Why are some houses in the old town so cheap?

Monika wrote on Fri May 28, 2021 11:11am:

I am intending to relocate to the Arcos de la Frontera area this summer and have been looking at house prices in Arcos. There are quite a number of houses in the old town and at the edge that seem incredibly cheap, like around £60000 for a 2/3 bedroom house. It even looks like they are generally...

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... in good condition and need barely more than cosmetic work. As I am aware that there are problems with illegal houses in Spain I am of course suspicious but can't see how these old buildings can be illegal. I wonder if anyone can offer any explanations and if there are maybe other things I need to watch out for. Many thanks in advance for your thoughts.....

Concept Architectural Workshop wrote on Mon May 31, 2021 10:01am:

Morning Monika,

I have an Architectural Practice in Chiclana and are well aware of the misleading property prices, not only in Arcos but all around Costa de la luz region. You have received good advice thus far from other members of the group, however our practice experience tells us if the price is too good to ...

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...be through, there is normally an existing planning issue or a site zoning issue. For instance is the property and building on a site permitted to be developed in the first place, or is the building currently on the property totally complaint with the current planning legislation imposed by Arcos planning authority. All these factor if not complaint 'could' result in the property being listed as 'good deal'. However if you dig a bit deeper the truth will normally surface. Furthermore, some letting agents can be slow to divulge all the important compliant planning information or can in some cases, mislead the potential buyers. This is why a good legal representative is always vital to assist you with local knowledge of the area.

We would recommend Temple Cambria based in Conil. English speaking solicitors is great experience in assisting the English speaking community in purchase agreements. Speak with Juan Antonio.

[email protected]
(+34) 617 073 669

https://www.templecambria.com/en/juan-antonio-rodriguez-garcia/

And finally if you have any other planning related queries or require a building inspection before purchase, we can offer our assistance.

https://www.conceptarchitecturalworkshop.com/

684376110

[email protected]

Regards and best of luck.

Adrian.

Jeremyc70 wrote on Mon May 31, 2021 8:21am:

Hello,

I have lived very close to Arcos since 2004 and love the area. I have seen the price of property go from being very cheap in 2004/2005 to overpriced (just before the 2008 financial crisis) and return to very cheap again. Like every location it is a question of what the market can sustain. Arcos i...

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...s generally a very poor town. Unemployment is high and wages are low and that will be reflected in property prices. For someone coming from the UK, this represents great value compared to an average UK town. Take your time to look around the area, use a good gestor to check all the paperwork and you should be fine. Good luck with your search.

Monika wrote on Mon May 31, 2021 10:41am:

Many thanks for this helpful information about Arcos. This is very reassuring and we will check out the area in due time.

Concept Architectural Workshop wrote on Mon May 31, 2021 10:01am:

Morning Monika,

I have an Architectural Practice in Chiclana and are well aware of the misleading property prices, not only in Arcos but all around Costa de la luz region. You have received good advice thus far from other members of the group, however our practice experience tells us if the price is too good to ...

Read more...

...be through, there is normally an existing planning issue or a site zoning issue. For instance is the property and building on a site permitted to be developed in the first place, or is the building currently on the property totally complaint with the current planning legislation imposed by Arcos planning authority. All these factor if not complaint 'could' result in the property being listed as 'good deal'. However if you dig a bit deeper the truth will normally surface. Furthermore, some letting agents can be slow to divulge all the important compliant planning information or can in some cases, mislead the potential buyers. This is why a good legal representative is always vital to assist you with local knowledge of the area.

We would recommend Temple Cambria based in Conil. English speaking solicitors is great experience in assisting the English speaking community in purchase agreements. Speak with Juan Antonio.

[email protected]
(+34) 617 073 669

https://www.templecambria.com/en/juan-antonio-rodriguez-garcia/

And finally if you have any other planning related queries or require a building inspection before purchase, we can offer our assistance.

https://www.conceptarchitecturalworkshop.com/

684376110

[email protected]

Regards and best of luck.

Adrian.

Monika wrote on Mon Jun 7, 2021 9:55am:

Thank you Adrian

I had wondered about illegal additions to old buildings which will most likely be listed....as others also said to have a good legal person and a watchful eye should hopefully prevent buying into trouble.

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Thanks again