For John and Sandra Pugh, buying their Costa Blanca apartment through HomeEspaña has been the perfect way of combining an investment with a holiday home.
The Leicester couple completed on their two-bedroom property in Los Montesinos, just inland of Torrevieja, on 1st August 2016, paying €75,000 (excluding fees and taxes). They plan to visit every other month, but they haven’t bought just as somewhere to enjoy the Spanish lifestyle.
“It’s also an investment for us,” said John. “Our money was doing nothing for us in the building society so we decided to invest in Spanish property, which we can also get enjoyment from.”
John and Sandra, who have friends with a home in Quesada, first viewed their property in June 2016. “Initially we were after a top-floor property with a solarium, and we hadn’t thought of looking in Los Montesinos. Then HomeEspaña took us there, and we liked the town’s mix of traditional Spanish with expat areas. And our garden made up for no solarium, so we went for it.”
Buying just before the EU Referendum wasn’t an issue for the couple. “We were confident about continuing with our purchase,” added John. “The prospect of Brexit didn’t affect us. Fortunately, we had fixed the exchange rate for sending the required Euros to Spain for completion before the referendum. We used the currency firm referred to us by HomeEspaña. Throughout the buying process HomeEspaña were great, helping us at the notary’s, with finding a lawyer and opening a bank account.”
On a complex with a communal pool, the Pughs’ apartment is likely to used by the children and grandchildren. Travelling there from the UK is easy for the family, thanks to regular flights between Alicante and East Midlands Airport.
When Karima and Marco Contreras met a British couple on a Mediterranean cruise four years ago, they recommended that the Las Vegas couple speak to HomeEspaña about buying a property on the Costa Blanca.
Buy a new build and recover 100% of the VAT by registering the property for a VAT-eligible rental or business activity for 10 years.
When retired advertising and marketing executives Gill and her husband John from the northwest of England reached the conclusion it was time to sell their holiday home in Dehesa de Campoamor (Alicante), they decided to act on a recommendation from their solicitor and check out HomeEspaña.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
