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Investments

Spain is currently home to roughly 2.8 million foreign residents, of whom 1 million own their own homes.  It is estimated that by 2025, the number of property owners will triple.  In comparison to some other locations, property in Spain still remains competitive and potential for growth is huge.

In recent months there have been stories told about a negative future in the Spanish property market. However, looking at numerous goverment facts and figures and recent news articles, this is simply not the case.  The Northern Costa Blanca in particular, has maintained high levels of demand and growth.

The rise of the internet revolution, has allowed people to search for cheaper flights and rent accommodation, cutting out travel agents and thus making Spanish rental properties that much more attractive an investment.  Property in Spain, is still thriving!

Why invest in Spain?

  • The dream lifestyle is a new priority for northern Europeans who have become disillusioned with their cold climates as well as unhealthy, unsafe and hectic lifestyles.
  • Spain offers a fantastic, warm all year round climate with over 300 sun kissed days allowing for an abundance of outdoor pursuits along with the attractive Spainsh culture.
  • Spain boasts some stunning blue flag beaches and breathtaking countryside which caters for all tastes. Rambling, golf, skiing, watersports and beach life are but a few of the ways in which residents and tourists enjoy the outdoors.
  • An excellent infrastructure is already established, with European standards in medical, educational and social security services.
  • Spain is easily accessible from the UK, with links to countless regional airports. Budget fares abound and within 2½ hours you can be touching down in sunny Spain. Alternatively, if you need to dash back “home”, it will not be a lengthy logistical exercise to get there.

Economic Factors

  • Lost confidence in the stock market. More and more people are disillusioned with their poorly performing pension and savings plans, PEPs and stock investments which continue to fall in value. The number one priority has now become the search for opportunities that can give a satisfying return on their investment.
  • Spain still offers value for money and excellent returns. Despite a slight slowdown, construction in certain areas continues relentlessly. Bought in the right location, property remains the favourite form of investment.
  • Property prices in Spain remain a good deal lower than those back home, allowing people to afford a holiday or second home, or indeed relocate to the country and retire early.  Spanish properties are becoming more popular as they provide an excellent investment as well as a holiday home.
  • Off-plan purchases are a popular investment option for those in the know. You can avoid the full cost of paying for the property by paying in installments and selling the property on for a much higher price prior to project completion. Vast profits continue to be made with shrewd off-plan investment.
  • A large and flourishing rental market is offered in Spain and investment in a property with good rental potential can achieve excellent returns. Spain is a top choice for tourists who enjoy a variety of self-catering accommodation, apartments and private villas. Get it right, and you could rent your property out for six months of the year to cover costs and have it for your own use, free of charge, for the rest of the year.
  • Young investors can afford to buy in Spain. There is a new trend emerging amongst the young under 30's to take their first step onto the property ladder abroad. According to a recent survey by Atlas International, Spain is the number one the UK first time buyer's list. 
  • Rising prices seem set to continue for the foreseeable future, in both the popular coastal resorts as well as in easily accessible inland regions. Spain has a stable and mature property market.  Experts predict that prices will continue to rise, albeit at a slower pace than in recent years.
  • The Costa Blanca remains the prime investment area, being the most popular tourist area.  Prices remain relatively high but due to huge demand, you could be sitting on a goldmine in the long-term.
  • Buying in Spain is a well-trodden path. There is plenty of expert, readily available advice on the subject and provided you use a good, independent lawyer, your purchase should be trouble-free.