Getting started in Costa Blanca, Spain

[Elena Ferrer]

Hi, I'm new here, thanks for reading me :)

I'm planning my strategies in Orba (Costa Blanca, Alicante, Spain). This is one of the favourite places for english expats, it's a little mediterranean pueblo with mountain and sea views near Denia, Javea and Calpe.

My first strategy in Orba is buying old midsize townhouses with patio from the bank at a very low price so I can sell them quickly for a very reasonable price to investors/neighbours who want to rehab them. I have an eye with this because I live here twelve years ago and I know the evolution of the market.

When I got cashflow I want to buy an apartment in the center of Valencia (I'm from Valencia), rehab and rent for 1000€-1500€, see how it works and repeat.

Right now I'm doing the paperwork of three little houses with patio in Orba. I'm excited but a little nervous as the same time with the selling part. Sometimes I feel they are super good ideas, sometimes I wonder who is going to buy from me, hehe.

Elena

[Bill Shultz]

Welcome to BP @Elena Ferrer looks like you are on a good path! I wish you luck!