Spain enjoys a stable demand among foreign property buyers. Annually in the country are being sold a huge number of different categories of housing, not only for the holidays. The country is also great for moving to a permanent residence. Advantages of property in the country are not only the perfect climate and appearance, but also reasonable prices. Spain offers a European standard of living and an excellent infrastructure. The country has a good quality property both on a secondary and on a primary market. There cheapest real estate - a bank property, which is withdrawn from persons who do not cope with mortgage payments. There are a lot of regions to find property in Spain. Many investors are directed immediately to the Balearic Islands, and more specifically - on Majorca. Properties in Palma de Mallorca - the most profitable, because it is the capital of the prestigious and the largest island in the archipelago.
Palma de Mallorca is not only the capital of the island of Mallorca, but also on the entire archipelago. Both sides of the bay of Palma de Mallorca are the most popular for real estate investing. They are united by the longest beach on the island, along which is located the promenade with shops, cafes and restaurants. It should be noted that the bay of Palma de Mallorca - one of the most beautiful in the world, it harbors a large number of luxury cruise liners. Exactly in this city prefer to rest the royal family and a lot of famous people on the planet. They all appreciated the clean environment, unique climate and incredibly beautiful and diverse nature of the island.
Private property on the island - it is certainly a secure investment with the prospect. Even in times of global economic crisis real estate market on Mallorca showed the greatest resistance from the rest of Spain. Of course, the average value is quite high, because of the status of the place. If we talk about small studio apartments, they are slightly more expensive than 50 thousand Euros, but do not exceed 100 thousand.
Property in Spain guarantees foreigners from non-EU countries the issuance of a multiple-entry Schengen visa. The purchasing process for international buyers is not difficult, so it remains only to choose the right property.
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