Amusement Park drives Hamiltons to double their Spanish property investment

hamiltonsOnce the Hamiltons purchased their unique holiday home in Camposol Golf on the Costa Cálida six years ago, they had no aspirations for gathering a property portfolio. Nonetheless, combining Barry’s impending retirement and reports of a Paramount-branded Theme Park inspired them to benefit from the current buyers’ market and acquire one additional property in Camposol Golf.

Barry (51), from County Antrim in Northern Ireland, carries on the tale, “Spain was an obvious choice for us as it’s only a couple of hours by direct flight from Belfast, has got superb infrastructure, a welcoming population as well as culturally not too dissimilar within the UK. On the other hand we didn’t desire to make the error of purchasing in a built-up Torrevieja or even a filled Costa del Sol so alternatively selected the up-and-coming region of Mazarron because of its golf, countryside and beautiful coastline. After six years holidaying at the house in Camposol Golf we’ve didn’t have any regrets.”

 

“I’m due to retire this year from my position in Health Care Management and we’re keen to have as much as nine months annually in Spain.” Barry carries on, “Our youngest, Lewis, 14, entirely enjoys the Spanish life so would feasibly enroll in one of the excellent local schools and gain the asset of becoming proficient in a foreign language. When announcement emerged of the Paramount-branded Amusement Park for 2014 in addition to the opening of Corvera International Airport in 2012 – both not even half an hour’s travel from Camposol Golf – it became very clear that we really should purchase another home. Current selling prices really are superb and we’re seeking to pick up worthwhile Paramount-fuelled rental profits in the long-term.”

 

The Hamiltons currently possess a 3 bedroom ‘Rebecca’ style property purchased in 2005 for 68,000 pounds (around 98,000 euros back then) and a 2 bedroom detached ‘Fortuna’ style home with conservatory along with swimming pool purchased this year for 108,000 euros (about 96,000 pounds). Nonetheless they had been mindful not to invest anything without first carrying out extensive research into your Spanish property industry and also the actual property agent that they decided to do business. In the Hamiltons’ situation, Mazarron-based Mercers on both occasions.

 

Barry continues, “Buyer beware, there are lots of housing companies around displaying their wares via the internet nevertheless I found plenty to be showing overpriced homes of inferior quality in unfavorable areas. With Mercers, properties were valued accurately, based on the fact they have 28 years practical knowledge selling Spanish property, and we found the buying and legal process to be effortless and straightforward – they were nothing but precise. Finally, don’t part with significant sums of money to a company you meet once in a hotel room and then sends you on a pressured observing trip. Mercers has a fixed office in Camposol Golf, allowed the property to sell itself and our only regret is we didn’t buy our slice of Spanish sunshine sooner.”

 

Epilogue…

Actually Barry was so impressed by the way that Mercers conducted themselves that he has approached the business to be their Northern Ireland representative upon his retirement.

 

Chris Mercer, Director, comments, “I have continuously attempted to create a team based on real individuals who have also acquired property through us. This shows a level of trust and integrity that a lot agents overlook and is something that has earned us a number of awards. If the team member has actually obtained a home through Mercers, been through the entire Spanish purchase method and is content to represent us moving forward, then potential customers will be aware that they’re in safe reliable hands. With Barry leading the team in Northern Ireland, not merely are potential buyers conversing with someone who has bought two properties but they’re also dealing with a person who has amassed six years of Spanish property ownership experience. Barry is very knowledgeable about the area and can advise determined by genuine understanding.”

 

Chris will be joining Barry in Northern Ireland this autumn to go to a number of exhibitions featuring the astonishing low-price property opportunities on the Costa Cálida. If you’re in Northern Ireland contact Barry on barry@spanishproperty.co.uk and for other , visit spanishproperty.co.uk.