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Old 07-24-2007, 05:16 AM
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Join Date: Jul 2007
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Default Is there a lot of money to be made renovating properties in Southern Spain?

Thought i might sell up in the UK but buy a flat and rent it out. Then move to Spain, have a holiday then buy a small house to live in, also buy a wreck - do it up and sell it on - then buy another etc etc Seems like a good plan. I have £150,000 to spend in Spain. Good idea? Get outta the Rat race in England! wahey!
Friends of mine bought a delapidated townhouse for £15000. spend a year doing it up -sold it for £100,000. now they are on to the next one. buying in the mountain villages an hour from the coast houses are around this kinda price.
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