I feel compelled to preface this article by stressing that buying rural property in Spain has associated higher legal risks as opposed to buying urban property; specifically when it comes to buying a dwelling.
The Costa del Sol (Málaga) remains a prime location for the foreign worldwide community, attracting millions of visitors every year for the host of reasons collated below.
On dealing with property in Spain, you will often come up with a series of property values that may seem somewhat confusing at a first glance. Some people are surprised to find these valuations differ significantly from one another. In today’s post we briefly explain each one and their purpose.
1.
In the aftermath of the Covid-19 pandemic, central banks worldwide flooded the money markets with liquidity (money) in an attempt to stop a major recession which could trigger - if left unchecked - a global depression similar to the last one from 1929.
However, for every action there is an equal an
Spain is the second most visited country in the world, with over 84 million tourists every year. It’s a beautiful country to visit, or live in. Gorgeous weather, great food, affordable prices, great amenities, and ultra-low taxation in some regions of Spain appeal to foreigners at large.
Buying new build property in Spain over the last two years has been quite the frenzy. Post-pandemic, consumers were more than willing to spend their built-up savings leading to two digit increases of property prices, particularly offplan.