Costa del Sol Homeowners News for 2014

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Happy New YearHappy New Year to all our owners, we wish you a very happy and prosperous new year!

What’s in store for us in 2014? Of course it’s impossible to know for sure, but predictions of a better real estate market and tourist numbers remaining strong for this year leave us reason to feel positive. Unfortunately on the other hand some costs are going up, so make sure you budget accordingly.

Potential Buyers – Whilst the Spanish buyers remain quiet, foreign buyers are certainly more and more interested in Spain following price decreases and the feeling that the market is now back on the up. For owners looking to sell, 2014 should be a better year for you. We’ve partnered with property specialists VIVA to give our owners the best advice and access to buyers locally and abroad.

Holiday Makers – 2013 was a great year for tourism in Spain with huge increases in visitors being seen throughout the summer and beyond, helped by the troubles elsewhere and a general resurgence in popularity of Spain. 2014 is predicted to remain strong, so it’s a good time to be renting out your property to holiday makers.

Electricity – Electricity bills in 14 million homes will rise by an average of 2.3% during the first quarter, so saving energy and looking for greener alternatives is more important than ever. Here are some tips on saving energy

Mortgages – According to property expert Mark Stucklin, mortgage rates look set to rise this year. However he does say that any rises should be controlled by loose monetary conditions and the Euribor is still near its record low, so owners with mortgages shouldn’t be in for too many nasty surprises. However it is best to be cautious and try to set some extra money aside just in case.

Please feel free to consult us if you have any questions or concerns about what’s in store for 2014. Whilst we don’t have a crystal ball, we’re well connected with what’s happening and can find information for you should you need our help. Please email info@homecareontheweb.com

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