Friday, May 1, 2009

Buyers guide to buying a bargain property in Duquesa

Buyers guide to buying a bargain property in Duquesa

In todays market it may appear that all Spanish properties are for sale and all have incredible discounts and huge savings. This is in part true but the as a newcomer to the area or even a seasoned property investor it is difficult to know which way to turn.

When buying a property in Duquesa it is easy to become distracted by those properties with the lowest price or those that are advertised with massive discounts. However these examples don’t necessarily represent the best Duquesa property investments or genuine bargains.

There are no new secrets to buying a property in Duquesa but it is important to remind yourself of what is important to you the buyer i.e. why are you buying a property in Duquesa? Is it for holiday rentals? Is it to relocate to the area? Or are you simply looking to buy a discounted Duquesa property in the hope you will profit from future capital growth?

The 3 key elements to identifying a true bargain are LOCATION, QUALITY and PRICE. If a property scores high marks on all three of these criteria, then it starts to represent value for money, and therefore could be truly considered a Duquesa property bargain.

Great Duquesa property Locations:

If you are looking to buy a property for your own use for holidays or are looking to relocate to the Duquesa area the location question is not as easily answered in general terms as each individual will have different requirements e.g. quiet location or walking distance to amenities. What is important here is to visit the property on several occasions and at different times of the day so you have a clear picture of what it may be like to live there.

Should you want to buy a property for holiday rentals or investment the question of location is vital. Many agents many tell you what a great holiday rental properties all properties are and how much money you can make per year. All this information will sound very appealing and a ‘no brainer’ to buy the property. Unfortunately in my experience some of these agents have no experience in the rental property field and are not giving you accurate rental figures nor correct guidance. By choosing an experienced and knowledgeable Duquesa Estate agent such as Barrington Homes you can benefit from their years of property rental experience and be shown select properties that we know will generate a good rental income for you and as such be a sound property investment. There are only very few developments in the area that will generate a good rental income and it is vital to seek professional advise from Barrington Homes when making your decision.

Quality Duquesa Properties

Fortunately the majority of properties in Duquesa are generally of a good standard. It is also relatively easy and cost effective to make any minor cosmetic property changes should you wish to do so. An important point which is often overlooked is the quality of the urbanization to which the property may belong. A well run, well maintained, attractive urbanization is often a key contributing factor to resale prices and property resale values. It is important to find out how much the community fees are for the property and also the urbanizations future plans, maintenance schedules etc.

Duquesa Property Prices

Don’t be misled by attractive discounts by Duquesa property developers or estate agents advertising. Although these are genuine discounts from previous prices you are advised to do your homework to find out other property prices in the development or how much the properties sold for in previous years to get an idea of what the potential price of the property will be in future years. This will give you a clear guide of the value for money you are being offered.

The first step in buying a property in Duquesa

After reviewing the above points you can inform your Estate Agent of your requirements. At Barrington Homes we like to have as much information as possible about our clients buying requirements so we can ensure we are finding them the perfect match at the best price and in their ideal location. If you are considering purchasing a property in Duquesa contact Barrington Homes. By informing us of your criteria (Budget, property requirements, and reason for buying the property) we can then proceed to find you a great property using our extensive property database and also years of knowledge we have by living and working in Duquesa.

We look forward to hearing from you. For further advice and guidance contact us on(0034) 952 936 216 or email info@barringtonhomes.eu