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…

The Spanish economy grew 3.2%

The Spanish economy grew 3.2% in 2016

In 2016, the Spanish economy outperformed all the forecasts made by expert organizations, which had been expecting a slowdown in the early part of the year. Instead, the Spanish economy grew 3.2% in 2016, the same pace as the previous year, according to preliminary figures released on Monday by the National Statistics Institute (INE). And why? Well, for the most part it was the hard work, stoicism and positivity of Spain’s population that helped the country…

1427128553_house-investment

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…

Marbella Top 10 Luxury Wellness & Spas

Spas in the majority of 4- and 5-star hotels, large numbers of internationally-renowned establishments dedicated to preventive medicine, slimming and cosmetic surgery combined in Marbella’s unique microclimate complete the picture, making it one of tourist Europe’s top health destinations. Here you can enjoy reading about the Marbella Top 10 Luxury Wellness & Spas. Whether you are staying at one of the luxury hotels and can treat yourself a day of pampering or you live in…

In November British Tourist spending in Spain grew 17%

In November British Tourist spending in Spain grew 17%

Regardless of the impact of Brexit on the pound’s value against the euro, in November British Tourist spending in Spain grew 17% as compared to the same month in 2015.   The data from the National Statistics Institute (INE) shows that Brits spent €776 million in Spain last November, which is not only an impressive increase on last year, but also accounted for 18.5% of all foreign tourist expenditure that month…   Moreover, the number of Brits visiting Spain…

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…

Spain's Golden Visa scheme picks up steam

Spain’s Golden Visa scheme picks up steam

Following a somewhat slow start when the scheme was initially launched in 2013, Spain’s ‘Golden Visa’ initiative has gained a bit of traction, accounting for €911 million in property investment up until the end of 2015. Aimed at helping bolster recovery following the real estate crash and economic crisis towards the end of the last decade, foreign buyers were originally slow on the uptake, but a steady flow of €500,000-plus investments have injected a…

American demand for Spanish property rises 25%

American demand for Spanish property rises 25%

The US election result has prompted a surge in the number of enquiries from the United States about purchasing Spanish property, according to one of the country`s leading independent real estate agencies. The number of searches for property for sale in Spain on the LucasFox.com website from the United States increased by 25% in the 4 weeks following the US elections on 8th November compared to the previous 4 weeks. Barcelona City has been the most…

Solid price rise momentum predicted for Spanish property over next four years

Solid price rise momentum predicted for Spanish property over next four years

Finally, a stable government is in place in Spain, with Prime Minister Mariano Rajoy firmly in the saddle. So things look good for Spain yet again, which is good news for you if you’re looking to buy property in Spain online in 2017. Real estate construction is back in full swing in Spain, 8 years after the property market crash. Investments are flowing in after many years of inactivity and there is a real estate boom in…