Real estate agents in Torremolinos

Hereby a selection of real estate agents in Torremolinos. It is not possible place them all. The following estate agents will show only a small amount of all the properties in Torremolinos.

Have a look and see what they offer.

An agent which is listed below doesn´t mean it is a quality real estate agent. The list is just to provide some help. So judge yourself about there quality.

Solanina
Danza Invisible, La Nogalera,
29620 Torremolinos (Málaga)

Universal Inmobiliaria
Avenida Palma de Mallorca 27
29620 Torremolinos (Málaga)

Inmocostadelsol
Avenida Carlota Alessandri, 150
29620 Torremolinos (Málaga)

Intercostainvest
Calle Las Mercedes 13
29620 Torremolinos (Málaga)

The real estate agents above all have websites in English.

Buying property with no real estate agent in Torremolinos

Just like almost everywhere in the world. There are nowadays lots of possibilities to find real estate in Torremolinos, Costa del sol, Spain. Besides local news papers like El Sur or El Sur in English The main search source to find your property is internet of course. The following websites can give you an impression what properties are for sale in Torremolinos.

Comprarcasa.com
www.mundoanuncio.com
idealista.com

It is always smart to have a look with a professional. Don´t try to buy real estate without help.

Top 3 mistakes made by real estate investors

Real estate investment is perhaps one of the most lucrative forms of investment today. Especially on the Costa del Sol and Torremolinos, because the renting out possibillities are great. But it is also equally risk bound especially when one is not well versed with the trends and nuances of the real estate market.

Knowing the most common mistakes made by real estate investors will help one steer away from making similar mistakes and ensures good return on investment.

Bankrate.com has put together the top 10 mistakes after speaking to established, full-time real estate investors and other professionals involved in real estate investment such as bankers.

1. Not planning ahead
Lack of a proper plan is the biggest mistake made by novice investors. Finding a house after forming a proper investment strategy is the right way instead of looking for a house to fit the plan. Many make the mistake of buying a house because it seems to be a good deal and then try to see how they can fit it into their plan.

Instead of buying a house and thinking one can plan in due course, investors should concentrate on the numbers and try to make offers on multiple properties. This will ensure a good property that not only matches their investment model but also works out well with the numbers they had planned for.

2. Believing you can make money quickly
The second major mistake that real estate investors make is to think it is very easy to get rich in real estate. This is only a myth. The reality is that investing in real estate is a long-term project.

3. Doing it single-handedly
To become a successful real estate investor, one needs to build a team of professionals to assist in deals. This would ideally include a real estate agent, an appraiser, a home inspector, a closing attorney and a lender.

So before buying your spanish real estate in Torremolinos at the Costa del Sol....have a look first at the ten most common made mistakes at Bankrate.com

Cannot pay the mortgage of my property in Torremolinos!

cannot afford to keep the mortgage payments up on a property. What possibillitys are there for real estate owners. What bank is flexibel in Torremolinos and what bank is not.

First of all there is a option called ´Dacion en pago´ whereby you come to an agreement with the bank for them to keep the property in return for canceling your debt. While it seems like an attractive solution, there are several points to bear in mind before considering it as an option:

1. The banks are not obliged to offer you this option and it will vary significantly from bank to bank and even from branch to branch.

2. It is an agreement, therefore even if they agree to take the house in lieu of payment of the mortgage, they may not agree to cover any taxes that are due.

3. Even if they agree in principal, it can take many months for them to formalise the agreement.

It can be a very good option if you get agreement from your bank as although you would ownership your property, you would not be put on the bad debtors list. Some banks also let you remain in the property on a rental basis, so that you would not even have to vacate. If you default on the payments or have your house embargoed it could prove very difficult to get any credit in the future.

The first step would be to speak to local bank in Torremolinos, where you have the mortgage, to ask about all the options that are available to you, including the ´dación en pago´. If it is not an option, they may offer other alternatives that will help make the mortgage payments more affordable.

I have heard that Unicaja in Torremolinos is one of the most flexibel banks when it comes to difficulties with your mortgage or your property.

I hope it doesn´t happen ofcourse and that you all will live long and happy in your choosen real estate in Torremolinos or elsewhere on the Costa del sol.