Buying a holiday home in Spain
As a holiday destination, Spain has a wide variety of superb holiday destinations. Warm beaches in the south, with the Mediterranean as a backdrop; cooler beaches in the north, bathed by the Atlantic. It is also possible to find houses in rural destinations or flats in iconic and bustling cities such as Madrid, Barcelona or Valencia, among others. For a stable
Homes for sale in Spain
In the coastal areas, as well as in the suburbs of the big cities, it is possible to find both villas and townhouses to buy. These are located in quiet surroundings in the case of the suburbs of cities such as Madrid or Barcelona, yet very well connected to the city centre thanks to urban transport and a wide network of roads. The areas are also very safe!
In addition, you will find homes that provide an ideal environment for families, as they have green areas nearby, as well as supermarkets, hospitals and a wide range of leisure activities for children. In case you are looking to establish your residence in Spain, the houses are close to a variety of different schools.
Apartments for sale in Spain
Apartments are the most advisable choice for a holiday residence, and they are very profitable if you want to recover your investment in the long term. Cities such as Valencia, Madrid, Barcelona or Pamplona, among many others, are home to important universities that not only receive students from Spain but also from many different parts of the world. Therefore, the demand for rentals is very high.
Yet students are not the only people looking to live in these rented flats, the rest of the population is also looking for a home. In Spain, it is more affordable for foreigners to invest in a home, because if they take out a mortgage, they only need to spend less than 20% of their income to pay off the loan. On the other hand, for Spaniards, the investment is greater, as they have to spend up to 30% of their income to pay the mortgage. This, together with low salaries, means that a large part of the Spanish population now has to live in rented accommodation.
As an investor, it is possible to buy an apartment and rent it for the school season, and then move there during the holiday period. On the other hand, it is also possible to find flats to buy in different parts of the Spanish region: in the big cities and in university destinations, but also in coastal areas.