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This all sounds like this ad, which I saw last week and can’t stop thinking about.
About £45k for 2.5 acres up in the mountains near Valencia. Beautiful little town and a gateway to amazing mountains riding.
But no water or electricity and the building would have to be torn down and replaced, if that’s even allowed!
But still I dream. Especially as I just got a severance package that would cover a good percentage of it right off the bat.
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beseku
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Our pals bought a smashing house in the Andalusian mountains for €100k 15 years ago. They’ve tried to sell it a few times without success. Most recently at €60k.
Their advice is to just rent something.
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My little sister has just bought something very similar in the same location (she actually lives out there).
Would recommend.
Hefty
chrisbmx116
Do it.
My folks bought their first place in France for 200.000Fr. 100.000Fr mortgage on the property. £10k remortgage on their UK home. Place was a wreck once you started looking, cost loads over the years, and had several fundamental flaws.
By the time they sold it they just about broke even so not a sound financial decision. However, it was a wonderful home and great experience. Sometimes it's important to remember home and life is meant for living.