Renovated Homes & Farmhouses – Selling/Buying Property in Oxford

Lounge Building Exterior

Have you ever considered buying a cheaper property that you can later renovate and live in a luxury new home? There are plenty of beautiful farm houses in Spain and the UK. While renovated farm houses in Spain look spectacular, and interior design has characteristics such as tall walls and open style interior design, farm houses in the UK are quite similar apart despite of the size of the property. Oxford City in UK is a perfect location where you can find renovated homes or find a house that can be renovated. If you need help in finding a property like this, estate agents can easily guide you through the process of finding the perfect structure to meet your needs.

Selection of Views

What Styles of Older Homes Are For Sale in Oxford?

The area has several different styled homes. You can find a wealth of buildings from the Victorian Era. These massive structures are all brick and full of romantic looking rooms. Another style you will find is the classic Georgian facade with beautiful eaves.

Many of the homes have detached buildings that give you greater functionality. These rooms can be rented out or used as guest houses.

What Has Been Done to Renovate These Houses For Modern Day Luxuries?

Some of the houses in the area date as far back as the early 1800’s. These incredible buildings have been standing for hundreds of years. You will find that most owners have taken care of the structures and made necessary updates.

Depending on the home, different things will have been updated. Most owners strive to keep the original feel of the period in which the building was constructed. Bathrooms, kitchens, and other living spaces are brought up to code with modern appliances for a cozier feel.

How Can an Estate Agent Guide Me in the Process?

An estate agent can help you in finding the right residence for you whether old or new. Especially in the process of purchasing older homes, we can make certain you are purchasing the best property. Older buildings need additional care over the years.

Estate agents work to find you a property that has been kept up like it should. If there are repairs that need to be made, we can be sure you are informed of such. It is a great idea to use someone who is experienced in home buying to help you make such an important decision.

Although there are many estate agents available on the market, it might be difficult to find the best one. Here’s some useful tips to find a reputable estate agents.

  1. Pay attention at the properties that are for sale in your area and estate agents that are selling the property.
  2. Find estate agents that have most experience selling property similar to yours.
  3. Get a free market appraisal from at least three different estate agents. This will provide you with an estimate of what your property is worth. However, do not rush to start business with estate agents that evaluate your property with the highest price as estate agents aim to get a business with you.
  4. Ask for a list of houses that were sold by each estate agent so you can see if property evaluation has realistic numbers.

Estate agents Chancellors Oxford has properties for sale in Oxfordshire. Locations covered
New Hinksey, Littlemore, Cowley, Iffley, Iffley Village and St Clements and many of the smaller locations in between for your solution to find an Oxfordshire property. Please visit Chancellors website for more details. While Anscombes Finchley estate agents is a part of Chancellors Estate Agents Group and has properties for sale in Finchley, London, UK.

Property in Spain Costs Less than other areas of the EU

BUYING a place Spain is cheaper than elsewhere within the EU.

As published by the annual analysis on Spain’s real estate market conducted by Deloitte, the proportion of finance spent by households on mortgage payments – rate of effort – has been constantly falling in recent years and it now stands at thirty three per cent, as a consequence of the decline in house costs registered since the start of the recession.

Moreover, the typical home value in Spain is 4.4 times the individual gross wage, compared to most other countries within the European Economic Community where the value is on average 6.1 times the individual gross wage and United Kingdom and France, whereby the amount is 8.5 and 7.9 times the individual average earnings.

For the fourth year and compared to the remainder of the country, property owners in Barcelona and Guipuzcoa have had to pay a bigger proportion of their earnings on mortgage payments, given the high value of housing in those provinces.

In contrast, purchasing properties in La Rioja, Lleida and Pontevedra is more accessible, since the speed of effort is less than thirty per cent.

Why Chinese property investors choose to buy property in the UK?

UK and China has an improved trade relations. A rising number of Chinese children are now being admitted in top schools along, which is among the key factors that drive Chinese investment in properties at prime central London.

W.A. Ellis, an agency in prime central London, made a research that stated the liberalization of China’s currency, the Renminbi (RMB), has created a rising price of newly constructed residential properties in China’s first tier regions and an increasing number of Chinese high net worth personas seek offshore investments. This adds attraction to London’s real estate.

The agency’s recent research pointed out that about £3.5B was spent exclusively on UK properties made by Chinese investors in 2013. The current Chinese currency strength means that the price of buying properties as assets in London is around 8% cheaper than it was a few years back.

The research done by Hong Kong-based property firm – Centaline – on the first quarter of the year 2013 emphasized the impact of around 15% tax introduced on foreigners that invest in Hong Kong. This resulted to four-year low decrease in the sales of luxury houses to mainland Chinese investors.

Lucy Morton – a senior partner and head of lettings at W.A. Ellis has returned from a trip to Hong Kong – said that there is confidence in the real estate market in London. Investors have become frantic to buy and the liberalization of RMB has immensely helped, which is partly the responsible for widening the profile of buyers.

She also stated that around 20 years before buying London properties are exclusive to the rich. Today, there are high net worth personas, in large numbers, who are interested in investing within the capital.

She highlighted the interest of buying through exhibitions. People are interested looking at exhibitions considering that they have researched about the area where they want to buy as well as the schemes and developers of the property they are going to buy. Deposits are made ready and so they leave right after making their purchase.

Morton also pointed that South East Asian investors have purchased new luxury property developments within central London, which are usually one or two bedroom apartment. There are majority, however, that are buying just one apartment but other high net worth families can spend millions.

Apart from the ones mentioned, she also explained that there has been an increase in property portals such as Juwai.com and search engines that are in Chinese dialect such as Baidu. She added that this has helped the marked and will play a major role in the near future.

According to Morton, education has prompted this residential investment. There are children who attend private schools in London and they are in greater numbers. Mandarin is currently becoming part of the curriculum in a lot of schools. When they reach university age, a lot of students arrive and because of this their families seek private rented sectors. The steady growth of South East Asian students’ number has been seen, which also increased the rental numbers of centrally located properties.

Property Sales increase in Spain

Property Sales increase in SpainThe Spanish property market because of the rise in sales of residential properties grew by eight per cent in June 2014 compared to last year.

Sales statistics just released from the National Statistics Institute, shows that Spain has seen a year on year increase in property sales for four consecutive months, ending a ten month duration of year on year declines.

Valencia boasts the largest increase of house sales per 100 thousand people, followed closely by the Canary and Balearic Islands.

In relation to this, Madrid performs the highest, with a 30.4 per cent increase. Extremadura, with 25.7 per cent, and Navarra, at 19.3 per cent, placed at second and third.

There has been very positive movement on the Costa del Sol this year. to put it into perspective: there have been four new housing developments within the Costa in 2013 compared with none throughout the previous 3 years. Potential developers need to stay grounded, however, as thirty per cent of recent homes on the Costa are still to be sold.

An average two-bedroom apartment on the Costa del Sol can go for €196,956, while a family home comes in at €393,520.

Experts predict that Spanish property markets is likely to stabilise towards latter part of the year.

More positive indicators for the Costa del Sol

Marbella is not the only large town to be influenced by the huge influx of tourists in 2014. With an estimated 10 billion euros being created in 2014 across Andalucia other councils are also making improvements which is great news for the construction industry.

The influx of tourism to Marbella this year has been so impressive that the town has been added to the small list of areas that is permitted to now start opening shops on Sundays, which is not only great news for the local residents but also for tourists.

In light of the pending local elections which are less than a year away now, one of the most eagerly anticipated projects of this year is due to start after the Summer in Estepona. The so-called Grand Boulevard is a major project which will transform Estepona and the surrounding area and will consist of a new shopping centre, more tourism related attractions and a new recreational centre. This privately funded project has a price tag of 30 million Euros, with the local council also financing a multi-millon euro botanical park boasting the biggest orchid collection in Europe.

Elsewhere on the Costa del Sol there is due to be other development of museums, tourist attractions, theatres, and infrastructure in Velez Malaga, Malaga City, Benalmádena, Mijas (old town), Rincón de la Victoria, Alharurin del Grande, Cartama and Fuengirola. Not only will all of the projects across all of these areas on the Costa del Sol bring in more tourists, but it will boost the economy and reduce unemployment greatly.

Costa del Sol leading the way for Property Recovery

A recent study has provided evidence that there has been an increase in house prices in Marbella and Manilva. Off-plan new developments seem to have reached their minimum prices and indications are now showing a rise due to foreigners.

Two areas in Spain are showing definite signs of property recovery, Costa del Sol and Costa Blanca. The study that was undertaken gathered information from 60 coastal regions of Southern Spain and demonstrated due to financial establishments lowering prices that property was now selling faster.

Its still early days in respect of the Spanish construction industry however areas in the Costa del Sol and Costa Blanca are showing very positive signs. New constructions in the Estepona and Marbella area, which have been built with the foreign market in mind are building good interest.

The general consensus is that property prices are now slowing however this is only in certain areas of Southern Spain. Prices on the Costa del Sol for example have dropped to their lowest averaging a 1.1% drop in the first quarter of 2013 and 2014.

It is thought that property sales may increase as much as 25% this year in Marbella due to demand by foreigners.

Taylor Wimpey´s New Apartments Horizon Beach La Galera

Horizon Beach La Galera EsteponaAWARD WINNING UK property developer Taylor Wimpey is launching a fresh £10 million project on the Costa del Sol this month.

The La Galera development, in Estepona, is going to consist of thirty six luxury homes and is due to be formally launched with an opening on April 30th. Taylor Wimpey has constructed over two, 500 homes in España over the last fifteen years, as well as Los Arqueros Golf, in near  Benahavis.

“Estepona is a perfect location for further investment,” stated Ignacio Oslé, regional director in Andalucia. “We want to thank Estepona town hall for their support in getting planning permission last October.”

Property sales increased more in Marbella last year than anywhere else in Spain

The property market in Marbella is recovering and the town is now showing signs of being a leader in this sector. This emblematic town on the Costa del Sol ended last year with a total Property Sales increasedof 3,115 property sales , a figure which is similar to that of 2007, before the bubble burst. In terms of total figures, Marbella is now in a similar position to Malaga city, where the recovery in the property market has failed to take off and the number of sales has fallen for three consecutive years.
The results for property transactions last year, which have just been released by the Ministry of Development, reveal that Marbella is the Spanish town in which the number of sales has increased the most, by 23.6 per cent.

New expat residents association launches in Estepona

AN EXPAT residents association has been launched in Estepona, which will fight the corner of the town’s large number of foreign residents.New expat residents association launches

The Associacion de Residentes Extranjeros de Municipio de Estepona (AREME) will speak on behalf of its members with public institutions, with the aim of improving services and provisions in Estepona.

It already boasts one coup, successfully reinstating the local bus service.

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Mini housing boom in Malaga’s ‘Golden Triangle’

LUXURY housing in Malaga’s so-called ‘Golden Triangle’ is leading the way in the resurrection of the construction industry.Mini housing boom in Malaga´s 'Golden Trianlge'

The ‘Golden Triangle’, made up of Marbella, Estepona and Benahavis, is seeing an increase in both the sales of homes and in the construction of luxury housing.

During January and February of this year, Marbella Town Hall has seen an increase of 20% in the licences for luxury homes.

So far the town hall has authorised licences for 18 new housing projects with a combined worth of over €9million.

If construction carries on at this pace, the number of projects for 2014 could be double that of last year, which ended with a total of 64 licences issued.

But Pablo Moro, the councillor in charge of town-planning in Marbella, emphasises the need for caution in analysing the data.

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