Millions of tourists visit the Canary Islands every year due to the region's widespread appeal. Investment properties, holiday homes, and permanent sunny abodes may all benefit from a purchase in this desirable area. The great climate, which seldom falls below 20 degrees Celsius even in the winter months, has earned this region the nickname "the country of everlasting spring." The average summer...
Spain
There are a few things you need to know before purchasing a house in Lanzarote. Buying a home is a major decision, regardless matter how appealing the area's pleasant climate, pristine waterways, and laid-back culture may seem. In closing, here are some things to consider before signing any contracts. First, make sure you get a reliable attorney You absolutely must retain legal counsel while buying...
This guide is meant to serve as a legal resource for British citizens who are interested in purchasing or selling real estate on the Spanish island of Mallorca. Expert Opinion in the Spanish Real Estate Law When buying or selling real estate in Spain, it is strongly suggested that you retain the services of an independent property lawyer who focuses on urban and land law. Your lawyer should be...
Thinking or buying or selling property in Alicante Spain? With its Mediterranean climate, beautiful beaches, and delicious cuisine, Alicante, Spain, is a favourite vacation and relocation spot. The province and city on the east coast is a contemporary metropolis with a busy port and an important cultural center, and it is home to a number of museums and art galleries. Tourism, shipping, and fishing all...
The recent passage of Spain's new law to expedite Residency permits has resulted in a treble of inquiries from non-EU property investors to leading luxury estate brokerage Lucas Fox. The law, which took effect a few years ago, allows non-EU citizens to get automatic residency in Spain if they invest at least €500,000 in real estate or land. The advantages include hassle-free renewals and borderless...
Germany is the largest source of foreign investment in Spain, with Germans investing over €10 billion in Spanish property in 2022. This is due to a number of factors, including: The strong German economy: The German economy is one of the strongest in the world, and this gives Germans the financial security to invest in property abroad. The favorable exchange rate: The euro has been weak...
The Spanish property market is expected to continue to grow in 2023, albeit at a slower pace than in previous years. The average property price in Spain is expected to rise by 2.5% in 2023, after rising by 5.5% in 2022. The main drivers of growth in the Spanish property market are expected to be: The continued economic recovery in Spain. The Spanish economy is expected to grow by 3.5% in 2023,...
Selling a property in Spain without an estate agent can save you a lot of money in commission fees, but it's important to be prepared and do your research before you start the process. Here are some tips: Set a realistic price. This is the most important step in selling your property quickly and for a good price. Do your research and find out what similar properties in your area have sold...
Thinking about buying or selling property in Andalusia Spain? The southern area of Spain known as Andalusia is made up of several different provinces, quaint towns, and some of the country's finest cities. This stunning southern region, divided into eight provinces and situated on the Iberian Peninsula with a view of North Africa, is a hotspot for tourists and international property buyers. Just have a...
We thought last year's robust market would lead to price rises of 3% to 6%. We hit the nail on the head! In 2023, the Spanish real estate market is expected to become more stable, and prices may even fall. This paper will illustrate why experts' divergent predictions for the Spanish home market's price movement reflect the increased uncertainty about the economy's future course. The good news is that it...