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Old 26-03-2008, 10:06 PM
rowlandsbb rowlandsbb is offline
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Join Date: Feb 2007
Posts: 135
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Getting a reasonable return from letting your home in Spain on Polaris World or other locations requires quite a lot of work
Rentals will not just come to you....you have to go out and find them
I have rented many times in Spain and more often than not the owners has not throught about what their customers want!!
On Polaris World, if you buy the right property, and then set it up for rent and market the product you will do OK
A good opportunity is Condado de Alhama which will have 3 top golf courses, great facilities and also close to some good beaches
Here done right you have a market for golfers, families, walkers but clearly you will not get the full benefit until the facilities are there
But a first floor 2 bed maisonette with solarium at 119.800 € or a golf suite from 89.000 € will medium to long term be a good investment and produce a good income stream
On all new developments even if you market your product properly there will be a delay before the income stream gets going.....but that is the property business
Well worth a look !!
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Brian Rowlands BSc FRICS
Chartered Surveyor & Overseas Property Agent
www.bbspanishproperties.co.uk
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