Buying Golf Property in Spain

Buying Golf Property in Spain

November 1st, 2013
Golfing Properties

Many people in Northern Europe dream of moving to Spain for the sunny warm climate. See more about that in this article. For anyone who plays golf there can be few things more depressing than trying to play golf during the winter months, when snow and freezing rain batter the fairways. In fact the lure of golf in a better climate is one of the main reasons thousands of people move to Spain every year, but the dream of moving abroad to an apartment or villa near a golf course, can often turn into a nightmare. Golf professional and Spanish property expert Jeff Hall offers some basic advice on his website and in this article about buying a golf property in Spain.

Resist Buying Property in Spain on a Viewing Trip
With rain hammering down outside and the forecast in Spain showing sunny and twenty degrees, it is easy to understand why people take advantage of cut-price viewing trips offered by property companies. Whilst this is a great way to explore an area, be prepared to face a fairly tough sales pitch, and whatever you do, don’t buy on the first trip. Make a pledge to your travelling partner that the credit card stays in the wallet and no matter how appealing a deal seems, get back home and carefully consider what you are getting into. There will be hundreds of properties just as attractive, so take your time.

Hidden Costs of Buying Villas or Apartments in Spain
There are many hidden costs to buying a property in Spain; from a potential ten percent tax on the property, which is often not included in the price, to costly legal and banking fees. Buying a new-build property in Spain often involves several hefty payments, the last on completion. If the transfer is from a bank in England to one in Spain, the incoming bank can charge huge landing fees. But these can be easily avoided by transferring the money through a company that is used to dealing with international transfers, such as Moneycorp. Whichever agent you buy through, insists Hall, make sure they will not desert you after signing the deal. The best companies guide the purchaser through the legal complexities of the Spanish system, from first viewing to moving in.

Golf Course Membership and Green Fees
The membership fees of golf courses can often be expensive and a prospective buyer of an apartment or villa must not automatically assume that as an owner on a golf complex, membership will be cheap. Make sure that a good deal on membership is included when buying the property, or at least be aware of the potential costs. There are many people who move to Spain for golf, but in the end struggle with the expense.

Investigate The Area on The Internet
The problems and benefits of nearly every town or golf complex in Spain, is discussed on the Internet, on forums set up by ex-pats. It is particularly important to read the posts about an area, if a wife or partner does not play golf. Prospective buyers can get a feel for the general happiness and sociability of an area from the posts, and can also ask questions about buying problems. A good agent will not fear guiding a prospective buyer to talk to residents of a complex.

Research Buying in Spain
The main advice from Jeff Hall about buying a golf property in Spain is to take your time. Don’t jump in to the first deal you find and use the internet to back up what your agent tells you; a good agent will want you to complete the purchase with your eyes open.