What Is Zoning in Construction?

In every county and in every city there are certain rules that refer to the building restrictions in certain areas, where the land is first put into development. This is zoning, that determines the type of construction which is to be built on the land, the minimum size of the piece of the land, and…

In every county and in every city there are certain rules that refer to the building restrictions in certain areas, where the land is first put into development. This is zoning, that determines the type of construction which is to be built on the land, the minimum size of the piece of the land, and the number of dwellings you can built on the lot.

Zoning is a feature that must be taken into consideration before purchasing a lot. You can find very useful information about the lot at the local city hall; you can also find there explanations for each zoning designation. For example, the majority of urban and suburban pieces of land designed for home construction are R1, meaning that only one unit can be built on that specific lot. R2 or R3 means that you are allowed to build a duplex or a triplex.

When purchasing a lot, consider some zoning aspects such as long term construction plans in that specific area. If a land owner that will soon be your neighbor tenants building office buildings or blocks of flats, this will negatively affect the value of your property.

Always ask for zoning guidelines, CC & Rs (covenants, conditions and restrictions, and design review guidelines. will help you figure out if you will be able to build exactly what you want, with the specific design and number of units.

Building Your Custom Home – Wood Or Steel?

When building your own custom house, you can opt for wood or steel for conventional construction. The conventional construction is the most common construction technique, using vertical studies in order to make the skeletal system for the interior and exterior walls. The studies can be made of wood or steel. The wood studs are called…

When building your own custom house, you can opt for wood or steel for conventional construction. The conventional construction is the most common construction technique, using vertical studies in order to make the skeletal system for the interior and exterior walls. The studies can be made of wood or steel.

The wood studs are called dimensional wood lumber, which has been cut to a standardized size. Wooden studies are so often met in the construction business due to the next reasons:

– It is about 30 percent cheaper than steel
– There are more specialists in working with wood
– You can alter wood-framed walls more easily
– The tools used to work with wood are more common than the ones used for steel and most framers have them (hammer, saw, nail gun, and so on)

The steel is more common in the realm of business, being used for office buildings, but it has been extended to home constructions. Steel ha a few advantages over wood:

– Steel is difficult to be damaged, it simply does not burn or split, crack or warp
– It does not expand or contract due to moisture variations, it always keeps its form
– You have less waste, only 2 percent, as compared to lumber, that is 20 percent
– Steel is the most convenient construction material, offering a great strength at a low price

As you can see, there are advantages and disadvantages for each of the two construction materials; they are equally appropriate to home construction, but it all depends on you and the landscape surrounding the construction site – they all have to match.

Why Get a PDA When Building Your Own Custom Home?

When building your own home, timing is everything. Such a great project requires scheduling and calendaring so that everything goes according to the plan. It is really important to respect the home construction time frame, especially if you obtain a custom home construction loan, as they have really strict rules related to time framing, quality,…

When building your own home, timing is everything. Such a great project requires scheduling and calendaring so that everything goes according to the plan. It is really important to respect the home construction time frame, especially if you obtain a custom home construction loan, as they have really strict rules related to time framing, quality, and the money spent for the whole process.

In order for you to successfully complete such a great project, that demands a lot of your time, money, patience, and most of the times, courage, you really need to be organized in everything, have all the things in order. The easiest way is to have your own PDA (Personal Digital Assistant). Proactive communication is a very important factor and your availability matters the most. You can not be 24/7 on the construction site, but you are needed there.

You can make yourself available with a PDA. You will be available to answer the phone when the contractors or the architect need you, respond to instant messages promptly, respond to e-mails immediately, send or receive pictures, organize everything through the various PDA applications.

Time management is the main goal your PDA was designed with. Staying in close contact with important characters when building your own home, such as contractor, architect, loan officer, and so on, requires you to have immediate access to all their phone numbers, e-mails and other contact information. You also may need important documents at your fingertips. You can always send them by e-mail and have them stored in your e-mail box. A PDA is a small handheld computer that also has calendaring and reminder capabilities, and it can also be connected to your home or office PC, transferring information.

A PDA is a device you really need to spare you from all organizing problems in the construction home process. They are not very expensive, related to all their applications and abilities, and they are a great investment, even in the long run.

What Is “Dollars Per Square Foot”?

A lot of people use the expression “dollars per square foot”, especially in the home building process. But this expression has not a broadly admitted definition. For example, a real estate agent may define it as the sales price of the home divided by square footage, incorporating the whole land. On the other side, a…

A lot of people use the expression “dollars per square foot”, especially in the home building process. But this expression has not a broadly admitted definition. For example, a real estate agent may define it as the sales price of the home divided by square footage, incorporating the whole land. On the other side, a contractor may or may not include issues like permits or financing in his way of seeing dollars per square foot.

The most important is that, when building your own home, everyone you work with in home building process should envision “dollars per square foot” exactly the way you do so that everyone has the idea of ​​what you are talking about and that everyone is on the same page with you.

First of all, define “square footage”. In this stage, it needs to include all living space: bathrooms, bedrooms, dining room, guesthouse, hallways, entryways, basement, kitchen, laundry room and so on. Then, add the square footage together.

Then, define “dollars”, the next step for determining the dollars necessary in the budget to define dollars per square foot. Do not include all the costs necessary for the home construction; lots of them need to be evaluated independently. Exclude from calculation the following: soft costs, that are the costs for plans, fees, permits, etc., land and landscaping, hardscaping and financing. Include instead the costs for labor and materials cost for all living space. Then, add together all the costs to obtain a total dollars number. Then, divide the total dollars by the square footage number. As easy as that.

So You’re Building Your Own Home – Do You Know What a Contractor Can Do For You?

You made one of the greatest steps in your life and decided to build your own home. One of the largest plans, also. Everything is “big” when building your own home – the project, the sum of money to invest, the time spent o the project, the courage, the nerves, and so on. The best…

You made one of the greatest steps in your life and decided to build your own home. One of the largest plans, also. Everything is “big” when building your own home – the project, the sum of money to invest, the time spent o the project, the courage, the nerves, and so on. The best thing for you to do when building your own home is hiring a contractor. But how do you do this? It's pretty difficult to hire one when you do not know what he can do for you, what he can handle and what is his job.

First of all, you should understand what the contractor's role is. You may think that he deals with everything, from nails to landscaping. Well, it's not quite like that. The main job of a contractor is to manage the project itself, make sure that everything is done according to the book. Some contractors participate in the construction act, but in fact, they need to manage the workflow and the project materials, manage the timing and the team. His major responsibilities are as follows:

– Manage the budget
– Manage the production schedule
– Obtain the final permits
– Hire the subs
– Manage the inspections
– Buy the materials
– Keep the site safe and clean and effect the quality control
– Keep the owner of the site informed
– Solve all problems

Keep in mind that maybe not all contractors completely fulfill these tasks. When you hire a contractor, communication is really important. Talk about these tasks and establish what he can do and what you can do. This way, you avoid time and effort wasting.

Building Your Own Home – Where to Start From?

Building your own home is one of the most important decisions one can ever take in his lifetime. It entails a lot of courage, patience and eagerness. It is not an easy process, it requires plenty of time and envisioning all the things that build up your house, brick by brick. When building a custom…

Building your own home is one of the most important decisions one can ever take in his lifetime. It entails a lot of courage, patience and eagerness. It is not an easy process, it requires plenty of time and envisioning all the things that build up your house, brick by brick.

When building a custom of home, the process is not a linear one and there is a lot of things that need to be taken into consideration. In the graphic, the construction process itself is the easiest one, although it takes the longest to complete. For example, some people purchase the land first, others go directly to an architect for the construction plan; other enthusiasts start building the house and before reaching the end, they realize they have no more finances for construction completion. Rushing into this big process is not the best solution one can opt for.

First of all, take a look and have a general view of what you get into. Get very organized and make a general plan. Financing is extremely important so, before you decide to start constructing your own custom home, get acquainted with all financing possibilities, all they involve and how you are going to pay back the loan. Make a list with important questions. You can follow this example:

– Where do I want to live?
– How will I find and purchase the land?
– How much money do I have to spend on the project?
– How much extra time do I have to allocate to this project?
– How do I find the right financing resources to build and design my house?

Once you have all the answers to these questions, you can start making the plans. But be aware that it is very complicated and challenging at the same time, and once you completed all the plans regarding the time spent and finances, add some more to it.

How to Purchase a Log Package

When building your own custom home, it may be essential for you to save some money. So the wisest thing you can do is seek for the best construction options that also suit your preferences. In the case of log homes, you can opt for a package. The majority of log manufacturers and hand-crafters offer…

When building your own custom home, it may be essential for you to save some money. So the wisest thing you can do is seek for the best construction options that also suit your preferences. In the case of log homes, you can opt for a package.

The majority of log manufacturers and hand-crafters offer log packages, adding to it the fasteners to hold together the logos, insulation materials to put between the logos, weatherproofing features and, of course, the instructions for you to assemble everything.

You do not know where to go and buy log packages? As simple as that: you can purchase them from dealers or local sales representatives, where you can also find good contractors to build your log home, designers to help you shape the home and correctly place into the landscape, and of course, people to help you with the purchasing process and paperwork issues.

When considering purchasing a log package, you should consider applying for a loan. Before you do this, you need to inform yourself, as the loan process for building a log home is different from the conventional one: you will be asked for a larger deposit, the construction lender must advance that specific sum of money for the total construction costs very early in the process; after you are delivered the logs to the construction site, the contractor's team will stack the logs into the walls. A great advantage is that the construction process takes far less than the construction of a conventional home.

Building Your Own Home – Picking a Loan

The loan market has improved a lot lately and now you can find loans for almost every type of financing feature. A construction loan is a bit more complicated and it requires more time than a common loan. Time is a very important criterion when it comes for picking a loan. And keep in mind…

The loan market has improved a lot lately and now you can find loans for almost every type of financing feature. A construction loan is a bit more complicated and it requires more time than a common loan. Time is a very important criterion when it comes for picking a loan. And keep in mind that time is established by your loan score and it depends on your qualifications.

A very important fact you need to consider when picking a loan is whether it is a fixed-rate loan or an adjustable-rate loan. A part of the lenders offer you a fixed-rate loan if the rate remains the same over the whole loan period. You should expect that these rates should be higher than the adjustable-rate loans.
In the case of adjustable-rate mortgages, the rate varies according to a financial index (for example, the government treasury bills).

You may think that a fixed rate offers you more security, protecting you from the rising interest rate. But it is most likely to build again over a period of time and you will opt for a construction loan that also pays off the existing land loan and in this case, a fixed rate will not save you money.

The best option for you is to take the largest amount of money, for the longest period of time, with the lowest payment. This is how you will be more flexible for moving to construction financing by keeping a larger amount of cash where you need it the most.

When consider financing, try to make the wisest decisions as this will affect your life in the long run. You can opt for specialist advice, it's a very good solution and this way you will know that you could not have done better.

Building Your Own Custom Home – Finance Issues

When building your own custom home, perhaps the largest problem people have to face is getting financing for starting and finalizing the project. This necessities purchasing the piece of land, paying the architect for the plan, purchasing the tools and construction materials you need, taking into consideration the design issues and so on. The best,…

When building your own custom home, perhaps the largest problem people have to face is getting financing for starting and finalizing the project. This necessities purchasing the piece of land, paying the architect for the plan, purchasing the tools and construction materials you need, taking into consideration the design issues and so on.

The best, but not the happiest way for someone to obtain finances for these types of projects is a loan. It's not music to your ears, but, still, it's the best possible way when you need lots and lots of money quickly. There are loaners who offer finance assets for building custom homes, but they have different rules when helping you building your own custom home by offering you the money you need for this.

The disadvantages for this are quite worth to be taken into consideration: they want the house to be completed in time and on budget. A very good solution for you in order to get rid of the extra cost issues that appear on the run is to go for a construction cost estimation solution. This way, you will know exactly how much money you need and what quantity of construction materials is required. Although this can be a bit expensive, it's very efficient when building a home with a fixed sum of money – the one that the lender offers you.

Should you have a bank account with some saved money, it's not very wise from you to spend it all on building up the house. You have to struggle to keep the price score down so as to finalize the project successfully. Remember that there are registered a few custom home construction disadvantages due to the lack financing for project completion. So, analyze all the offers lenders have on the custom home construction loans and then take the wisest decision.

Residential Building Code Inspection

Any time you apply for a building permit for a new house or remodel, you must submit a set of plans to your city municipality for approval. The plans are stamped with the plans examiner's official stamp once they're approved. Then, as work progresses, the building inspector conducts inspections at required intervals to ensure that…

Any time you apply for a building permit for a new house or remodel, you must submit a set of plans to your city municipality for approval. The plans are stamped with the plans examiner's official stamp once they're approved. Then, as work progresses, the building inspector conducts inspections at required intervals to ensure that the construction matches those approved plans and all the new work conforms to the International Residential Code .

The inspections generally occur at the construction process intervals listed below. To ensure passing, do your own pre-inspection before the building inspector arrives to do his. Check off the items under each inspection – these are the areas generally of greatest concern to the inspector.

Footings or foundation: (before the concrete is poured)

Do the forms have the appropriate depth, width, and thickness required for the foundation system in the plans? Is the rebar properly placed and connected? Is the bottom surface for the feet level? Are the required anchor bolts laid out and ready to be placed in the concrete? Does the distance from the feet to any ascending or descending slope satisfy with setback requirements? Is the foundation height at least 12 inches plus 2 percent above the elevation of the gutter?

Groundwork plumbing:

Are the piping materials identified by the manufacturer as third-party tested? Are the plumbing vents at least one-half the diameter of the drain pipe diameter? Are there enough pipe supports? Is DWV pipe installed in a trench backfilled with earth, sand or gravel, but not rock? Has the system been checked for leaks at the joints?

Pre-slab inspection:

Is the soil properly compacted? Is there a 4-inch base of sand, crushed stone, or gravel on top of the compacted soil? Is there 3-1 / 2 inches from the top of your forms to the baseline? Check by running a taut string line across the top of the forms to make sure you have the required depth at all locations. Is any piping that extends above your concrete protected with sheathing or wrapping? Does the vapor barrier overlap 6 inches at the joints?

Framing inspection: (This is where a lot of corrections are typically noted – and fixing a framing mistake is not easy or cheap.)

Are your wood studies identified by a code-approved grade stamp? Are your shear wallholddowns anchored and nailed per the manufacturer's specs? Is your shear wall nailed correctly? Are support columns and posts installed per the plans and anchored to the foundations and beams? Are your studies on center? Are your anchor bolts spaced correctly? Is the fireblocking installed correctly in each wood frame, including covered spaces, interconnections, and in openings for vents, ducts, cables, and wires?

Floor and roof framing inspection: (This is another common area for code violations.)

Have you used the grade of lumber specified in the plans? If the species, grade, or size of a wood member is different from what the plans show, the strength will not match that approved in the plans. Is blocking installed at all points of support to keep joists from rotating? Do joists from opposite sides of a span lap over a beam? Is that lap at least 3 inches and are the joints nailed by at least three 10d nails? Are any holes or notches cut into any engineered-wood products, such as glulam, laminated veneer lumber or I-joists? Are roof trusses braced per the fabricator's instructions?

Floor and roof decking inspection:

Are your sheathing panels stamped with the correct grade for the span you're covering? Are the end joints in your subflooring over supports? Are the joints staggered on your roof sheathing? Without staggering the joints of the roof sheathing, the loads can not transfer across the roof diaphragm. Are all structural panels connected to framing using the code-required nail size?

Intermediate plumbing inspection: (before drywall is hung)

Is the DWV piping supported every 4 feet horizontally or 10 feet vertically, as required by code? Is the sanitary pipe leak-free? Are the cleanouts installed as indicated on the plans? Do the vents extend at least 6 inches above the windows, plus the average snow-accumulation depth? Has the water supply system been pressure-tested at 50 psi for 15 minutes? Are shield panels installed over areas where supporting members have been notched or bored for plumbing runs? Are there kinks or bends in the HVAC ductwork?

Intermediate electrical inspection: (before drywall is hung)

Does the electrical layout match the layout in the plans? If changes are needed during construction, they can sometimes force an electrician to improvise. Make sure all changes follow code requirements. Are there at least 6 inches of free conductor wire at outlet boxes? Do the ceiling fans have an approved fan box? Is wire entering each outlet or switch fastened to the box? Are shield plates installed where electric cable runs through a stud or joist? Are the envelopes spaced along the wall as indicated on the approved plans?

Gypsum board inspection: (after drywall is hung)

Are Type W or Type S screws used for attachment to wood framing? Do the screws penetrate the wood by at least 5/8 inch? Is 1/2-inch-thick drywall used to construct the wall separating the residence from the garage to prevent the spread of fire?

The final inspection:

Does the grading slope away from the building? Is there a solid-core door between the house and the garage? Is the building generally complete in appearance? Have you installed safety glass in hazardous locations? Are the handrails on the decking stairways 34 to 38 inches above the nosing on each stair tread? Do all the rooms have a 7-foot ceiling height? Is the electrical disconnect clearly identified? Are all bathroom fixtures operable? Is water pressure between 40 and 80 psi?

When the final inspection is complete, the inspector will provide you with a signed certificate of occupancy and call to have utilities turned on. The house should then be ready for years of safe occupancy.

Building Your Own Home – Searching for an Architect

It is easy to find an architect since there are many companies that are specialized in architecture and design. A bit more difficult is to know what architect would best fit your needs. In terms of aesthetics, you need to know if the person you're going to choose can really create exactly what you want.…

It is easy to find an architect since there are many companies that are specialized in architecture and design. A bit more difficult is to know what architect would best fit your needs. In terms of aesthetics, you need to know if the person you're going to choose can really create exactly what you want. In order to make the right decision, you should ask for a portfolio of their previous works and also take a look at the houses they designed.

Experience is also of a critical importance for an architect, so you might want to pick one that has already created a minimum of 15 custom homes. Furthermore, make sure that the designer you choose specializes in homes and has a substantial residential experience, and avoid one that only worked for commercial projects, such as office buildings, markets and hotels.

If you manage to follow these few steps, you might actually be searching for perfection. To build exactly the house you dreamed of, you should also discuss with the architect every single element of detail and every little inconvenience you might encounter and see if he listens to you with great attention. This is because most custom home architects do not have the experience in understanding what people want, so some extra communication is needed.

Some projects may take more time, and others will be completed quicker. Depending on the time you are willing to wait and on your necessities, decide whether you want your project to be completed sooner or later. The level of difficulty and detail of the design greatly influences the costs and time spent to create it.

Building Your Own House From Scratch

With the great American dream feeling like it is less obtainable now more than ever before, people are seeking out other ways to set themselves up in houses that are fit for movie stars. With the use of cleverly designed home construction plans available, these days many are regaining their confidence and feeling like their…

With the great American dream feeling like it is less obtainable now more than ever before, people are seeking out other ways to set themselves up in houses that are fit for movie stars. With the use of cleverly designed home construction plans available, these days many are regaining their confidence and feeling like their dreams are within reach. Nowadays, there are so many options available for house designs that a good construction plan can offer a number of trimmings. These include eco-minded features or things to make life easier for the elderly such wheelchair access and indoor elevators, all from a choice of building material to suit individual needs and tastes.

Although a great many people secretly keep their own 'house design journals' full of hand-made drawings containing dreams of how they would like their place of residence to look, not a great deal of people ever consider building their very own dream house. Regardless of whether it is a small cozy abode or a mansion of grandiose size, people usually opt to buy something already standing as they did not know about other current methods of building that offer ease and remove all the stress of building their own house.

If it is 'being green' with building that sparks up excitement, nowadays we do not need to feel like we have to compromise on taste and extravagance in order to build with the environment in mind. In the past individuals were left with a sense that living green had to mean staying in a tent-and even the tent had to be made of organic cotton. Luckily though, smart designers are coming up with ways to incorporate true green living inside homes of any shape and size. Environmentally chosen building materials, products that consider water consumption, building that allows for better use of energy through the house are just some of the things available to make living standards more sustainable.

Although some elderly people choose to stay in aged care facilities, this is not the case for all. Some prefer to stay in the comfort of their own house and refit them with features that accommodate their needs. From rounded edging in dwellings, seats that are built in to the shower for extra safety, wheelchair access, lowered cupboards in the kitchen and wider spaced doors, these are but a few of the myriad of options people can have to make life inside their house more pleasant.

A custom designed lodging for a great many, usually conjures up thoughts of grandeur, luxury and expense that is simply just not affordable. However, it is thoughts like this that stop people from exploring the many opportunities around. Building a house from scratch no longer requires gazillions of dollars and an overpriced architect. With modular building choices many styles of houses are on offer. Create a modern artisticly styled house built with contemporary luxuries or a little log cabin nestled in the countryside with a large warm and cozy fireplace in the middle of the living room.

Denver Home Builders

If building your own home on the lap of nature had always lured you, you have to come to Denver. This fascinating place is an ideal destination for building your home. Get up every morning to the breathtaking views of the Rocky Mountains, immerse yourself to the loads of cultural and recreational opportunities that abound…

If building your own home on the lap of nature had always lured you, you have to come to Denver. This fascinating place is an ideal destination for building your home. Get up every morning to the breathtaking views of the Rocky Mountains, immerse yourself to the loads of cultural and recreational opportunities that abound here, pick your champion sports team based out here or simply prosper being a part of Denver's diverse business economy, top- ranked schools and diverse business economy. 300 days of sunshine in a year is sure to cheer you up and you can always send your kids to quality schools that are here. This apart, there are numerous great parks, museums, restaurants, golf courses and ski resorts to keep you occupied. Little wonder, therefore, that so many settlers have taken a liking for Denver and have built their homes here.

Here is a quick checklist of the reputed home builders that are located here:

Ryland Homes: Ryland is a leading national home builder and has been around for over 40 years. It has built more than 285,000 homes across the country and funded more than 235,000 mortgages. The team promises to make building your new home an exciting and happy experience. Do a Google search for Ryland Homes in Denver for more information.

Richmond American Homes: Richmond American Homes is refreshingly different. A continued stress on quality, precision of workmanship and time-bound delivery has made this home builder stand tall and emerge as a prominent home builder in Denver. If you want your home to be unique then Richmond American Homes is the builder for the long haul. For more information, Google search for Richmond American Homes in Denver.

KB Home: Builder of quality homes in Denver; KB Home focuses on custom-made, affordable homes with a basic premise that you would fall in love with your home even before you have moved in. Search over Google for KB Home in Denver for more information.

Domani Homes: Domani Homes bets on superior customer service and quality construction that certainly make a homeowner proud .. This quality home builder priorities attention to detail and uses environmentally friendly materials, which is manifest in its craftsmanship, using of selective materials and building techniques. Domani Homes delivers the quality you expect with unexpected attention to customer service. For more detailed information search over Google for Domani Homes.

Townhome Builders in Denver

For home buyers in search of luxury real estate, there are quite a few top townhome builders in Denver. The experienced builders are adept in building custom homes to your exact specifications. Century Communities: Century Communities is Colorado's leading builder of upscale townhomes, condos, flats and single family homes. The company has carefully crafted highly…

For home buyers in search of luxury real estate, there are quite a few top townhome builders in Denver. The experienced builders are adept in building custom homes to your exact specifications.

Century Communities: Century Communities is Colorado's leading builder of upscale townhomes, condos, flats and single family homes. The company has carefully crafted highly detailed plans at many neighborhoods in Denver. Century Communities builds homes that combine the leisurely lifestyle of a quiet low-maintenance neighborhood with the energy and vitality of a thriving city. Century Communities designs neighborhoods that put people and families first. With several floor plans to choose from, it will be easy to find a condo, townhome, flat or single-family home that best suits your tastes and way of life.

KB Home: Builder of quality townhomes in Denver, KB Home focuses on custom-made, affordable homes with a basic premise that you would fall in love with your home even before you have moved in. Years of experience, combined with superior craftsmanship, have enabled KB Home to scale new heights in the area of ​​real estate development. But, as they say, the real proof of the taste lies in the pudding. So go ahead and make your choice. KB Home will meet your expectations and there are thousands of proud home owners who would vouch for you.

Pulte Homes: Pulte Homes is an established homebuilder in Denver. PulteGroup has been providing the American Dream of homeownership to families for 60 years. Pulte Homes offers a wide array of choice for its customers and you can choose from its variety of floor plans to suit your need.

Shea Homes: Shea Homes would listen to your needs and provide quality workmanship for your home in the finest neighborhoods of Denver. A reputed builder with quite a few feathers in its cap, Shea Homes promises to make your dream come true.

Lennar Corporation: Headquartered in Miami, Florida but with operations across the US, Lennar Corporation buildings affordable, move-up and retirement homes in communities around Denver.

David Weekley Homes: Since 1976, one of America's most-recognized new home builders which has made a name for itself in delivering excellence in Design, Choice and Service to hundreds of communities in more than 14 cities. Pick Denver and you are ready to go!

Is Now the Time to Buy Property in Javea?

Although it is one of the popular places to buy property on the coast, with the Spanish as well as other Europeans it has still been affected by the downturn in the Spanish property market. Is this a bad thing? It's great for purchasers – In the last year or so there has been on…

Although it is one of the popular places to buy property on the coast, with the Spanish as well as other Europeans it has still been affected by the downturn in the Spanish property market.

Is this a bad thing? It's great for purchasers – In the last year or so there has been on average a 30% drop in property prices, if such a drop occurred in Dorset or Cornwall there would be a flood of investors taking advantage of this slump in the market.

How long can the dip go on? There are varying reports in the press about the growth of the Spanish economy, there seems to be a lot of speculation and like all countries at this time, who do you trust, is the doom and gloom believable? Does the Spanish government fudge the books to make growth look better? Who really knows, all I can say is that tourism this year to the area was extremely high, local residents on the ground were commenting on how it's the busiest they've seen it for years. Is this just wishful thinking or were there many more tourists here? If my occasional visits to the Arenal in Javea are anything to go by, it was crazy in August.

Overall is a 30% drop in house prices something to be sniffed at? Can the fall continue? Here are some examples of house price falls over the last 2 years –

Traditional Finca on the Montgo, one of the most popular areas of Javea 695,000 to 475,000.

18th Century Finca from 950,000 to 595,000 – A massive 37% fall

New build apartments in the Arenal, beach area of ​​Javea 253,000 to 170,000

These properties are just a small selection but you will find most properties prices have fallen by over 30% and remember these prices are the asking price so there is probably still some opportunity for offering a lesser figure.

So the question is – Has the property price dropped to it's lowest it will go? This autumn I think will be the telling point, usually the most popular time for house buyers is October and November, for investors this gives them time to renew for the start of the letting season and for those wanting to relocate a much cooler time to arrange moving.

I believe we will see a rise in the German, Dutch and Scandinavian purchasers, their economies do not seem to have suffered so much in recent times and are snapping up the bargains. The UK buyers are slower to jump on this price drop, whether this is because of the very few horror stories the British press report on or they are worried about the economy and there investments at home, but I think the time is coming where the market again will be buoyant, only a few years ago there were several buyers per house and if you viewed a property you preferred you needed to have the deposit in your hand to be able to guarantee you that property.

If you are looking to relocate or buy a holiday home I would say the next year is the time to do it. Get in at the bottom of the market!