| When you live in a holiday resort like Marbella, you get | | | | buyers," Powell adds, "and two thirds of them choose |
| used to watching an endless stream of holidaymakers | | | | to buy on the Costa del Sol or Costa Blanca because |
| with the last-day blues, solemnly wheeling their | | | | these coasts have an excellent year-round climate, |
| suitcases past the swimming pool, taking in a last view | | | | good infrastructure and established expat |
| of the sea, before embarking on that dreaded journey | | | | communities." |
| to the airport. | | | | Sometimes, however, a lack of local knowledge and |
| "I hate this moment," sighs Mary Foster from Bristol as | | | | expertise in buying property in a country with a |
| she hauls her bags out of her seaview apartment on | | | | different culture, language and legal system can see |
| Marbella's Golden Mile. "It's always such a horrible | | | | buyers falling foul of disreputable agents, developers or |
| feeling having to leave all of this," she says, wistfully | | | | negligent lawyers for whom sudden price changes, |
| casting an eye across the palm trees. | | | | selling illegal properties or promising unrealistic returns |
| Mary only has six weeks to go though before she | | | | on off-plan investments are daily practices. |
| comes back again. Apart from other obvious benefits | | | | This is why Lighthouse was set up, to provide its |
| such as being able to escape when the black skies of | | | | customers with a protected environment in which they |
| August at home look disturbingly like winter, owning a | | | | can be reassured that they are dealing only with |
| bolthole in Spain is a great way to avoid that awful | | | | trustworthy parties. |
| final-day-of-holiday feeling that you'll never return. | | | | "Our network of 100 agents currently spans the Costa |
| Along with some 600,000 British buyers so far, with a | | | | del Sol and Costa Blanca, with Almeria, Mallorca and |
| further half a million predicted to do so in the next five | | | | Costa de La Luz to follow," says Shaun Powell. |
| years - Mary has bought a holiday home in Spain | | | | "All of our member agents must work according to the |
| which she visits several times a year, sometimes for | | | | network's strictly-enforced code of ethics, rules and |
| as long as six weeks each time, and with different | | | | regulations. If they don't, they are expelled from the |
| combinations of friends, offspring, grandchildren or on | | | | network, which is highly damaging to their business, and |
| her own. | | | | there is an arbitration process to resolve matters for |
| "We can get here so cheaply and easily on low-cost | | | | the customer," Powell adds. |
| flights that we can come out here regularly," says | | | | Holiday homes need not only be by the beach, of |
| Mary. "And each time we come we bump into lots of | | | | course. Lighthouse has a database of nearly 10,000 |
| people we know who are doing the same thing, so | | | | properties, which range from rustic 30,000-euro ruins to |
| you end up with a whole new set of friends in a | | | | 15-million euro villas, and many customers express an |
| different country." | | | | interest in buying an inland property in need of |
| Shaun Powell, managing director of Lighthouse, a | | | | renovation. |
| company which finds holiday homes for foreign buyers | | | | Tomás Mazón, Professor in the Sociology of |
| by working with a network of ethical estate agents in | | | | Tourism at Alicante University who is researching the |
| Spain, comments: "In the past, we went en masse to | | | | impact of residential tourism in the Alicante province, |
| Spain to spend our annual cheap fortnight in the sun. | | | | says: "There is a shift inland among foreign second |
| Now we are still going there in equally large numbers | | | | home buyers who want to live in small, less developed |
| but as home-owners not package tourists. "Spain is by | | | | villages with a higher quality of life, but which are well |
| far the number one destination for British second-home | | | | connected to the coast by motorways. |