When a person has money, it is necessary to invest it profitably so that they bring a constant passive income. Only then can you achieve financial independence, become a free and wealthy person, and make your children and grandchildren happy. Where to invest funds? Financial markets are unstable; stocks constantly fall, and business needs to be managed. The only safe option is real estate, which will increase in value. But here, too, you need to choose wisely.
Buying an apartment on the periphery in the CIS countries is not the best way to increase capital, but buying flats on the front line in Spain or other areas of sunny Spain is ideal for this purpose. Why do our wealthy compatriots choose this particular country? Why is it so remarkable?
Benefits of investing in real estate in Spain
– This country is an ideal place to relax and live: excellent geographical position, sunny warm weather throughout the year, excellent infrastructure, and more.
– The cost of real estate after the crisis has decreased, so now is the perfect time to invest. Over the next 10-15 years, its price will gradually increase, so your capital will grow year after year.
– Acquisition of housing in Spain makes obtaining a multi-visa possible, allowing you to travel freely without restrictions throughout the European Union. Suppose the total investment reaches half a million euros. In that case, you and your family can apply for a residence permit (residence permit) in this country, making it possible to stay in the state without leaving for two years with a further extension.
– If you buy a property in Marbella, on the Costa del Sol, or in any other resort region of Spain, you can have a good time on vacation and rent out housing. The demand for such services is present all year round, so there will be no problems finding customers.
– It is not worth talking about the standard of living, since everyone knows that in Spain it is one of the highest in the EU.
– Rest and accommodation in this country will seem like paradise for sports lovers. Football, basketball, tennis, Formula 1 racing, and many other world-class events await them in Spain.
Buying a property in this sunny country is a great investment and everyone’s dream. If you are wealthy, it’s time to make it a reality!
Real estate in Spain from the developer
Buying property in Spain is one of the ways to make good money and be able to relax during your vacation comfortably. Mediterranean Resort Spain is a place with a comfortable climate and developed infrastructure for tourism and recreation. Many tourists from all over the world come here on vacation. If you own a home, you can make money by renting it out.
Profitable to buy property in Spain – means buying it through fewer intermediaries. One of the options is real estate from the developer. Since a house or apartment is purchased directly, you can be sure there are no encumbrances on such housing.
An additional advantage of buying real estate from a developer will be the absence of the need to complete and repair the premises. The work projects provide anti-seismic technology for the construction of buildings. Most of the proposed housing is ready for comfortable living: it is equipped with household appliances, equipped adjacent territory, and video surveillance.
The current situation in the real estate market in Spain makes it clear that housing can be purchased at affordable prices. With demand down, developers are offering ready-made homes at prices that barely cover construction costs. Therefore, for those who want to invest in this area, there are many options for buying real estate from a developer throughout Spain.
When calculating the cost of finished villas, three factors are considered: the cost of land, the cost of the construction itself (materials, wages, rental of special equipment), and the margin. The last component can vary from 10 to 100%, depending on the location and market situation.
Spanish legislation is loyal to the acquisition of real estate by foreigners. To buy a home, a non-resident needs a passport and cash. Real estate is sold only by the owner or authorized representative – a real estate agency.
You can apply for a mortgage loan if you need more money to buy a villa. This option is beneficial because when developers and banks cooperate, the client receives additional benefits: it is possible to cancel the commission for reviewing papers, and the developer can cover the translation costs.
You can buy real estate in Spain from a developer on the coast and away from it at competitive prices. When conducting a transaction, it is imperative to use real estate services, such as Spain-Real.Estate, which is well-versed in the nuances of real estate law. This will allow you to invest wisely and receive good profits from personal property in Spain.
