Spanish real estate market is one of the most popular among the world’s prestigious, but affordable housing. Besides beaches and a huge number of bars, the country attracts with colorful carnivals and festivals, so it is rightly considered as a holiday country. Spain has a low population density, focused mostly on the coast. The main part of the most popular Spanish resort cities is also located there. One of the most interesting regions of the country - Costa del Sol. For example, buying properties in Fuengirola is profitable for many reasons. The Mediterranean climate, beautiful nature and a high quality, but affordable real estate - the main advantages of the region and the city - in particular. You can always lease your local property on a profit, unless you live there permanently, and in case of resale – you will get a considerable profit.
On the Spanish property market has a bank housing, the price of which is 50-70% lower than the market value. Such collateral property is offered in Fuengirola. A foreigner may also take a credit for the purchase of housing from the bank for 25 years at low interest rates. What attracts investors in Fuengirola? First of all, the fact that the city is located in the luxury resort area of Spain suggests for the highest infrastructure level. It includes water parks, nature reserves, tennis courts and unspoiled beaches awarded with "Blue flags". Climatic conditions - quite comfortable not only for recreation, but also for a permanent residence. The city is so popular that the number of tourists coming into its territory is more than residents in 3-4 times!
The most demanded real estate - studios and apartments, as they are affordable and easily rented. With regard to the spacious two room apartment, say with a large terrace, they cost an average of about 90 thousand Euros. On such a popular beach - these are one of the most affordable prices.
The tax system in Spain is loyal and the process of registration of real estate transactions is easy.
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