Wed, 07 Feb
|Spaces Cabo Valencia
Real Estate in Valencia Series - Session 1, Renting vs Buying
Due to its popularity this talk is repeated from last year!
Time & Location
07 Feb 2024, 15:45 – 17:00
Spaces Cabo Valencia, Plaça de Rodrigo Botet, 1, Ciutat Vella, 46002 València, Valencia, Spain
About The Event
COORDINATOR: Rebecca Cabo (+34 662332854) (rebecca@spacescabo.com)
LOCATION: SpacesCabo office Plaza Rodrigo Botet 1, Door 1, (near Federal Cafe) No elevator, office is up one flight of stairs
TIME TO MEET: 15:45 start at 16:00 – 17:00 (½ - ¾ hour talk/presentation questions after/drinks)
COST: No Charge
WHO CAN ATTEND: IWCV Members and partners (Maximum: 16 people)
Real Estate in Valencia are talks on the real estate market in Valencia and Spain. On occasion there will be guest speakers on some of the subjects. The talks are to be informative and educational. The talks are ½- ¾ hour with questions to follow.
Rent vs Buying – Wednesday, February 7
Rent?
- Small capital investment
- Limited ability to refurbish
- Law provides tenant protection
- Flats not very modern, few have aircon/central heating
- Furnished/unfurnished
- Good starting point
Buy?
- Ability to perform a substantial reform,
- Create a space that you want to live in
- Preservation of capital
- Lack of liquidity
- High purchase taxes /stamp duty (10%)
- Low on-going property taxes & low homeowner fees