For those of you who are looking for something off the beaten track or different, an ideal opportunity maybe a cave house. These provide a more affordable option but you must take into account the renovation costs and the restricted mortgaging opportunities. However don’t let this put you off, have a look at Spanish Inland Properties www.spanish-inland-properties.com where you’ll find everything you need to gen up on cave houses. They have an earthy back to nature charm about them and a 3 bedroom property would cost in the region of £65.450.
Sally from Spanish Inland Properties loves these properties so much she lives in one herself so who better to get advice from. Cave houses have lower running cost than your conventional house. There is no need for air conditioning as caves maintain a constant temperature of between 18-20 degrees but in winter all you need is a log burning stove to keep the property snug. Council tax is approximately 75 Euros for the year! A far cry from our hundreds of pounds we pay here at home. If you are interested in these houses Spanish Inland Properties operate a try before you buy scheme, all details are on the website.
Once you are the proud owner of a property you need to take steps on keeping the upkeep and maintenance which is pretty difficult if you are thousands of miles away. Spanish Inland Properties can recommend management companies that can look after your property for you or ask around and see what other people are doing. If you are only buying your property to let and not using it as a second home you should aim to keep it rented out 30 weeks in a 52 week period and this should keep things bobbing along nicely. This is where a good management company is worth their weight in gold.
Lastly, your second home not only offers you a great base for your holidays but it is also a growing investment which you can make use of later on in life by making it your sole home or to generate a regular additional income to boost your pension.
