Buying a Property Off-Plan in Spain - Safely

Buying a Property Off-Plan in Spain – Safely

Buying property off-plan is back in Spain again, with developers keen to sell properties before they are built and purchasers equally keen to buy at a lower price, pre-construction. So, here are some recommendation to take in consideration when buying a Property Off-Plan in Spain – Safely. Laws were introduced to protect purchasers who are buying property off-plan in Spain, requiring developers to provide a bank guarantee for all payments made by the purchaser for the…

Estepona attracting investment - 430 touristic apartments

Estepona attracting investment – 430 touristic apartments

Estepona attracting investment – 430 touristic apartments Investment fund HIG Capital has signed an agreement with real estate developer Neinor Homes for the purchase of 430 apartments located in the Valle Romano. This is the seventh investment of the company in Spain in the last three years. “Spain represents a key area for our European strategy and we will continue to look for…

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The profitability of housing as an investment grows to 6.3%

Real estate investment in Spain, in any of the products analyzed by Idealista, offered at the end of 2016 rates of return higher than those recorded a year earlier. These yields multiply by four, in the worst case, those of the 10-year State Bonds (1.4%). The profitability of housing as an investment grows to 6.3%  from 5.5% a year ago, due to the higher growth rate of rental prices compared to sales prices. According to…

Why buy property on the Costa del Sol?

Why buy property on the Costa del Sol?

Now, you can argue about the quality of life – some people say that life on the Costa del Sol isn’t all it’s cut out to be –  but you can’t really argue about the weather. The Costa del Sol, and especially the area around Marbella, has the best climate in mainland Europe, with abundant sunshine, and pleasant temperatures in the winter months. Most people would concede that life is much easier to…

The Costa del Sol has the largest amount of new housing available in all the Mediterranean

The Costa del Sol has the largest amount of new housing available in all the Mediterranean

The Costa del Sol has the largest amount of new housing available in all the Mediterranean costal areas, with 2,482 new properties. The Costa Blanca comes next with 2,110, according to data given by ST-Valuation Society (ST) at the end of last year. The amount of new property around the coast of Malaga beats that of Madrid (2,158) and Barcelona (1,072).   According to ST-Valuation (ST), the supply of new housing on the five main Mediterranean…

What you should really pre-empt before selling your property in Spain

What you should really pre-empt before selling your property

  When selling your property in Spain, many sellers are not fully aware of what they are going to have to calculate in terms of costs before getting the real net figure.  When you have made the decision of selling your property  you ought to consider the costs involved before establishing the asking price. Property market on the Costa del Sol is competitive so getting the selling price spot on is essential to sell your…

Why are new-build Marbella properties so popular

Complexes featuring contemporary styling and comforts are not only highly desired in Marbella, the demand for this has also increased in the most popular cities and regions across the world. Internationally, the current trend clearly favours clean, modern lines, and naturally these are evolving all the time. We have already moved from stark white minimalism to include a wider range of materials, tones and textures that add character and soften the geometry of modern…

Swedish demand for Spanish property increases by more than 20%

Swedish demand for Spanish property increases by more than 20%

Swedish demand for Spanish property increases by more than 20% in Spain, with the number of property sales increasing in the last four quarters, according to data from Shario and the Property Registrars Registradores.  According to the figures, sales of property to Swedish buyers in the summer of 2016 rose 22.7% compared to the preceding quarter, pushing Swedes into fourth place in terms of nationality. Brits accounted for 18% of transactions among foreign buyers during…

Properties in Spain Taking Less Time to Sell

Properties in Spain Taking Less Time to Sell

The Costa del Sol has always been a popular place to buy property, although those wanting to sell may have struggled to find a buyer with so many homes on the market. But this year has brought positive news, Properties in Spain Taking Less Time to Sell.  For example, according to property consulting agency Aguierre Newman, the time it takes for a property to go on the market for sale and then be purchased by…

Demand for dream property in Spain

Demand for a dream property in Spain

SPANISH construction is in rude health if the abundance of new property ventures, both residential and commercial, is anything to go by. The real estate market in Madrid is now on fire with foreign investment increasing dramatically since the first signs of recovery in 2013. Indeed the commercial real estate boom is one of the chief reasons the Spanish GDP is predicted to grow by 3.2 per cent this year, one of the fastest rates…