Not everyone has made the mistake of overlooking it. In short the LRAU only applies to the Valencian region, the Costa del Sol is not affected. So if the pound strengthens, you will benefit, but you won't lose much if it weakens. Completely Furniture offers a new concept in furniture packaging offering their customers a whole range of styles and budgets to choose from.
For the benefit of the non-natives, our host Alvoro included an English translation of the Celtic rites, to the general amusement of all assembled. Fluent English speakers are invited to stay for free - with the small proviso that they share their company with Spanish residents.
Not everyone has made the mistake of overlooking it. At the end of the road, Valdelavilla is miles from shops, petrol stations, pubs, restaurants - in fact, from almost all of modern Spain.
It was also a chance for the more budget-conscious holidaymakers to save a bundle while staying for free in a beautiful Spanish hamlet. And finally and perhaps most importantly, LRAU has only affected a minority in Valencia.
However, once the build process is underway, the information superhighway can take the strain.
However, worryingly one in four property buyers are also either unaware or unconcerned about fluctuating exchange rates and how this could increase the final cost of their property. In short the LRAU only applies to the Valencian region, the Costa del Sol is not affected.
Around half of those on the program were approaching retirement age or retired, and at least half were American.
But overseas house hunters and pensioners often overlook the cost of sending money abroad. You probably won't find yourself paying for many extras either.
Fluent English speakers are invited to stay for free - with the small proviso that they share their company with Spanish residents.
This means you can avoid the risk of fluctuations in the price of foreign currencies against sterling if you're buying abroad. This is useful if you are buying a new home because you will have to make payments to the developer as different stages of the build are reached.
You set a price at which you would like to buy the foreign money and set a limit on how low it should go before they will automatically buy it for you.
Buying a home in Spain is easier than some might think.
Deals are always there to be done.
My first day saw me talking at length about Spanish wine, with a native gourmand, which taught me far more about the drinking culture than a bar could have done.
You set a price at which you would like to buy the foreign money and set a limit on how low it should go before they will automatically buy it for you.
But overseas house hunters and pensioners often overlook the cost of sending money abroad. In some circumstances, this has led to the seizure of the property.