Many people dream of moving to Spain, and whilst it is not the rock bottom bargain that it once was, buying a property there does have an appeal. The weather is more constant, the lifestyle more relaxed and the space seemingly more open.
If you are thinking of buying a property out there, then you will need to consider if you will buy it with cash, or with a mortgage. It is possible to get a Spanish mortgage, or in fact carry one over from an English bank.
If you do decide to take out a mortgage, it is important to be realistic about how you will repay it. It is no use assuming that you will get a job out there easily. Spain has a high unemployment rate, and consideration is likely to be given to natives rather than ex-pats when it comes to job applications.
Of course, you may be moving out there as part of a company promotion or relocation, in this event, your job is already secured, and getting a mortgage will be so much easier.
Whatever your situation, it is highly advisable to do some groundwork first. Many ex-pats have been caught out when they have purchased property in Spain due to local planning regulations. It is vitally important to acquire the services of a solicitor who is well versed in both the Spanish language and Spanish law.