Quote:
Originally Posted by jtpornstar
I'm afraid that you have a big fat ZERO chance of getting a loan on a property that isn't urbanized....banks here are no longer in the mortgage business. Also keep in mind that those country properties cannot be changed in regard to size, they cannot be larger than the original build (so no swimming pool/tennis court) and cannot be built upwards. For many of the large fincas you see as ruins, you'll need to actually farm (register as a farmer!) at least 10,000 m2 in order to start restoration. There is a reason most are empty and just falling down.
And one other important consideration....absolutely no chance of an internet connection!! You'll be stuck with satellite, which is beyond the realms of frustration with huge lag times.
Sorry to say, but a webmaster's got to live urbanized.
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yeah, I've noticed a lot of places falling down, but I knew people that built in places I was surprised they actually let them. On cliffs right along the sea front etc.. Some of them bought old houses and added pools and so on, others built from scratch. I guess it might depend on the region or having the right "connections".
I might just go the easy route and buy a house that's ready to move into. If I wait a little longer and the prices keep dropping, I think it won't be a problem.