A pied-à-terre in Madrid

Profile of the buyer

a lady residing in the USA, with her son living in Spain (not in Madrid).

Yes indeed, another buyer benefiting from the 20% loss of the Euro against de dollar during the last year.

The objective of this real estate investment?

to buy a small apartment in Madrid to be used by her son on weekends, and by herself when she came to visit. She did not want to do any kind of renovations. So, not really a remote working spot but we could consider it as one.

In which neighbourhood should you buy an investment property in Madrid?

she wanted a neighbourhood that had lots of small shops and “neighbourhood life” but that wasn’t too touristy or expensive. It had to be well connected to the airport and to the centre. We recommended several options, and she chose to focus on Plaza de Castilla and Prosperidad.

The perfect jewel property found in Madrid

a bright, just-renovated studio apartment on a relatively quiet street in Prosperidad, two blocks away from the subway and 9 minutes walking to Avenida de América (a major transportation hub).

Special considerations for this property search

An initial challenge was that she was going to spend only a few days in Madrid to view properties, so we did thorough prep work to filter and view properties prior to her arrival, to narrow down the shortlisted properties to only the best ones. Also, the property she finally selected had formerly been a shop and was still in the process of being inscribed in the Property Registry as a residence. We negotiated a deal by which she would pay a small deposit to the seller, and then pay a monthly “rental” fee that would be fully deducted from the purchase price once it got properly registered and the deeds could be signed. This way she didn’t run the risk of buying a property with a legal inconsistency but still had the benefit of using it right away.

Is the Madrid property market already at sky-high prices?

Madrid offers some of the best returns in Europe. The entry price is extremely low, and average returns on Madrid property investment are some of the best in Europe- particularly among leading capital cities.

If you want to know more on that subject, have a look at our article: “What return will you make on your Spanish property?”

About Agnes and her team, our Property hunter in Madrid.

We help clients locate, purchase and renovate property in Madrid. Get in touch today if you’d like to learn how we can help you invest in Madrid.

Send your request to our property hunter in Madrid, or follow the link if you are looking for a property hunter anywhere else in Spain. Ask us directly and benefit from the strength of our network!

Check the full profile of Agnes, our local partner, Property Hunter in Madrid

The post Remote working from your Madrid’s pied-à-terre? appeared first on How to buy in Spain.

Buying a property in Spain?

How to proceed as a foreigner and benefit from the Spanish real estate opportunities?

Don’t forget that after this unpleasant forced period of staying-at-home, foreigners will reassess their life priorities and could decide to get more sun and buy a property in Spain as a holiday home or even to spent part time of the year there or why not relocate completely?

This is the fifth article of our dedicated reports on the Coronavirus and its impacts on the Spanish real estate. Here is our main article: the Spanish Housing Market post-Covid-19 and here is our introduction paper: What are the impacts of Coronavirus on the Spanish real estate?

The ideal Spanish property for foreigners in a post-Covid-19 world are

• It is close to the beach
• It is maximum a one hour drive from an airport
• It has some private outside space: terrace, garden, a pool
• Close to sports and children facilities
• Close to restaurants and shops
• Has a nice view
• Close to a city, but not inside!

What will be the foreigners’ activity on the Spanish real estate market in 2020 and 2021?

Lower foreigners’ activity short term

At the same time, foreigners financial activity, which represented 15% of transactions in 2019, will be less active in 2020 for two main reasons:

• The travel ban
• The purchase of a second home is not “essential” in a difficult economic environment and buyers could decide to wait for uncertainties to decrease before pulling the trigger.

It is important to note that 90% of the transactions made by foreigners are either on the Spanish Coasts or in Madrid.

Long term higher foreigner activity?

After the Corona Crisis, individuals are waking up and deciding what they want to do with their lives.

We think that all of the advantages that have made Spain an ideal destination for property purchases will remain: 320 days of sun, beaches, cheap real estate prices, cheap living costs, high quality of life… and this is only a few things. Foreigners living in northern Europe will continue to buy properties in Spain to relax during their holidays.

Related 10+ reasons for buying a home in Spain

So, from our perspective, many foreigners will reassess their life choices and take this crisis as an opportunity to relocate full time or part-time to Spain and benefit from the bigger supply of qualitative properties on the market to pick the right one at an even better price.

Will 320 days of Sun and beaches disappear due to Covid-19?

At the same time, the main reason why foreigners buy remains valid: people buy in Spain to escape from the bad weather in their home countries and enjoy the sun 320 days per year.

Cash is king

Cash-rich investors will continue to take advantage of the benefits of investing in Spanish real estate: good yields and low prices for international cities…Read our analysis written in January 2020, comparing Spanish cities with other European cities for a deeper analysis on that: What return will you make on your Spanish Property in 2020?

Are you buying your dream property in Spain?

Since we started to invest in Spain in 2012, we have built a network of local real estate experts in Spain and become the one-stop-shop solution for foreigners looking for help to buy a property in Spain.

As foreigners ourselves, we have built this network first to find the solution for ourselves… and following that we wanted to share our network and experiences with other foreigners.

Since our launch in 2017, our readership grew to more than 170,000 and we have customers and readers from more than 210 countries around the world! We are extremely pleased with this result.

Is it expensive to buy a property in Spain?

Your first question before buying your property will be: Does it cost a lot to buy a property in Spain? Here is our detailed answer: “The cost of buying a property in Spain“.

Your second question will be: Does it cost a lot to keep your Spanish property? Check our paper: “The cost of owning a property in Spain“.

How can you seize potential opportunities?

So, if you are a buyer, we think that opportunities should arise within the next 6 to 18 months, depending on the timing of the economic recovery. The best ones should be newly built properties, as promoters adjust pricing to get deals done (while keeping the same high-quality standards, as the real estate projects have improved a lot since 2007).

Discover the best new build projects in Spain available right now

Our advice

Stay picky for the main qualities and characteristics of your property, but at the same time don’t hesitate to negotiate on the price. Of course, should the economy remain bad (let’s reassess in 9 months), opportunities could become much bigger.

Are bank repossessed properties back to Spain?

Where should you buy your property in Spain?

Of course, you have to find your dream place, here are some articles we wrote to help you out:

• The top 10 Spanish cities where foreigners love to buy properties!
• Who are the foreigners buying properties in Spain in 2019? Our detailed analysis
• Which are the cheapest cities to live in Spain?

Discover the Spanish Costas thanks to our detailed articles and infographics we wrote on all the Spanish Costas.

Find all our best Spanish Costas infographics: Costa Brava, Costa del Sol, Costa Blanca, Costa Barcelona, Balearic Islands, Canary Islands,…

Is it easy for a foreigner to buy a property in Spain?

There are 9 steps before buying a property in Spain: The 9 steps to your Spanish Property

It is cheap and easy to buy a property in Spain if you have support from local experts speaking your language.

The experts from our network are active in nine fields:

1. Property finders: 6 reasons why a personal real estate shopper in Spain will be very helpful for your property search
2. B&B Learn how to start your B&B in Spain
3. Lawyers: Why do you need independent legal and tax partners for your property acquisition in Spain?
4. Tax: Why do you need independent legal and tax partners for your property acquisition in Spain?
5. Architects
6. Money Transfer and Currency risk hedging: How to pay in £,$,¥ Pounds, Dollars, Francs, Yuan for my Spanish property?
7. Get a mortgage in Spain: Your definitive guide to your Spanish mortgage. How to get the best rates?
8. Insure your Spanish property
9. Property survey for technical due diligence on your Spanish property

So a few questions specific to the Corona Crisis:

Do I need to travel to Spain to buy my property?

No, your legal representative in Spain can represent you for your property purchase and your mortgage.

Don’t miss our interesting articles on property acquisition in Spain:

• Our top 10 pieces of advice for buying your property in Spain
• Top 8 tips for not wasting money when you buy in Spain

Last but not least, don’t miss our Spanish property buyers guides written for the top 10 nations active in Spain:

• British property buyer’s guide in Spain
• Germans property buyer’s guide in Spain
• Romanians property buyer’s guide in Spain
• Belgians property buyer’s guide in Spain
• Italians property buyer’s guide in Spain
• Moroccans property buyer’s guide in Spain
• Swedish property buyer’s guide in Spain
• Russians property buyer’s guide in Spain
• Chinese property buyer’s guide in Spain
• Dutch property buyer’s guide in Spain
• Le guide de l’acquisition immobilière en Espagne pour les Français
• Le guide de l’acquisition immobilière en Espagne pour les Belges

The Spanish housing market post-covid-19

This concludes our report on What are the new dream homes for foreigners in a post-Covid-19 world?

To end our series on the impact of the Coronavirus on the Spanish real estate, we will cover those topics:

• Are distressed sales back in Spain due to Covid-19 as in 2008?
• Mortgage financing conditions update in a post-Covid-19 world

Last but not least, don’t miss the core of our research: our in-depth analysis of the Spanish Housing Market post-Covid-19.

Don’t neglect the basic recommendations to keep yourself and others safe:

• • 2. 2. 1. 1. 1. 1. • maintaining a social distance of 2 m,
                      • regular hand washing,
                      • cover your mouth when you cough or sneeze,
                      • avoid touching your face after touching hard surfaces where the virus can live.

Looking for a mortgage or a local expert in Alicante, Malaga, Valencia, Madrid, Barcelona,…? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Buying a property in Spain? Benefit from the opportunities! appeared first on How to buy in Spain.

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.

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.

Property finders in Spain

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!

Find your property lawyer in Spain

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

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

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.

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.

Property finders in Spain

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!

Find your property lawyer in Spain

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.

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

Italians 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 Italians on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Italians? 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 Italians 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 Italians on the Spanish Real estate market? 6,700 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the Italians are buying 19 properties per day, or about 6.651 for the last 12 months up to December 2018, in Spain.

It is nearly 4 times more than in 2008.

How much do they pay for their properties? €1,828/m²

The price they pay on average is €1,828 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 Italians?

Italians love to buy on the Canary Islands. Second preferred region is Catalonia. Third is the Balearic Islands.

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? 70m²

Most of the Italians, 1 out of 3 buy properties between 40 and 60 square meters. One out of 4 are buying properties between 60 and 80 square meters. So, Italians clearly go for a small surface.

Do Italians prefer Spanish new build properties or resale?

15% of the Italians go for a new build property.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.

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.

Property finders in Spain

Do Italians take a mortgage for their Second Home? €136,000

18% of the property purchases done by Italians in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €136,077.

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!

Find your property lawyer in Spain

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: Italians property buyer’s guide in Spain: what are the ideal Spanish properties for Italians? Where do they buy? How much do they pay?

Register to our YouTube channel in Italian 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 Italians property buyer’s guide in Spain appeared first on How to buy in Spain.

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

Moroccans 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 Moroccans on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Moroccans? 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 Moroccans 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 Moroccans on the Spanish Real estate market? 7,100 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the Moroccans are buying 17 properties per day, or about 7,058 for the last 12 months up to December 2018, in Spain. It is nearly 6 times more than in 2008.

How much do they pay for their properties? €684 m²

The price they pay on average is €684 per square meter. They pay a lot less 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 Moroccans?

Moroccans love to buy in Andalusia, Catalonia 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? 70m²

Most of the Moroccans, 1 out of 3, buy properties with surfaces between 60 and 80 square meters.

Do Moroccans prefer Spanish new build properties or resale? 89% Resale

11% of the Moroccans go for a new build property.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.

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.

Property finders in Spain

Do Moroccans take a mortgage for their Home? €53,000

Only 14% of the property purchases done by Moroccans in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €53,171.

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!

Find your property lawyer in Spain

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: Moroccans property buyer’s guide in Spain: what are the ideal Spanish properties for Moroccans? Where do they buy? How much do they pay?

Register to our YouTube channel in Moroccan 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 Moroccans property buyer’s guide in Spain appeared first on How to buy in Spain.

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

Swedish 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 Swedish on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Swedish? 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 Swedish 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 570.000 properties were bought, 16% 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 Swedish on the Spanish Real estate market?

4,700 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, the Swedish are buying 15 properties per day, or about 4,710 for the last 12 months up to December 2018, in Spain. It is nearly 9 times more than in 2008.

How much do they pay for their properties? €2,433 m²

The price they pay on average is €2.433 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 Swedish?

Swedish love to buy in the same regions as the majority of foreigners: First, in the Valencian Community, Second in Andalusia and third in the Balearic Islands.

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 the Swedish like? Small or big? 70m²

Most of the Swedish, 1 out of 3, buy properties between 60 and 80 square meters. If you compare those numbers with other nationalities, Swedish do buy smaller second homes in Spain than other foreigners. But at the same time, they pay more per square meter.

Do Swedish prefer Spanish new build properties or resale?

One out of five Swedish is buying a New build property in Spain.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.

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.

Property finders in Spain

Do the Swedish take a mortgage for their Second Home? €184,000

Only 15% of the property purchases done by Swedish in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is €183,557.

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!

Find your property lawyer in Spain

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: Swedish property buyer’s guide in Spain: what are the ideal Spanish properties for Swedish? Where do they buy? How much do they pay?

Register to our YouTube channel in Swedish 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 Swedish property buyer’s guide in Spain appeared first on How to buy in Spain.

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

Russians 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 Russians on the Spanish property market? What properties do they like? What are the most loved Spanish regions by the Russians? 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 Russians 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 570.000 properties were bought, 16% 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 Russians on the Spanish Real estate market? 3,200 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, Russians are buying 9 properties per day, or about 3.194 for the last 12 months up to December 2018, in Spain. It is nearly 2 times more than in 2008.

How much do they pay for their properties? €2,090 m²

The price they pay on average is €2,090 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 mode

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

What are the most loved Spanish regions by the Russians?

Russians love to buy in the Valencian Community, in Catalonia and in the Canary Islands.

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 the Russian like? Small or big? 70 m²

1 Russians out of 3 are buying properties between 60 and 80 square meters. Another 30% buy properties bigger than 100 square meters.

Do Russians prefer new build or resale? 80% Resale

One out of five Russians is buying a New build property in Spain. The other 80% buy resale.

Looking for a new build property? Discover the best new build projects available in Spain on our portal.

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.

Property finders in Spain

Do Russians take a mortgage for their Second Home? €152,000

21% of the property purchases done by Russians in Spain are done with a mortgage. For the transactions with a mortgage, the mortgage size is 151,800 EUR.

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!

Find your property lawyer in Spain

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: Russian property buyer’s guide in Spain: what are the ideal Spanish properties for Russians? Where do they buy? How much do they pay?

Register to our YouTube channel in Russian 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 Russians property buyer’s guide in Spain appeared first on How to buy in Spain.

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

Chinese property buyer’s guide in Spain

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 Chinese on the Spanish property market? What properties do they like? What are the most loved Spanish regions by Chinese? 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 Chinese 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 570.000 properties were bought, 16% of the purchases by foreigners.

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 Chinese on the Spanish Real estate market? 4,600 properties bought in 2018

According to the “Consejo General del Notariado” in Spain, Chinese are buying 13 properties per day, or about 4,554 for the last 12 months up to December 2018, in Spain. It is nearly 4 times more than in 2008.

How much do they pay for their properties? €1,683 m²

The price they pay on average is €1,683 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

If you want to know more about the property prices in all the Spanish cities, please check our Quarterly report on the Spanish property prices.

What are the most loved Spanish regions by Chinese?

Chinese love to buy in the two biggest Spanish Cities: Madrid and Barcelona. A reason for that, of course, most of Chinese buy their main home and not a Second Home. So they are in Spain for work and not for pleasure.

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? 70m²

Most Chinese, 1 out of 3 buy properties between 60 and 80 square meters. It is nearly the same statistic for the surfaces between 80 and 100 meters.

Do Chinese prefer Spanish new build properties or resale? 83% Resale

17% of Chinese go for a new build property, 83% for a resale

Looking for a new build property? Discover the best new build projects available in Spain on our portal.