Spanish Estate Agents

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If you are looking for a property to buy in Los Gigantes, then you have chosen a wonderful location for your search. Los Gigantes is a great place to live, work and play and has so much to offer everyone including some fabulous cafes, bars and restaurants! Also, the recent sponsorship of Carnaval Los Gigantes by Paul Ruane has helped secure the future of the Carnaval and promote this wonderful extravaganza enjoyed by all the family!

When you are looking for property to buy in Los Gigantes, make sure you choose a well established Estate Agent such as Paul Ruane where you can be rest assured that your investment is being handled by a great, caring and loyal team who will truly look after you and your investment. The staff at Paul Ruane are well versed in the Spanish property system and will help you every step of the way from start to finish and well beyond.

Why not become a fan of Paul Ruane on Facebook as well as following them on Twitter, Flickr and Youtube.

A new low cost fixed fee Estate Agency Network website has been launched David Wood to bring together buyers, sellers, landlords and tenants throughout the South Yorkshire area. This innovative concept is spearheaded by David who has a wealth of property expertise behind him, not only in the UK market but also throughout Europe including Cape Verde and the Canary Islands.  Complimented by their thought provoking blog, dwood-property.com is definitely the place to start whether you are a Landlord or private individual, when considering buying, selling, letting and renting property.

Nowadays, more and more expat families are looking to buy property in the less touristy parts of Spain – the “real Spain” – places where they can immerse themselves in the local culture and live the Spanish way of life.

They’re looking for somewhere ideally with little or no interest to other overseas buyers – Spain all to themselves.

The problem is everyone now wants these types of locations so instead of moving into ‘real’ Spain, overseas buyers end up creating and living in foreigners’ ghettoes. Take Monda, Coin and Alhaurin el Grande in Malaga, for example. In these traditional Spanish rural villages, English is now almost as widely spoken as Spanish.

When wealthy overseas property buyers come to Spain, the locals are happy to sell their place at an often significant profit and move into a shiny new urbanisation down the road.

So you sell up, move all the way to what has to be the real Spain – inland, rural, surrounded by goats, pigs, bulls and horses – only to find that your next door neighbour is from Birmingham.

But still the dream exists. Settling in Spain, living that dream lifestyle of tapas, siestas, flamenco, sunshine and no stress…turning that dilapidated rustic property into your own version of Iberian “chic”… One day, becoming as Spanish as the Spanish.

Featured Location – Fuerteventura
Fuerteventura is the second largest of the Canary Islands, located just 100 kilometers off the coast of North Africa.

It’s one of the last remaining Spanish paradise isles – sparsely populated, untouched, unspoilt, and free of crass commercialism and overdevelopment.

The island is home to 152 of the longest beaches in the archipelago. There are 50 kilometers of fine, white sandy beach and 25 kilometers of black volcanic shingle.

Fuerteventura is widely regarded as having some of the best beaches in the Spain – endless stretches of fine white sand bathed by pristine turquoise waters that stay warm all year long. It’s a paradise for sun, beach and water sports fans.

The large winter swells and summer trade winds create excellent wind and wave conditions, making Fuerteventura a year-round surfers’ paradise. It’s also a very popular location for sailing, scuba diving and big game fishing. Whales, dolphins, marlin and turtles are all common sights in these clear blue waters.

Many believe that Fuerteventura is the oldest of the Canary Islands. Its strange volcanic form was born out of a series of eruptions thousands and thousands of years ago.

Most of the inland areas on Fuerteventura are made up of lavascapes and volcanic mountains as well as large protected plains. Although the island looks highly volcanic, the last activity took place over 4,000 years ago.

If you’re looking for somewhere with endless sunshine, year round warmth, stunning deserted beaches, a good quality of life and (as of yet) no mass tourism, Fuerteventura is well worth considering.

Investing in Fuerteventura
Residential and commercial properties, on this paradise island, are seeing great returns through strong property appreciation.

Many UK and Irish holidaymakers are now choosing to extend their yearly two-week vacation on a more permanent basis. Making the permanent move to Fuerteventura is becoming an increasingly popular option and with all it has to offer, why not.

The growing numbers of visitors who are investing in many of the off plan new developments, residential and commercial properties will have a knock-on effect of pushing the property prices up, creating a strong return for investors.

Prices are still low but expected to escalate. If your considering Fuerteventura, now is the best time to make a move, before it’s too late. Click here for the latest Fuerteventura Property for Sale

The latest figures from the National Statistics Institute points out the hottest, coldest, brightest, darkest and wettest places in Spain.

As one might imagine, the Canary Islands or “Happy Islands” come out tops when it comes to sunshine and warmth. And of the seven islands, Tenerife enjoyed the hottest average temperatures and the most sunshine.

The Canarian Climate
Located just above the Western Sahara Desert, the Canary Islands enjoy a privileged location and climate. Drenched in year round sunlight, washed by warm Atlantic waters, they have what arguably the world’s best climate.

The Canaries are the only place in Spain and Europe where you get guaranteed winter sunshine and warmth.

Andalucia in southern Spain is certainly a lot sunnier than the UK and most other parts of Europe but can get very cold during the winter months. Any expat living in Spain will tell you that shorts and a t-shirt won’t always do.

Southern Spain is however, a great place to spend the winter months away from the gloomy northern European winter.

The Canary Islands were also the driest places in Spain last year, with the least rainfall. Fuerteventura, famous for its vast desert-like landscape and endless sandy beaches, received just 63.1mm of rain.

Lanzarote and Santa Cruz de Tenerife were the second driest locations. They both got twice as much rain as Fuerteventura, approximately 125 mm – not very much.

Spanish Hotspots
Tenerife topped the charts when it comes to bright and balmy year round climates. Last year the island had an average of 21.8 degrees centigrade – warmer than any of the other Canary Islands. Tenerife also received more sunshine – 3,565 hours a year, which is around ten hours per day.

Lanzarote, with its weird lunar-like volcanic landscape was the second hottest location and Rota on the Costa de La Luz (Coast of Light) was the sunniest part of mainland Spain with 3,010 hours of sunshine.

Cold and Damp Spain
If all that sunshine gets too much for you and you want some “real” weather, head inland. Spain is the most mountainous country in Europe and accordingly can get very very chilly at altitudes with strong wind chill factors.

Last year the coldest recorded temperatures were found in Puerto de Navacerrada ski station, north of Madrid. Temperatures averaged at a chilling 7.9 degrees for the whole year. Izaña de Tenerife was the second coldest location and at 2300 metres in altitude, one can imagine why.

Labacoa, near Santiago de Compostela in Galicia, received the most rainfall – well over two metres. Other towns in this lush green part of Northern Spain saw similar deluges.

The darkest part of Spain, which was probably still a lot brighter than the UK, was the Costa Verde or Green Coast. In towns like Asturias, Bilbao and Cantabria, they received less than half the sunshine Tenerife received.

Island Life – Moving to the Sun
Tenerife, home to a large UK expat community, amazing beaches, good value properties, low cost of living, high standard of life and perpetual, sunshine is a fantastic place to live. Every year more and more UK nationals are choosing to escape the doom and gloom of rainy England and set up home on this island paradise.

Buy-to-let investments are also a popular option. With year round sunshine and warmth, you can command peak season prices all throughout the year.

Finding a Home
The Internet is the fastest and most efficient way to find property abroad. There are literally hundreds of real estate agent sites and independent property portals providing everything from property listings (with prices and photos) to legal advice, buyer’s guides, local area information and climate reports – everything you could possibly need. Try the following link – Tenerife Property Search

If you’re genuinely looking to start a new life, away from the pollution, cold, high prices and endless grey skies, Tenerife is certainly well worth considering!

Property for sale in Tenerife
Here’s a few example of what you’ll find on Canarypropert.com, one of The Canary Islands leading property portals…

Playa Paraiso, Tenerife
Casa Dulce
Typical Canarian restaurant in Playa Paraiso. Restaurant has large eating area and bar with terrace with views to the sea.
Sale Price: €37.500

Costa del Silencio, Tenerife
Marino Tenerife
Studios
Opportunity good size studio, 1 bathroom, separate fitted kitchen, terrace overlooking swimming pool, recently renovated on very well kept resort.
Sale Price: €58.000

San Eugenio Alto, Tenerife
Island Village Heights
Studios
Beautiful studio located on the second floor in San Eugenio Alto. There is American kitchen, lounge, one bathroom, terrace. Panoramic sea views.
Sale Price: €88.500

Up until the year 2000, anyone selling property in Spain had to be a member of the one of the two professional real estate associations – API and GIPE. Now, since the market was deregulated in 2000 basically anyone can play the role of intermediary in Spanish property transactions.

When buying a property in Spain, your biggest risks often come from your choice of estate agent. Their levels of competence, attitude and ethical standards can greatly effect the success or failure of your investment.

Although there certainly are some that should be avoided, thankfully there are many highly trained, very competent and ethical agents in the Spanish market. The challenge is finding them.

Types of Real Estate Agents in Spain
Before you choose an agent, it’s a good idea to get a brief understanding of how the market works. There are several types of agent – all offering varying levels of service.

Spanish Estate Agents
A lot of the Spanish agents belong to the API or GIPE professional associations. This should indicate a higher level of training and professionalism. The problem is that these titles are often abused so in some cases aren’t really a true guarantee of professional service.

Spanish agents normally just sell property in their local area. Sometimes they’ll have nationwide chains and networks throughout Spain and the Canaries.

Most of them don’t speak English, so this can be a problem for UK buyers. In the popular coastal areas (Costa del Sol etc.) you’ll find an increasing number of Spanish agents with English-speaking staff.

Foreign Estate Agents in Spain
It’s usually the case that a UK family looking to buy a place in Spain will instinctively go to an English or Irish-run estate agency.

Foreign owned-and-run estate agents normally try and sell to buyers from their home countries. British and Irish agents focus on buyers from the British Isles, the Germans focus on the Germans etc.
Most foreign agents are now adopting English as their operational language.

Setting up as a real estate agent in Spain is very easy. Ever since the market was deregulated (2000) no qualifications are required and barriers to entry are low.

Foreign estate agents in Spain have come under much criticism over the years. Unfortunately, there’s been a number of cases where these agents have been found to be incompetent or unscrupulous or in some cases both.

You’ll find them mainly in the very touristy areas like the Costa del Sol, Costa de Almeria, Costa Calida and Costa Blanca. A lot of times the commissions charged are blatantly excessive and the level of service low.

Outrageous (time-share style) pressure-sales techniques are often used and in some cases agents tell clients half-truths; anything to close a quick sale.
Be warned – such companies do exist.

UK-based Estate Agencies
There are more and more UK-based estate agencies offering Spanish property every year. They’ve been drawn into the market by the huge numbers of UK buyers that are looking for property in Spain and the very high commissions they can make.

Multi-listing Networks
This is where a group of foreign estate agencies participate in a network where they share clients, properties and commissions. For example, one agency might have a buyer but not the right property, while the other agent has that property but not the buyer.

They collaborate with each other, make the sale and “split” the commissions – everyone’s happy; you get the right property and they make the sale.

The only problem is that instead of splitting the commissions between themselves, they more often than not increase the commission. So the buyer pays an inflated commission for a service of little extra value.

Spanish Corredores
In rural parts of Spain, corredores are still used extensively. These are property brokers that know the local community extremely well and know when someone wants to sell their property.

If you’re looking for a place in a rural community, using a corredor is a likely to be your best option. It’s doubtful however, that they’ll speak any English, so be sure to bring an English/Spanish friend with you if you don’t have the lingo.

It’s usually an informal arrangement but there’s no reason whatsoever to think that a corredor might be less trustworthy than your average foreign estate agent.

They’re certainly a lot cheaper. They’ll often just charge a commission of 1% to the buyer and 1% to the seller. Some foreign agents add on commissions of up to 35%.

Corredores can often be difficult to locate, as they don’t usually work from a commercial premises. But, if you ask around the local community, you should eventually find one.

It’s everyone dream – jetting off the Spain’s endless sunny skies whenever you feel like it, not having to worry about accommodation – and feeling and being right at home as soon as you arrive.

Buying a second home in either Spain or the Canary Islands is a relatively uncomplicated process. There are, however a number of things you should consider, like getting a second mortgage, for example. This is often more difficult than a primary mortgage. Sometimes higher down payments are required too. These are just some of the financial considerations you’ll have to take into account.

Before you start your property search have a look at some of the pros and cons of buying a second home in Spain.

The Benefits of Buying in Spain
Provided you’ve chosen a good quality property in a good location, it should be going up in value every year. Spain has always been regarded as an excellent long-term investment option.

Rental income is the perfect way to pay off a mortgage. The property just pays for itself. Spain and the Canaries are two of Europe’s most popular holiday locations, meaning no shortage of demand for rental properties. On the Canaries, you can rent out your second home all throughout the year at tourist prices.

A holiday in your own “home away from home” is a delightful experience, much more enjoyable than staying in a hotel. Apart from having your own personal comforts and privacy you’ll have a lot more money to spend, having not paid for a hotel.

You could retire to the holiday home. Most people do. After a number of years making good returns through rental income you could decide to have the property all to yourself. By this stage it should have gone up in value significantly.

Thousands of people make the permanent move to Spain every year. Most never look back. It’s warmer, brighter, healthier and safer with a very laid back pace of life.

Things to Consider:

Additional Costs
These are ongoing and can mount up – things like property taxes, utility bills, and community fees etc – the same traditional costs you have to pay on your primary property. Even though you might just be there for short periods of the year, as the owner, you’ll be responsible for all of them.

If you’re going to rent out the property, you need to consider the tax implications – renting can greatly affect your own tax situation, meaning you’re sometimes liable for more tax payments and at other times you’re no longer eligible for certain tax exemptions.

Speak to a tax professional. They can give you advice about your individual situation (good or bad). In Spain and the Canaries there are plenty of English/Spanish speaking consultants.

Holidays
Will you (and your family) really use the place every year?
Staying in your own home is so much more comfortable than a hotel or holiday apartment but if you want to travel to new destinations every year, you might just end up paying for hotels and other services on top of your second mortgage.

Advice
Buying a holiday home in Spain is an incredibly rewarding experience – most UK buyers never look back.

Proper research often determines the success or failure of any local or foreign property investment - research the property, the area and the legal and tax implications. Spend as much time in the area as possible before you take the plunge.

Investing in the future
You might not be in a position to buy a second home now but in a few years time you might be. If you’d like your own home in Spain or the Canaries, the best time to start planning is now. If you remain focused, disciplined and start far enough in advance you too could become the happy owner of a dream home in the sun.

Speak to a financial planner or advisor. He or she should be able to come up with realistic financial targets that can help you reach this goal.

Cardenas Real estate, one of Gran Canaria’s most well-established real estate agencies, has been operating in Gran Canaria for over 26 years. They have a deep understanding of the local property market and have access to some of the most exclusive properties on the island.

They mostly deal with foreigners (non-residents) and have perfectly bilingual staff. Many of their customers are from the UK. In the office they speak: Spanish, English, German, Norwegian, French and Italian. The website is in Spanish, English and German.

Honesty and reliability have been the keys to their success. These values can be found amongst all the staff members at Cardenas. They use a strict “no-hard-sales” approach, relying more upon positive word of mouth and their reputation as one of the most trustworthy agents on the island.

Ultimately, it’s in their best interest to find the right property for their clients, not just a quick sale for them.

At Cardenas, they build up strong relationships with their clients, providing extensive after sales service and advice. Most clients remain in contact with them for years after the actual property purchase.

Background
Cardenas real estate was set up in 1980 by Mr. Antonio García de Cárdenas and his wife Mrs. Rolande Chagrin, both of whom have a background in the hotel industry.

They’re both multilingual. Mr. Cárdenas, a native Spanish speaker, also speaks fluent English and German and is a certified real estate agent. Mrs. Chagrin speaks fluent English, French, German and Spanish.

The sales department is currently run by their daughter who speaks fluent German, English, French and Norwegian.

The first office was opened in Arguineguín, Gran Canaria. They now have two more offices in Puerto Rico and Playa de Mogán (see below).

Recent Awards

One of their proudest moments has been winning the coveted Bellevue Best Property Agents award in 2007.

The Bellevue awards are only given to agents who excel in terms of “professionalism, market knowledge, experience, choice/variety of properties, and, in particular, quality of service.”

Having the Belleveue logo on your web page or on the wall of your office says one thing most of all – outstanding quality. It’s very much sought after.

The Bellevue Best Property Agents award
The Bellevue awards were set up in order to encourage and increase the level of professionalism and customer service within the real estate industry, throughout the world. It aims to encourage and support the highest possible standards.

Once you receive the award, you’ll have to fight to hold onto it. In order to make sure an award holder’s standards don’t drop each one is re-assessed on a yearly basis.

If they don’t still offer the same levels of professionalism and customer service or have dropped their standards in any way, they’ll be taken of the list, will lose their title and will be forbidden from using the prestigious Bellevue logo.

The long-term goal of the awards is to support sustainable and high quality standards. Every year, they’re adding more and more agents to their list of the world’s top property agents and developers.

The Belleveue property awards benefit buyers and sellers as well as the agent themselves. They’re constantly on the look out for professional, trustworthy and reliable agents and developers, so that buyers and sellers can easily find a reputable agent. It’s an effective and productive way of bringing buyers, sellers and agents together.

This year (2007) we saw many lucky winners. Cardenas Real Estate was one of them.

For more information on the awards, click here

Contact Details:
Cardenas Real Estate
Arguineguin
C/ La Lajilla, 2
35120 – Arguineguín
Gran Canaria
Telephone:+34 928 15 06 50
Fax: +34 928 15 05 83
e-mail:info@cardenas-grancanaria.com

Cardenas Real Estate
Puerto Rico
Address: Av. Tomás Roca Bosch, 8
Bungl. Costa Rica, 1
35130 – Puerto Rico
Gran Canaria
Spain
Telephone: +34 928 15 30 57
Fax: +34 928 15 36 02
e-mail: info@cardenas-grancanaria.com

Cardenas Real Estate
Playa de Mogan
Address: Pasaje de los Pescadores, 7
35138 – Playa de Mogán
Gran Canaria
Spain
Telephone: +34 928 56 59 66
Fax: +34 928 56 59 88
e-mail: info@cardenas-grancanaria.com

One of this year’s hottest new developments is Mirador de Lobos Golf, set for completion early next year – January 2008. It comes from Montaña Roja, the Canary Island’s number one real estate agent and property developer.

Fuerteventura is the most up-and-coming investment area in the Canary Islands at the moment. With fantastic pristine virgin beaches, a very favorable climate, great rental potential and good value properties, one can understand why.

Mirador de Lobos Golf
Mirador de Lobos consists of 150 high quality semi-detached villas and duplexes. All properties have three double bedrooms, two bedrooms, a guest bathroom, a large lounge/dining room and a separate kitchen. All these properties are surrounded by their own stunningly beautiful private golf course.

If that wasn’t enough, each property also has its own private garden and spacious roof terrace with excellent views out over the surrounding landscape.
Mirador de Lobos is located in one of the most privileged and exclusive parts of the island – Parque Natural area of Corralejo, in northern Fuerteventura.

This area has some truly spectacular natural landscapes and offers an excellent quality of life for anyone living there. It’s in big demand with investors too; investors looking to make significant returns on investment.

Just think, in a few months from now you could be playing golf (on your own private course) in the middle of winter, surrounded by the Atlantic Ocean and the endless blue skies in just shorts and a t-shirt.

Why choose Fuerteventura?
Apart from having the best beaches in the whole of Europe, Fuerteventura has excellent investment potential.

Fuerteventura is located just 100 kms from Africa’s Western Sahara Desert. It’s the second largest of the Canary Islands and enjoys over three thousand hours of sunshine a year.
It’s a surfer’s paradise with excellent wind and wave conditions right throughout the year. It’s becoming more and more popular with UK and Irish investors.
The Canary Islands haven’t been affected by the recent property slump on the Spanish mainland. Demand is still very high for properties here. One of the main reasons is of course, the climate. The Canary Islands have year round sunshine and warm water and air temperatures right throughout the year.

Even in some of the most popular tourist destinations in southern Spain, it can be surprisingly cold during winter. The Canary Islands are the only place in Spain where you get guaranteed sun and warmth, making them the only genuine “winter sun” destinations in Spain.
For buy-to-let investors, they can charge tourist prices all year round. For people actually living here, they can enjoy living in an extremely pleasant place.

Apart from the beaches, climate and excellent quality of life, Fuerteventura has a growing expat community, a continually improving infrastructure and is now very accessible from most UK and Irish airports. It’s still remains free from the mass tourism, you often find on the other Canary Islands.

Background (Montaña Roja)
Montaña Roja is widely regarded as one of the most reputable real estate agents in the Canary Islands. After over ten years in the business they’ve established themselves as the Canary Island’s number one Real estate agent and property developer.

What distinguishes them from other property companies is that they work as both a real estate agent and a developer. This means that (by not using intermediaries) they can offer clients the best prices in the market. You’re effectively buying from the developer.
They also have a wide range of property types on their books.

At Montaña Roja, you’ll receive top class customer service that extends way beyond just finding you a property. They provide a comprehensive all round service covering everything from mortgages to surveyors and surveys.

Contact details
Montaña Roja
Gestión Inmobiliaria Montaña Roja. S.L.
C/. Nuestra Sra del Carmen, 40
35660 Corralejo
Fuerteventura, Canary Islands, Spain
Sales Office New Developments
Phone: 00 34 928 537 301
Phone: 00 34 928 866 337
Fax: 00 34 928 867 614
Fax: 00 34 928 867 481
Email: info@Montañaroja.com

If you’re looking for that dream property for sale in the Canary Islands, one of the best ways to find it is to go online. Casa Quest is where you’ll find the largest and most varied selection of properties for sale in Tenerife, Lanzarote, Fuerteventura and Gran Canaria.

It also provides local information about the individual islands, links to legal advice, articles and information about mortgages and finance. It was set up by a retired British medical practitioner, (Dr Paul Johnson) in an attempt to make buying and selling property in the Canary Islands easier.

Up and running since 2003, Casa Quest has everything you need to know about living or investing in the Canary Islands.

Canary Island Lifestyle – Diving off La Palma

La Palma is the largest of the western Canary Islands and has perfect water temperatures for scuba diving all year round. During the summer months water temperatures get up to a very cosy 25°C while in winter they rarely drop below a comfortable 18°C.

This is ocean diving. You won’t see the same ranges of colours that you’d see in say, the Red Sea but the visibility is excellent and the underwater landscape is spectacular.

La Palma is volcanic in origin and this makes for a fascinating underwater experience – one of the major highlights of diving here. Along with the many caves and chimneys, you can explore walls, grottos, canyons and tunnels.

You’ll see all kinds of stunning marine life living down here; everything from schooling fish, barracudas, groupers and trompet-fish to nudibranches, sea hares, scorpion fish and flounders. If you’re lucky you might even see an eagle ray or possibly even a manta ray or better still, a friendly turtle!

One of the best places to go diving on Gran Canaria is definitely Los Cancajos. The reef is massive and provides a broad range of diving options for both beginners and advanced. Most of the dives here don’t even require a boat. You can get to some of the best from the shore with minimum exertion. Everything’s very close.

Night diving is quite popular here, especially with a fool moon. There’s some fascinating bioluminescence to be seen along the reef.

Property for Sale
If you click onto http://www.casaquest.com/, you’ll see hundreds of properties right throughout the archipelago, with pictures, descriptions, locations and prices. Properties are regularly updated to ensure accuracy.

If you want more information about a specific property you can simply send an email directly to the real estate agent representing that property.

You can also set up your own Casa Quest Casa property portfolio. This is basically a list of favourite properties that you can use to help narrow down the list of vast available properties. You can then decide which are the most relevant properties before contacting the agent or making an appointment to see the properties.

Here’s just a few random examples from the Casa Quest (http://www.casaquest.com) site…

Studio in Playa Del Ingles, Gran Canaria
Studio apartment in the riu waikki hotel in the centre of Playa del Ingles. Excellent rental income investment.
Price: €70.000 EUR

Studio in Puerto Rico, Gran Canaria
The studio is located in a very well kept complex with reception, supermarket, pool/bar, restaurant, pub, etc. It is under a tourist rental system.
Price: €75.800 EUR

3 Bed Apartment in Las Americas, Tenerife
Extremely popular tourist complex by the sea in central Las Americas. Outstanding penthouse with three bedrooms, two bathrooms, fitted independent kitchen and the most amazing views.
Price: €640.000 EUR
£426.666 GBP

If your considering packing up, leaving the “doom and gloom” and moving to the Canary Island sunshine, Casa Quest can help. It’s an information site whose sole aim is to provide impartial information about living (and investing) in either Tenerife, Lanzarote, Fuerteventura or Gran Canaria.