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Updated over 3 years ago,
Property In Benalmadena/Torremolinos in Malaga, Spain
Hi,
We're new to investing and having been to Malaga before quite fell in love with the area. We want to take advantage of the prices there now and especially the whole Pound to Euro currency at the minute. Our ideal situation would be to buy a holiday home, but one that we can rent when we aren't there. I was wondering if anyone has experience in this and especially in these areas?
Is it easy to rent a place out? What should we look out for?
We've already found a property we think has potential, but of course wouldn't want to rush into it.
The secondary reason to buy there is for my mother who is retiring and bless her sole can't afford to live in her current flat after that as it's insanely expensive. So for her to move to Spain would mean she could actually enjoy her life and have a good quality lifestyle as well.
Any and all help would be so highly appreciated!
Thanks,
Harri :)