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What to look for when buying a renovation property in the Costa Blanca
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Whether you’re seeking to emigrate to warmer climes or want to purchase a second holiday home to escape the cold winters, buying a property in the Costa Blanca presents many fantastic options.
Whether you’re seeking to emigrate to warmer climes or want to purchase a second holiday home to escape the cold winters, buying a property in the Costa Blanca presents many fantastic options.
One of Spain’s most desirable areas, the Costa Blanca stretches along the South-east coast, from Denia to Torrevieja, through miles of sun-kissed beaches and traditional Spanish beauty. The ‘White Coast’ is blessed by twelve hours of sunshine per day during the summer and experiences very mild winters, yet is pleasantly cooler than the sweltering heat of inland locations, making it an ideal place to turn your dream-home fantasy into a reality.
Perhaps the most appealing option for some is to buy a renovation property. Often less expensive than other types of property, renovating an older building provides you with a myriad of possibilities and enables you to design your home to your exact specifications. Whether you have the know-how and experience to complete the work yourself, or you hire expert help to carry out the refit, renovating a property on the Costa Blanca is a wonderful project in which you and your family can witness your dreams taking shape before your eyes.
The first step is to look at available properties. In the Costa Blanca dozens upon dozens of real estate companies will scrabble over each other, all vying for your hard earned cash, so it’s important to shop around and survey your options. Most importantly, always be sure of exactly what it is you’re buying, or a dream home can become a nightmarish and expensive venture.
The internet is a good place to start looking, and carrying out a search for ‘properties in the Costa Blanca’ will bring up literally thousands of websites clamouring for your attention. But by knowing specifically what you’re looking for you can narrow down the selection and begin to whittle down the choices so you can find the property that’s right for you. Are you looking for a relaxing abode in a quiet yet stimulating town such as Javea or would you prefer the more bustling and active lifestyle of Alicante? Do you want the option of building an outdoor swimming pool in your backyard? Do you want to live right on the coast within walking distance of the beach, or are you seeking something further inland amongst rolling countryside? By asking yourself questions like these you will get much closer to finding your ideal property, and avoid the headache of sifting through thousands of inappropriate properties.
Also ask yourself how much of a renovation project you’re looking to take on. Do you want to completely refit inside and out, or would something on a smaller scale requiring predominantly requiring interior decorating and a touch-up round the outside be more appropriate. Properties lacking in modern amenities such as electricity and plumbing may be an attractive buy when looking at cost, but the level of finances required to bring the house into the 21st century may far outweigh this simple appraisal.
Once you have your eye on a number of desirable properties that suit your needs, you’ll want to get as much information as possible from the estate agents regarding these prospective properties, so that you can realistically assess the amount of time and work needed to make the property habitable. There’s little point in snapping up a villa in a prime location if it takes ten years and all your lifesavings before you can move in. Like politicians, real estate agents are by their nature evasive and fluent in double-speak. Ask specific questions to ensure that ‘fragrant and exciting villa with breathtaking ocean view” doesn’t refer to the fact that the property has sewerage problems and is several years of coastal erosion away from disappearing into that breathtaking ocean view.
Once its time to fly out there and see the properties for yourself, it is highly advisable that you hire the services of a surveyor or appropriate tradesman to look over the property for you. They will pick out many things that the untrained eye would never spot, and can give you a more realistic impression of the property and its potential. After an initial reconnaissance of the place, it can also be beneficial to obtain estimates from specialists such as roofers and plumbers, to ensure that the property will not become a financial burden.
Most importantly when buying a property to renovate, you must have a clear and precise idea of the scale and cost of the work needed, and ensure that it is realistic within the constraints of your budget and the demands of your lifestyle.
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| Seller Performance |
| Overall Performance |
7.7 of 10 |
| Customer Feedback |
Excellent |
| Customer Satisfaction |
100% |
| Grading Accuracy |
100% |
| Fill Rate |
85% |
| Time to Ship |
2.5 Days |
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