RENT OR BUY REAL ESTATE (APARTMENT, HOUSE, OFFICE, WAREHOUSE) IN SPAIN

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Prykhodko Andrii

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RENT OR BUY REAL ESTATE (APARTMENT, HOUSE, OFFICE, WAREHOUSE) IN SPAIN

RENT OR BUY REAL ESTATE (APARTMENT, HOUSE, OFFICE, WAREHOUSE) IN SPAIN

Author

Prykhodko Andrii

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There are no restrictions on the types of real estate that can be owned by foreigners in the country. It is quite easy to buy or rent real estate in Spain if you leave your contacts and consult with our specialists regarding the service of concluding contracts of sale and lease of real estate in Spain.

So what are the nuances of buying, selling, and renting real estate in Spain?

Our company will help you buy real estate in Spain.

That is why our specialists provide the following legal services in the field of real estate

  • legal consulting in the field of real estate;
  • legal support for the purchase, sale, or lease of land, a house, an apartment, and a niche of non-plumping properties;
  • verification of permit and legal documentation;
  • analysis of information about developers and sellers;
  • verification of information, in particular how real estate registration in Spain took place, etc.

The cost of services when working with real estate in Spain

The price is formed depending on the value of this or that real estate object, its location, and the involvement of lawyers in accompanying agreements on the purchase or sale of real estate in Spain.

Usually, such a value is formed as a percentage of the value of the real estate object and ranges from 2 to 5 percent. At the same time, other approaches to price formation are also possible.

Therefore, if you really want to buy real estate in Spain, then you need to take the following steps

  1. Selection (search) of real estate in Spain
  2. Legal analysis of real estate
  3. Accompanying a notary in Spain

We will be able to select various real estate objects for you: inexpensive studio apartments, economy-class apartments on the secondary market, apartments in new buildings on the first line of the sea, real estate from the developer, townhouses, and detached houses with a plot of land, as well as luxury villas by the sea. The main advantage of Spain is the prices for purchasing real estate, they are quite low compared to other countries.

What you need to pay attention to when buying an apartment in Spain

  • location of the object
  • a contract specifying who is the owner;
  • whether there are no loans or are not under the mortgage, whether fines have not been imposed;
  • make sure that the technical condition of the object meets the norms and requirements established by the state;
  • determine whether the building (or the specifically purchased apartment) is in a lawsuit with the city hall;
  • pre-calculate possible tax surcharges and housing maintenance costs;

Conclusions

So what are the benefits of buying real estate in Spain?

  • the ability to provide your family with financial stability and the possibility of comfortable living on the coast;
  • investment attractiveness of housing;
  • safe investment of funds – you can always rent or resell real estate;
  • the possibility of buying housing by foreigners with a mortgage;
  • obtaining an annual multi-Schengen visa with the residence of the owner and his family members in Spain for 90 days every six months;
  • the right to open an enterprise;
  • a decent holiday at sea at any time of the year.

Investing in real estate in Spain of at least €500,000 gives the owner a reason to issue a residence permit for himself and his family members.

In order to get a Golden Visa, the amount must be paid without involving a mortgage.

Advantages of renting housing

  • low cost compared to hotels;
  • lack of payment of taxes and utility bills;
  • possibility to stop in different places.

Both renting and buying a home in Spain have their pros and cons. It all depends on the specific situation and your capabilities.

Contact us and we will be able to find the most profitable option for you.

Calculate the cost of services

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Lawyer, Doctor of Laws, recognized media expert on legal issues, legal adviser to famous politicians and businessmen.

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