Investing in Spain is incredibly popular!
The boulevards along the Spanish coast are lively and the Verdejo is lavishly served in restaurants. Contractors no longer have a day off and real estate agents also work overtime. The crisis seems to be forgotten in Spain, the country is back and sparkling as usual.
When the crisis exploded at the end of 2007, Spain had a hard time. Now that the economy is recovering, the housing market in Spain is also experiencing a well deserved rise. The tourism sector is booming and apartments are selling again. There is a huge demand for new construction. As people have more budget , the demand for high-quality and more modern luxury is also rising. New construction projects are hot property at the moment.
The popular coastal towns attract foreigners. House prices are rising steadily and stably, and real estate can still be a good investment if the right project and area are chosen. Britons, Scandinavians and Belgians in particular are flocking to the Spanish coasts to put money in stones here, but Spaniards too are back on the market, buying a second home with an eye on returns.
It is striking that more and more young families are taking the step to purchase abroad. The design of the current economy, in which accessibility and digital communication are essential, contributes to this. Spain is one of the most popular holiday destinations in Europe. Because of this popularity, villas and apartments can be rented out well. With the stable rise in house prices and rental possibilities it is therefore not surprising that people use real estate in Spain as an investment and to generate a (semi) passive income.
For many people, a second stay abroad is a big dream. With its beautiful beaches, fine culture and quality of life, it is not surprising that Spain is at the top of the wish-list of the majority of Northern Europeans. Spain is been declared as one of the best places to live in the world. Add to that the fact that investing is accessible and offers good returns with regard to rental as well as sale, and the picture is complete. Investing and making dreams come true go hand in hand with these factors.
Are you also considering investing in Spain? We offer real estate from the Costa Blanca to the Costa Cálida, Costa de Almeria and the southern Costa del Sol. Click here for our offer.