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Investing in Spanish Property

Spain – Investing in Spanish Property – Costa del Sol

Over the last six years property prices in Spain have fallen in some cases by almost 60% and property prices in certain areas are now back to levels not seen since 2002! Experts confirm we are at the very bottom of the property crash – the only way now is UP!

investing

The Spanish government has just passed a new law granting permanent residency permits to foreign investors buying Spanish property at 500,000 Euros and over.

Residency in Spain will also be granted for spouses and children of the non-EU citizens and the Spanish Foreign ministry have been inundated with enquiries from Chinese, Russian, Arabian, Asian and American investors.

Under a similar scheme Portugal has seen Chinese buyers flocking to buy property and according to one Portuguese real estate agent they have seen Chinese buyers generate €25 million in just two and a half months that would otherwise not have existed.

UK, Irish, French and Swedish buyers are also showing signs of returning to the Spanish Property Market and Marbella has become the number one destination for Russian families many of whom are relocating permanently.

When you choose to buy or to rent a suitable Spanish or Overseas Property we will work with you through every step of the purchase process to ensure you fully understand all of the legal requirements and your own responsibilities. We will explain ALL of the costs associated with purchasing in Spain or buying Overseas Property and provide Spanish and UK based contacts, before, during and after your purchase and all issues will be handled efficiently in a manner you would expect from an organisation that makes customer service our highest priority.

Permanent residency permits available for non EU investors buying Spanish property at €500,000