WHAT THEY DON’T TELL YOU- Buying a Property Abroad! Spain, Canary Islands, Tenerife ☀️
Vložit
- čas přidán 28. 02. 2023
- Is it really a dream come true owning property abroad? We discuss what the TV shows don't tell you about buying and owning a property abroad, in particular Canary Islands Spain.
VISIT THE KNIGHTSTRIDER WEBSITE for discounts and information on Restaurant/Bar recommendations, Excursions and more: KnightStrider.com
* If you wish to support the channel or buy me a coffee: paypal.me/theknightstrider
* For KnightStrider official Merchandise & T-Shirts: theknightstrider.com/shop/
* Instagram: / the_knightstrider
* Instagram for Laura: / lillaura_123
* KnightStrider Facebook Page: / theknightstrider
* Sponsorship/promotion Enquiries: hello@theknightstrider.com
FOR CAR HIRE IN TENERIFE: www.sanasty.com (my company)
#Tenerife #TenerifeVlog #DailyVlog #LifestyleVlog #TheKnightStrider #LosCristianos #TenerifeLifeStyle #TenerifeSouth #TenerifeWeather #CanaryIslands #CanaryIslandsVlog #TenerifeHoliday #TenerifeExcursions #CanaryIslandsVlog #TenerifeHoliday #TenerifeSur #property #properties #propertyabroad #propertyspain #canaryislandsproperty #tenerifeapartments #tenerifeaccomodation #aplaceinthesun #propertyinvestmentspain #propertyinvestments #livinginspain #tenerifeapartment #tenerifeproperty #spain #canaryislandsnews
it really bothers me that people dont look after other people's property and even if you have kids thats no excuse, i taught my daughter to have respect and when renting i keep my tenerife apartments as clean as my own home, its sad because it makes the rest of us look bad.
We go in private rental appartment and I always leave it as I find it. I got a lovely txt from the owner when I left this year saying how nice it was to find the appartment clean and tidy
I’ve just came across this vlog and I’m 5 minutes in and I can’t tell you how much I appreciate you both being so honest about buying in the canaries. We’ve bought and sold 3 properties in the past in Tenerife.
Live in the complex for 6 months befor you buy , you may find your apartment is next to a generator...very loud ..looking over the pool may be nice But the noise ! The apartment at the back looking over the golf course maybe the better option..check out the service charge ....
Easy to buy ..hard to sell ..and they will built on that view....maybe just rent ..neighbours become a problem ..just move ..
The TV shows are for the purpose of entertainment, many of the people on there don't up buying, some have no intention of buying. Once an offer is accepted it's treated as though the purchase is completed, yet this is far from the case, around a third of property sales fall through after an offer is accepted. They tend to say things like 'We want to be near a town so that we can integrate with the locals,' then they only looks at properties in urbanisations aimed at foreign buyers. They tell the presenter 'It's been my dream to move to Spain for 15 years, yet when asked if they've made any attempt to learn Spanish it's normally 'no but I'd be happy to go to classes.' They generally don't know about the buying process, or taxation. They often think that they can rent out the property remotely yet have no idea about what's involved. Sometimes they haven't even visited the country or the area that they want to move to & invest a life-changing sum of money into, which is simply unbelievable. I'd suggest that many of the people on these shows would be better off renting in a few different areas first to get a feel for the place, and to speak to different people about the realities of what their new lives would be.
Look at that sky on the background though. I'd make a lot of sacrifices to live on a place like that.
One final thing. you mentioned ,committees. in my entire life i have found anywhere there is a comittee it is usually be for the benefit of themselves.
Well done I have this same problem when talking to people. It is not all wine and roses.
I have never heard so much TRUTH. Excellent. As an ex pat (but not in Spain) of 17 years I concur with all the points made. One major thing I would add, beware buying on a communal site where people don't pay their communal fees or pay late .. and the fact that some properties that are mortgaged - which people just walk away from when times get hard ...that end up being repossessed by the banks. In my experience, the banks do not pay communal fees or towards contigency/sinking funds. Buyers should try and contact the Committee Manager before buying if they can. As much as I like a Place in the Sun, and as much as I love living abroad, it should come with a public health warning! People need to watch this video first and do their homework! I know many that have lost thousands.
Check, check again and do your due diligence, english estate agent showed us a property at 240,000€ spanish estate agent showed us the same property 190,000€..... selling an apartment a well known lawer in the south tried to con us out of 3,000€...we pulled out and rectified the minor paperwork detail for 250€..don't be bullied or blind sided by slick Lawers .if your not confident take someone with you who is...don't be afraid to walk away and think things through.
Great eye opener your video for those people intending to buy in the Canaries. I originally came from Las Palmas to London in 1968 and have lived in this lovely city ever since but if I ever decide to go back to my unforgettable island where I was born your video has made me a lot wiser about owning a property in the Canaries. Thank you
the pool thing is spot on. we bought our house in crete with a pool (private residence) and it costs a small fortune even when everything is running smooth. we will eventually sell and downsize as in reality this propery is a bit too big for us, and when we do the pool will be a great selling point but our next place will absolutely not have a pool. as you said the sea is the best place for a swim, and unless you have a heated pool, youre not going to use it other than when you would use the sea. our local beach is less than 10mins from the house by car
Thank you guys for your time and effort into making this video, so so important to get real world information and you have opened my eyes as to what I thought I needed versus what I actually need.
A big thank you to you guys to uncover all the hidden topics they fail to tell us. Amazing job. Very educational.
Very informative vlog. Its so good to see what the other travel tv programmes don't show you. This should be watched first if anyone is thinking of buying a property abroad. 👍
Thanks for this- very timely for us as we are starting the process to buy in mainland Spain.
There’s nothing that’s put me off but I’ve learned loads. (Especially the aircon/pool. Tourist v residential thing.)
Finding this really interesting,thanks both👍
Very informative! Would love to see a video based on the basics of moving to Tenerife and your experience. Me and my partner are looking to move over and don’t know where to start ✨
Hi Andrew, Carole from Cumbria here. Thank you so much for this vlog. Fantastic information you both made it so much easier to understand, I downloaded a brochure about it but it was full of technical jargon I didn’t quite follow. Brilliant information.
Thanks Andrew & Paul that was very interesting and your right in what you say they never show the down sides on these holiday programmes that i watch constantly 🥰
Brilliant vlog these programs make it so easy to buy a apartment but they never take you to were you won't thanks Andrew and Paul 👍👍👍
Excellent vlog boys very informative, a great insider on buying abroad 👍👍
great info both of you,thanx for your honesty
Really enjoyed your honest and accurate opinions of buying property and where the expenses go. It is also interesting for people who wish to rent an apartment. Thank you.
What a great, informative video. Highlighting both the pros and the cons. I’ve owned timeshare at Anfi in Gran Canaria for the last 13 years, and whilst the maintenance fees have been going up, this video makes me appreciate where some of the money goes.
With Brexit and constraints on time allowed abroad, goodness knows if I’ll ever own abroad.
Brillant vlog gentlemen, you have given me a great insight before i purchase a property next year.Eyes will be wide open.Brillant.
Many thanks for this video Andrew and Paul, I've always found it frustrating how the TV show don't give all the details, ie costs and residential status etc.
I'd be interested in some ballpark figures for the ongoing costs, ie service charges, taxes and energy bills etc, obviously they will vary with the area and property etc.
Loved this vlog, very informative, i've wanted to own a place in Tenerife for years, but in the real life i know there is no chance. This has certainly opened my eyes to all the 'extras' you have to pay for. I love to watch A Place in the Sun, but now i will see it all in a different light. Thanks again i'm sure a lot of people will be helped through this.xx
Amazing watch - as always 😊
That’s was really good information thank you ❤
Brilliant sensible information - thanks
We bought our apartment in November in Royal Palm. All went smoothly with a good estate agent, solicitors and currencies Direct. Oasis management letting it. As you say too make sure you book your weeks out as it is busy
Your dad is one of those people I could listen to forever and never get bored. Such a rich personality and a joy to listen to. Reminds me of my grandad who's sadly no longer with me.
Thank you for that lovely comment Mike !! It means a lot to me !!
Brilliant thanks for the information
THANK U SO MUCH HONESTLY & GENUINELY EXPLAINED....
Great information thank you both 👍👍
Great information. Especially the up side and, like you say the down side that you need to know before buying.
Well done guys, great vlog. As a EX Florida villa owner I’ve experience the good and the bad
Having lived in the States & recently bought a place in Fuerteventura, this is an amazing video with some invaluable advice, thanks lads.
Got to say this is the best vlog you've done
So helpful! Thank you gentlemen 😊
Cheers for the video it's really brought me down to earth
Your best video yet very interesting and well put together.
Very well done! Because a lot of people see only the price but they don't see or think further. Also it's better that you speak the language.
You really made a very realistic vlog!
Just how it is with all troubles and costs you can have.
Tenerife is very nice and I prefer to come every year at the end of the year in a nice hotel without having the troubles of an own property 😉
Great VLog. Will use all the pointers when i buy a property in Tenerife. Thanks guys.
For our last stay at Adeje I was specifically looking for a balcony in the full shade all day, cause my partner was in work from home mode, and he indeed enjoyed working from the shaded balcony without screen glare or becoming hot from sun, he never even used that sticky sunscreen. Also laptops get very very hot on the direct sun and that slows down anything you do on it.. There would be no way to work all day on sunny terrace /balcony. Remote workers would totally rent a place with no sun if the have to match UK working hours.
Great information & advice x
Really informative guys! Looking forward to staying at Royal Palm Apartments shortly!
That was really interesting. 😊 not thinking of buying but lots of things I wouldn’t have known about
After buying a number of years ago, and enjoying in La Caleta and Del Duque, now sold, what agents don't tell you is that the same property can be for sale with other agents at different prices. Also when showing you around the agent may say 'this is the last property on this complex for sale', what they really mean is it's the last one and was probably the only one with them, that's for sale, other agents may be selling other properties on that complex. You and you're dad are doing a good job.
Great point. I didn't realise that. 👍
Well done knightstrider and pa this is top top stuff and essential for those many people considering these things
Im saving this great vlog for later
It's awful Andrew that some people have no respect for anything in life. This was such good advice. Giving people food for thought. Thankyou. 🥰🌞🥰xxx
when u see it on tv everything sounds brilliant the tv presenters make it sound all great
As a person that lives here, in Tenerife, I want to say that locals are suffering the mass arrival of people that comes to the island. Such a demand is making rents unaffordable, and the public services are collapsed. We have thousands of cars and so unbearable traffic just because the Gouverment does not regulate anything.
If any person wants to come to live here I'd say please don't. This is not a paradyse anymore, it's becoming a Big city, this is loosing its atractive and there are more and more inequalities and poverty.
We bought a property in Cyprus. It was the worst thing we ever did. It was an absolute nightmare. We actually lost thousands of pounds. Never ever again. Also you will always be in the wrong and they will always defend their citizens and banks !!! Rent long term if you want to live abroad !!!!
Invaluable information guys! Thanks for sharing👍
Thankyou for your vlog lads, excellent.
Very good and honest blog
Check inheritance rules too…as overseas have different rules even with a will it can be difficult….
Fantastic advice, thanks.
Excellent vlog,very informative. Love royal palm stayed in a few different apartments, and your right.
Some are covered. Found the right one and am sticking to it.
Didn't realise Garvey was an international property Guru..
Tenerife, Florida, Liverpool
The lads done well 👍
Loved this 😊
Thank you for bringing this topic up. It's been my dream for many years to buy an apartment from Tenerife. Compared to prices in Finland, where I'm from, Spanish and Also Tenerife apartments seems to be cheap. But it's good to know specially about the touristic side if it's residential area or your own.
I'm now living here in Tenerife in a second airbnb apartment and so far everything' gone well but I totally agree that it's VERY hard to find apartment at the moment, at least with a decent rental price. It seems that at the moment you'd have to have way over 1000e to get even a small studio and it's not only in the south.
Great vlog very informative 👍👍
Excellent video 👍 useful info
Very helpful, thank you.
Golf del Sur is a great place to buy at the moment
Great video! Thank you! I was searching for some information like this for a really long time. It would be nice if you do more videos about owning a property on the canary island.
Well done guys. There are so many programmes, real estate offices that will always paint the rosy picture. Having lived in Spain for quite a few years on the mainland, it’s not as rosy as it is depicted. Lots of taxes also to boot. When people go on holiday they always say it would be nice to live wherever they may be. The reality is low pay, high unemployment in Spain particularly and what employment there is often seasonal.
Well done for highlighting it. Of course since Brexit not quite as easy to come and live here now as it was.
Great vlog very informative thanks for doing this Striders
Thanks both
Such an informative vlog saw Paul not garvey well done andrew and Paul xx
Really interesting! Enjoyed that
Just watched you and your dad really enjoyed it full of info. Makes you think. Good chat cheers 🍻
Great to hear from people that have done it.
Hi Andrew it's good to know all these things 👍
Very informative guys, Thankyou both
Dont forget, very important to have a will drawn up over here and update anything at home.
Only just watched this, really informative, thankyou very much.
Good to see Rupert Murdock is still working hard
Rupert the BILLIONAIRE 😉👍🏽
My partner bought new casa off plan, North of Alicante, So many problems ! From terrible bodged workmanship and later finding out that her access road crossed private property ! She had to buy land off a neighbour to access the casa ! Also she had to spend thousands on a new sewage tank as it didn't meet new EU regs. The problems are too numerous to list ! It also got broken into so many times while she was away.
Very interesting and informative
Great video
Came over as warm and genuine
Ty
Wow ... great info guy s ,
eye-opening information !!!! Thank you very much.
Our pleasure!
Very straightforward and honest information cheers gents
Our pleasure!
Great video guys 👍🏼
Really enjoyed that vid as someone whose looking to move over in a few years it was a real education into what’s expected , thank you
Thanks guys great vlog
Interesting and informative
Interesting video very good tips
Great vlog guys
Brilliant 👏 👏 👏 👏
One of your best ever vlogs thanks.?we nearly bought a one bed on royal palm after knowing loads of residents on there. It was 2019 August a one bedroom, our friends that have multiple apartments on there said wait and see because of brexit. Brexit!! Who would have thought we’d have Covid, we would have needed to rent out to pay for it, so given that there was a travel ban, thank goodness we didn’t.
Very informative video. I am thinking about buying on costa del sol and was undecided on the residential versus touristic question. Hadn't realised that there are no tax breaks for non residential owners of touristic properties. That, together with the potential high cost of wear and tear from renting, has me thinking it's better to go residential and enjoy it for myself, friends and family. Thanks for the info.
Costa del sol is great. Short cheap flight. Handy train from malaga Airport.. Fuengirola is my favourite
Great video you two It was just like the program "Through the Key Hole " !!!👍👍
I remember advices from another video - do not own a swimming pool and do not own a boat :) I thought boat to be mandatory in case of an earthquake you can fast leave the island …but I know they are extremely rare in Tenerife:)
You guys are really funny. Over for a quick R&R at Play Paraiso Sunday, thought would try something different.
Very informative video, loving the references to APITS, as we know big sales pitch, you think they would do a follow up show that was informative a sort of what happened next.
Always waiting for the Bingo items “Do you like markets” & “Sofa Bed”
Keep up the great work