It's Too Expensive Here!

[fifs2]

Thanks for all the GREAT posts guys. I just sold two of my properties in Buenos Aires. I'm probably going to sell another so I want to put that money to work in another country as I enjoy real estate. I was thinking Southern Spain or maybe Mexico. I think there are some good arbitrage opportunities with the Mexican peso being so low. I looked at some properties in Guadalajara and they are in pesos so I think once Mexico has a recovery, there is some good $$$ to be made there.

Steve, funny you mention Frigiliana. Beautiful "white" city with tons of white buildings and some great views. Actually another friend lives there in that city. He pays really cheap rent there! I was amazed when I visited last year. Yes, the climbing the steps would be too much for me but if I had a car I could do it. Or maybe just a moped. Thanks for posting these links to real estate in Spain. I'm going to seriously take a look. The only thing is since the country has so many economic problems it seems like you can't charge too much for rent but I have some friends that may live abroad in Spain for a few years so it could work out nicely.

Does anyone on this forum own any real estate in Spain? (Sorry to go a bit off topic on this thread).

We own our property in Jerez de la Frontera - rental per week in high season (Semana Santa - end August) is approx. 1800 to 2500 euros per week for a well appointed 3+ bedroom property plus pool. Most rentals are to UK, Swedish and other EU countries. Our friends in San Lucar de Barrameda and Chiclana also rent out for higher prices per week as they are coastal and very popular with N Spanish tourists. The prettiest pueblos blancos also have a good rental market - can´t believe the top list that Steve posted didn´t include Medina Sidonia where our friends have a 3 acre finca with stunning views. If we didn´t have very active kids who need a garden and a pool I´d be living here...https://www.kyero.com/en/property/4094061-town-house-for-sale-medina-sidonia

 

[earlyretirement]

Wow, I'm really amazed at the prices of some of these places. Seems like a good deal. I just saw this one - http://www.tucasa.com/compra-venta/pisos-y-apartamentos/malaga/marbella-municipio/elviria/?i=&id=20988445



Seems like a pretty good area and the place looks beautiful. I sold an 80 sq. meter 2 bedroom apartment in Buenos Aires for more than the cost of this place. I would just have to investigate what the rental market is like.

fifs2. Yes, I'd probably want to try to rent it out to foreigners via vacation rental. But I'd also have to see the restrictions in the properties. But looks like it's time to take a trip to Spain to look at some real estate.

 

[jeff1234]

I was only there for an off season vacation but my impression was that the area is comfortable to live in.

I think that investments in Spain are a big bet on the E.U. If it declines and cannot support Spain and the borders close, investments in Spain would decline. Perhaps the current prices already have taken this into consideration.

 

[fifs2]

Wow, I'm really amazed at the prices of some of these places. Seems like a good deal. I just saw this one - http://www.tucasa.co...?i=&id=20988445



Seems like a pretty good area and the place looks beautiful. I sold an 80 sq. meter 2 bedroom apartment in Buenos Aires for more than the cost of this place. I would just have to investigate what the rental market is like.

fifs2. Yes, I'd probably want to try to rent it out to foreigners via vacation rental. But I'd also have to see the restrictions in the properties. But looks like it's time to take a trip to Spain to look at some real estate.

Well I´d be delighted to meet up with anyone popping by. AS I mentioned before i live in a mere village of 250k people and I need to go to Seville for a broader cultural reach like theatre but I am thoroughly involved in the local culture and have a very large group of mostly Spanish friends. My youngest even marches as a penitent in the Semana Santa festival and we´re protestant. If that isn´t integration I don´t know what is.

 

[steveinbsas]

If we didn´t have very active kids who need a garden and a pool I´d be living here...https://www.kyero.com/en/property/4094061-town-house-for-sale-medina-sidonia

Great link!

At $103,000, this townhouse is priced $3000 euros more than the house in the link.

https://www.kyero.co...-medina-sidonia

The view in photo #2 is stunning!

And it's within walking distance of the town center...

 

[fifs2]

Great link!

At $103,000, this townhouse is priced $3000 euros more than the house in the link.

https://www.kyero.co...-medina-sidonia

The view in photo #2 is stunning!

And it's within walking distance of the town center...

Steve, how time changes everything. Here we are united in a love of property and me having made an almost Democrat to Republican volte face who thinks the nation needs more armed not less. Mea culpa, mea maxima culpa for the times well past of petty argument.

 

[steveinbsas]

Steve, how time changes everything. Here we are united in a love of property and me having made an almost Democrat to Republican volte face who thinks the nation needs more armed not less. Mea culpa, mea maxima culpa for the times well past of petty argument.

Fifs2: No hay de que!

 

[steveinbsas]

Medina Sidona

By Veronique Debord - Flickr (http://www.flickr.co...bord/200838583/), CC BY-SA 2.0, https://commons.wiki...p?curid=3961997

 

[fifs2]

Medina Sidona

By Veronique Debord - Flickr (http://www.flickr.co...bord/200838583/), CC BY-SA 2.0, https://commons.wiki...p?curid=3961997

Heading there tomorrow to pick up a child´s friend for a sleepover and enjoy lunch with those fabulous views. One special time of year is July/August with Noches Blancas when the local spots (2 Museums,Church and Castle) are open free to the public 9pm to 2am. It´s just one of those very local celebrations that has such tremendous feeling and unites the whole town. http://www.cadizdiferente.com/noches-blancas-medina-sidonia-2016/

 

[Girino]

Looks like pretty dead to me. Apart from Netflix and Internet, what is there to do over there?