What Our Past Projects Show: Homes Bought, Renovated and Sold for Investors

When you're weighing up a managed investment in Spain from the United Kingdom, it's natural to ask what our previous projects actually delivered. We're happy to share the numbers we keep in our own accounts, because they're the clearest evidence of how our renovation team works and how long we've been doing this.

What we won't do is turn a set of past projects into a promise about your own. Every property, every renovation and every sale is different, and the Spanish market moves on its own terms.

Since 2022, our group has bought, renovated and resold 18 homes as part of managed investment projects, with every transaction recorded in the group's accounts. The median renovation budget across these projects was 22% of the purchase price, covering everything from structural work to finishes, depending on the state of each property when we bought it.

Behind these figures sits a team with more than five years of experience sourcing, renovating and selling homes specifically for investor clients, working alongside our own renovators rather than outsourcing each job to a different contractor. That continuity is part of why we can quote a median budget at all: it comes from repeated, comparable work rather than a single lucky project.

A median is not a ceiling or a floor: some of those 18 projects needed far less renovation work, others considerably more, and the figure says nothing about how long any single sale took or what condition the market was in at the time. It is a summary of what has already happened, built from real transactions, not a formula that can be applied forwards.

Spanish property, like any market, moves with factors we don't control: local demand, the condition of the specific building, planning permissions, and how long a renovation genuinely takes once walls are opened up. Results on future projects can be higher, lower, or negative compared with any past figure, and we say this plainly because it's true, not as a caveat buried in small print.

In a managed investment, you buy the property in your own name, our renovators carry out the work, and we handle the sale or the rental on your behalf for agreed fees. We never pool money from different clients into a single project, so there is no fund structure and no collective return to quote — each property stands on its own figures, costs and timeline.

That also means the risks sit where they should: with the property itself, the state of the market when it's resold, and the renovation that was actually needed. We'd rather describe our past work honestly, including the median renovation share, than offer a projected figure that might read better on a brochure but would not be something we could stand behind.

Spain is a relatively short flight away from most UK airports, making regular visits to a Spanish property straightforward for owners based in Britain. Many British buyers are drawn to Spain for its climate, coastal lifestyle and established expatriate communities. One practical point to bear in mind is that Spanish inheritance law differs from UK rules, so it is worth taking specific advice on how it may affect the property and one's estate. Currency movements between sterling and the euro can also affect the overall cost of purchase and ongoing expenses.

Spain and the United Kingdom have a double taxation agreement in place, and a local tax adviser should confirm how rental income or gains from Spanish property must be declared and reported to HMRC.

As the United Kingdom is no longer an EU member state, British citizens may stay in Spain for up to 90 days in any 180-day period without a visa, and must apply for a visa or residence permit for longer stays.

Since the United Kingdom uses the pound sterling (GBP) rather than the euro, buyers should factor in exchange-rate movements and currency conversion costs when paying for a property or transferring funds to Spain.