Buying properties in Costa del Sol - the right decision!
Spanish real estate - one of the most popular in the world market among the available offers in prestigious countries. In addition to the many kilometers of beaches and a huge number of bars, there are a lot of bright carnivals, which put the country among the most popular holiday regions. The buyers from non-EU countries have the opportunity to get a multiple-entry Schengen visa immediately after the purchase. The country has a high population density, which mainly lives on the coast. One of the most popular holiday regions in Spain - Costa del Sol. Buying properties in Costa del Sol - the right decision. There prevails a pleasant Mediterranean climate, beautiful nature and a high quality, but affordable real estate, which you can favorably rent, unless you live there for a permanent. You may also expect a substantial profit in case of a possible resale.
Properties in Costa del Sol on the sea
You can purchase an excellent realty on the Costa del Sol in any of the resorts on the coast. Marbella - the leader of sales, so it is worth buying commercial areas as well. These are shops, hotels and offices, which can generate a steady income.
Properties in Costa del Sol, the pros
Spain is advantageous because of its collateral property market - prices in Costa del Sol are 50-70% lower than the market value. This is the so-called banking real estate sector – the properties are withdrawn from persons who do not cope with the payments on the mortgage. Lower prices than these - cannot be found. At the same time, housing is usually of excellent quality and has a good location.
Property sales in Costa del Sol for foreigners
A foreigner may take out a loan at a local bank to purchase real estate. The credit is given for 25 years at low interest rates, and if you buy mortgage housing from the bank, which we discussed above - the initial fee is not required. The tax system in the country is loyal and the process of registration of real estate transactions is simple and transparent. Of course, this also applies to real estate in Costa del Sol. If you hire an experienced specialist, you can absolutely be sure of the loyalty of the document processing.
