A development of terraced houses on the beach front, with a swimming pool and spacious gardens. This sounds like a place in many people’s dreams, but for about 50 people who live in La Borboleta development in Manilva the maintenance of this residential complex is becoming a real nightmare.
So many people have failed to pay their community fees that, after already having had to cut back on the number of hours spent on maintenance work and gardening, the water supply could be cut off within a few days, says property administrator Rafael Mena.
Around 56% of British people enquiring about the Spanish property market are actively interested in purchasing opportunities according to a study by Spanish real estate agent Inmoaction with 27% of respondents commenting that they would buy a second home in the country.
Results from the survey of more than 1,500 people highlights that the decline in prices in the Spanish property market is increasingly attracting British buyers looking for a well priced dream home.
‘While the data shows that Brits seem to be showing a great deal of interest in Spanish property, we are seeing this interest translate into action,’ said Marc Pritchard sales and marketing manager of Spanish house builder Taylor Wimpey España.
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