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Buying properties in Spain

29th Jul 2016 532 Views

Spain is one of the places in Europe where people from the western part of Europe invest in properties the most.

 

Since the recession we had in Europe a few years ago has declined the people of western Europe are starting to invest more in properties in southern Europe, where Spain is the most popular country to invest in. Not only is it popular to invest in because of cheap prices of houses but also that it has excellent connections in regards to flights. According to the Spanish land registry, in year 2014-2015 there was a 13,6% increase of selling properties to foreign citizens. In the same year the prices went down 30-50% compared to the year before, which made it possible for “normal” people to afford buying a house there. According to the Swedish business newspaper Dagens Industri (di.se) the top 5 countries who buys houses in Spain is Sweden, Norway, Belgium, United Kingdom and Ireland. The chart with more details can be seen below.

 

Country Purchuses per 100,000 inhabitant
Sweden 8,4
Norway 7,7
Belgium 6,2
United Kingdom 4,5
Ireland 3,6

 

 

Are you considering buying a house in Spain? Then go through this small check list we have put together for you.

 

  1. Where in Spain would you like to buy a property?
  2. What do you want to do with the property? Use it yourself or rent it out for holidays/long term rental?
  3. How often are there flights there? And what is the closest airport?
  4. Look at distances to services as shops etc. in some places there can be very far to these sort of facilities.

 

 

Are you in the lookout for buying a property in Spain?

In our property portal we have properties for sale in Costa Blanca, San Miguel de Salinas, Orihuela, Ciudad Quesada, Riopar Castilla La Mancha, Torre Pacheco Costa Calida, Torre De La Horadada, San Pedro De Alcantara, Guardamar Del Segura, Formentera Del Segura, Letur Castilla La Mancha, San Miguel De Salinas, Pilar De La Horadada and many other locations, so why not have a look at http://interhomesonline.com to see if there is anything for you?

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