Hi All

I’m looking to invest in a property project in Spain for capital return rather than a buy to let. To buy property/land with potential to develop/redevelop and would like any thoughts or advice.

Next Sunday I leave London for Madrid and plan to base myself there and look for property opportunities anywhere in Spain.

I’ve project managed a build of 8 new homes near London and run a letting/property management business so have some experience here but none in Spain!! Hablo castellano suficiente y voy a aprender mas en Madrid.

I’d love to hear from anyone who has experience or knowledge of:

Renovation projects
Letting in urban areas
Developing land

I’m hoping to find some opportunities and have ?125k cash and I can get private financing for the right project.

I need capital return as my long term aim is to find a place in Spain where I’m happy to live; close to a city and mountains eg areas near to Valencia, Palma de Mallorca or BCN; to find a rural property with land and potential to develop/improve; either buy existing guest house or holiday accom or turn a suitable property into a guest house/self catering units.  I love climbing and hiking hence need to be somewhere near mountains but I’d want my property to have potential for development as a type of pension.

Look forward to reading any thoughts or advice.

Cheers!
Craig