Posted: Sun Mar 8, 2020 7:42am
Hi all
Properties in Caleta are expensive is due to the fact it is a tourist resort with all the amenities that goes with it. We have been coming to the island for over 25 years and in 2018 moved permanently into a town house in Caleta.
To be honest it was lovely but we then decided to move out and build our own place in Caldereta. This very rural and not the choice for everyone. There are many options.. Buy an old property and renovate. Buy land with a derelict building and build your own, or as we decided to buy land and design our own having it built by Spanish builders.
We did all the build during 2018 and moved in end of 2019.
To give you an idea of the top range. In all we have paid about 400K Euros for land and build (including pool) but it is amazing. In fact we sold our family house in the UK and ended up with a house worth much, much more and to our own specs here. This is due to labour costs being low, all year working climate, and depending on your specification relatively low cost materials.
The choices are many so good luck. If you do build be aware of lots of paperwork and ensure you get a good bilingual project manager.
Happy to help further if needed.