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A Guide to Renting an Apartment in Barcelona

Last updated: April 14, 2020Leave a Comment

Barcelona is currently my favorite city in Europe, and I thought it would be fun to do some research into renting an apartment in Barcelona. I’ll be focusing on long term rentals as short term rentals have been covered to death, and anyway, we all know that nowadays companies like Airbnb have completely dominated short term rentals.

Let’s say you want to spend more than 3 months in Barcelona, a year even. What should you know before you get to Barcelona?

The Importance of Agents

Your best bet for finding an apartment in Barcelona is through an agent. These agents can either be independent or be employed by one of the big agencies. This holds especially true if you are looking for a mid to high-end apartment and don’t want to waste time trawling the various property rental listing websites.

Upon finding an apartment, the new tenant pays the agent’s fee, and it’s usually the equivalent of one month’s rent, but can be up to 10% of the annual cost of the rental. VAT at the rate of 21% will be added on top of that.

Any reasonably priced flat that’s in a good condition will rent out quickly. Spain might be in a recession but the rental market in Barcelona certainly doesn’t seem to be affected, things here move fast. If you find something you really like, go for it. A good property can be gone in a matter of days, hours even.

Properties are available for viewing when the previous tenants have moved out. That means you’ll be seeing the apartment in a ready-to-rent state and also implies that you should be ready to move immediately.

When you find a property you like, you’ll probably want to dig a little deeper. Here’s a handy checklist:

  • Are communal charges included in the rent? (usually yes)
  • Are utility bills included? (usually not, ask about electricity, water and gas)
  • Is there an extra cost for central heating?
  • Is the agency fee 1 month’s rent or 10% of the annual rent? (the latter works out more expensive)
  • What are the deposit terms? (usually two months rent)

I would also suggest checking if there are any planned works (construction) nearby, and see what kind of neighbors you would have. It’s also important to have a good look at the state of the building itself. Some rental apartments can be in great condition, but the building itself would have some serious problems.

For example, I rented an apartment that was absolutely excellent and we were the first tenants in, however, after a few weeks we discovered that if someone smoked in any of the other apartments, the smoke would seep through into our apartment through the kitchen extraction fan tubing. Ridiculous, I know, but it’s just an example of the many non-obvious problems that you can have.

I also suggest speaking to the owner about how they handle repairs, especially if it’s not a new apartment. Some owners that are not professional will leave you waiting for days, while others offer same day (usually within the hour) repairs because they have someone on call for such incidents.

Prices

Prices have been on the rise in recent years. As of August 2018, you can expect to pay between 900 and 2000 euros for an apartment, depending on the size and condition. A reformed three bedroom apartment in a good area will fetch between 1500 and 2000 euros. A reformed one bedroom will be closer to 900 euros.

Renting a Room

If you’re strapped for cash and don’t mind living with other people, you can also rent a room in an apartment. One of the best apps for finding such rooms is Badi. Expect to pay 400-800 euros for a good room.

Good luck with your apartment or room search, and if you have any questions just leave a comment below and I’ll do my best to answer.

Filed under: Expat life

Favorite Books and Resources for Learning Exercise Physiology

Last updated: May 01, 2020Leave a Comment

As I continue to immerse myself in padel and strive to improve every year, I’ve taken it upon myself to really learn how the human body works, especially in relation to exercise and sport.

These are the best resources I’ve found to help me along this journey:

  • Exercise Physiology: Theory and Application to Fitness and Performance
  • Exercise Physiology: Nutrition, Energy, and Human Performance
  • Physiology of Sport and Exercise
  • Advanced Strength and Conditioning for Tennis
  • Strength Training Anatomy
  • Coursera course: Science of Exercise
  • Coursera course: Introductory Human Physiology

And here are some other fitness books that I’ve really enjoyed:

  • Calisthenics for Beginners
  • The Practice of Natural Movement
  • Starting Strength
  • How to Build Strong & Lean Bodyweight Muscle
  • Becoming a Supple Leopard

Do you have any other resources to recommend? Let me know in the comments section.

Filed under: Health & Fitness, Padel

Best UK Real Estate Crowdfunding Platforms in 2024

Last updated: April 02, 202411 Comments

The United Kingdom is one of the most economically advanced and stable countries in Europe, with a strong legal system and one of the most important capital cities in the world. This and many other factors make it an ideal location for real estate investment.

In a separate article, I’ve listed the best European-wide real estate crowdfunding platforms, but in this article, I’ll only talk about UK platforms.

The best UK real estate platforms are Property Partner and CrowdProperty. No other competitor comes close to these two platforms. I’ve invested in both and they are very professional.

I believe that property should form a part of everyone’s investment portfolio, which is why I have made it an important part of my investment strategy over the past few years. By investing in a variety of properties instead of one, you can diversify your portfolio, reduce your level of risk and increase your returns over time.

Between 1997 and 2016, UK property prices have grown by 11.65% per year on average. This is compared to the FTSE All-Share index which has delivered 3.03% p.a. on average over the last 20 years to the end of 2016.

Even after Brexit, the UK remains a good place to invest in real estate:

  • 250,000: The number of properties that need to be built each year in the UK to meet demand
  • 170,000: The average number of properties being built each year – 32% behind target
  • 80,000: The current shortfall of housing each year

While most people only think of London when it comes to investing in the UK property market, good investment goes further than just where the city is, it also comes down to the area the development is located in. The more popular the area is to live in, the more demand there will be from potential tenants.

Markers of a good location:

  • A population that outweighs the supply of housing
  • Potential for future capital appreciation
  • A young population
  • Migration of big business
  • Previous institutional investment

With that said, let’s take a closer look at my favorite platforms.

Property Partner

Property Partner offers us, investors, the opportunity to invest in properties directly or else into development loan bonds (recently introduced). A company is created for each property purchased, and investors buy shares in that company.

Most of the properties are geared. Property Partner only lists properties at 50-60% loan-to-value (LTV) of the purchase price. They buy multiple units at a discount compared to purchasing the units individually –adding further downside protection. Reducing risk further, they only gear multiple-unit properties as these have a more stable rental income stream to service the mortgage.

Read more: My review of Property Partner

You can manually choose which investment opportunities you want to pursue, or else select one of the three investment plans and have the platform auto-invest for you.

  • Income plan (6.5%+)
  • Balanced plan (7.5%+)
  • Growth plan (8.5%+)

The investment plans are ideal for those who have an amount less than €50,000 to invest, because at those levels it doesn’t make sense to spend a lot of time researching each opportunity and making manual investments.

The fees relate to services that Property Partner provides:

  1. Sourcing and performing due diligence on investment-grade property deals, often with significant discounts, by an in-house team of property professionals and analysts.
  2. Ensuring that properties are let, managed and maintained to a high standard, and distributing monthly or quarterly dividends to investors.
  3. Delivering an end-to-end managed investment, including sourcing and arranging mortgages, corporate structuring through SPVs, financial statement preparation, corporate tax compliance, and adhering to regulatory requirements.
  4. Providing a technology platform that facilitates online investment management and reporting, on an FCA-regulated trading exchange allowing investors to trade their investments 24 hours a day, 365 days a year.

[Read more…]

Filed under: Money, Real estate

Taking a Sports Medical Test Before Training Hard and Competing in Padel

Last updated: September 29, 2022Leave a Comment

medical test for padelWhenever you are practicing any sport in a serious manner, it’s important to undergo a medical test to make sure you don’t have any conditions that can endanger your health while practicing that sport.

Practicing a sport seriously usually necessitates pushing yourself to the max in order to improve your thresholds for power, resistance etc and thus make improvements to your overall performance. Having an underlying deficiency means you would be putting yourself at risk as that high stress can trigger a failure in that weak aspect of your body.

Sadly, we’ve seen many athletes over the years collapse and sometimes die while practicing their sport, and some of those incidents could have been avoided by better testing of the athlete and detection of underlying problems (usually related to their heart).

To keep on the safe side, I like to undergo a medical sports stress test at the start of every year so that I can set my mind at rest and also understand which areas I need to improve in.

Sanitas also offers some of these tests, you can find more info here. They have a Sport Medicine Unit headed by Dra. Bellver in the Millennium Centro Medico Iradier. You need to contact them at 932 55 46 00 or email [email protected]. If you’re with Sanitas the basic test is covered but if you want to take the advanced test with gases then you need to pay 120 euro.

Here’s a good article about stress testing in sports.

Filed under: Padel

Jump Rope Training for Padel and Other Sports

Last updated: February 10, 2023Leave a Comment

I use jump rope training to improve my fitness and agility for padel. My rope of choice is the Crossrope Lean set.

When I started out I couldn’t even jump more than 5 skips and I did ridiculously huge jumps, which is normal for a beginner.

I now can do the basic technique around 50x times continuously with no mistake. Unfortunately, it took me a while till I found a jump rope I liked, and I was also trying lots of other new things and ended up dedicating much less time than I wanted to this activity.

It’s important to get the rope sizing right before you start, so watch this video first:

Here are some videos of skipping rope techniques:

Here’s the plan to follow if you want to begin with jumping rope:

Basic Jump Rope Proficiency

Bounce Step

This is the basic step for jumping rope that you’ve undoubtedly seen performed multiple times. Bounce only once per swing of the rope and make sure you’re only lifting your feet just enough for the rope to pass under them.

Alternate Foot Step

Begin by balancing weight on one foot, swing rope around and jump with opposite foot then alternate feet as if running in place. Make sure you don’t kick backwards or you’ll get tangled in the rope. Count only the right foot and multiply by 2 to get the total number of jumps.

Once you can do 140 jumps of each of these aforementioned techniques without error or fatigue, you’ll have achieved a basic jump rope proficiency.

Make sure you can do these two skills at different speeds and switch between them by doing 4 jumps of each before switching. You should be able to do 500 consecutive jumps while alternating these two techniques.

Intermediate Jump Rope Skills

High Step

Begin with the alternate foot step and lift your knee to the waist level and keep alternating your feet while keeping your back straight and landing on the balls of your feet.

Side Straddle

Start with the bounce step technique and spread your feet to shoulder width and back to original position.

Forward Straddle

Start with the bounce step stance and shift the right foot forward while the left foot shift back and vice versa to continue the exercise.

Skier’s Jump

Start with the bounce step stance, keep feet together and jump a few centimeters right on the first rope swing and to the left on the second rope swing and keep up this rhythm. It should resemble a ski slalom.

Bell Jump

Keep your feet together and jump a few inches forward and then backward. The movement should resemble the action of a bell clapper.

Half Twister

Twist the lower half of your body so that the toes land pointing 45 degrees to the right, then forward on the second jump and 45 degrees to the left on the third jump, then reverse.

Full Twister

Same as half twister but with no middle jump.

X-Foot Cross

Cross your feet under the rope.

Forward Shuffle

Made famous by Mohammad Ali, shift the right foot forward on the first jump and the left on the second jump with the knee extended.

Backward Shuffle

Low backward kicking motion like jogging on the spot.

Heel to Toe

Start with the bounce step, on the first jump hop on the right foot and touch the left heel to the floor in front of you, on the second jump hop on your right foot again touching your left toe to the floor next to your right foot, repeat on the opposite side.

Backward Jumping

Reverse the bounce step by looping the rope in the opposite direction. Remember to pull your shoulders backwards.

Arm Crossover

Start from the basic bounce stance. On the first jump swing the rope around and cross your arms at waist level while your feet jump over the rope. After the rope has passed under your feet on the first jump extend your arms to the sides of your body to uncross as if you’re executing the bounce step creating a wide loop to jump through on the second jump. The feet should be doing a jogging motion as in the alternate foot step.

Measuring Your Jump Rope Skill Level

There is no specific level of jump rope fitness that is considered “good,” as it depends on individual factors such as your age, fitness goals, and starting level of physical activity. However, some general guidelines can provide a way to measure your jump rope fitness:

  1. Endurance: Start with jumping rope for 1-2 minutes without stopping, and gradually increase the time as you get stronger. A goal of 10-15 minutes of continuous jumping is considered a good level of endurance.
  2. Speed: Measuring the number of jumps you can perform in 30 seconds is a way to gauge your speed. A goal of 100 jumps in 30 seconds is a good starting point, and you can work on increasing the speed as you get fitter.
  3. Complex movements: Incorporating different jump rope movements, such as double unders or crossovers, can add an extra challenge to your workout and improve your coordination. A goal of performing 10-20 double unders or crossovers in a row is considered a good level of skill.

This is a good shop for buying skipping ropes in Europe. In the USA they are really popular. If you want something basic, check out Amazon or Aliexpress.

Filed under: Padel

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Jean Galea

Investor | Dad | Global Citizen | Athlete

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