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Amusement Park inspires Hamiltons to double their Spanish property investment

February 21 2014 , Written by Spanish Property

Amusement Park inspires Hamiltons to double their Spanish property investment

After the Hamiltons obtained their very own holiday home in Camposol Golf on the Costa Cálida six years ago, they'd no aspirations for collecting a property portfolio. Nonetheless, a mix of Barry’s approaching retirement and announcement of a Paramount-branded Theme Park inspired them to make use of the current buyers’ market and acquire one additional home in Camposol Golf.

Barry (51), from County Antrim in Northern Ireland, picks up the tale, “Spain was an obvious option for us as it’s just a few hours by direct flight from Belfast, has got excellent infrastructure, an inviting society and its culturally not very different from the UK. We didn’t, however, wish to make the error of purchasing inside a built-up Torrevieja or even a over loaded Costa del Sol so instead went for the up-and-coming region of Mazarron due to its golf, countryside and alluring coastline. After six years holidaying at our house in Camposol Golf we’ve had no regrets.”

“I’m due to retire this year from my role in Health Care Management and we’re keen to enjoy about nine months a year in Spain.” Barry proceeds, “Our youngest, Lewis, 14, entirely enjoys the Spanish life so would possibly sign up for one of several remarkable local schools and gain the asset of getting proficient in a foreign language. When news came of the Paramount-branded Theme Park for 2014 in addition to the opening of Corvera International Airport in 2012 - both not even half an hour’s drive from Camposol Golf - it became very clear that we really should invest in one more property. Current prices are generally remarkable and we’re striving to pick up profitable Paramount-fuelled rental profits in the long-term.”

The Hamiltons now possess a 3 bedroom ‘Rebecca’ design property purchased in 2005 for 68,000 pounds (around 98,000 euros back then) as well as a 2 bedroom detached ‘Fortuna’ style home together with conservatory along with swimming pool purchased this year for 108,000 euros (close to 96,000 pounds). However they were being watchful to not part with little money without first doing considerable research in to the Spanish property industry and even the actual property agent with whom they chose to conduct business. In the Hamiltons’ circumstance, Mazarron-based Mercers for both occasions.

Barry proceeds, “Buyer be careful, there are many real estate organizations out there flaunting their wares on the internet nevertheless I discovered plenty to be displaying expensive homes of inferior quality in undesirable areas. With Mercers, homes were valued accordingly, based on the fact they have 28 years working experience marketing Spanish property, and we found the buying and legal process to be smooth 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 permanent 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… In fact 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 produce a team based on real those who have also purchased property through us. This shows a degree of trust and integrity that many agents overlook and is something which has earned us numerous awards. If the team member has actually obtained a home through Mercers, been through the whole Spanish purchase method and is happy to represent us moving forward, then potential buyers will be aware that they’re in safe dependable hands. With Barry leading the team in Northern Ireland, not only are potential buyers speaking with a person who has obtained two properties but they’re also working with someone who has amassed six years of Spanish property ownership experience. Barry is very experienced in the area and can advise according to genuine understanding.”

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

On the Market for Just 59,950 euros: Ref RED77 - ‘Rebecca’, Camposol Golf, Mazarron, Murcia

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