Real Estate in Los Alcazares, Spain
Last updated on Apr 03, 2023
Summary: The most desirable neighborhoods in Los Alcazares, Spain are Los Narejos, Los Urrutias, and La Torre. On average, a nice 2 bedroom home in Los Alcazares costs around $150,000 USD, while a nice 3 bedroom home costs around $200,000 USD. These properties typically include modern amenities such as air conditioning, private terraces, and swimming pools. Foreigners are allowed to purchase property in Los Alcazares, however, they must obtain a NIE number (Foreigner Identification Number) in order to do so. The best way for an expat to search for a home to buy in Los Alcazares is to use a real estate agent or search online for properties in the area. It is also important to research the local market and compare prices to ensure that you are getting the best deal.
How do I find a place to live in Los Alcazares?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"I found an excellent mooring for my boat on the Mar Menor free of charge, then looked for a house with in 4-5 mins walk, heaven," remarked one foreigner who made the move to Los Alcazares.
"When looking for a place to live in Los Alcazares, there are several options available. You can look for rental or purchase options, or explore real estate agents in the area. Property websites such as Rightmove and Kyero can also be useful to search for properties in the area. Additionally, it can be beneficial to network with local contacts in Los Alcazares to see if they know of any properties available to rent or buy. You can also take a look at the local town hall website or local newspapers for any property listings," explained one person living in Los Alcazares, Spain.
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What is a typical expat home or apartment like in Los Alcazares?
"Two bed terrace house with double garage 300m from the sea. Most expats look for 2-3 bed apartments or detached/semi-detached houses. I advise when doing business go to Spanish companies and keep away from British companies in Spain whatever you are buying," said one person in Los Alcazares.
"A typical expat home or apartment in Los Alcazares is typically a modern furnished apartment or home with a pool and/or garden, located within a resort-style, gated community. Generally, they have 2-3 bedrooms, one or two bathrooms, a large living area, an equipped kitchen, and a private outdoor area that overlooks the golf course or pool area. Many apartments come with balconies offering stunning views of the Mar Menor or the Mediterranean Sea. Air conditioning is usually provided as standard, as well as access to concierge services and a gym," said one expat who made the move to Los Alcazares.
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What is the average cost of housing in Los Alcazares?
If you are thinking about moving to Los Alcazares, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Lower, though prices have risen they are not as high as the U.K. around 150- 300,000€," said one person in Los Alcazares.
"The average cost of housing in Los Alcazares varies depending on location, size and condition of the property. Generally, prices start at around €500 per month for a one-bedroom apartment, with larger properties and villas costing significantly more," said one expat who made the move to Los Alcazares.
Should I buy or rent a home in Los Alcazares?
If you have not spent a lot of time in Los Alcazares, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"It ultimately depends on your long term plans. Buying a home is the more expensive option, but it allows you more stability in the long run. Renting can be less expensive and it allows more freedom if you need to relocate. Consider things like total costs, availability, location and your long term intentions before making a decision," said one person in Los Alcazares.
What do I need to know when buying property in Los Alcazares?
When we asked expats what advice they would give a foreigner before buying a property in Los Alcazares, they said:
"When buying property in Los Alcazares, it is important to research the local area and the property market. It is also important to understand the legal requirements for purchasing property in Spain, such as obtaining a NIE number and a Spanish bank account. It is also important to consider the cost of living in the area, as well as the availability of local amenities and services. Additionally, it is important to consider the local climate and the potential for rental income from the property. Finally, it is important to ensure that the property is in good condition and that all necessary paperwork is in order," said one foreigner living in Los Alcazares, Spain.
Are foreigners allowed to own property in Los Alcazares?
When we asked expats what advice they would give a foreigner before buying a property in Los Alcazares, they said...
"Yes, foreigners are allowed to own property in Los Alcazares. The Spanish government has made it possible for non-residents to purchase property in Spain, and the process is relatively straightforward. Foreigners must obtain a tax identification number from the Spanish tax office, and then they can purchase property in the same way as a Spanish citizen. The only difference is that the foreign buyer must pay a 3% tax on the purchase price of the property," remarked one foreigner who made the move to Los Alcazares.
What appliances are typically included in a rental?
We asked foreigners in Los Alcazares what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Los Alcazares typically include a refrigerator, stove, oven, washing machine, and dishwasher. Additionally, some properties may include air conditioning, a microwave, and a television," wrote one expat who made the move to Los Alcazares.
Additional Information about Searching for a Home in Los Alcazares:
We asked foreigners in Los Alcazares what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Los Alcazares by looking online for real estate listings, contacting local real estate agents, and searching for rental properties on websites such as Airbnb. Additionally, expats can look for local newspapers and magazines that may have listings for homes in the area. Finally, expats can ask friends and family who may have connections in the area for advice on finding a home in Los Alcazares," said one in Los Alcazares.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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