TheRightBack wrote:
May I ask:-
Is this in any way feasable?
I've seen reasonably decent looking apartments in PDC for 70.000 Euro.Is this the going rate?
Is there an outside chance of renting off the apartment in spare weeks?
Any replies greatfully received.
I think you first need a reputable estate agent (plus a lawyer).
John Kileen from 'Lanzarote Investments' is good (
http://www.lanzaroteinvestments.com/). But it might be no harm to compile a list of estate agents in advance of your arriving to do some on-the-ground research. You can compile the list before you arrive and then visit a few before deciding on which one you want.
The internet connection shouldn't be a problem - I'd again ask the estate agent to help sort this out. A good estate agent will point you in the right direction
Re: renting the apartment out in spare weeks:
1. I'd say letting it out to holiday-makers would be your best bet. Though I'm not sure how easy this would be. Have a look at the Owners Direct website maybe (
http://www.ownersdirect.co.uk/).
2. It'd be hard to let the apartment out to a resident since they'd have to move out for the winter months plus whenever you're around.
3. Would you really want someone living in your "home"?
Anyway, hope this helps and good luck with your new venture
