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Alternative Investment

However overseas property presents some unique problems:

  • Where do you choose?
  • How do you find a reputable agent amongst the thousands operating overseas?
  • If you are buying off-plan how do you ratify the developer?
  • How do you manage the plethora of seemingly simple things that are well known at home but completely alien in a foreign country, for example, connecting services?
  • How do you manage your overseas property?
  • How do you achieve a rental yield in a foreign market?

A Tall Order

You need to find a company that understands your needs as an investor, who works with developers to develop the right property in the right place, and has a track record. They need to deal with the day to day hassles, and see the property from inception through to completion. After this you want the property managed and marketed so that you achieve the best yield possible. Also, a company based in the UK would be helpful to overcome any cultural or logistics problems.

This is exactly what Ocean View Properties do.

Why Spain for Buy to Let?

Our property finders work closely with the travel industry to find sites that will give a strong combination of capital growth and rental yield. There are a number of countries and regions around the world that will achieve strong capital growth however rental yields are more elusive.

To achieve rental yields, the property obviously needs to be located in the places where people travel. Our target audience is the UK so we look closely at where people are taking their holidays.

Another key consideration is climate. To achieve the strongest rental yield, the season must be as long as possible.

There are only really two choices for the serious investor - France and Spain . Taking into account the length of the rental season, Spain is the obvious choice. When considering ‘Where in Spain ?’ we again look to our target audience. The Costa del Sol is the most popular region in Spain , where the season is longest and the infrastructure best established.

If you are looking into buying a property in Spain as an investment, there is no better time to make your move! Spanish interest rates are low and property prices are rising steadily.

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