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Spanish real estate

September 4, 2017
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Property in Spain.

The acquisition of real estate abroad is a prestigious case and, at the same time, profitable, especially when it comes to southern Europe. For one and a half decades, the Swedes, Danes, the British, and the Germans, and, of course, Russians, are striving for the purchase of housing in this region.

The most attractive in this regard for Russian buyers has become Spain. Moreover, our compatriots are mostly acquired there are not apartments, and not at home, but luxurious private villas, that is, elite, expensive real estate.

There is a fairly simple explanation for this: Spain is the largest tourist civilized country with a soft Mediterranean climate. Having acquired his own housing, the buyer once and for all resolves the issue of rest.

In addition, there are other factors explaining such an exciting interest in Spanish real estate – it is a stable economy and stable legislation in the country, the inviolability of private property and, importantly, is a non -comprehensive procedure for registering real estate for foreigners.

An important argument is also the simplicity of a mortgage loan in Spain. In this country, the most favorable conditions for its provision. One of the reasons can also be called the goodwill, friendliness of the Spanish people in relation to Russian people.

Spanish real estate prices depend on its prestige, on the location and fluctuate within the boundaries of 400 thousand euros to several million.

Real private property in Spain guarantees the Russians and their closest relatives an annual Schengen visa, automatically extended every year. Possession of real estate in Spain in the future greatly simplifies the procedure for obtaining a residence permit there.

In conclusion, we can add that the last few years Spanish real estate has been growing in price, 17 percent per year. Therefore, the money invested in it will be stable to increase the condition of its owner.

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