Real estate in Spain . . a hot topic this year!

Fri, Aug 23rd, 2019

Real Estate Spain

Real estate in Spain is and will remain a hot topic this year!

Spain is in an expansive economic cycle and a good economy means employment, increasing incomes, optimism & confidence, moderate inflation, etc. The FMI predicts the Spanish economy will grow stronger than the Eurozone: Spain +2,2% vs Eurozone +1,6% in 2019. That´s by the way also better than Germany, France (and the U.K).

Foreign buyers are in love (and there is data evidence of this love!) with Barcelona, Madrid, Alicante, the Costas and the islands and there are many factors playing in your favour as a foreign buyers or investor.
In 2018, 65.506 foreigners have bought a property in Spain. That is 1.259 per week (or 250 per working day!), +7,6% more than in 2017, and the 9th consecutive year of increased transactions. At the same time the property market has been strong too: there have never been as many home sales in the last decade as in 2018!

Interest rates are historically low in Spain. It has never been cheaper to borrow money from the bank. This is of enormous help for many buyers to access their dream property, and for investors to increase their financial returns (you use the bank´s money as a low-cost engine to create money for you).

The ECB has confirmed that it will keep interest rates low till at least the end of 2019.

 

Facebook Share

CATEGORIES FOR ARTICLES

Please click one of the links below to view a list of articles related to a specific category.


WOULD YOU LIKE TO BE ABLE TO RETURN TO THE UK?

Do you want to return to the UK?

Please visit our sister site which specialises in helping you return to the UK

Find out more  

REPOSSESSED PROPERTIES

Please visit our sister site which specialises in Bank Repossessed Properties

Repossessed Spain  

REQUEST A
CALLBACK

Sometimes you need to speak to a friendly knowledgeable human. Please leave us your details and we will be happy to call you back.

Click Here

OTHER SERVICES

Please find below links to some of our other services that we can help you with:-

Home Insurance

Home Insurance  

EPC Certificates  

Money Transfers  


Call us on:
Tel: +34 675 312 945
Alternatively Email us on:
Click Here To Email Us