Why Spain
Buying Spanish properties is one of the best possible investments you can make in the current economic climate. An ever-increasing number of northern Europeans are buying Spanish homes which offer both a welcome escape from colder climes and rich rewards in terms of both rental income and capital appreciation.
The Market
The Spanish property market provides buyers the ideal destination in which to re-locate or purchase a second or holiday home. It also offers a valuable profit generating asset to ever-increasing numbers of worldwide property investors.
Spanish property remains the favorite investment market for overseas property buyers. Despite the huge demand, there's still a bewildering choice of property for sale in Spain.
Spain as a location is in high demand because it of course enjoys a year-round warm climate and stunning beaches. In addition, a huge amount of competition among low cost airlines makes it easier and cheaper to travel to and from Spain than to almost any other destination.
With an already booming tourist industry, and holiday trends moving away from travel agent bookings towards direct online holiday accommodation transactions, Spanish real estate supplies a demand for excellent buy to let investment options where real estate investors can generate highly profitable rental yields from letting their Spanish properties.
We are working with partners who have expert knowledge and years of experience in the Spanish housing market to bring you the best properties on the Mediterranean Coast.
Rental Market
The high season is from June to September with 100% occupancy in August on short term lets. December to April is good for rental as it is the golfing season. Average annual rental yield is about 7%. We can also organize the whole property management for you.
Locations
We offers property all the way across the Mediterranean Coast of Spain- Costa del Sol, Marbella, Coasta Almeira, Costa Blanca, stretching from Valencia to Alicante and Costa Calida- with the cleanest air in Europe.
Prices
Generally €50000 (£30000) will buy you a studio apartment, but a two- bedroom apartment will cost you about £100000(€145000). Prices on Costa del Sol are slightly higher at € 75000(£50000) and €200000(£136000) respectively.
Buying costs standing at about 10%.
Mortgages are available at the rate of 4,9-5,5% It is possible to borrow 70-80% loan –to0value for up to 30 years. It is possible to pay interest only for up to 10 years.
Getting There
We offer 4 day inspection trips at the cost of about €250.
It is also possible to fly to more than 30 locations in Spain from UK and Irish airports. Flying time is two to three hours. The major airports for the resort regions are Alicante for Costa Blanca, Málaga for Costa del Sol, Barcelona for Costa Brava and Costa Daurada, Murcia San Javier for Costa Cálida and Almería for Costa Almería.
This web site provides general advice for guidance purposes only. It is recommended to seek professional advice before making any purchase. Contact us for additional information or services. |