PRESENTS
PRESENTS
I guess you want to know who we are? That’s pretty simple really. HMR Holidays is owned and run by the Roche family.
Irene & Howard had been holidaying in Moraira for years before they started this business in 2008. They started with only a few properties and then grew steadily over the years.
Iain joined the business in 2012 following his move from the UK to Spain to assist with the continued growth.
HMR Villas have been assisting clients with sales and purchases for over 10 years. We have a vast knowledge of the area and the also very close relationships with all local agents.
Our close relationships mean that we have the ability to search for properties that are advertised with all agencies, saving you vital time and effort dealing with multiple companies.
As sales commission are paid by the seller and included in the price, there is no additional cost to you for working directly with us.
Moraira is one of the most idyllic towns on the entire Costa Blanca, and perhaps beyond! It has long been a secret of wealthy Spanish and international clients that want the luxury of Marbella, but without the flashy pretense. Perfect for families of all ages, Moraira provides a bubble of luxury for people in the know!
Situated approx. 1 hour North of Alicante Airport and 1 hour South of Valencia Airport, it is ideally located for connecting flights from the UK.
The town mainly consists of affluent Spanish and European clients. Most of the properties here are independent villas with pools, with the main town comprising of apartments. This gives the town a more residential feel, opposed to other resort style towns on the Costas.
Moraira enjoys 3 main Blue flag beaches, all perfect for families. There are water sports ranging from kayaking to surfing, there’s something for all ages of the family.
The main town has around 100 restaurants and bars that can be enjoyed all year round, with cuisines to suit any taste! From traditional Tapas to modern European and beyond.
Properties prices in Moraira did fall during the recession, but a very small amount in comparison to the rest of Spain. Some areas of Spain saw property prices fall as much as 50%, but Moraira held firm with loses of around 15-20%. This was mainly due to the wealthy clients here that had purchased in cash, as opposed to financing their purchases.
The prices have slowly risen to the point where they were from almost 10 years ago, and they continue to rise steadily at a rate of 3-4% year, making it a perfect capital investment for your money.
In addition to the capital growth, you may also decide to rent you property.
Whilst we do not suggest the purchases are in comparison to investment property in other European capitals like London or Paris, where the return of up to 11% can be achieved, we do enjoy returns of around 4% for the right properties.
This can come as a welcome income for owners that do not utilise their properties all year around, providing money to cover maintenance costs and a little extra to enjoy when they visit.
The price agreed between the buyer and the seller for the property. Includes the agent's commission.
Local taxes apply for property purchases and are paid by the buyer.
They are usually around 10% of the purchase price.
Lawyer and Notary fees are usually around 1-2% of the purchase price.
Find your dream property and make an offer – negotiate and agree on a price with the seller.
Once price agreed you pay a €3000 deposit to remove the property from the market and reserve. This is normally held by the selling agent.
You then have approx. 14 days to pay the 10% deposit – in this time you should have all the appropriate searches completed by your Abogado and a sales contract ready to sign. This time can vary depending on circumstances
Pay the 10% deposit (less €3000 already paid) and sign the private sales contract.
Arrange a convenient time for you and the seller to complete at the Notary
On the day of the Notary, you will pay the remaining balance and sign for the house. From this point on the house is yours!
This is a very simple step and can be opened with a Passport. We can help you set it up and recommend local banks.
Foreign citizen identification number - Obtained with assistance from your agent or lawyer from the local authorities.
Available funds in cash or via a mortgage.
You will need an Abogado (lawyer) to facilitate the sale and check all the paperwork.
Note – When purchasing a property with a mortgage it is always advisable to seek guidance form your bank or lender prior to commencing your search. They will be able to guide you on the amount you are able to borrow. Remember, if you put a deposit down and then fail to find the required funds, you will lose your deposit unless this is stipulated in the deposit contract.
Just a casual chat to see how we can help you find the property of your dreams.
"We engaged HMR in June 2018 as our property agents in Moraira where they provided a full service of property advice, search and viewing, through to price negotiation and purchase support during every stage of the Spanish legal process.
We now have a beautiful villa we plan to visit regularly and let out in 2019 through HMR’s Fully Managed service at other times. The advice on income and pricing, together with maintenance and renovation has been invaluable and we continue to feel like we are in very experienced and reliable hands.
It has been an absolute pleasure dealing with HMR Villas and they continue to go above and beyond that expected – Thank You ”
- David and Andrea, proud owners of villa Vesper
Head to our sister company, HMR Holidays, for high-quality holiday rentals in Moraira.