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.
The Balearic islands are a famous tourist destination, and many people like spending their vacation there, because the archipelago boasts beautiful views, clear blue waters of the sea, and also pretty warm and mild climate. There are several islands there, so everyone can choose a place to their own liking to spend a week or two, enjoying their rest.
However, spending a vacation is one thing, while actually living on one of the islands is another thing. So, in case you are just looking for property for sale Menorca isle, perhaps you should consider the following pros and cons of living there.
Pros of Living in Menorca
Life on one of the isles in the middle of Mediterranean Sea seems a paradize. Here are the main pros of it:
almost always warm weather. Even in winter, the temperature does not drop very low here. The location is perfect for people who cannot bear cold snowy winters, and at the same time, it is not so hot due to winds;
always fresh salty sea air which is very useful for health;
nature is beautiful, you can enjoy breathtaking landscapes;
the sea is clean and warm. There are so many tourists because it is always a pleasure to enjoy swimming here;
beaches here are considered some of the cleanest and most well-looked for in this part of the world. You can find both sandy and stone beaches;
architecture is beautiful and the culture is very rich;
the local diet is mostly fish, vegetables and fruits; it is believed that the Mediterranean diet is one of the most natural and useful for health in the world. Most fruits are local, and only fresh locally delivered fish is served;
since this is a tourist destination, the local authorities invest in services and infrastructure. Both locals and visitors enjoy good roads, clean streets, etc.
Living in Menorca is a dream come true for some, especially for those people who are tired of grey boring cities where one has to commute back and forth in public transport every single day. However, not everything is so perfect.
Cons of Living in Menorca
It is hard to believe that living in such a beautiful place can have any disadvantages. However, there are some:
if the weather is too hot, many people find it almost unbearable. Also, due to winds, such sun activity can lead to sunburns;
there is a risk of storms on any of the isles of the archipelago. The Mediterranean Sea is considered a calm one, so you must not be afraid of a tsunami, but still, the risk is present;
In the season of storms, there are complications with transportation and also the delivery of good and services. People cannot fly home or cannot get home on the islands. It is hard to deliver imported products, so locals must be ready for that;
Blackouts are also not that rare in the season of storms. Of course, local authorities manage the problem quickly, but the issue is there;
For most locals, tourists are the main source of income, and at the same time the source of irritation. Tourists are everywhere, in the streets, on the beaches, crowds of tourists and you cannot enjoy some solitude. Also, some of them cannot keep the space around them clean.
So, here are the main pros and cons. If you want to buy a house there, now you are ready for everything.
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.