Why you should consider investing in Costa del Sol?
Costa del Sol is renowned for its sunny climate, sea, sand, and sangria. The area has been enjoying substantial growth of late, especially due to the increasing number of tourists. Whether you are considering investing in a personal development real estate or one you can let it out to the large numbers of tourists flocking the region, then this is the place for you.
Costa del Sol is well known for some of the finest golf courses in Spain. Those in the area also have an opportunity to enjoy the numerous water sports activities. The area also has good infrastructure, amenities, and plenty of transport options such as a seaport, airport, roads and high speed rail. The medical facilities throughout out the region are also top-notch, and communication systems are more than abundant.
When choosing which new developments Costa del Sol to invest in, it is important to consider the purpose of the property you are buying. This is primarily because the property market here is complex. This means that you need make the right decision if you want to have a decent return on your investment. Even if you are buying a personal home, it is important to think of it as an investment since you will be spending a lot of money purchasing it. Here are some of the things to consider.
This is the first thing you will need to consider. It is important to factor in what different areas in Costa del Sol have offer. You should also be able to look at the development pattern in the area to try and assess how it will shape up in the future. From Malaga in the east to San Roque in the west, you will have many options to choose from. Estepona is regarded as one of the most charming towns in Costa del Sol. Here will find plenty of new build properties for sale Estepona to invest in. They range anywhere from townhouses to large real estates. You may also want to consider investing in a property in Malaga, the 6th largest city in Spain. Property here is diverse. If looking for an affordable property, then you can consider La Cala de Mijas. This town has attracted many investors, and it also boosts numerous luxurious villas. Puerto Banus is regarded as home to the rich and famous. Here you can find properties ranging from tiny apartments to luxury high-end villas. Marbella is also another famous location known to many. It has luxury apartments, most of which do not come cheaply. Sotogrande is another location that offers high end apartments. It is mainly famous for its white architecture. Fuengirola also has plenty to offer because of its stunning weather and affordable apartments. Benalmadena and Torremolinos are other locations you can consider when choosing a property to invest in. While these are some of the popular names in Costa del Sol, it is important to consider all the options you have.
Types of real estate available:
The types of new developments available in Costa del Sol are quite varied. When choosing the type of real estate, you will have the option of either a resale development or new real estate. The reason you should take this into consideration is because different real estates will have their pros and cons. For example, there may be different tax implications depending on which type of development you invest in. This is why you need to do a thorough research. It is advisable to find out whatever you can about a property before investing in it.
Real Estate Laws:
When choosing a real estate, it is important to consider the laws governing investments in such property. The purchasing power for foreigners, and especially Britons, is relatively uncomplicated. This is because one does not necessary have to be Spanish to invest in a real estate. Spain actually encourages foreigners to invest into its real estate market. Investors are however required to have a tax identification number issued by Spain.
Choosing a reputable real estate agency:
One of the ways you can find information about real estates in Costa de Sol is by seeking the services of an agency. A reputable real estate agency will be knowledgeable about the real estate development you want to invest in, and they may even be of much help by giving you pointers on potential developments that may be attractive. You should however find an agency that is reputable since some may not be regulated. One of the best ways to find an agency is combing through the internet, and also reading reviews of what others are saying about the agency.
Getting a mortgage:
If you want a mortgage to purchase a real estate, then you can approach financial institutions. One of the leading British financial institution Santander, has a huge presence in Spain. You may also want to consider approaching a Spanish bank to get a mortgage, since there are no legal restrictions of getting one. However, getting a mortgage from a Spanish bank may be a lot difficult for Brits since credit checks are done locally.
When investing in a real estate in Costa del Sol, it is important to consider the fees and charges involved. One of the best ways to do this is by using an international payment method that has the best exchange rate. You can opt to use companies that specialise in international money transfers to save on costs.
Making a move to Costa del Sol should not be a complicated process. As long as you follow the right procedure and do a thorough research, then you will be able to enjoy the sunny climate that Costa del Sol has to offer, without worrying about being scammed or any potential pitfalls.
Are you thinking of investing in real estate in Costa del Sol? If so, then this blog post will offer insight and tips to consider when investing in new developments in the region. Why you should consider investing in Costa del Sol? Costa del Sol is renowned for its sunny climate, sea, sand, and sangria. The area has been enjoying substantial growth of late, especially due to the increasing number of tourists. Whether you are considering investing in a personal development real
EXPO Costa del Sol is happy to announce that they will be one of the official sponsors of the ATP CHALLENGER that will be held in Marbella (Malaga, Spain). The company prides itself in being innovative and is excited to be part of an event that shares its passion for pushing the limits of what is possible. It believes that athletics work in much the same way as its business strategy – both of them aim to be nothing but
Living in the World’s Healthiest Nation: Spain. A recent study conducted by Bloomberg (2019) that ranked close to 169 economies based on several health variables revealed that Spain is the healthiest nation in the world. Bloomberg Healthiest Country Index collected the data based on factors such as health risks like obesity, life expectancy, sanitation and access to clean water among other key considerations. It is intriguing that Spain got a 92.75 health grade which is way higher that the health score
The Spanish real estate market has continued to expand at the start of 2019, with many investors starting to find their way into the market. Also, many individuals are looking to purchase new developments in Spain after the country’s real estate market was hit hard when there was a bubble burst in 2008. The Spanish real estate market currently has many twists, and it will pay to do proper research before purchasing new developments Costa del Sol in Spain. Understanding what to
Real estate market has grown tremendously in Costa del sol, Spain due to many factors. Real estate monitoring index tools have revealed that property sector in Malaga is growing strongly since 2008. Malaga has been ranked as the fourth city in property investment after Madrid, Barcelona, and Valencia. Therefore, whether you are an investor or a broker, you need to develop strategic marketing skills for your real estate. This will help you stay ahead of the market dynamics and avoid
If you are planning on looking for a home abroad to buy, you can take a look at Costa del Sol in Spain. Spain is best known for its fantastic sandy beaches and breathtaking views of the ocean. Who wouldn’t want to wake up to a gentle cool breeze from the ocean every morning? For this reason, you should try looking for new build villas for sale Marbella. There are a few tips for you to consider if you want
Purchasing an off-plan property whether for investment or, for your own family occupation that is, you commit to acquiring a property either earlier or for the duration of the construction stage. Purchasing off-the-plan is at times depict as a dangerous way of’ investment option due to the point you are validating agreements without having a real product to acquire. The authenticity is that acquiring off-the-plan has weighty benefits that provide interval and financial investments, in totalling to actually moving away
Both new construction and second-hand homes carry expenses associated with the purchase. In the case of off-plan houses, the VAT-- Value Added Tax--is different from the one paid when buying second-hand houses. This article will deal with the casuistry related to the VAT on newly constructed homes or first delivery. As can be read on the website of Tax Agency (Agencia Tributaria), by 'first delivery' of housing it is understood to mean those acquired from the developer when the construction or
The International Association of Golf Tour Operators, which pulls the strings of this sector worldwide, has awarded Costa del Sol recognition at the IGTM fair. One of the most powerful associations in the worldwide golf tourism industry, the International Association of Golf Tour Operators (IAGTO), and the main fair in this sector, the International Golf Travel Market (IGTM), has recognized Costa del Sol as the Best European Destination for the practice and enjoyment of this sport. The president of Tourism Costa
Who They Are and Where They Invest? Purchases by foreign buyers increased by 5.4% in the first half of the year. The number of foreign buyers who are purchasing and selling homes in Spain have set a new record – even higher than the peak achieved during the real estate bubble. According to a notarial statistic released on Tuesday, 53,359 transactions were registered in the first half of this year. It is the highest absolute figure of the historical series, which starts