Purchase property

Buying a house to rent out is increasingly becoming an option for small savers who expect some return.

New technologies have many advantages. In just a few seconds you can open a bank account with a selfie, block your phone with your fingerprint, turn on the heating and do your tax returns. However, it is not as simple as it seems when it comes to signing a mortgage.

The number of property transactions in February increased by 16.2% year-on-year to 41,480 transactions, according to the National Institute of Statistics (Instituto Nacional de Estadística or INE).

More and more non-Spaniards are buying houses in Spain.

Having doubts about whether you should buy or rent is very common. On one hand, buying a home in Spain requires a significant initial input of money, but on the other hand, spending your whole life paying the rent on a house that you will never own is not necessarily an appealing option.

Interest rates for mortgage loans are at a low right now, and it’s possible to can earn more than 7% each year if you invest in a property in Spain.

When it comes to buying yourself a home, the choice of whether to buy new or used is an important one.

The growing arrival of ex-pats in Spain benefits not only the tourism sector, but also boosts the property market. In 2017, foreigners bought more than 61,000 houses, largely in the coastal provinces and the islands.

With the upward trend in property prices, buyers want to find their dream home without going overbudget. As such, the key is to get the seller to lower the price of the house.

When house hunting, you’ll have noticed that a distinction is often drawn between run-of-the-mill properties and so-called ‘luxury’ properties but what’s the difference?

There’s always loads of legal stuff involved in buying any property, but as a foreigner in Spain you’ll have extra paperwork to do.

Buying a house is a lengthy process with lots of official hoops to jump through - use this comprehensive checklist to tick things off as you go. Check with the local authorities that the transaction is legal i.e.

It’s absolutely vital when you’re doing a visit to any potential property to keep these things in mind: 1.

Whether you’re looking at villas, flats or holiday homes, there’s always the decision of whether to buy or to rent, but which is best for you? It’s worth taking the following into account... Cost of a mortgage vs.

Spain offers many different types of properties compared with Britain. Before you start looking, you should be very clear on the following: Why are you buying? (holiday home, investment, somewhere to retire…) How will you spend your time there?

Seems like the whole world and his dog are looking for a property in the Mediterranean, if they haven’t bought one already. So what’s the big deal?

So you’ve decided to buy property in Spain. Now what? What with everything being in Spanish and the property market being so different, it can be quite daunting for first-time expat buyers. Fear not!