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Buying property in Spain is very easy

Spain is the number one destination for tourists in Europe. So, not a surprise that many foreigners decide to buy property there.

Buying a property in Spain is not too difficult: you can do it alone, but it is strongly advised to work at least with a local real estate lawyer. Of course, local professionals like local property hunters are nice to have.

Before starting our full review on how to buy your Spanish property, we give you three easy-to-use summaries on the subject:

  • Our downloadable step-by-step infographic with all the issues we will cover
  • Our summary of the key insights you will learn in this article
  • Our 2-minute video on the subject (if you are on the go)

 

Our downloadable step-by-step guide on how to buy your property in Spain

 

Too busy? Here is our quick-read summary and our 2-minute video:

 

How to buy a property in Spain?  Our key insights

  1. Eligibility for foreigners: Expats can buy property in Spain. It’s advisable to consult a legal professional throughout the process to ensure compliance with Spanish laws. For certain foreigners, a Golden Visa is available to facilitate living in Spain.
  2. Cost of Property: The cost of buying property in Spain averages at about 15% of the property’s value, which includes taxes.
  3. Best Places to Buy: Choice of location depends on personal preference and intended use of property. Popular regions include Andalusia, the Valencian Community, Catalonia, and the Balearic and Canary Islands.
  4. Spanish Property Market: The Spanish property market has seen a recovery in recent years. By early 2024, property prices in Spain averaged €1.835 per square meter.
  5. Homeownership Vs Renting: Deciding between buying or renting in Spain involves considering income level, interest rates, rental prices and the general economic situation. Each individual’s circumstances will determine the best choice.
  6. Finding Property: Several resources are available to aid in finding the ideal property in Spain. These include guides on starting a Spanish property search, determining the best places to buy, and checklists for different buyer profiles.
  7. Working with a Property Hunter: A local property hunter can offer expertise, negotiate the best deal, save time, protect buyer’s interests, assist with language barriers, and provide post-purchase support.
  8. Legal Adviser: It’s advisable to work with a real estate lawyer to ensure the property purchase is watertight and avoid potential issues.
  9. New-Build Homes: Spain offers advantages for those looking to purchase a new-build home. Abundant plots, high-quality materials, and affordable labor costs are some benefits.

 

Buying property in Spain, our 2-minute video

Would you like to watch this video in your own language? Click at the bottom right of the video on “cc” to get subtitles in your language.

 

 

After this quick introduction, let’s give you all our useful resources on how you should buy your property in Spain to enjoy a nice and safe journey.

#1 May foreigners buy property in Spain?

Yes, foreigners and expats may property in Spain. Spain welcomes foreign buyers, including expatriates, who are interested in purchasing property within the country. There are no specific restrictions or limitations on property ownership for expats in Spain. However, it is advisable to seek professional legal advice and guidance throughout the purchasing process to ensure compliance with Spanish laws and regulations.

For some countries, it is more tricky to buy and/or stay in Spain for a long period of time. The good news is that Spain has created a Golden Visa for foreigners looking to invest in Spain.  Don’t miss our detailed article for more on that subject: Golden Visa in Spain: Your ultimate guide!

 

#2 What are the costs of buying a property in Spain?

Your first question before buying your property will be: Does it cost a lot to buy a property in Spain?

On average the cost of buying a property in Spain will be close to 15%. As in many countries, they are taxes involved with your property purchase.  We wrote a paper to give you the detailed answer: “The cost of buying a property in Spain“.

 

 

#3 Best places to buy a property in Spain for foreigners

 

There are many beautiful regions in Spain. Everybody can find what he is looking for. Depending on your personal project, you could decide on one region rather than another: for instance, if you want to stay all the winter months in Spain, the canary islands could be a nice location if you want at least 20 degrees. In order to help you zoom in on the best Spanish region, we wrote a detailed article on that subject: Where are the best places to buy a property in Spain?

It discusses the choice between a sea view or a countryside setting, with the majority of foreigners preferring properties near the beaches. The popular regions for property purchases are Andalusia, the Valencian Community, Catalonia, and the Balearic and Canary Islands.

A few questions and ideas to help you:

  • When do you want to stay in Spain? Which period of the year? Which weather do you like?
  • How often? The proximity of an Airport?
  • Do you have a good budget? The countryside is cheaper. See the next item in the article on the “Spanish property market”.
  • What is your property use? Second homes, first homes for relocation or retirement, and investment properties

We advise you to read our detailed articles on all the Spanish Costas and of course, visit different areas in Spain.

If this could help, here is our article on where foreigners love to buy properties in Spain.

 

The Spanish property market and property prices

The Spanish property market experienced a significant boom in the early 2000s, fueled by a combination of factors such as favourable mortgage lending conditions, increased demand, and a growing economy. However, the market faced a major downturn during the global financial crisis in 2008, leading to a sharp decline in property prices and a rise in mortgage defaults. At the top in 2007, property prices were valued at €2.100 per square meter while it reached the bottom in 2014 when it went under €1.400 per square meter for the Spanish national average.

In recent years, the Spanish property market has shown signs of recovery, with increased demand from both domestic and foreign buyers. Factors such as low-interest rates, favourable lending conditions, and improved economic conditions have contributed to the growth in homeownership. Additionally, government initiatives and incentives, such as tax benefits for first-time buyers, have aimed to stimulate the housing market. So, as of early 2024, property prices in Spain are back to €1.835 per square meter.

Don’t miss our detailed article on that subject covering all the real estate prices of the major Spanish cities.

Beach of Los Muertos, Cabo de Gata-Níjar Natural Park, UNESCO Biosphere Reserve, Hot Desert Climate Region, Almería, Andalucía, Spain, Europe

Homeownership in Spain

Homeownership in Spain is very high vs other European countries. Owning a property is considered an important goal for many Spaniards, and it is seen as a sign of stability and financial security. According to statistics, around 78% of households in Spain were homeowners as of 2021. This means that there are fewer rental properties on the market and maybe a lower turnover as well on properties. To compare with other European countries: Italy has homeownership above 70% and France and United Kingdom are above 60% while Germany is just above 50%.

It is worth noting that the homeownership rate varies across different regions of Spain. In urban areas and larger cities, such as Madrid and Barcelona, there is a higher prevalence of renting due to factors like higher property prices and a more transient population. On the other hand, in rural areas and smaller towns, homeownership rates tend to be higher.

Overall, while homeownership remains a popular choice in Spain, renting is also common, particularly among younger generations and those living in urban areas. The decision to buy or rent a property depends on individual circumstances, financial considerations, and personal preferences.

 

Should you buy or rent property in Spain?

Deciding whether to buy or rent property in Spain involves considering various economic factors, including the level of income, interest rates, rental prices and the general economic situation. Here’s a breakdown of how these factors can influence your decision:

Level of Income: The level of income is a crucial factor in determining whether buying or renting is more feasible. Generally, higher income levels provide more flexibility and affordability for purchasing a property.

Interest Rates: Interest rates play a significant role in the affordability of buying a property. When interest rates are low, borrowing costs decrease, making mortgages more affordable. If interest rates are low in Spain, it can be advantageous to buy since you can secure a favourable mortgage rate, potentially resulting in lower monthly mortgage payments compared to high rental prices. On the other hand, if interest rates are high, renting may be a more financially reasonable option as it avoids taking on a mortgage with unfavourable borrowing costs.

Rental Prices: Rental prices in Spain vary depending on the region, property type, and demand. Comparing rental prices to the cost of buying a similar property is essential.

General economic situation: Is your job stable? Are property prices expensive or not at a nationwide level? Vs international cities? Is the economy growing? What about inflation?

Ultimately, the decision to buy or rent in Spain depends on personal circumstances, financial stability, long-term plans, lifestyle preferences and the economy in general. It is always wise to discuss this further with financial and real estate advisors.

 

Don’t worry there are bank properties for all budgets in Spain. If you are on a tight budget, we give you direct access to Spanish bank properties.

Short-term (holiday) lets

Before buying a property, you can rent a property. Each Spanish region has its own regulation on short-term rentals. So, if you want to invest in a property for short-term rentals, it is wise to double-check with a legal advisor.

Yacht berth in Barcelona. Spain

 

#4 How can I find my dream property in Spain?
What is your ideal property?

 

Buying property in Spain alone

We wrote a detailed guide on that with different sections helping you to find your ideal home in Spain, whatever your goal is: relocation, remote working, investment, second home, retiring to Spain… We have you covered.

Here is the link to this major study: Our ultimate guide to buying your property in Spain if you want to start your property search in Spain

Here is what you will learn in our detailed study:

  • The article is a guide for foreigners buying property in Spain, leveraging the authors’ expertise and network.
  • Spain is a top property investment destination due to its climate, lifestyle, and affordable prices.
  • The guide answers questions about the property buying process in Spain.
  • It recommends working with local experts as property hunters, and technical advisors, and obtaining an NIE (local tax number).
  • To avoid pitfalls, the guide suggests hiring a real estate lawyer for legal aspects.
  • It lists the different criteria you should use to compare the different potential properties and avoid an emotional decision.
  • It outlines the process for starting a property search, including setting objectives, budget, and home criteria.

 

That study is followed up by four detailed articles so that you get all your answers and all our tips before going after your dream property: You will start with this one: How should you start your Spanish property search?

Once you will find a few properties that are meeting your criteria, you will need to compare those.

 

Property Purchaser’s checklist

In this article, The best search tips for buying your Spanish property we have created a dedicated checklist for each buyer profile: second home, relocate, investment property, retire in Spain. With those downloadable pdf, you will be able to compare your top properties by all the different persons involved in this project thanks to useful criteria and a perfect ranking system taking emotions out of the decision.

On top of that, we give you all the most important criteria according to us each real estate use: second home, investment property, relocate, retire,…

Fishing Port, Mutriku Harbour, Old Town, Mutriku, Guipúzcoa, Basque Country, Spain, Europe

 

How to compare and rank different properties to make the best choice?

Use our ranking system for comparing your future Spanish homes

Ranking your property according to criteria will allow you three main objectives

  1. remove emotions
  2. help you to compare properties
  3. allow you to discuss and compare properties with your partner(s)

The idea is simple: to create a weighted matrix containing the physical characteristics (pragmatic, rational) of the house, we will call them the Criteria and you will give each of them an importance level (personal, irrational) or Weight. Each person involved with the project should do the same.

Listing those locations and property CRITERIA in a table will help you for comparing the different properties visited by giving them a global score.

The CRITERIA are rational and shouldn’t take into account your personal feelings (unless for one). They are listed beforehand by all the parties involved in the form of an exhaustive list of each of their criteria.

How to compare two second homes in Spain before purchasing the good one?

How to compare two second homes in Spain before purchasing the good one?

 

#5 Finding the perfect property with a local property hunter

It is very wise to work with local property finder as you can see, there are many benefits of working with a property hunter:

  1. Market Knowledge: Property finders have extensive knowledge of the market, prevailing prices, neighbourhoods, and reliable partners.
  2. Cost Savings: A property finder negotiates the best deal for you, potentially saving you a significant amount of money.
  3. Time Savings: Property finders search the market on your behalf, saving you time and effort. They have contacts and can make multiple visits in a day.
  4. Protection of Interests: Property finders work for the buyer, ensuring their interests are protected throughout the buying process.
  5. Language Assistance: Property finders speak both Spanish and your language, bridging the communication gap and facilitating the process.
  6. Post-Purchase Support: Property finders assist with tasks like opening utility meters, contacting property owners, paying taxes, and finding local partners for renovations or property management.

Using a property finder streamlines the property search process, saves time and money, provides market expertise, and offers support throughout the entire buying process.

Find a local property hunter in our network and read more on that here.

 

#6 Don’t forget the legal adviser

Buying a property in Spain alone is perfectly fine, but we always strongly advise working with a real estate lawyer as we wrote in our article. If we should cite only one reason, the lawyer will make sure that your property purchase is watertight as the notary is not legally obliged to check different potential issues with the property.

Seascape from Peña Furada Viewpoint, Ortigueira, A Coruña, Galicia, Spain, Europe

 

#7 Buying a new-build home in Spain

When considering the purchase of a new build property, Spain offers three significant advantages. Firstly, Spain stands as Europe’s leading source for a wide range of high-quality materials, including tiles. Secondly, the cost of labour is reasonably affordable. Lastly, the country’s expansive size and extensive coastline make it an ideal location for development, offering abundant plots for construction projects.

Discover the best new build projects in Spain available right now
€ 320,000
2 beds 1 bath 61.3 m²
€ 313,000
2 beds 2 baths 61.3 m²
€ 540,000
3 beds 3 baths 191 m²
€ 520,000
3 beds 2 baths 109 m²
€ 345,000
2 beds 2 baths 97 m²
€ 435,000
3 beds 2 baths 114 m²
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 367,000
3 beds 3 baths 177 m²
€ 262,000
3 beds 2 baths 84 m²
€ 242,000
2 beds 2 baths 72 m²
€ 277,000
2 beds 2 baths 73 m²
€ 255,000
3 beds 2 baths 85 m²
€ 220,000
2 beds 2 baths 71 m²
€ 240,000
2 beds 2 baths 80 m²
€ 280,000
3 beds 2 baths 88 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 355,000
3 beds 2 baths 100 m²
€ 385,000
2 beds 2 baths 76 m²
€ 325,000
3 beds 2 baths 97 m²
€ 269,000
2 beds 2 baths 81 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
€ 730,000
3 beds 2 baths 149 m²
€ 529,000
3 beds 2 baths 133 m²
€ 319,000
2 beds 2 baths 87 m²

 

#8 Moving into your Spanish property

Our checklist for a new property owner in Spain

Yes, you did it, you bought your property. Now, you have some easier task to set up like opening utilities and so on…

The 18 things to do as a new property owner in Spain 

Barcelona City in Spain seem from the air, showing the impressive architecture and block systems of the apartments and offices in the busy Spanish metropolis

Cost of Owning a home in Spain

Of course, a property is an investment and it means that you have costs for the property. We calculated for an apartment in Barcelona that costs are between 0.5% and 1% of the property price on a yearly basis.

Does it cost a lot as an owner of a Spanish property? Check our paper: “The cost of owning a property in Spain“.

Yes of course you got it… Taxes again: What taxes do you have to pay on your Spanish property?

 

#9 The 9 Steps to buying your Spanish property

In order to complete this review on the buying process of your property in Spain, in this section, you will have a closer look at all the different practical steps before you become an owner in Spain.

if you prefer, listen to our 2 min 30 seconds Video on the 9 steps to buying your Spanish property:

  1. Get your NIE “Número de Identificación de Extranjeros”

    It is a unique tax identification number in Spain for anyone who isn’t a Spanish citizen. You will need your own NIE number to purchase property and pay the necessary taxes! So it’s wise to apply for this as soon as you start looking for properties.

    You can get it in person or via a third party. You can get it in Spain or in your home country at a Spanish Consulate. You need to ask one for your spouse as well if you buy together.

    Read our article on this: “Your ultimate guide to your NIE number“.

     

  2. Find a lawyer speaking your language and Spanish

    Your first step will be to find a reliable independent lawyer who is specialized in Spanish land and property law. Unless you speak fluent Spanish, you should find a lawyer speaking your mother tongue. More on that here: What is the legal due diligence for your Spanish property?

    Looking for a property lawyer in Spain? Check all our partners here!

     

  3. Open a Bank account

     

    With your NIE and all your documents, it is easy to open a bank account in Spain. Pay attention if you are buying from outside the Eurozone. Your local bank could charge high costs to convert your local currency into Euros or wire funds to Spain. We found a good partner to assist you in a cost-efficient manner, read our detailed paper for more on that: How to pay for your Spanish property in Euros – € while you live in a non-Euro country?

     

  4. Do you need a mortgage?

    If the answer is yes, it’s time to start working on it. You can get a mortgage either

    • from your home country
    • or from Spain

    Ask for a mortgage from one of our partner

    Read our step-by-step article with all the information you need: Your Spanish Mortgage: How to apply? How to get the best rates?

     

  5. Sign the “contrato de Reserva”

    The “contrato de Reserva” expresses your intent to purchase and remove the property from the market, it is the reservation contract. In general, you will need to pay a holding fee of €3000 to 6000. Funds are held in escrow for 14 to 21 days and you have the time to do checks on the property during that period. At the same time, a purchase contract will be drawn up and legal checks carried out.

    => This contract is very important, don’t sign without including provisions so you can exit the contract.

    => Cash ideally held by a reliable third party

     

  6. Important checks of the property with experts

    1. the land registry, « Registro de la Propriedad»
    2. the appropriate planning permission has been obtained
    3. No outstanding debts attached to the property
    4. the Community of owners documents’
    5. the property is as described and structurally sound

    Looking for an expert in Spain? Ask us directly!

     

  7. Get your mortgage confirmed

    Have a look at our reports on this subject:

     

  8. Sign the “contrato de Arras”

    It is the private purchase contract called as well “Contrato Privado de Compraventa”.

    You will need to pay your deposit of 10% of the property within 10 days.

    As soon as the necessary legal checks have taken place, you will be required to sign the private purchase contract which will state the full price of the property.

     

  9. Go to the Notary to sign the contract for the purchase of the property

    At the completion stage, all parties connected with the selling and purchasing of the property must be in attendance to sign at the offices of Notaria Publica. This includes your lawyer, mortgage provider (if applicable) and the seller or their legal representative. Before signing you should ensure you have a thorough understanding of all the costs involved and have sufficient funds to cover payments, fees and taxes.

     

Now that you know all the different steps, let us help you with how to do it in an easy way.

#10 Useful resources

For further reading:

 

Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain:

Click on your country flag, you will find your pdf report at the end of each article. Get most of our tips there.

 

 

 



Stéphane
Senior analyst and strategist at HTBIS

Stéphane, with over 20 years of experience in real estate, finance and entrepreneurship, is the co-founder of www.howtobuyinspain.com. With an extensive network of local partners in Spain, his deep commitment to the real estate sector combined with strong analytical skills and a problem-solving mentality have fueled his success. Constantly eager to learn and passionate about teaching, Stéphane believes in the power of knowledge sharing to master any subject.

Check the full HTBIS team here

 

FAQ Buying property in Spain

Is buying property in Spain a good idea?

There are many reasons for buying a property in Spain: one of the first is that real estate is cheap and the cost of life is low. Of course, you need a Beach and 320 days of Sun. But there are many others, that's why Spain is the number one tourist destination in Europe

What taxes do you pay when buying a property in Spain?

The taxes for buying a property in Spain are different depending on the fact that it is a resale or a new build. Each region in Spain as well as some tax authority. The rule of thumb is that taxes are between 10 and 15%. Read our dedicated article on that: What is the cost of property acquisition in Spain?

How long does it take to buy a house in Spain?

Buying a house in Spain can be done in one day. But if you want to do proper due diligence and if you want a mortgage it should be about 10 weeks.

Can foreigners buy real estate in Spain?

Yes foreigners can purchase a property in Spain. In order to do that, they need a NIE. Read more in our article: the 9 steps to your Spanish property

The post Buying property in Spain? Easy with our 2024 Guide 😎 appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/buy-property-in-spain/feed/ 0 Buying property in Spain – Step by step guide Golden Visa in Spain Costs of buying a property in Spain Beach of Los Muertos, Cabo de Gata-Níjar Natural Park, Spain Beach of Los Muertos, Cabo de Gata-Níjar Natural Park, UNESCO Biosphere Reserve, Hot Desert Climate Region, Almería, Andalucía, Spain, Europe Harbor in Barcelona Yacht berth in Barcelona. Spain Fishing Port, Mutriku Harbour, Mutriku, Spain Fishing Port, Mutriku Harbour, Old Town, Mutriku, Guipúzcoa, Basque Country, Spain, Europe How to compare different Spanish holiday homes Seascape from Peña Furada Viewpoint, Ortigueira, Spain Seascape from Peña Furada Viewpoint, Ortigueira, A Coruña, Galicia, Spain, Europe Barcelona City Cathedral at Sunset Barcelona City in Spain seem from the air, showing the impressive architecture and block systems of the apartments and offices in the busy Spanish metropolis Infographic the 8 steps to your spanish property How to get the best mortgage rates in Spain gbunitedkingdomflag_111699 degermanyflag_111762 nlnetherlandsflag_111906 Russia China Sweden Morocco Italy Belgium Belgium France Romania Stéphane co-founder of HTBIS The 18 things to do after buying your property in Spain https://howtobuyinspain.com/en/buy-property-in-spain/things-to-do-after-buying-property-in-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/things-to-do-after-buying-property-in-spain/#respond Tue, 25 May 2021 10:44:47 +0000 https://howtobuyinspain.com/?p=21249   Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   The 18 things to do after buying your property in Spain Congratulations! Did you buy your dream property? So, don’t miss our useful

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The 18 things to do after buying your property in Spain

Congratulations! Did you buy your dream property? So, don’t miss our useful tips to enjoy your property from day one and to keep everything under control.

 

This article is the last one from our detailed series: Our ultimate guide to buying your property in Spain.

  1. Take insurance to cover your property

    It is very easy to insure a property. In case of an accident, you will be covered should anything happen to the walls, the furniture, and your personal effects as well as your civil liability.
    The civil liability guarantee is fundamental because it protects you and your family from any material or immaterial damage caused to a third party.
    When should you do it? As soon as you paid the first tranche of the property, you should check that. You can even do it before going to the notary. By doing this, you can cover your property for any event that would happen as soon as you become the owner of the property. Quite often, it means that you are the owner as soon as you signed the purchase act at the notary.
    So, don’t forget to insure your property.
    We have a very good partner that will provide you with competitive quotes for any property in Spain: follow this link to learn more: insure your holiday home in Spain. In that article you will learn how much does it cost home insurance in Spain? Why you should take home insurance in Spain? and how to choose the best home insurance in Spain?

 

  1. Copy all your purchase documents

    It is wise to keep a copy of the purchase contract, the notary act, the proof of payments,… Keep those in a safe or at least on the cloud. Those documents could be useful to prove that you are the owner of the property, to get some service running, … and at a later stage, when you will sell the property you could have to pay a tax on your capital gain. More on that here: tax for property owners in Spain. Another use is that many countries are looking to finance deficits and you could need to prove from where your cash is coming and could need to prove your funds comply with anti-money laundering regulations.

 

  1. Get local experts

    If you bought this property and are living abroad: it is not your first home but it is a holiday home or an investment property. In this case, our advice is that you don’t try to manage everything alone. Distance management is nearly impossible and is stressful. Get the help of some local partners: renovation works, property management, tax filling, so many items that you could delegate to a reliable local partner and that will change your experience into a successful one.
    Good to know: many services will be much cheaper in spain than in your home country, so try it, you will be surprised.

 

  1. Buying in a multi-unit property?

    If you are buying an apartment or a property with many units in the same property, you will have a community manager. This company manages the property for all issues common to all the owners: stairs, garden, roof, facade, pool,… If you hired a lawyer for your property acquisition, most of the time, he will check the situation of the property and the building with the company managing the property. In any case, you need to contact the community manager to make sure he has your details and can contact you.

 

  1. Security checks

    It is very important, from day one, to secure your property by changing locks and eventually add or upgrade the current Alarm system. Nowadays you have complete solutions allowing you manage the property access, manage the utility settings and secure your property. Of course, a webcam is quite obvious and doesn’t cost a lot. One of our partners installed a full system allowing us to control access remotely (by phone) and to check outside the property.

 

  1. Connect utilities

    Get utilities back and running is important to be able to live on your property. Internet connection, water, gas and electricity is a must. Remember to check payment options, nowadays, you can organise automatic payments.
    Interesting to know: utilities are one of the rare things that are more expensive in Spain than the rest of Europe, so make sure you have a good contract and don’t consider it free! Read more on that in our detailed article: The cost of living in Spain.

 

  1. Water heater, gas installation and electrical appliance check

    You are not aware of that I guess but if the gas installation was cut for a while, when you want to reopen it, you will need your installation to get certified. It is a good time to check any electrical appliance if any in the kitchen or anywhere else on the property.
    Our tip: you will have outdated systems consuming a lot of electricity, as already said electricity is expensive in Spain so it could be wise to upgrade your fridge for a new “A” one and reduce your consumption? Do the math for all your electrical appliances!

 

  1. Smoke and Carbon monoxide detectors

    Some EU countries have to have those in your house. Some don’t but it is important to think about those easily available tools that could save your life. Of course, those detectors are even more useful if you have a fire or any apparel that would emit smoke or Carbon monoxide in your property. To our knowledge, it seems that they are not required in Spain by law. We would advise you to check the current regulation with local authorities.

 

  1. Air conditioning check

    Many properties have AC installed but many don’t have one in Spain. If you have one, check if it is running smoothly, change filters and eventually get a visit from an expert. From time to time, you will have outdated systems consuming a lot of electricity, as already said electricity is one of the rare things to cost more in Spain than at other places in Europe. Check our article on that: The cost of living in Spain.

 

  1. Renovation works? Refresh painting? Interior architect?

    Before moving in, it is the perfect time for a quick (or not) renovation and to refresh wall paintings. So much easier now without furniture. In Spain, you can find a lot of qualified professionals at good prices. Always better to work with references. As we are active in Spain, we could help you to find some qualified professionals, check it here: find qualified partners for renovation works in Spain.

 

  1. Deep clean of your property by a team of professionals

    Before moving in, the last thing you should do is a deep cleaning of your property. Why not ask a team of professionals?

     

  1. New place, time for new furniture?

    Why not get some fresh air and change a few pieces of furniture that will fit better with your new space? Either you will get more space or less space but you will need to fit it properly with furniture. Why not take the opportunity to change this old sofa and invest in a new one? The dining table could as well be too large or too small or maybe the composition of the family changed over the years. Make sure to have those two places as comfortable as you want.
    Last idea: Time for changing your mattresses? Get some comfort! Calculate the price per night of any mattress, it is not too expensive and surely less than going to a doctor. Remember: you are spending a third of your life in your bed.

 

  1. Create a maintenance schedule

    This is the perfect time to create a maintenance schedule for your property: a property needs regular maintenance: cleaning, paintings, Security, Alarm checks, electrical appliance checks,… We all know that a quick regular check will diminish the long term costs of maintenance of your Spanish property. Why not create a dedicated agenda or checklist for your property?

 

  1. Meet your neighbours

    Meeting your neighbours is nice and could be useful for both of you: who doesn’t need someone for picking up mail or watering plants while on holidays? At the same time, you will live close to each other, it is always easier to discuss potential issues in a positive context.

 

  1. Time for your housewarming party

    Now that you did all the work, it is time to organize the housewarming party you dreamt of for ages. Don’t forget to invite your neighbours and keep them aware of the extra noise. Always better to start nicely.

 

  1. Do you want to get some extra income?

    Short term rental?

    Do you have an extra bedroom? You are leaving for a few months? You are on holidays? So many opportunities to get some extra cash if you are living in your Spanish property. Of course, if you bought a second home it makes even more sense. We live in a world where it is so easy to get some extra income thanks to Airbnb and other services. There are a lot of regulations around short term rental in Spain, so check it first with our real estate lawyers. Remember that those regulations are different in all the Spanish regions. Don’t forget, managing a property could be a full-time job. To help you out, check the services of our partner assisting all our property owners everywhere in Spain for their holiday rental management.

    Long term rental?

    If you bought your property as an investment property, you can prefer long term rentals to short term rentals. It would mean less turnover with your tenants and could mean a higher occupancy rate. Don’t forget to take the time to screen your tenants. Remember as well to check the landlord-tenant regulations with our real estate lawyers.

 

  1. Taxes

    Investing means taxes. Where should you start? Register to the local city hall or “ayuntamiento” in Spanish and you can give paying instructions for the local taxes called “IBI” which is an abbreviation of “Impuesto sobre Bienes Inmuebles”. Those are collected quarterly and are fixed according to the value of the property. They could increase slightly year on year. Another tax is the tax you have to pay to the finance ministry or “hacienda” in Spanish. If you are living abroad it is form 210. Don’t miss our earlier article on that: What taxes do you have to pay on your Spanish property? Need help? Check it first with our real estate tax advisors. Last but not least, don’t forget the taxes due in your home country.

 

  1. Keep some savings

    Last but not least, a house is full of maintenance costs, small ones in the short term but big ones in the long term. Expected ones and unexpected ones. Always better to keep that in mind.

 

With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

The experts from our network are active in all the fields you need:

  1. Property finders
  2. B&B
  3. Lawyers
  4. Tax
  5. Architects
  6. Money Transfer
  7. Mortgage
  8. Holiday rental management
  9. Insure your Spanish property
  10. Property survey
  11. Renovation

 

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

FOLLOW US

The post The 18 things to do after buying your property in Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/things-to-do-after-buying-property-in-spain/feed/ 0 Street of Sevilla 01 Find your real estate partner in Spain Stéphane co-founder of HTBIS The best 44 tips for finding your ideal home to retire to Spain https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/retire-to-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/retire-to-spain/#respond Mon, 17 May 2021 16:13:41 +0000 https://howtobuyinspain.com/?p=21150 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   How to find the best places to retire to Spain? Our definitive guide to find the perfect property matching your expectations   In this

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The post The best 44 tips for finding your ideal home to retire to Spain appeared first on How to buy in Spain.

]]> Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

How to find the best places to retire to Spain?

Our definitive guide to find the perfect property matching your expectations

 

In this article, we give you the best tips on how to find the perfect place to retire to Spain. If you want to read further on the subject, it came from our detailed series:

Our ultimate 2022 guide to buying your property in Spain and more specifically the third article The best searching tips for buying your Spanish property.

Living in Spain is quite easy if you are resident of any EU country. If not, there are other possibilities, visit as a tourist or even get a permanent visa with a Golden Visa. Read our article for more on the: The Golden Visa in Spain. Let’s have a look at how you should search for your ideal property to retire in Spain.

 

  1. 5 easy steps to start your home search for retiring in Spain

    Step 1 (optional) Hire a local property hunter from our network to save money and time and make the process smooth.
    Step 2 Hire a local Spanish property lawyer speaking your language from our network.
    Step 3 Define your budget: How much personal funds do you have available? Should be at least 45% of the property value, ideally 70%. If you need a mortgage, have a quick look at our paper: our ultimate guide to your Spanish mortgage.
    Step 4 Define the property use: Second home, first home, home to retire or investment property. Here it is a home to enjoy your pension but don’t forget it could change in the future. If it will change, your set of criteria for the ideal property will change as well (see step 5)
    Step 5 List your criteria for your ideal property: create a list of the best location criteria: What is the perfect location for your Spanish property? After that, create a list of your ideal property criteria. In order to assist you, we gave you hints for those two lists in the next two sections.

    At the end of our article, you will find our easy to use downloadable form allowing you to rank different properties.

     

    Retiring in Spain means more pleasure, take the time for yourself. Chill out… Doing nothing… As you will notice, most of our top location criteria will have this meaning.

 

  1. The top 16 location criteria for your new home to retire to Spain

    1. A secure Neighbourhood
    2. Close to family members
    3. A lively neighbourhood 12 months per year, yes, you don’t want to live in a dead village 10 months or 12 months per year.
    4. Is the weather as you want when you will go (winter months?)? Check our monthly weather statistics for the top 20 Spanish cities
    5. Shops are close and less than 10 minutes on foot
    6. Are green areas around? Yes, you can relax full time now!
    7. What about the public transport network? Is it close to where you live? Is it developed as you would like it?
    8. Are you living close to the beach? At least within 20 minutes of public transport
    9. Proximity to excellent Hospital & care facilities. We hope that you are in good shape and can enjoy Spain to retire. But yes, we all get old and need more assistance while getting older.
    10. Is the cost of life of the city fitting with your desires and your wallet?
    11. Recreational and social activities around?
    12. Are restaurants close to your home? Now, you have the time to enjoy those pleasures.
    13. If you play golf, are golf courses within 20 minutes by car? Enjoy the good years while you are healthy and fit.

Discover the best new build projects located on a golf resort
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
    1. Are the taxes not too high in your neighbourhood? This is important as you will rely on your savings from now. Even as a foreigner, usually you pay the taxes on your “income” where you live more than 180 days per year. Always better to check that upfront.
    2. Most of the time you want to relax with your family, so recreational and family activities should be available in the region.
    3. Consider renting first (with purchase option)? You don’t have to buy “day 1”

You will need to adjust this list with your location criteria for your ideal home to retire to Spain. Have a look at our downloadable pdf available at the end of this section for an exhaustive list of criteria and our ranking system for your future Spanish home.

 

  1. The top 19 property criteria for your home to retire to Spain

    1. Your personal feeling. It is time to think about yourself, isn’t it?
    2. Security: fence and/or entrance gate, advanced technologies, fire alarm
    3. Outdoor Spaces: Garden, Terrace,… You are spending more time at home, so, get it as you want it! Enjoy the nice weather 320 days per year.
    4. Swimming pool (size,…) Sport, social life and good eating habits are the best way to keep good health.
    5. Size of the property corresponding to your taste. You got it, not too small, not too big. You could have a lot of family visits, an extra bedroom could be useful.
    6. Natural light
    7. Are the size of the sleeping rooms as you want?
    8. Is the quality of construction correct? How old is the property?
    9. Is the property price aggressive vs the market? Real estate agents in Spain love foreigners… That’s why a property hunter will get you better prices. It’s your first home, so yes, you should get it as you want but as it is your first home, you could need to sell it soon, don’t overpay!
    10. Is the layout of the property sound? Natural light correct?
    11. Is the size of the kitchen as you want?
    12. Air conditioning? Could seem normal, but it is not always the case
    13. Buying within a community? Check how are community spaces fitted? Concierge, pool, garden, terrace, dog park, picnic area, children area, Fitness space, indoor workspace,…
    14. Garage or parking space large enough
    15. Eco friendly? Insulation, Solar panels, Water
    16. Yearly maintenance costs, property average maintenance time /week
    17. Yearly taxes
    18. Yearly community costs
    19. May I rent the property short term? Is it legal? Why not get some extra funds during summer months? Pay attention, if you love your quiet life, this could be a bad idea.

     

    If you plan to buy a new build property, we wrote this specific list that will guide you to your ideal new build first home in Spain. Don’t forget to add those criteria to your personal list.

 

  1. The top 9 property criteria for your ideal new build Spanish home

    1. Reputation of the builder. Have you checked other projects realized by the same builder?
    2. Design & standard set of specifications
    3. Possibility to personalize to my taste
    4. Bank warranty
    5. Advanced technologies, fire alarm, security
    6. Delivery date
    7. Payment schedule
    8. Detailed plans for the property
    9. Community spaces finishes

    Read more on that subject: What are the advantages of buying a new build property in Spain?

     

    Discover the best new build projects in Spain, direct from our partners with a €5,000 discount!
    € 320,000
    2 beds 1 bath 61.3 m²
    € 313,000
    2 beds 2 baths 61.3 m²
    € 540,000
    3 beds 3 baths 191 m²
    € 520,000
    3 beds 2 baths 109 m²
    € 345,000
    2 beds 2 baths 97 m²
    € 435,000
    3 beds 2 baths 114 m²
    € 350,000
    3 beds 2 baths 106 m²
    € 273,000
    2 beds 2 baths 83 m²
    € 368,000
    3 beds 2 baths 103 m²
    € 315,000
    2 beds 2 baths 90 m²
    € 245,000
    2 beds 2 baths 83 m²
    € 335,000
    3 beds 2 baths 98 m²
    € 250,000
    2 beds 2 baths 90 m²
    € 420,000
    2 beds 2 baths 81.7 m²
    € 475,000
    3 beds 2 baths 101.9 m²
    € 490,000
    3 beds 2 baths 119.8 m²
    € 540,000
    3 beds 2 baths 129.2 m²
    € 530,000
    3 beds 2 baths 106.9 m²
    € 370,000
    2 beds 2 baths 88.9 m²
    € 440,000
    3 beds 2 baths 106.9 m²
    € 367,000
    3 beds 3 baths 177 m²
    € 262,000
    3 beds 2 baths 84 m²
    € 242,000
    2 beds 2 baths 72 m²
    € 277,000
    2 beds 2 baths 73 m²
    € 255,000
    3 beds 2 baths 85 m²
    € 220,000
    2 beds 2 baths 71 m²
    € 240,000
    2 beds 2 baths 80 m²
    € 280,000
    3 beds 2 baths 88 m²
    € 585,000
    3 beds 3 baths 162 m²
    € 348,000
    3 beds 2 baths 220 m²
    € 355,000
    3 beds 2 baths 100 m²
    € 385,000
    2 beds 2 baths 76 m²
    € 325,000
    3 beds 2 baths 97 m²
    € 269,000
    2 beds 2 baths 81 m²
    € 631,000
    3 beds 2 baths 123 m²
    € 345,000
    2 beds 2 baths 154 m²
    € 430,000
    3 beds 2 baths 116 m²
    € 730,000
    3 beds 2 baths 149 m²
    € 529,000
    3 beds 2 baths 133 m²
    € 319,000
    2 beds 2 baths 87 m²

 

  1. Download our exclusive PDF form and compare

    your best places to retire to Spain

     

    Download our form, print it as many times as needed: one per property, one per partner.

    Fill the forms:

    How to fill this table? How to compare different homes to retire to Spain?
    1. List criteria for the ideal Spanish holiday home with all the persons involved
    2. Give a WEIGHT for each criterion between 1 and 10. (10= important, 1= not important)
    3. Print a list for each person involved in the project
    4. Visit the potential properties and each person involved give RATINGS between 1 and 10 for all the criteria. (10= criteria met perfectly, 1 = bad)
    5. Compare the total scores for each property, rank them and compare them with the results of other persons involved in the project.
    Note that criteria WEIGHTS (1) are the same for all the properties while Criteria RATINGS (2) are specific for each property.

    If you want to read more on how to use this ranking system, please go to section 9 of our detailed article

    Our downloadable pdf form for ranking your home to retire to Spain

    Compare homes to retire to Spain

    How to compare two homes to retire to Spain

 

  1. How much does it cost to buy a property in Spain?

    Depending on the fact that you are buying a resale or a new build, the cost will be different but a good rule of thumb is 14%. Read more on that in our detailed article: The cost of buying a Spanish property.

 

  1. How much does it cost to own a property in Spain?

    A good estimate is 0.7% as we wrote in our detailed article: The cost of owning a Spanish property.

 

  1. How do our partners help you with those first steps?

    • We have a local mortgage broker dedicated to getting mortgages for foreigners. Ask for a free mortgage quote.
    • Our property hunters are there to assist you to find the perfect property more on that in the 3rd article: “How should you search for your dream property?”

     

    With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

    The experts from our network are active in all the fields you need:

    1. Property finders
    2. B&B
    3. Lawyers
    4. Tax
    5. Architects
    6. Money Transfer
    7. Mortgage
    8. Holiday rental management
    9. Insure your Spanish property
    10. Property survey
    11. Renovation

     

Would you like to read further?

Last year we wrote detailed property buyers guides custom made for any nationality. Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain: Click on your country flag, you will find your pdf report at the end of each article.

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post The best 44 tips for finding your ideal home to retire to Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/retire-to-spain/feed/ 0 How to compare different homes to retire to Spain Find your real estate partner in Spain Stéphane co-founder of HTBIS The best 41 tips for finding your best home for moving to Spain https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/move-to-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/move-to-spain/#respond Mon, 03 May 2021 13:11:32 +0000 https://howtobuyinspain.com/?p=21129   Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   How to find the perfect first home in Spain? Our definitive guide to find the perfect property matching your expectations.   In this

Read More

The post The best 41 tips for finding your best home for moving to Spain appeared first on How to buy in Spain.

]]>  

Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

How to find the perfect first home in Spain?

Our definitive guide to find the perfect property matching your expectations.

 

In this article, we give you the best tips on how to search for your ideal first home in Spain. If you want to read further on the subject, it came from our detailed series:

Our ultimate 2021 guide to buying your property in Spain and more specifically the third article The best searching tips for buying your Spanish property.

 

  1. 5 easy steps to start your first home search in Spain

    Step 1 (optional) Hire a local property hunter from our network to save money and time and make the process smooth.
    Step 2 Hire a local Spanish property lawyer speaking your language from our network.
    Step 3 Define your budget: How much own funds available? Should be at least 45% of the property value, ideally 70%. If you need a mortgage, have a quick look at our paper: our ultimate guide to your Spanish mortgage.
    Step 4 Define the property use: Second home, first home, home to retire in Spain or investment property. Here it is a first home but don’t forget it could change in the future. If it will change, your set of criteria for the ideal property will change as well (see step 5)
    Step 5 List your criteria for your ideal property: create a list of the best location criteria: What is the perfect location for your Spanish property? After that, create a list of your ideal property criteria. In order to assist you, we gave you hints for those two lists in the next two sections.

    At the end of our article, you will find our easy to use downloadable form allowing you to rank different properties.

     

    Holiday means more pleasure, time to enjoy your family and doing things for yourself. Chill out… Doing nothing… As you will notice, most of our top location criteria will have this meaning.

 

  1. The top 14 location criteria for your new home to relocate to Spain

    1. A lively neighbourhood 12 months per year, yes, you don’t want to live in a dead village 10 months or 12 months per year.
    2. Commuting time to work and Schools should be less than 40 minutes for yourself, your partner and your children
    3. Do you have many shops in the neighbourhood? Are most of those within walking distance? Are the big supermarkets within 20 minutes by car?
    4. What about the transport network? Are you living in the middle of nowhere? Road network is the first transport of course, (Which motorways are toll-free in Spain?) but what about busses, rail, biking network which could be equally important for your family members,…
    5. Is the cost of life of the city fitting with your desires and your wallet? Read more on that here: Which are the cheapest cities to live in Spain?
    6. Is the weather as you want when you will go (winter months?)? Check our monthly weather statistics for the top 20 Spanish cities
    7. Most of the time we don’t need it but when you need it but the proximity of the hospital or care centres is important.
    8. Is the neighbourhood nice, do you like it? Are there green areas and parcs for children?
    9. Make sure that you have all the sport infrastructures close to your new home and no more than 20 minutes by car away.
    10. Within 45 minutes of the Airport by car, yes, you are living in Spain now but many of your relatives and friends will visit you as they don’t have that chance.
    11. Are restaurants close to your home? Friday and Saturday evening, we all love to chill-out.
    12. If you play golf, are golf courses within 20 minutes by car? Yes sure, you don’t want to relocate to Spain just to work even more, do you? Work better is the message.
    13. Discover the best new build projects located on a golf resort
      € 350,000
      3 beds 2 baths 106 m²
      € 273,000
      2 beds 2 baths 83 m²
      € 368,000
      3 beds 2 baths 103 m²
      € 315,000
      2 beds 2 baths 90 m²
      € 245,000
      2 beds 2 baths 83 m²
      € 335,000
      3 beds 2 baths 98 m²
      € 250,000
      2 beds 2 baths 90 m²
      € 420,000
      2 beds 2 baths 81.7 m²
      € 475,000
      3 beds 2 baths 101.9 m²
      € 490,000
      3 beds 2 baths 119.8 m²
      € 540,000
      3 beds 2 baths 129.2 m²
      € 530,000
      3 beds 2 baths 106.9 m²
      € 370,000
      2 beds 2 baths 88.9 m²
      € 440,000
      3 beds 2 baths 106.9 m²
      € 585,000
      3 beds 3 baths 162 m²
      € 348,000
      3 beds 2 baths 220 m²
      € 631,000
      3 beds 2 baths 123 m²
      € 345,000
      2 beds 2 baths 154 m²
      € 430,000
      3 beds 2 baths 116 m²
    14. Most of the time you want to relax with your family, so recreational and family activities should be available in the region.
    15. Consider renting first (with purchase option)? You don’t have to buy “day 1”

    This is our top 14 criteria, make this list yours and adjust this list with your location criteria for your ideal Spanish first home. Have a look at our downloadable pdf available at the end of this section for an exhaustive list of criteria and our ranking system for your future first homes.

    If you don’t know where to start searching your Spanish first home, don’t miss our detailed article on that: Where are the best places to buy a property in Spain?

 

  1. The top 20 property criteria for your ideal Spanish first home

    1. Your personal feeling. Of course, it is your new home so it should be as you dreamt about it.
    2. Is the number of sleeping rooms & bathrooms corresponding to your expectations? Take it big enough as you will always have friends visiting ;).
    3. Is the size of the property as you want? Build space and plot if a villa
    4. Are the outdoor spaces corresponding to what you want? Garden, Terrace,… You will be enjoying the nice weather, so make sure you can live outside.
    5. Is the quality of construction correct? How old is the property?
    6. If you want a pool, yes the pool is important the refresh during hot summers. Is the size as you want?
    7. Is the property price aggressive vs the market? Real estate agents in Spain love foreigners… That’s why a property hunter will get you better prices. It’s your first home, so yes, you should get it as you want but as it is your first home, you could need to sell it soon, don’t overpay!
    8. Is the layout of the property sound? Natural light correct?
    9. Is the size of the kitchen as you want? > 15m²
    10. Are the size of the sleeping rooms as you want?
    11. Air conditioning? Could seem normal, but it is not always the case
    12. Buying within a community? Check how are you spaces fitted? Concierge, pool, garden, terrace, dog park, picnic area, children area, Fitness space, indoor workspace,…
    13. Garage or parking space large enough
    14. Eco friendly? Insulation, Solar panels, Water
    15. Yearly maintenance costs, property average maintenance time /week
    16. Yearly taxes
    17. Yearly community costs
    18. May I rent the property short term? Is it legal? Why not get some extra funds during summer months?
    19. Security: fence and/or entrance gate, alarm?
    20. Any fire alarm?

     

    If you plan to buy a new build property, we wrote this specific list that will guide you to your ideal new build first home in Spain. Don’t forget to add those criteria to your personal list.

 

  1. The top 9 property criteria for your ideal new build Spanish holiday home

    1. Reputation of the builder. Have you checked other projects realized by the same builder?
    2. Design & standard set of specifications
    3. Possibility to personalize to my taste
    4. Bank warranty
    5. Advanced technologies, fire alarm, security
    6. Delivery date
    7. Payment schedule
    8. Detailed plans for the property
    9. Community spaces finishes

    Read more on that subject: What are the advantages of buying a new build property in Spain?

     

    Discover the best new build projects in Spain, direct from our partners with a €5,000 discount!
    € 320,000
    2 beds 1 bath 61.3 m²
    € 313,000
    2 beds 2 baths 61.3 m²
    € 540,000
    3 beds 3 baths 191 m²
    € 520,000
    3 beds 2 baths 109 m²
    € 345,000
    2 beds 2 baths 97 m²
    € 435,000
    3 beds 2 baths 114 m²
    € 350,000
    3 beds 2 baths 106 m²
    € 273,000
    2 beds 2 baths 83 m²
    € 368,000
    3 beds 2 baths 103 m²
    € 315,000
    2 beds 2 baths 90 m²
    € 245,000
    2 beds 2 baths 83 m²
    € 335,000
    3 beds 2 baths 98 m²
    € 250,000
    2 beds 2 baths 90 m²
    € 420,000
    2 beds 2 baths 81.7 m²
    € 475,000
    3 beds 2 baths 101.9 m²
    € 490,000
    3 beds 2 baths 119.8 m²
    € 540,000
    3 beds 2 baths 129.2 m²
    € 530,000
    3 beds 2 baths 106.9 m²
    € 370,000
    2 beds 2 baths 88.9 m²
    € 440,000
    3 beds 2 baths 106.9 m²
    € 367,000
    3 beds 3 baths 177 m²
    € 262,000
    3 beds 2 baths 84 m²
    € 242,000
    2 beds 2 baths 72 m²
    € 277,000
    2 beds 2 baths 73 m²
    € 255,000
    3 beds 2 baths 85 m²
    € 220,000
    2 beds 2 baths 71 m²
    € 240,000
    2 beds 2 baths 80 m²
    € 280,000
    3 beds 2 baths 88 m²
    € 585,000
    3 beds 3 baths 162 m²
    € 348,000
    3 beds 2 baths 220 m²
    € 355,000
    3 beds 2 baths 100 m²
    € 385,000
    2 beds 2 baths 76 m²
    € 325,000
    3 beds 2 baths 97 m²
    € 269,000
    2 beds 2 baths 81 m²
    € 631,000
    3 beds 2 baths 123 m²
    € 345,000
    2 beds 2 baths 154 m²
    € 430,000
    3 beds 2 baths 116 m²
    € 730,000
    3 beds 2 baths 149 m²
    € 529,000
    3 beds 2 baths 133 m²
    € 319,000
    2 beds 2 baths 87 m²

 

  1. Download our exclusive PDF form and compare

    Spanish first homes

     

    Download our form, print it as many times as needed: one per property, one per partner.

    Fill the forms:

    How to fill this table? How to compare different Spanish holiday homes?
    1. List criteria for the ideal Spanish holiday home with all the persons involved
    2. Give a WEIGHT for each criterion between 1 and 10. (10= important, 1= not important)
    3. Print a list for each person involved in the project
    4. Visit the potential properties and each person involved give RATINGS between 1 and 10 for all the criteria. (10= criteria met perfectly, 1 = bad)
    5. Compare the total scores for each property, rank them and compare them with the results of other persons involved in the project.
    Criteria WEIGHTS (1) are the same for all the properties while Criteria RATINGS (2) are specific for each property.

    If you want to read more on how to use this ranking system, please go to section 9 of our detailed article

    Our downloadable pdf form for ranking your different first homes to relocate to Spain.

    How to compare to Spanish first homesHow to compare two Spanish second homes?

  1. How much does it cost to buy a property in Spain?

    Depending on the fact that you are buying a resale or a new build, the cost will be different but a good rule of thumb is 14%. Read more on that in our detailed article: The cost of buying a Spanish property.

 

  1. How much does it cost to own a property in Spain?

    A good estimate is 0.7% as we wrote in our detailed article: The cost of owning a Spanish property.

 

  1. How do our partners help you with those first steps?

    • We have a local mortgage broker dedicated to getting mortgages for foreigners. Ask for a free mortgage quote.
    • Our property hunters are there to assist you to find the perfect property more on that in the 3rd article: “How should you search for your dream property?”

     

    With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

    The experts from our network are active in all the fields you need:

    1. Property finders
    2. B&B
    3. Lawyers
    4. Tax
    5. Architects
    6. Money Transfer
    7. Mortgage
    8. Holiday rental management
    9. Insure your Spanish property
    10. Property survey
    11. Renovation

     

Would you like to read further?

Last year we wrote detailed property buyers guides custom made for any nationality. Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain: Click on your country flag, you will find your pdf report at the end of each article.

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post The best 41 tips for finding your best home for moving to Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/move-to-spain/feed/ 0 How to compare different homes to relocate to Spain Find your real estate partner in Spain Stéphane co-founder of HTBIS Your ideal investment property in Spain: 58 tips to find it https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/investment-property-in-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/investment-property-in-spain/#respond Thu, 29 Apr 2021 14:34:04 +0000 https://howtobuyinspain.com/?p=21181   Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   How to find the best investment properties in Spain? Our definitive guide to finding the perfect property matching your expectations   In this

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The post Your ideal investment property in Spain: 58 tips to find it appeared first on How to buy in Spain.

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

How to find the best investment properties in Spain?

Our definitive guide to finding the perfect property matching your expectations

 

In this article, we give you the best tips on how to search for your perfect Spanish investment property. If you want to read further on the subject, it came from our detailed series:

Our ultimate 2021 guide to buying your property in Spain and more specifically the third article The best searching tips for buying your Spanish property.

 

  1. 5 easy steps to start your investment property search in Spain

    Step 1 (optional) Hire a local property hunter from our network to save money and time and make the process smooth.
    Step 2 Hire a local Spanish property lawyer speaking your language from our network.
    Step 3 Define your budget: How much personal funds do you have available? Should be at least 45% of the property value, ideally 70%. If you need a mortgage, have a quick look at our paper: our ultimate guide to your Spanish mortgage.
    Step 4 Define the property use: Second home, first home, home to retire or investment property. Here it is an investment property but don’t forget it could change in the future. If it will change, your set of criteria for the ideal property will change as well (see step 5)
    Step 5 List your criteria for your ideal property: create a list of the best investment criteria, create a list of the best location criteria: What is the perfect location for your Spanish property? Last but not least, create a list of your ideal property criteria. To assist you, we gave you hints for those three lists in the next three sections.

    In section 6, you will find our easy to use downloadable form with our ‘standard’ criteria list allowing you to compare and rank different properties. This list is given as an example so feel free to adjust it with your criteria.

     

    As it is an investment property, as you know, two topics are top of mind:

    1. What is the yearly return after costs and taxes?
    2. How much leverage should I take? Some leverage will increase your return but it will add pressure if you can’t find a tenant for a long period.

    Contrary to the other property uses, your taste is much less important than if it was a home for yourself. The property should have an efficient location and should be welcoming and easy to use.

 

  1. The top 17 investment criteria for your buy to let Spanish property

    1. Own funds needed? This is your starting point. Depending on this amount, you will be able to start your search and define a budget. Don’t forget that your total cost will be: the property value, the tax and costs related to the purchase (about 15%), the renovation costs if any and eventually furniture if needed. So, in total, you can easily have a total price of 170% of the price of the property.
    2. Rental Yield. If you buy a buy to let property, the rental yield will be very important. Rental yield shouldn’t be too low as you will need to pay back a mortgage. Average rent per m² is one of the first data to take into account. On the other hand, we all know that higher rental yield is usually possible in more “difficult” neighbourhood but at the same time, this could change the tenant’s profiles and increase the risks. Last but not least don’t forget taxes in your home country and Spain.
    3. Potential for value-adding creation. Long term, you will sell your property and the creation of value by selling at a much higher price will be very important.
    4. Renovation costs. The real estate market in Spain is quite old and many properties require a full renovation. The good news is that Spain is known for its quality materials and it doesn’t cost too much in general.
    5. Easy to resell at a later stage? Buying a property is easy but if you have an atypical property due to its location, its size, its neighbourhood, its distance to public transport,… you surely have issues for later. This will of course impact your potential for value-adding creation seen before. The general rule here is: go for standard.
    6. The uniqueness of the property. Is the building nice? Does the property have charm? Are the community spaces in a good state? Do you have a community rooftop? Is there a place for a bike? What about the outside spaces? What about the light? The uniqueness of the property could come from one or two topics only but will give it a premium either on the rental market or when you will sell it later. We had a customer looking for an apartment with a terrace. With covid now, we all have to spend more time at home, so a terrace is a positive differentiation for a property in Spain as you may enjoy the weather 320 days per year.
    7. Property Management costs are important for an investment property: do you have a lot of costs for managing it? Rental management is not easy on a day to day basis, even more, if you are not living there yourself. The good news is that we work with many local partners ready to assist you. See at the end of this article.
    8. Furniture costs. Renting a property with furniture could help you to reach some higher-end customers but it means shorter rental contracts.
    9. Size of mortgage. The leverage you will use will increase your return but it will increase your risk as well. Keep your mortgage costs under control and don’t forget vacancy. A good rule of thumb is that you can get a mortgage in Spain of a maximum of 70% of the property value. Don’t miss our definitive guide to your Spanish mortgage.
    10. Rental demand / Current Vacancy rate in the region is an important start: study the market: is there demand? Is there a lot of economic activity?
    11. Estimated Occupancy rate /How many months per year will I rent? If you rent short term, your occupancy rate is a very important metric to follow.
    12. Population growth in the region / Economic activity Usually, economic growth goes hands in hands with the real estate market.
    13. Rental fees: how much does it cost to be on certain rental platforms? Some platforms cost a lot.
    14. Is short term rental legal? Many regions in Spain don’t allow for short term rentals or tourist rentals. Read more on that here: “Tourist rental in Spain, is it legal or not?“
    15. Maintenance costs and community fees are not too high
    16. Other yearly costs as insurance, taxes… read more on
    17. Rent vs Ownership rate in the region. Spain is well known for

 

  1. The top 16 location criteria for your investment property in Spain

    1. Near economic activities: city centre, companies,… The more wealthy tenants you have in the neighbourhood, the better it is for your property investment.
    2. What about the public transport network? Is it close to where you live? Is it developed as you would like it?
    3. Close to universities and Research centres… A lively community of expats could make it easier to rent your property.
    4. Are restaurants close to your property?
    5. Shops are close and less than 10 minutes on foot
    6. A lively neighbourhood 12 months per year, yes, you don’t want to live in a dead village 10 months or 12 months per year.
    7. Close to tourist places is important if you are active with tourist rentals.
    8. It is nice to buy a property where there is a strong demand for short term rentals even if you rent long term which means the market has demand.
    9. Are you living close to the beach? At least within 20 minutes with public transport.
    10. Airport proximity is nice but not a must, it tells that the city is well connected with international cities
    11. A nice neighbourhood with a low crime rate is a must. Of course, you can go to a neighbourhood getting a makeover but be picky!
    12. Is the cost of life of the city fitting not too expensive?
    13. Are green areas around? Always good to have a place to relax.
    14. If it is a property rental for holidays: infrastructure proximity is a must: golf courses, sports facilities,…
    15. Discover the best new build projects located on a golf resort
      € 350,000
      3 beds 2 baths 106 m²
      € 273,000
      2 beds 2 baths 83 m²
      € 368,000
      3 beds 2 baths 103 m²
      € 315,000
      2 beds 2 baths 90 m²
      € 245,000
      2 beds 2 baths 83 m²
      € 335,000
      3 beds 2 baths 98 m²
      € 250,000
      2 beds 2 baths 90 m²
      € 420,000
      2 beds 2 baths 81.7 m²
      € 475,000
      3 beds 2 baths 101.9 m²
      € 490,000
      3 beds 2 baths 119.8 m²
      € 540,000
      3 beds 2 baths 129.2 m²
      € 530,000
      3 beds 2 baths 106.9 m²
      € 370,000
      2 beds 2 baths 88.9 m²
      € 440,000
      3 beds 2 baths 106.9 m²
      € 585,000
      3 beds 3 baths 162 m²
      € 348,000
      3 beds 2 baths 220 m²
      € 631,000
      3 beds 2 baths 123 m²
      € 345,000
      2 beds 2 baths 154 m²
      € 430,000
      3 beds 2 baths 116 m²
    16. Proximity to excellent Hospital & care facilities. Not a must but always nice to have, we never need it, but when we need it, it has to be good.
    17. Recreational and social activities around?

    You will need to adjust this list with your location criteria for your ideal property investment in Spain. Have a look at our downloadable pdf available at the end of this section for an exhaustive list of criteria and our ranking system for your future investment property.

 

  1. The top 16 property criteria for your investment property in Spain

    1. Property price aggressive vs the local property market. Price will be important as it could make your project a bad investment from day one. Real estate agents in Spain love foreigners… That’s why a property hunter will get you better prices. This is the main factor to determine if you did a good investment or not.
    2. The property size is standard: not too big, not too small: +/-70m², two bedrooms which means that it will be easy to rent and put back on the market at a later stage.
    3. Outdoor Spaces are more and more important in a post Corona environment as you spend more time at home: Garden, Terrace,… Have a look at What are the impacts of Coronavirus on Spanish real estate?
    4. The quality of construction and the layout of the property are of course important. Buying a sound property is a must.
    5. A property without pitfalls, Easy to resell. The property should be spotless which will help to rent it out and to sell it back to the market.
    6. Renovation budget is important as well. What is your renovation budget? Are you comfortable with your estimate? What is your experience? Need a second analysis by a professional?
    7. May I rent my property short term? Is it legal? Some regions don’t allow short term rentals, check it with our lawyers (links at the bottom of this article)
    8. Yearly maintenance costs will you have a lot of costs yearly?
    9. Yearly taxes are important to calculate your net rental yield and not your gross rental yield.
    10. A swimming pool is nearly a must in Spain, if you are buying an investment property, having a pool within the community space could be a big edge. On the negative side, this will increase your yearly costs.
    11. Natural light is important for any property. Some Spanish properties don’t have many windows.
    12. Eco friendly? Insulation, Solar panels, Water. Of course, insulation is not that important in the winter months but in the summer months, it is very useful.
    13. Security: fence and/or entrance gate. Everybody loves a safe place while being at home.
    14. Air conditioning? Could seem normal, but you won’t find one in every Spanish property.
    15. Buying within a community? Check how community spaces are fitted? Concierge, pool, garden, terrace, dog park, picnic area, children area, Fitness space, indoor workspace,…
    16. Yearly community costs

     

    If you plan to buy a new build property, we wrote this specific list that will guide you to your ideal new build investment property in Spain. Don’t forget to add those criteria to your list.

 

  1. The top 9 property criteria for your ideal new build Spanish home

    1. The reputation of the builder. Have you checked other projects realized by the same builder?
    2. Design & standard set of specifications
    3. Possibility to personalize to my taste
    4. Bank warranty
    5. Advanced technologies, fire alarm, security
    6. Delivery date
    7. Payment schedule
    8. Detailed plans for the property
    9. Community spaces finishes

    Read more on that subject: What are the advantages of buying a new build property in Spain?

     

    Discover the best new build projects in Spain, direct from our partners with a €5,000 discount!
    € 320,000
    2 beds 1 bath 61.3 m²
    € 313,000
    2 beds 2 baths 61.3 m²
    € 540,000
    3 beds 3 baths 191 m²
    € 520,000
    3 beds 2 baths 109 m²
    € 345,000
    2 beds 2 baths 97 m²
    € 435,000
    3 beds 2 baths 114 m²
    € 350,000
    3 beds 2 baths 106 m²
    € 273,000
    2 beds 2 baths 83 m²
    € 368,000
    3 beds 2 baths 103 m²
    € 315,000
    2 beds 2 baths 90 m²
    € 245,000
    2 beds 2 baths 83 m²
    € 335,000
    3 beds 2 baths 98 m²
    € 250,000
    2 beds 2 baths 90 m²
    € 420,000
    2 beds 2 baths 81.7 m²
    € 475,000
    3 beds 2 baths 101.9 m²
    € 490,000
    3 beds 2 baths 119.8 m²
    € 540,000
    3 beds 2 baths 129.2 m²
    € 530,000
    3 beds 2 baths 106.9 m²
    € 370,000
    2 beds 2 baths 88.9 m²
    € 440,000
    3 beds 2 baths 106.9 m²
    € 367,000
    3 beds 3 baths 177 m²
    € 262,000
    3 beds 2 baths 84 m²
    € 242,000
    2 beds 2 baths 72 m²
    € 277,000
    2 beds 2 baths 73 m²
    € 255,000
    3 beds 2 baths 85 m²
    € 220,000
    2 beds 2 baths 71 m²
    € 240,000
    2 beds 2 baths 80 m²
    € 280,000
    3 beds 2 baths 88 m²
    € 585,000
    3 beds 3 baths 162 m²
    € 348,000
    3 beds 2 baths 220 m²
    € 355,000
    3 beds 2 baths 100 m²
    € 385,000
    2 beds 2 baths 76 m²
    € 325,000
    3 beds 2 baths 97 m²
    € 269,000
    2 beds 2 baths 81 m²
    € 631,000
    3 beds 2 baths 123 m²
    € 345,000
    2 beds 2 baths 154 m²
    € 430,000
    3 beds 2 baths 116 m²
    € 730,000
    3 beds 2 baths 149 m²
    € 529,000
    3 beds 2 baths 133 m²
    € 319,000
    2 beds 2 baths 87 m²

 

  1. Download our exclusive PDF form and compare investment properties

     

    Download our form, print it as many times as needed: one per property, one per partner.

    Fill the forms:

    How to fill this table? How to compare different homes to retire to Spain?
    1. List criteria for the ideal Spanish holiday home with all the persons involved
    2. Give a WEIGHT for each criterion between 1 and 10. (10= important, 1= not important)
    3. Print a list for each person involved in the project
    4. Visit the potential properties and each person involved give RATINGS between 1 and 10 for all the criteria. (10= criteria met perfectly, 1 = bad)
    5. Compare the total scores for each property, rank them and compare them with the results of other persons involved in the project.
    Note that criteria WEIGHTS (1) are the same for all the properties while Criteria RATINGS (2) are specific for each property.

    If you want to read more on how to use this ranking system, please go to section 9 of our detailed article

    Our downloadable pdf form for ranking your investment properties in Spain

How to compare two investment properties in Spain

 

 

  1. How much does it cost to buy a property in Spain?

    Depending on the fact that you are buying a resale or a new build, the cost will be different but a good rule of thumb is 14%. Read more on that in our detailed article: The cost of buying a Spanish property.

 

  1. How much does it cost to own a property in Spain?

    A good estimate is 0.7% as we wrote in our detailed article: The cost of owning a Spanish property.

 

  1. How do our partners help you with those first steps?

    • We have a local mortgage broker dedicated to getting mortgages for foreigners. Ask for a free mortgage quote.
    • Our property hunters are there to assist you to find the perfect property more on that in the 3rd article: “How should you search for your dream property?”

     

    With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

    The experts from our network are active in all the fields you need:

    1. Property finders
    2. B&B
    3. Lawyers
    4. Tax
    5. Architects
    6. Money Transfer
    7. Mortgage
    8. Holiday rental management
    9. Insure your Spanish property
    10. Property survey
    11. Renovation

     

Would you like to read further? Have a look at our article written for real estate investors: What return will you make on your Spanish Property in 2021?

Last year we wrote detailed property buyers guides custom made for any nationality. Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain: Click on your country flag, you will find your pdf report at the end of each article.

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Your ideal investment property in Spain: 58 tips to find it appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/investment-property-in-spain/feed/ 0 How to compare different Spanish investment properties Find your real estate partner in Spain Stéphane co-founder of HTBIS Buying your holiday home in Spain? Get our 40 tips https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/buying-holiday-home-in-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/buying-holiday-home-in-spain/#respond Wed, 21 Apr 2021 15:44:30 +0000 https://howtobuyinspain.com/?p=21105   Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   How to find the perfect holiday home in Spain? Our definitive guide to finding the perfect property matching your expectations   In this

Read More

The post Buying your holiday home in Spain? Get our 40 tips appeared first on How to buy in Spain.

]]>  

Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

How to find the perfect holiday home in Spain?

Our definitive guide to finding the perfect property matching your expectations

 

In this article, we give you the best tips on how to search for your ideal Spanish holiday home. If you want to read further on the subject, it came from our detailed series:

Our ultimate 2021 guide to buying your property in Spain and more specifically the third article The best searching tips for buying your Spanish property.

 

  1. 5 easy steps to start your Spanish holiday home search

    Step 1 (optional) Hire a local property hunter from our network to save money and time and make the process smooth.

    Step 2 Hire a local Spanish property lawyer speaking your language from our network.

    Step 3 Define your budget: How much own funds available? Should be at least 45% of the property value, ideally 70%. If you need a mortgage, have a quick look at our paper: our ultimate guide to your Spanish mortgage.

    Step 4 Define the property use: Second home, first home, home to retire in Spain or investment property. Here it is a second home, a holiday home but don’t forget it could change in the future. If it will change, your set of criteria for the ideal property will change as well.

    Step 5 List your criteria for your ideal property: create a list of the best location criteria: Where should your property be in Spain? After that, create a list of your ideal property criteria. To assist you, we give you hints for those two lists in the next two sections.

    In section 5, you will find our easy to use downloadable pdf allowing you to compare different holiday homes in Spain with a preset list of criteria that you will need to adjust with your own criteria to make it yours. When you will complete this easy to follow process, you will know for sure, which property is your ideal holiday home.

     

    Holiday means more pleasure, time to enjoy your family and doing things for yourself. Chill out… Doing nothing… As you will notice, most of our top location criteria will have this meaning.

 

  1. The top 13 location criteria for your Spanish second home

    1. Within 45 minutes of the Airport by car. We all know it: we only need 3 hours to fly to Spain but yes, the quicker, the better. When leaving at the end of your stay, being close to the airport could be an asset and even more for early flights.
    2. Is the weather as you want when you will spend time at your holiday home in Spain (winter months?)? If you love to spend time in Spain in January, for instance, and you love hot weather, there is only one place to go: Canary Islands. Check our monthly weather statistics for the top 20 Spanish cities and you will know in advance if you are searching in the proper Spanish region.
    3. Is the beach close to the property? 90% of foreigners buying a property in Spain want to be close to the beach. The Spanish countryside is very nice as well and it real estate is much cheaper. If you are on a tight budget, don’t hesitate to check it. Read our famous article on that: Which are the top 10 Spanish cities where foreigners are buying properties?
    4. If you play golf, are golf courses within 20 minutes by car?
    5. Discover the best new build projects located on a golf resort
      € 350,000
      3 beds 2 baths 106 m²
      € 273,000
      2 beds 2 baths 83 m²
      € 368,000
      3 beds 2 baths 103 m²
      € 315,000
      2 beds 2 baths 90 m²
      € 245,000
      2 beds 2 baths 83 m²
      € 335,000
      3 beds 2 baths 98 m²
      € 250,000
      2 beds 2 baths 90 m²
      € 420,000
      2 beds 2 baths 81.7 m²
      € 475,000
      3 beds 2 baths 101.9 m²
      € 490,000
      3 beds 2 baths 119.8 m²
      € 540,000
      3 beds 2 baths 129.2 m²
      € 530,000
      3 beds 2 baths 106.9 m²
      € 370,000
      2 beds 2 baths 88.9 m²
      € 440,000
      3 beds 2 baths 106.9 m²
      € 585,000
      3 beds 3 baths 162 m²
      € 348,000
      3 beds 2 baths 220 m²
      € 631,000
      3 beds 2 baths 123 m²
      € 345,000
      2 beds 2 baths 154 m²
      € 430,000
      3 beds 2 baths 116 m²
    6. Are restaurants close to the property?
    7. Most of the time you want to relax with your family, so recreational and family activities for all ages should be available in the region.
    8. Is the neighbourhood nice, do you like it? Neighbourhood in Spain could vary a lot (as anywhere in the world actually) so it is very useful to spend some time where you plan to buy your property at different time of the day and ideally of the year.
    9. Is the cost of life of the city fitting with your desires and your wallet? Have a quick read at our detailed paper: Which are the cheapest places to live in Spain?
    10. What about the transport network? Are you living in the middle of nowhere? Road network is the first transport of course, but what about busses, rail, biking network,…
    11. Do you have many shops in the neighbourhood? Are most of those within walking distance? Are the supermarkets within 20 minutes by car?
    12. It is your holiday home so, you will love a nice and peaceful neighbourhood filled with green areas.
    13. On holiday, you will want to be active and practise some sport, make sure you have all the sports infrastructures close at no more than 20 minutes by car.
    14. Most of the time we don’t need it but when you need it, you will be happy to enjoy the quality and the proximity of hospitals and medical infrastructure in Spain.

    This is our top 13 criteria, make this list yours and adjust this list with your location criteria for your ideal Spanish holiday home. Have a look at our downloadable pdf available at section 5 for an exhaustive list of criteria and our ranking system for your future holiday homes.

    If you don’t know where to start searching for your Spanish holiday home, don’t miss our detailed article on that: Where are the best places to buy a property in Spain?

 

  1. The top 18 property criteria for your ideal Spanish second home

    1. Your personal feeling
    2. Is the number of sleeping rooms & bathrooms corresponding to your expectations? Take it big enough as you will always have friends visiting ;).
    3. Are the outdoor spaces corresponding to what you want? Garden, Terrace,… You will be 90% of your time outside.
    4. Buying within a community? Check how your spaces are fitted? Concierge, pool, garden, terrace, dog park, picnic area, children area, Fitness space, indoor workspace,…
    5. If you want a pool, yes the pool is important to refresh during hot summers. Is the size as you want?
    6. Is the quality of construction correct? How old is the property?
    7. Is the layout of the property sound? Natural light correct?
    8. Is the size of the property as you want? Build space and plot if a villa.
    9. May I rent the property short term? Is it legal?
    10. Is the property price aggressive vs the market? Real estate agents in Spain love foreigners… That’s why a property hunter will get you better prices.
    11. Yearly maintenance costs, property average maintenance time /week.
    12. Yearly taxes.
    13. Yearly community costs.
    14. Security: fence and/or entrance gate, alarm?
    15. Any fire alarm?
    16. Air conditioning? Could seem normal, but it is not always the case in Spain.
    17. Eco friendly? Insulation, Solar panels, Water.
    18. Garage or parking space large enough.

     

    If you plan to buy a new build property, we wrote this specific list that will guide you to your ideal new build holiday home in Spain. Don’t forget to add those criteria to your list.

 

  1. The top 9 property criteria for your ideal new build Spanish holiday home

    1. The reputation of the builder. Have you checked other projects realized by the same builder?
    2. Design & standard set of specifications
    3. Possibility to personalize to my taste
    4. Bank warranty
    5. Advanced technologies, fire alarm, security
    6. Delivery date
    7. Payment schedule
    8. Detailed plans for the property
    9. Community spaces finishes

    Read more on that subject: What are the advantages of buying a new build property in Spain?

     

    Discover the best new build projects in Spain, direct from our partners with a €5,000 discount!
    € 320,000
    2 beds 1 bath 61.3 m²
    € 313,000
    2 beds 2 baths 61.3 m²
    € 540,000
    3 beds 3 baths 191 m²
    € 520,000
    3 beds 2 baths 109 m²
    € 345,000
    2 beds 2 baths 97 m²
    € 435,000
    3 beds 2 baths 114 m²
    € 350,000
    3 beds 2 baths 106 m²
    € 273,000
    2 beds 2 baths 83 m²
    € 368,000
    3 beds 2 baths 103 m²
    € 315,000
    2 beds 2 baths 90 m²
    € 245,000
    2 beds 2 baths 83 m²
    € 335,000
    3 beds 2 baths 98 m²
    € 250,000
    2 beds 2 baths 90 m²
    € 420,000
    2 beds 2 baths 81.7 m²
    € 475,000
    3 beds 2 baths 101.9 m²
    € 490,000
    3 beds 2 baths 119.8 m²
    € 540,000
    3 beds 2 baths 129.2 m²
    € 530,000
    3 beds 2 baths 106.9 m²
    € 370,000
    2 beds 2 baths 88.9 m²
    € 440,000
    3 beds 2 baths 106.9 m²
    € 367,000
    3 beds 3 baths 177 m²
    € 262,000
    3 beds 2 baths 84 m²
    € 242,000
    2 beds 2 baths 72 m²
    € 277,000
    2 beds 2 baths 73 m²
    € 255,000
    3 beds 2 baths 85 m²
    € 220,000
    2 beds 2 baths 71 m²
    € 240,000
    2 beds 2 baths 80 m²
    € 280,000
    3 beds 2 baths 88 m²
    € 585,000
    3 beds 3 baths 162 m²
    € 348,000
    3 beds 2 baths 220 m²
    € 355,000
    3 beds 2 baths 100 m²
    € 385,000
    2 beds 2 baths 76 m²
    € 325,000
    3 beds 2 baths 97 m²
    € 269,000
    2 beds 2 baths 81 m²
    € 631,000
    3 beds 2 baths 123 m²
    € 345,000
    2 beds 2 baths 154 m²
    € 430,000
    3 beds 2 baths 116 m²
    € 730,000
    3 beds 2 baths 149 m²
    € 529,000
    3 beds 2 baths 133 m²
    € 319,000
    2 beds 2 baths 87 m²

 

  1. Download our exclusive PDF form and compare your holiday homes

    Now that you wrote your own list of location and property criteria, it is time to download our form so that you can rank and compare each property.

    Print it as many times as needed: one per property, one per partner.

    Fill the forms:

    How to fill this table? How to compare different Spanish holiday homes?
    1. List (location & property) criteria for the ideal Spanish holiday home with all the persons involved
    2. Give a WEIGHT for each criterion between 1 and 10. (10= important, 1= not important)
    3. Print a list for each person involved in the project
    4. Visit the potential properties and each person involved give RATINGS between 1 and 10 for all the criteria. (10= criteria met perfectly, 1 = bad)
    5. Compare the total scores for each property, rank them and compare them with the results of other persons involved in the project.
    Criteria WEIGHTS (1) are the same for all the properties while Criteria RATINGS (2) are specific for each property.

    If you want to read more on how to use this ranking system, please go to section 9 of our detailed article

    Follow this link to get the downloadable pdf for ranking your different Spanish holiday homes.

    Compare two different Spanish holiday propertiesHow to compare two Spanish holiday homes?

 

  1. How much does it cost to buy a property in Spain?

    Depending on the fact that you are buying a resale or a new build, the cost will be different but a good rule of thumb is 14%. Read more on that in our detailed article: The cost of buying a Spanish property.

 

  1. How much does it cost to own a property in Spain?

    A good estimate is 0.7% as we wrote in our detailed article: The cost of owning a Spanish property.

 

  1. How do our partners help you with those first steps?

    • We have a local mortgage broker dedicated to getting mortgages for foreigners. Ask for a free mortgage quote.
    • Our property hunters are there to assist you to find the perfect property more on that in the 3rd article: “How should you search for your dream property?”

     

    With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

    The experts from our network are active in all the fields you need:

    1. Property finders
    2. B&B
    3. Lawyers
    4. Tax
    5. Architects
    6. Money Transfer
    7. Mortgage
    8. Holiday rental management
    9. Insure your Spanish property
    10. Property survey
    11. Renovation

     

Would you like to read further?

Last year we wrote detailed property buyers guides custom made for any nationality. Here are our FREE pdf property buyers’ guides written for all the foreign nationalities looking to buy in Spain: Click on your country flag, you will find your pdf report at the end of each article.

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Buying your holiday home in Spain? Get our 40 tips appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/buying-holiday-home-in-spain/feed/ 0 How to compare different Spanish holiday homes Find your real estate partner in Spain Stéphane co-founder of HTBIS British property buyer’s guide in Spain https://howtobuyinspain.com/en/buy-property-in-spain/english-buying-spanish-properties/ https://howtobuyinspain.com/en/buy-property-in-spain/english-buying-spanish-properties/#respond Sat, 15 Jun 2019 09:15:12 +0000 https://howtobuyinspain.com/?p=11921 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans Romanians Russians Swedish?   British property buyer’s

Read More

The post British property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans
Romanians Russians Swedish?

 

British property buyer’s guide in Spain

 

Find your free pdf report regrouping all our tips and all this information at the end of this article

The 10 things you should know before buying your Spanish property!

 

We make it easy for you to buy your dream property in Spain thanks to our knowledge and our network of local partners.

How active are the British on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the British? How much do they pay? Do they prefer new build properties or resale? Do they need a mortgage for financing? How should they buy? What are the 9 steps to buy a property in Spain?

 

First, let’s analyse the Second Home purchases by the British in Spain

Both foreigners and Spaniards are very active on the property market in Spain.

In 2018, foreigners bought close to 100,000 properties in Spain.

Spaniards and Foreigners are buying the highest number of properties in 2018 vs any year since the crisis of 2008, have a look at our chart: more than 580,000 properties were bought, 15% of the purchases by foreigners.

Read our most recent article about that: Who are the foreigners buying real estate in Spain?

 

100,000 properties bought by foreigners in 2018. Why foreigners are so active in Spain?

We have listed at least 13 reasons why foreigners are buying properties in Spain. Of course, you’ll find sea, sun, beaches, nice quality of life… but investment return is important as we explain here: What return will you make on your Spanish Property in 2019?

 

How active are the British on the Spanish Real estate market? 15,300 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the English are buying 41 properties per day, or about 15,300 for the last 12 months up to December 2018, in Spain.

It is nearly 10 times more than in 2008.

 

How much do they pay for their properties? €1,649/m²

 

The price they pay on average is €1,649 per square meter. They pay just a little bit more than other foreigners buying properties in Spain. Check the evolution over the last 12 years.

 

Of course, depending on the region, price paid by foreigners per square meter is changing a lot. The Balearic Islands is the most expensive region if you want to buy a second home in Spain. Another factor factor to take into account for the price is if the property is a new build property or a resale.

 

Real estate prices in Spain are not any more in crisis

we have a stable and even growing market in many Spanish regions

 

What are the most loved Spanish regions by the British?

The English are buying in the suspected regions where foreigners are the most active: the Costa Blanca and the Costa del Sol. Those two Costas are in Andalusia and in the Valencian Community and represent nearly 40pc of the transactions done by the English. Other important regions are the Canary Islands and Murcia.

 

Where are foreigners buying in Spain? In which Regions, in Which Cities?

Foreigners are actively buying properties in many Spanish cities: for Alicante, Tenerife, Ibiza and Palma de Mallorca, Malaga and Girona, they represent more than one transaction out of 4.

Here are the most active regions

Here are the most active cities

If you want to read more on the subject: Which are the top 10 Spanish cities where foreigners are buying properties?

 

What properties do they like? Small or big? 100m²

Most of the the English, 1 out of 3 buy properties bigger than 100 square meters. If you compare those numbers with other nationalities, the English do buy bigger second homes in Spain than other foreigners.

 

 

Do the British prefer new build properties or resale? Resale

15% of English are buying a new build property in Spain. This is inline with other foreigners.

 

Looking for a new build property? Discover the best new build projects available in Spain on our portal.
€ 320,000
2 beds 1 bath 61.3 m²
€ 313,000
2 beds 2 baths 61.3 m²
€ 540,000
3 beds 3 baths 191 m²
€ 520,000
3 beds 2 baths 109 m²
€ 345,000
2 beds 2 baths 97 m²
€ 435,000
3 beds 2 baths 114 m²
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 367,000
3 beds 3 baths 177 m²
€ 262,000
3 beds 2 baths 84 m²
€ 242,000
2 beds 2 baths 72 m²
€ 277,000
2 beds 2 baths 73 m²
€ 255,000
3 beds 2 baths 85 m²
€ 220,000
2 beds 2 baths 71 m²
€ 240,000
2 beds 2 baths 80 m²
€ 280,000
3 beds 2 baths 88 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 355,000
3 beds 2 baths 100 m²
€ 385,000
2 beds 2 baths 76 m²
€ 325,000
3 beds 2 baths 97 m²
€ 269,000
2 beds 2 baths 81 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
€ 730,000
3 beds 2 baths 149 m²
€ 529,000
3 beds 2 baths 133 m²
€ 319,000
2 beds 2 baths 87 m²

sold directly by renowned developers at their best prices.

EXCLUSIVE LAUNCH OFFER: Purchase any property and receive €3,000!

 

Looking for a resale? We have many local property finders ready to help.

Let’s have a look at the 6 reasons why a personal real estate shopper in Spain will be very helpful for your property search.

Do the British take a mortgage for their Second Home? €179,000

 

Only 13% of the property purchases done by the English in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €179,000. Other foreigners take €133,000 mortgage on average.

If you want to learn more on how to get the best mortgage deal, read our seminal paper: Your definitive guide to your Spanish mortgage rate: How to apply, how to get the best rates?

If you want to directly ask a free quote to our partner, don’t hesitate. Ask our partner a mortgage quote for a Spanish property.

 

Buying in Spain is easy, once you found your property, here are the 9 steps to your Spanish Property

1. Get your NIE “Número de Identificación de Extranjeros”, read our article on this: “Your ultimate guide to your NIE number“.

2. Find a lawyer speaking your language and Spanish: Looking for an property lawyer in Spain? Check all our partners here!

3. Open a Bank account

4. Do you need a mortgage? Your Spanish Mortgage: How to apply? How to get the best rates?

5. Sign the “contrato de Reserva”

6. Important checks of the property with experts

7. Get your mortgage confirmed

8. Sign the “contrato de Arras”

9. Go to the Notary for signing the contract for the purchase of the property

If you want to look at our detailed article: ” The 9 Steps before buying your Spanish property“.

 

How much does it cost to buy a property in Spain?

The short answer is 10% to 14% of the property value. Read our detailed article on that subject: What is the real cost of buying your Spanish Property?

 

How much does it cost to be an owner of a property in Spain?

The short answer is around 1% of the property value per year. Learn more in our detailed article: What is the real cost of owning your Spanish property?

 

How much does it cost to live in Spain vs UK?

 

 

Download our exclusive pdf report: British property buyer’s guide in Spain: what are the ideal Spanish properties for the British? Where do they buy? How much do they pay?

 

Register to our YouTube channel in English and get all our useful animated video – click on the picture

 

Looking for an expert in Spain: Lawyer, Architect, Property Hunter, Mortgage? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

The post British property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/english-buying-spanish-properties/feed/ 0 Find your Property in Spain Find your experts in Spain HowToBuyInSpain_FinalFiles (twitter) Stéphane co-founder of HTBIS Germans property buyer’s guide in Spain https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/germans-buying-property-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/germans-buying-property-spain/#respond Fri, 14 Jun 2019 06:39:21 +0000 https://howtobuyinspain.com/?p=11892 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans Romanians Russians Swedish? Germans property buyer’s guide

Read More

The post Germans property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans
Romanians Russians Swedish?

Germans property buyer’s guide in Spain

Find your free pdf report regrouping all our tips and all this information at the end of this article

 

The 10 things you should know before buying your Spanish property!

We make it easy for you to buy your dream property in Spain thanks to our knowledge and our network of local partners.

How active are the Germans on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Germans? How much do they pay? Do they prefer new build properties or resale? Do they need a mortgage for financing? How should they buy? What are the 9 steps to buy a property in Spain?

 

First, let’s analyse the Second Home purchases by the Germans in Spain

Both foreigners and Spaniards are very active on the property market in Spain.

In 2018, foreigners bought close to 100,000 properties in Spain.
Spaniards and Foreigners are buying the highest number of properties in 2018 vs any year since the crisis of 2008, have a look at our chart: more than 580,000 properties were bought, 15% of the purchases by foreigners.

Read our most recent article about that: Who are the foreigners buying real estate in Spain?

100,000 properties bought by foreigners in 2018. Why foreigners are so active in Spain?

We have listed at least 13 reasons why foreigners are buying properties in Spain. Of course, you’ll find sea, sun, beaches, nice quality of life… but investment return is important as we explain here: What return will you make on your Spanish Property in 2019?

 

How active are the Germans on the Spanish Real estate market? 7,900 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the Germans are buying 23 properties per day, or about 7,907 for the last 12 months up to December 2018, in Spain.

It is nearly 8 times more than in 2008.

 

How much do they pay for their properties? €2,272/m²

 

The price they pay on average is €2,272 per square meter. They pay just a little bit more than other foreigners buying properties in Spain. Check the evolution over the last 12 years.

Of course, depending on the region, price paid by foreigners per square meter is changing a lot. The Balearic Islands is the most expensive region if you want to buy a second home in Spain. Another factor factor to take into account for the price is if the property is a new build property or a resale.

 

Real estate prices in Spain are not any more in crisis

we have a stable and even growing market in many Spanish regions

What are the most loved Spanish regions by the Germans?

Germans love to buy in the Spanish Islands: The Balearic Islands is the first region by far where the Germans are buying properties. Second is the Canary Islands and after that we find the other “classic regions” where foreigners love to buy properties: the Valencian Community and Andalusia.

Where are foreigners buying in Spain? In which Regions, in Which Cities?

Foreigners are actively buying properties in many Spanish cities: for Alicante, Tenerife, Ibiza and Palma de Mallorca, Malaga and Girona, they represent more than one transaction out of 4.

Here are the most active regions

Here are the most active cities

If you want to read more on the subject: Which are the top 10 Spanish cities where foreigners are buying properties?

 

What properties do they like? Small or big? More than 100m²

Most of the Germans, 1 out of 3 buy properties bigger than 100 square meters. One out of 5 are buying properties between 80 and 100 square meters. The same statistic is valid for the surfaces between 60 and 80 meters. If you compare those numbers with other nationalities, Germans do buy bigger second homes in Spain than other foreigners.

Do Germans prefer Spanish new build properties or resale? Resale

One out of four German is buying a New build property in Spain. Actually, 16% of the Germans go for a new build property.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.
€ 320,000
2 beds 1 bath 61.3 m²
€ 313,000
2 beds 2 baths 61.3 m²
€ 540,000
3 beds 3 baths 191 m²
€ 520,000
3 beds 2 baths 109 m²
€ 345,000
2 beds 2 baths 97 m²
€ 435,000
3 beds 2 baths 114 m²
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 367,000
3 beds 3 baths 177 m²
€ 262,000
3 beds 2 baths 84 m²
€ 242,000
2 beds 2 baths 72 m²
€ 277,000
2 beds 2 baths 73 m²
€ 255,000
3 beds 2 baths 85 m²
€ 220,000
2 beds 2 baths 71 m²
€ 240,000
2 beds 2 baths 80 m²
€ 280,000
3 beds 2 baths 88 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 355,000
3 beds 2 baths 100 m²
€ 385,000
2 beds 2 baths 76 m²
€ 325,000
3 beds 2 baths 97 m²
€ 269,000
2 beds 2 baths 81 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
€ 730,000
3 beds 2 baths 149 m²
€ 529,000
3 beds 2 baths 133 m²
€ 319,000
2 beds 2 baths 87 m²

sold directly by renowned developers at their best prices.

EXCLUSIVE LAUNCH OFFER: Purchase any property and receive €3,000!

 

Looking for a resale? We have many local property finders ready to help.

Let’s have a look at the 6 reasons why a personal real estate shopper in Spain will be very helpful for your property search.

Do Germans take a mortgage for their Second Home?

€244,000

Only 11% of the property purchases done by Germans in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €244,000.

If you want to learn more on how to get the best mortgage deal, read our seminal paper: Your definitive guide to your Spanish mortgage rate: How to apply, how to get the best rates?

If you want to directly ask a free quote to our partner, don’t hesitate. Ask our partner a mortgage quote for a Spanish property.

 

Buying in Spain is easy, once you found your property, here are the 9 steps to your Spanish Property

1. Get your NIE “Número de Identificación de Extranjeros”, read our article on this: “Your ultimate guide to your NIE number“.

2. Find a lawyer speaking your language and Spanish: Looking for an property lawyer in Spain? Check all our partners here!

3. Open a Bank account

4. Do you need a mortgage? Your Spanish Mortgage: How to apply? How to get the best rates?

5. Sign the “contrato de Reserva”

6. Important checks of the property with experts

7. Get your mortgage confirmed

8. Sign the “contrato de Arras”

9. Go to the Notary for signing the contract for the purchase of the property

If you want to look at our detailed article: ” The 9 Steps before buying your Spanish property“.

 

How much does it cost to buy a property in Spain?

The short answer is 10% to 14% of the property value. Read our detailed article on that subject: What is the real cost of buying your Spanish Property?

 

How much does it cost to be an owner of a property in Spain?

The short answer is around 1% of the property value per year. Learn more in our detailed article: What is the real cost of owning your Spanish property?

 

Download our exclusive pdf report: Germans property buyer’s guide in Spain: What are the ideal Spanish properties for Germans? Where do they buy? How much do they pay?

 

Register to our YouTube channel in German and get all our useful animated video – click on the picture

 

Looking for an expert in Spain: Lawyer, Architect, Property Hunter, Mortgage? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

FOLLOW US

The post Germans property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/germans-buying-property-spain/feed/ 0 Find your Property in Spain Find your experts in Spain HowToBuyInSpain_Twitter Germany Stéphane co-founder of HTBIS Romanians property buyer’s guide in Spain https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/romanians-buying-property-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/romanians-buying-property-spain/#respond Fri, 14 Jun 2019 06:33:29 +0000 https://howtobuyinspain.com/?p=11976 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans Romanians Russians Swedish? Romanians property buyer’s guide

Read More

The post Romanians property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

Other nations’ profiles: What are the ideal Spanish properties for Belgians Chinese Dutch English French Germans Italians Moroccans
Romanians Russians Swedish?

Romanians property buyer’s guide in Spain

Find your free pdf report regrouping all our tips and all this information at the end of this article

The 10 things you should know before buying your Spanish property!

We make it easy for you to buy your dream property in Spain thanks to our knowledge and our network of local partners.

How active are the Romanians on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Romanians? How much do they pay? Do they prefer new build properties or resale? Do they need a mortgage for financing? How should they buy? What are the 9 steps to buy a property in Spain?

 

First, let’s analyse the Home purchases by the Romanians in Spain

Both foreigners and Spaniards are very active on the property market in Spain.

In 2018, foreigners bought close to 100,000 properties in Spain.
Spaniards and Foreigners are buying the highest number of properties in 2018 vs any year since the crisis of 2008, have a look at our chart: more than 580,000 properties were bought, 15% of the purchases by foreigners.

Read our most recent article about that: Who are the foreigners buying real estate in Spain?

 

100,000 properties bought by foreigners in 2018. Why foreigners are so active in Spain?

We have listed at least 13 reasons why foreigners are buying properties in Spain. Of course, you’ll find sea, sun, beaches, nice quality of life… but investment return is important as we explain here: What return will you make on your Spanish Property in 2019?

 

How active are the Romanians on the Spanish Real estate market? 7,427 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the Romanians are buying 20 properties per day, or about 7,427 for the last 12 months up to December 2018, in Spain.

It is nearly 8 times more than in 2008.

 

How much do they pay for their properties? €894/m²

The price they pay on average is €894 per square meter. Check the evolution over the last 12 years.

Of course, depending on the region, price paid by foreigners per square meter is changing a lot. The Balearic Islands is the most expensive region if you want to buy a second home in Spain. Another factor factor to take into account for the price is if the property is a new build property or a resale.

 

Real estate prices in Spain are not any more in crisis

we have a stable and even growing market in many Spanish regions

What are the most loved Spanish regions by the Romanians?

Romanians love to buy in the three biggest Spanish Cities: Madrid, Valencia and Barcelona and the neighboring areas. From that we can deduct that most of the Romanians buy to live in Spain rather than a Second home.

Where are foreigners buying in Spain? In which Regions, in Which Cities?

Foreigners are actively buying properties in many Spanish cities: for Alicante, Tenerife, Ibiza and Palma de Mallorca, Malaga and Girona, they represent more than one transaction out of 4.

Here are the most active regions

Here are the most active cities

If you want to read more on the subject: Which are the top 10 Spanish cities where foreigners are buying properties?

What properties do Romanians like? Small or big? 70m²

Most of the Romanians, 1 out of 3 are buying properties between 60 and 80 square meters. If you compare those numbers with other nationalities, Romanians do buy smaller homes in Spain than other foreigners.

Do Romanians prefer Spanish new build properties or resale? Resale 84%

16% of the Romanians go for a new build property.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.
€ 320,000
2 beds 1 bath 61.3 m²
€ 313,000
2 beds 2 baths 61.3 m²
€ 540,000
3 beds 3 baths 191 m²
€ 520,000
3 beds 2 baths 109 m²
€ 345,000
2 beds 2 baths 97 m²
€ 435,000
3 beds 2 baths 114 m²
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 367,000
3 beds 3 baths 177 m²
€ 262,000
3 beds 2 baths 84 m²
€ 242,000
2 beds 2 baths 72 m²
€ 277,000
2 beds 2 baths 73 m²
€ 255,000
3 beds 2 baths 85 m²
€ 220,000
2 beds 2 baths 71 m²
€ 240,000
2 beds 2 baths 80 m²
€ 280,000
3 beds 2 baths 88 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 355,000
3 beds 2 baths 100 m²
€ 385,000
2 beds 2 baths 76 m²
€ 325,000
3 beds 2 baths 97 m²
€ 269,000
2 beds 2 baths 81 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
€ 730,000
3 beds 2 baths 149 m²
€ 529,000
3 beds 2 baths 133 m²
€ 319,000
2 beds 2 baths 87 m²

sold directly by renowned developers at their best prices.

EXCLUSIVE LAUNCH OFFER: Purchase any property and receive €3,000!

 

Looking for a resale? We have many local property finders ready to help.

Let’s have a look at the 6 reasons why a personal real estate shopper in Spain will be very helpful for your property search.

Do Romanians take a mortgage for their Second Home? €81,000

37% of the property purchases done by Romanians in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €80,824.

 

If you want to learn more on how to get the best mortgage deal, read our seminal paper: Your definitive guide to your Spanish mortgage rate: How to apply, how to get the best rates?

If you want to directly ask a free quote to our partner, don’t hesitate. Ask our partner a mortgage quote for a Spanish property.

 

Buying in Spain is easy, once you found your property, here are the 9 steps to your Spanish Property

1. Get your NIE “Número de Identificación de Extranjeros”, read our article on this: “Your ultimate guide to your NIE number“.

2. Find a lawyer speaking your language and Spanish: Looking for an property lawyer in Spain? Check all our partners here!

3. Open a Bank account

4. Do you need a mortgage? Your Spanish Mortgage: How to apply? How to get the best rates?

5. Sign the “contrato de Reserva”

6. Important checks of the property with experts

7. Get your mortgage confirmed

8. Sign the “contrato de Arras”

9. Go to the Notary for signing the contract for the purchase of the property

If you want to look at our detailed article: ” The 9 Steps before buying your Spanish property“.

 

How much does it cost to buy a property in Spain?

The short answer is 10% to 14% of the property value. Read our detailed article on that subject: What is the real cost of buying your Spanish Property?

 

How much does it cost to be an owner of a property in Spain?

The short answer is around 1% of the property value per year. Learn more in our detailed article: What is the real cost of owning your Spanish property?

 

Download our exclusive pdf report: Romanians property buyer’s guide in Spain: what are the ideal Spanish properties for Romanians? Where do they buy? How much do they pay?

 

Register to our YouTube channel in Romanian and get all our useful animated videos – click on the picture

 

Looking for an expert in Spain: Lawyer, Architect, Property Hunter, Mortgage? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

The post Romanians property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/romanians-buying-property-spain/feed/ 0 Find your Property in Spain Find your experts in Spain HowToBuyInSpain_Twitter Romania Stéphane co-founder of HTBIS Belgians property buyer’s guide in Spain https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/belgians-buying-spanish-properties/ https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/belgians-buying-spanish-properties/#respond Thu, 13 Jun 2019 16:48:42 +0000 https://howtobuyinspain.com/?p=11920 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Find other nations’ property buyer’s guides here:for Belgians Chinese Dutch English French Germans Italians Moroccans Romanians Russians Swedish? Belgians property buyer’s guide in Spain Find

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The post Belgians property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

Find other nations’ property buyer’s guides here:for Belgians Chinese Dutch English French Germans Italians Moroccans
Romanians Russians Swedish?

Belgians property buyer’s guide in Spain

Find your free pdf report regrouping all our tips and all this information at the end of this article

The 10 things you should know before buying your Spanish property!

We make it easy for you to buy your dream property in Spain thanks to our knowledge and our network of local partners.

How active are Belgians on the Spanish property market? What properties do they like? What are the most loved Spanish regions by Belgians? How much do they pay? Do they prefer new build properties or resale? Do they need a mortgage for financing? How should they buy? What are the 9 steps to buy a property in Spain?

 

First, let’s analyse the Second Home purchases by Belgians in Spain

Both foreigners and Spaniards are very active on the property market in Spain.

In 2018, foreigners bought close to 100.000 properties in Spain.
Spaniards and Foreigners are buying the highest number of properties in 2018 vs any year since the crisis of 2008, have a look at our chart: more than 580,000 properties were bought, 15% of the purchases by foreigners.

Read our most recent article about that: Who are the foreigners buying real estate in Spain?

 

100,000 properties bought by foreigners in 2018. Why foreigners are so active in Spain?

We have listed at least 13 reasons why foreigners are buying properties in Spain. Of course, you’ll find sea, sun, beaches, nice quality of life… but investment return is important as we explain here: What return will you make on your Spanish Property in 2019?

 

How active are the Belgians on the Spanish Real estate market? 5,700 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, Belgians are buying 17 properties per day, or about 5,716 for the last 12 months up to December 2018, in Spain.

It is nearly 10 times more than in 2008.

 

How much do they pay for their properties? €1,877 /m²

The price they pay on average is €1,877 per square meter. They pay just a little bit more than other foreigners buying properties in Spain. Check the evolution over the last 12 years.

 

Of course, depending on the region, price paid by foreigners per square meter is changing a lot. The Balearic Islands is the most expensive region if you want to buy a second home in Spain. Another factor to take into account for the price is if the property is a new build property or a resale.

 

Real estate prices in Spain are not any more in crisis

we have a stable and even growing market in many Spanish regions

 

What are the most loved Spanish regions by Belgians?

Belgians are buying in the suspected regions where foreigners are the most active: the Costa Blanca and the Costa del Sol. Those two Costas are in Andalusia and in the Valencian Community and represent nearly 50pc of the transactions done by the Belgians. Other important regions are the Canary Islands and Catalonia with Barcelona.

 

Where are foreigners buying in Spain? In which Regions, in Which Cities?

Foreigners are actively buying properties in many Spanish cities: for Alicante, Tenerife, Ibiza and Palma de Mallorca, Malaga and Girona, they represent more than one transaction out of 4.

Here are the most active regions

Here are the most active cities

If you want to read more on the subject: Which are the top 10 Spanish cities where foreigners are buying properties?

 

What properties do they like? 90m²

Most of the Belgians, 1 out of 3 buy properties bigger than 100 square meters. One out of 5 are buying properties between 80 and 100 square meters. If you compare those numbers with other nationalities, Belgians do buy bigger second homes in Spain than other foreigners.

 

 

Do Belgians prefer Spanish new build properties or resale? 33% new build

One out of three Belgian is buying a New build property in Spain. Actually, Belgians are the most active buyers of new build properties vs resale if you compare them to any other country.

 

Looking for a new build property? Discover the best new build projects available in Spain on our portal.
€ 320,000
2 beds 1 bath 61.3 m²
€ 313,000
2 beds 2 baths 61.3 m²
€ 540,000
3 beds 3 baths 191 m²
€ 520,000
3 beds 2 baths 109 m²
€ 345,000
2 beds 2 baths 97 m²
€ 435,000
3 beds 2 baths 114 m²
€ 350,000
3 beds 2 baths 106 m²
€ 273,000
2 beds 2 baths 83 m²
€ 368,000
3 beds 2 baths 103 m²
€ 315,000
2 beds 2 baths 90 m²
€ 245,000
2 beds 2 baths 83 m²
€ 335,000
3 beds 2 baths 98 m²
€ 250,000
2 beds 2 baths 90 m²
€ 420,000
2 beds 2 baths 81.7 m²
€ 475,000
3 beds 2 baths 101.9 m²
€ 490,000
3 beds 2 baths 119.8 m²
€ 540,000
3 beds 2 baths 129.2 m²
€ 530,000
3 beds 2 baths 106.9 m²
€ 370,000
2 beds 2 baths 88.9 m²
€ 440,000
3 beds 2 baths 106.9 m²
€ 367,000
3 beds 3 baths 177 m²
€ 262,000
3 beds 2 baths 84 m²
€ 242,000
2 beds 2 baths 72 m²
€ 277,000
2 beds 2 baths 73 m²
€ 255,000
3 beds 2 baths 85 m²
€ 220,000
2 beds 2 baths 71 m²
€ 240,000
2 beds 2 baths 80 m²
€ 280,000
3 beds 2 baths 88 m²
€ 585,000
3 beds 3 baths 162 m²
€ 348,000
3 beds 2 baths 220 m²
€ 355,000
3 beds 2 baths 100 m²
€ 385,000
2 beds 2 baths 76 m²
€ 325,000
3 beds 2 baths 97 m²
€ 269,000
2 beds 2 baths 81 m²
€ 631,000
3 beds 2 baths 123 m²
€ 345,000
2 beds 2 baths 154 m²
€ 430,000
3 beds 2 baths 116 m²
€ 730,000
3 beds 2 baths 149 m²
€ 529,000
3 beds 2 baths 133 m²
€ 319,000
2 beds 2 baths 87 m²

sold directly by renowned developers at their best prices.

EXCLUSIVE LAUNCH OFFER: Purchase any property and receive €3,000!

 

Looking for a resale? We have many local property finders ready to help.

Let’s have a look at the 6 reasons why a personal real estate shopper in Spain will be very helpful for your property search.

Do Belgians take a mortgage for their Second Home?

Only 6% of the property purchases done by Belgians in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €121,128.

If you want to learn more on how to get the best mortgage deal, read our seminal paper: Your definitive guide to your Spanish mortgage rate: How to apply, how to get the best rates?

If you want to directly ask a free quote to our partner, don’t hesitate. Ask our partner a mortgage quote for a Spanish property.

 

Buying in Spain is easy, once you found your property, here are the 9 steps to your Spanish Property

1. Get your NIE “Número de Identificación de Extranjeros”, read our article on this: “Your ultimate guide to your NIE number“.

2. Find a lawyer speaking your language and Spanish: Looking for an property lawyer in Spain? Check all our partners here!

3. Open a Bank account

4. Do you need a mortgage? Your Spanish Mortgage: How to apply? How to get the best rates?

5. Sign the “contrato de Reserva”

6. Important checks of the property with experts

7. Get your mortgage confirmed

8. Sign the “contrato de Arras”

9. Go to the Notary for signing the contract for the purchase of the property

If you want to look at our detailed article: ” The 9 Steps before buying your Spanish property“.

 

How much does it cost to buy a property in Spain?

The short answer is 10% to 14% of the property value. Read our detailed article on that subject: What is the real cost of buying your Spanish Property?

 

How much does it cost to be an owner of a property in Spain?

The short answer is around 1% of the property value per year. Learn more in our detailed article: What is the real cost of owning your Spanish property?

 

Download our exclusive pdf report: Belgians property buyer’s guide in Spain: what are the ideal Spanish properties for Belgians? Where do they buy? How much do they pay?

 

Looking for an expert in Spain: Lawyer, Architect, Property Hunter, Mortgage? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

The post Belgians property buyer’s guide in Spain appeared first on How to buy in Spain.

]]> https://howtobuyinspain.com/en/buy-property-in-spain/guides-to-buying-a-property-in-spain-en/belgians-buying-spanish-properties/feed/ 0 Find your Property in Spain Find your experts in Spain Stéphane co-founder of HTBIS