| If you like to be in the center of the action, be | | | | mortgage payments. If you get behind on these |
| sure to consider buying Alicante property when | | | | payments, you may lose both properties. |
| buying a vacation home. It has everything you | | | | If you are intimidated by an international |
| could want in a real estate investment. | | | | real-estate purchase, you don't need to be. The |
| As you know, real estate is all about "location, | | | | Spanish Consulate located in your home country |
| location, location." Alicante is near the Alicante | | | | will help you get an NIE, the Spanish registration |
| Airport and to the attractions of Torrevieja and | | | | number required for non-Spaniards to sign legal |
| Benidorm. Thus this second-largest city in Valencia | | | | documents. These are fairly easy to obtain. Once |
| has become a beehive of activity. There are | | | | you obtain an NIE, you should be able to secure a |
| many discount fares available from all parts of | | | | mortgage, insurance and other real estate |
| Europe. | | | | documentation. |
| Because of this popularity, real estate prices have | | | | As long as you work with a reputable licensed real |
| been climbing steadily, a trend that is likely to | | | | estate agent and an attorney familiar with Spanish |
| continue. After all, where else can you find great | | | | real estate law, you need not be put off by |
| sandy beaches, so near to big-city amenities and | | | | buying vacation property in Alicante. While a real |
| to the amusement parks at Benidorm? | | | | estate agent may recommend an attorney and |
| Alicante property can be useful as a vacation | | | | vice versa, it is best to find professionals |
| home, as a retirement home and as rental | | | | independent of each other, to be sure they are |
| property. You will easily find people to rent the | | | | truly looking out for your best interests. Sadly, a |
| property for their vacations. Those rents can pay | | | | few unscrupulous practitioners have made it |
| for your investment and also build up your | | | | necessary for you to be cautious about |
| retirement nest-egg. | | | | everyone. |
| This is not a decision to be made lightly. While the | | | | But once past the initial hurdles, you will enjoy |
| Alicante area is enjoyable, it won't insulate you | | | | your property in Alicante. The weather is mild |
| from the usual obligations of rental properties: You | | | | year around and you will find plenty to do, no |
| must find responsible tenants, collect their rents, | | | | matter what your interests. Culture, sports, |
| maintain the property, and pay taxes etc. - all | | | | nightlife, dining and shopping opportunities are all |
| from a distance. Also remember that your | | | | here in abundance. Why not go online and check |
| primary home may be your collateral: If you don't | | | | out the possibilities today for the best selection |
| get a steady number of vacation rentals, you | | | | and prices? |
| may not be able to earn enough to pay the | | | | |