It is prestigious and profitable to have your home in Spain from any point of view. One of the southernmost countries of the European Union, Spain has a pleasant climate, convenient geographical location, stable economy and can reliably protect real estate investment from economic and political shocks.
The house in Spain as a “reserve option”
The complex world situation, where many regions are faced with internal disturbances, external threats and political instability, forces many people to look for some kind of safety options. What to do, where to wait for possible trouble and unrest. So that, if necessary, they can go to a comfortable, well-maintained home. From this point of view, to buy a villa in Spain is the best option. In today’s world, Europe, and Spain in particular, can be seen as the last bulwark of stability and order. Democracy and the rule of law, low crime rates – all this makes life in Spain very attractive.
It is important that the presence of decent real estate in the property gives the opportunity to get a visa to Spain without problems, and later – and residence permit. And this is a direct road to any country in Europe. Do you want to travel all over Europe? No problem! For many people, a house in Spain is not just a summer holiday on the Mediterranean coast. It is an opportunity to send your family to a completely different cultural environment, so that children grow up and get a decent education, so that they can be safe. And many working people, businessmen dream to retire from business in time and join the family on the “paradise shore”.
Buying a villa in Spain: economic aspects
The recent economic crisis has had a strong impact on property prices. And now is the best time to buy. If before the crisis own house in Spain could afford only the richest and most typical buyers of villas were Europeans from the most developed countries – Germany, Austria, Britain, a few years ago the situation changed. Now your home in Spain has become available to the middle class, especially given the available mortgage programs. And the result did not take long to see. The real estate market is growing in the most favorable areas – Barcelona, Mallorca and so on. At the same time, the cost per square meter of housing in Spain, in the most prestigious and convenient areas, quite comparable to the cost of property of the same class in many other countries. And it is much easier and cheaper to get a mortgage loan.
Villa in Spain as an investment
Often, buying real estate, a person either initially plans to use it beneficially, or assumes this option, if in the future you need money. And from this point of view, the villa is a very suitable investment option. Property prices in Spain have just begun to grow, respectively, there is an opportunity to buy a villa at a favorable price. And at the same time, rising prices promise significant income for the subsequent sale. In addition, the growing demand for real estate in Spain from not only Europeans, but also residents of other countries promises that, if necessary, the sale will take place as quickly as possible.
If your plans do not include moving to Spain for residence or you can spend here only a holiday – free villa can be rented, receiving a tangible income in euros. And villas on the coast are popular among independent travelers, which stops life in the hotel. You can explore the real estate market through mallorca property for sale bargains. So you will have the opportunity to study the real estate market of Mallorca more closely and make your own conclusions.