Nowadays properties in Spain can be one of the best bargains. The country has leading market position on the world property market among other prestigious countries, which also sell affordable housing. Spain offers a great variety of properties. The highest percentage of deals is with vacational properties along the coast. Private houses and villas are more preferable followed by apartment complexes situated in the megalopolises. Spanish property either from a developer or from an owner is equally profitable as investment because of its high quality and prestige at the same time.
Speaking about the price of properties in country Spain it would be unfair to say that they are inexpensive. They are affordable for investors with average income. Most profitable are properties offered at bank auctions. The cost of bank-owned properties is 50-70% less than the standard cost of properties on the market. Another benefit is that a foreigner can buy properties in sunny Spain getting a mortgage. In case of buying mortgage property with a bank loan you don’t need to pay initial instalment.
Spain is the perfect location for resting, living, working and studying. Practically you can buy property in any city because the majority of them are along the coast. Barcelona, the second largest and the most popular city in the country, is even more loved by tourists than the capital - Madrid. There are many prestigious universities where your children can study and also great possibilities to start up your own business. One of the finest Spanish properties are located along Costa Blanca, Costa del Sol and Costa Brava.
Purchasing property in Spain gives you the right to get Schengen multi visa. This is important for investors from the countries that are not members of the European Union. Moreover, the high living standards and stable economy promise perspective future to your family. The numerous bright carnivals, the masterpiece - Sagrada Família, the amazing architecture influenced by Gaudi are definitely worth seeing and the excellent national cuisine and quality wines are also worth trying.
©2008-2017 "Domaza" Ltd. Date of last update 24/03/2017