Looking for investment property in Spain isn’t just about sun, sand and sea – well, maybe it is!
If you’re looking for investment property in Spain, then you’re in good company. Spain can potentially be the best choice for anyone who wants to make it in the international property business. Whether it’s for a personal satisfaction or for investment, Spain is a good place to consider. There is a wide variety of properties in Spain that one can choose from in order to suit your property needs.
A report by the European Housing Review of the Royal Institute of Chartered Surveyors has confirmed that house prices are incredibly competitive in Spain. In terms of investment property, Spain is in a position which is particularly favourable for its prospective buyers and investors. With the assurance of this kind of credible authority relating to European housing markets, including investment property in Spain, there is a growing marketplace for opportunities.
Aside from offering ideal potential for investment property, Spain is incredibly popular for tourism. This means that the prospect of joining the competitive rental market is lucrative for buyers. To improve the concept of investment property even further, Spain has a popular holiday market which could allow investors to pay their mortgages with around 20 weeks’ property rental each year.
When it comes to costs for investment property in Spain, it is well known that the country offers very competitive prices when you compare them to other European countries, such as Portugal and Greece.
Possibly the main advantage, and the reason why so many people buy property in Spain, is because of its accessibility, its warm climate, and welcoming people. All of this adds up to a package which means that it’s no surprise that finding investment property in Spain is top of the list for the majority of overseas investors each year.