Sunday, July 29, 2007

Villas in Spain

From sandy beaches, delicious cuisine, rich and varied
culture and exotic vacations – Spain has it all! It's no
wonder that tourists visit this popular destination all
year around. The vacation homes and villas in Spain are
truly spectacular – which makes it an even more enjoyable
vacation experience.

How to look for a suitable villa?

If you are on the lookout for suitable villas in Spain, be
sure to seek the services of a professional real estate
agent. They will help you find the best property, evaluate
its pros and cons and help you tackle legal issues in the
contract. Considering such a gamut of services, the price
you pay is almost negligible. You may not find good quality
villas if you are out looking on your own. To get the best
villas in Spain, it's best to consult a real estate agent.

Things to note while letting your villas in Spain

Once you have found your dream villa and have purchase it,
you will want to let it out during vacation season. This is
the time when you will get ample returns on your initial
investment. However, most owners of villas in Spain find it
very difficult to market their homes to potential tourists.
Especially if they happen to be foreigners, the language
barrier makes it even more difficult to accomplish this.

Optimal pricing: In Europe, the real estate prices of these
villas in Spain have increased rapidly. Renters are far
more discerning these days and know what the going rate is.
Therefore pricing your villa too high for rent may cause
you to lose out on the deal altogether. A reputed real
estate agent can guide you on the optimal price to quote
for letting your villa. Describing your villa: Sometimes,
even the choice of words used to describe your villa for
marketing purposes, can make all the difference. Common
words like 'stunning view' etc are overused and don't
attract renters anymore. A real estate agent knows what
sells in the business and hence can guide you on this
aspect of marketing as well. Let friends rent your villa:
Letting your villas in Spain also means opening up your
personal space to total strangers. This can be an
unsettling experience for many. However, with the guidance
of a real estate agent, this too can be easily solved. Most
of these agents have a steady flow of happy, satisfied
customers who provide repeat business. In fact their
association is so long that they know each other
personally. Letting your villa to the friend of a friend
can really be comforting – at least it's much better than
having a complete stranger in your house! Engaging with a
real estate agent: You can choose to work with any reputed
real estate agent in either of the two ways – on an ad hoc
basis or a full time commitment, at least for the major
part of the peak season. You will also want to engage more
than one agent to market your villas in Spain for better
business


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Steve Magill is the author of numerous articles on the
topic of Spanish real estate. He is a partner in
http://www.buyspain.co.uk and a Fellow in the British
Association of Entrepreneurs (FBAE). He is also an
internationally renowned Spanish property expert.

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