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Call from the UK: 07429.330.639
Buy to Let in Spain is gaining more interest for investors. According to figures from the Bank of Spain (BDE), profits from home rentals reached 4.3% at the end of 2012, the highest level since September of 2004. Therefore, the path to this increase was consolidated at the end of the last financial year. In particular, gross profits from these assets have gone up progressively since June...
If there is a golden rule for buy-to-let investors in Spain, it is to always invest in markets where the rental demand is strong and constant: if tenants leave, you can potentially get other tenants within a short period of time. That is why cities are great… and if the population in the city keeps growing, the scenario looks perfect, since the higher demand should push rental prices up....
Should I pay a Finder’s Fee (FF) to source a Spanish property investment? Well, that is a good question now, given that the Spanish property market is supposed to be a buyer’s market instead of a seller’s market, as it is now in London, for example. To find the right property is a very hard job that requires skills, contacts and lots of time. Any professional agent and/or...
Spain is a distressed property market with thousands of motivated sellers looking to sell their properties. Not very long ago (from around 2004 to 2007), we were talking about a seller’s market where prices were increasing to their peaks and difficult price negotiation processes were undertaken. I would have said that sellers were too spoiled at the time. Now the market has changed and sellers are not too ambitious....
Before buying, be ready to see a lot of properties. During the property boom, home buyers would visit 4 or 5 properties before buying, whereas nowadays they may have to visit up to 20, 25 or even 30 different properties. If you are a home buyer you may need a second inspection trip. Be clear about what your goal is in buying a property: 1) Is...
Ten years ago it was very expensive to buy and invest in property in Spain. Now, after the credit crunch and the current property market crisis, Spain offers an opportunity to buy and even to invest in property that is not to be missed. We have received dozens of enquiries from low budget investors and home buyers who want to take advantage of the opportunity that the current...
The current economic situation has not prevented foreign investors from glancing at Spain when they are looking for destinations for their business initiatives. In fact, direct foreign investment shot up by 62% in 2011, which situates us as the fourth European country as far as having the most projects of this type received in the last year, only behind the United Kingdom, Germany, and France. These facts mean...
Four good reasons why investors and buyers continue to regard Spain as a safe and attractive choice to invest and enjoy 1) Spain is the main destination for British tourists and overseas property investment. Even in crisis the market is showing potential for overseas buyers, including Brits. Positive changes are taking place. According to the latest housing records (kept by registradores.org), the rate of purchases of homes in...
The market in Spain is appealing for investors because of the fact that prices have been dropping and are lower than ever before. People can’t avoid at least looking for properties there when flats can be found for 46 thousand euros and houses for 79 thousand….even city and coastal properties! TINSA, the main property price index group, states that falling prices have reached an average of around...
Property investment in Spain is currently a good opportunity to generate cash flow from buy-to-let, but only in an area with a solid rental market. We believe that in the current property market climate, the only effective strategy for a first-time investor is to buy well below the market value from motivated sellers. Furthermore, investors must buy in cities where the rental demand is permanent and solid,...
Spain is suffering probably the worst crisis since the Civil War in 1936-39. There is a lack of finance, huge amounts of debt and cuts, rising unemployment and a dramatic fall in property prices. The front pages of the media always show the worst side of Spain, but to be honest, life is going on in Spain and the country still has an interesting property market with succulent prices...
The challenge for property investors in Spain is to find a property investment that could produce the highest rental yield in locations where price drop is close to reaching rock bottom. A rental yield above 4.7% is achievable despite the market crash.
