is possible to enjoy all these whenever you have time to arrive in this magnificent paradise island.

If you have decided to make your dreams come true and buy a villa at the Mediterranean, it is recommended to find a reliable agency which will help with all the papers involving contracts, legalization, translation, etc.

Important issues to pay attention to:

  • Reliability of an agency: search for feedback and history on the Internet. The agency will not only look for a real estate itself but also will prepare and legalize all the documents.
  • If you plan to lease a villa, it is also necessary to take care of an agency which will provide leasing services. The lease contract shall be signed for minimum 10 years so that you can be sure that in 2 years there will be no problems.
  • Ask for a plan of the buildings near the villa you would like to purchase so that not be surprised with a loud bar in the neighborhood.
  • Considering villas for sale in Menorca, make sure that you check all the documents and contracts yourself in order to avoid possible hidden pitfalls. This purchase shall bring pleasure, not problems. So, better to be attentive at the stage of choice and documents signing.
  • Check which additional payments and taxes may be required by the local legislation as it may be different from the one of your country.

Mediterranean seaside possesses magnificent nature and fascinating local culture. However, purchase of a real estate on the coast is not only a pleasure for your soul and the perfect opportunity to have a location for vacations at any time of a year. It is also a profitable investment which can bring you money if you lease it throughout the year when you are not planning to accommodate in your villa. Pay attention to the above hints and enjoy the beauty of nature from your own villa!

Top Tips for Finding an Honest Property Market in Menorca

Real estate in Menorca is a dream for those who want to live and relax comfortably, away from the noise of cities and crowds of tourists. Menorca property market is currently experiencing a golden period: according to information provided by “Engel & Völkers” consulting company, the demand for buying houses on this Balearic Island is very high. Moreover, the market is developing in two directions: both luxury houses and more modest, typical dwellings are acquired, and Spaniards, British and French prevail among buyers. But how to find an honest realty market in this region?

Of course, it is better to purchase property in Menorca from the developer. The price of such housing may be slightly higher, but there are enough advantages when buying a new property. A big plus in obtaining the new real estate is an improved layout of the house, more spacious rooms and the use of modern materials during construction. Real estate from the developer is cheaper than other new housing. You enter into a contract directly with the company that will build your house and do not spend money on various intermediaries. Discounts from the developer may be about 30%. Having bought a new house, you do not need to make repairs in it. So you save money.

You can find your dream home by browsing Spanish sites where people put up their houses and apartments for sale. If you do not know Spanish, use a special translator on the Internet, this will greatly facilitate the process of choosing a house. You can always bargain and buy real estate in Menorca cheaper because the price depends on the location of the object. If you buy a property located 300 meters from the sea, its cost will be lower than the price of a house on the sea coast.

If you want to buy a profitable home in Menorca, pay attention to the collateral realty. This property is pledged to the bank. You can choose for yourself the apartment, house, cottage, bungalow or villa for a lower price.

Menorca property market is more moderate than on the other Spanish islands. There is no difficulty to find an honest price for a dwelling. The main thing is to follow our advice: buy housing from a developer or mortgage property from a bank, and also look for options on the Internet. Thus, you will approach the dream of having dwelling in Menorca.