123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

The Right Time To Invest In The Spanish Real Estate Market

By Author: Smith Coope
Total Articles: 1

Spain is one of the top tourist destinations for many Europeans, Americans, and people from other countries because of the number of sunny days, cheap hotels, and excellent and affordable food and wine. Unfortunately, Spain is now undergoing a financial crisis as well as a property crisis with thousands of homes and apartments lying unsold.

Urgent Property Investments

To help alleviate a more serious property crisis, the government has relaxed the rules for buying property in Spain as well as providing some perks for those willing to invest in property of over €500,000. For investors who are willing to put in that kind of investment, especially in real estate, the government is bringing in legislation that will give investors the Golden Visa in Spain. This bill has been modified to help investors and entrepreneurs to bring in vitally needed investment money; it was approved by the Spanish Government has been implemented since 30th September 2013.

Cutting down Bureaucracy

At the present time, Spanish real estate is described as an excellent investment, if you have money to spare. During these hard times, when houses are being sold off to recover a fraction of what they cost, a far-thinking and astute investor has the potential to make a big profit on their investments. As mentioned earlier, buying property of over €500,000, Spain will expedite visas and residential permits through a single authority and bypassing typical Spanish bureaucracy. Finding a good real estate agent who can handle this type of investment would be in the best interest of the investor as they would know all the documentation needed to get the investment registered and apply for a Spanish visa for the investor and family.

Strict Residency Requirements

Getting proper Spanish representation might be costly, but your investment will be made through the right sources and there should not be any unforeseen problems. There are strict laws concerning getting residency in Spain and about the funds being brought in, and your expert legal team would be the right people to instruct you on how to go about it professionally. Finalizing the investment and transfer of the funds is a prerequisite to applying for permanent residency for the investor and his family in Spain. The investor also needs to meet the strict criteria set by the European Union when it comes to applying for residency, but once meeting those parameters, it should be plain sailing.


About us

This article written by an expert author behalf of Residencyspain.com. We provide real permanent residency visa and Golden Visa in Spain. For further details click Residency Spain.

Total Views: 65Word Count: 424See All articles From Author

Real Estate and Foreclosure Articles

1. Guide To Buying Land For Sale In Bodrum Or Istanbul
Author: Alina Abir

2. Buying Villas In Bodrum For Sale: What To Watch Out For!
Author: Alina Abir

3. How To Find And Retain Skilled Labour As A Building Contractor
Author: Mark Trescothic

4. Choosing The Right Real Estate Agent For Selling Or Buying Property
Author: Nishan Shetty

5. Benefits Of An Istanbul Villa: Why Buy Property In Turkey?
Author: Alina Abir

6. Villas In Turkey: How To Choose The Best Cities
Author: Alina Abir

7. Arlington Heights Real Estate Market Update April 2018
Author: John Herman

8. 6 Steps To Avoid A Real Estate Fraud
Author: Parveen Kumar

9. Pamper Yourself With Antriksh Officer’s Enclave
Author: Mohit Chaudhary

10. Apartment For Sale In Istanbul: Guide To Turkey’s Cities
Author: Alina Abir

11. Best Beach Cities And Buying Apartments For Sale In Bodrum
Author: Alina Abir

12. Sattigitti: The Premier Real Estate Listing Portal
Author: Alina Abir

13. 5 Reasons That Make Oakridge Condos More Desirable Than Others
Author: vivanwanghomes

14. 5 Things To Consider Before Buying Real Estate
Author: Shivam Verma

15. Buying A Home Is More Economical Than Renting And Much More…
Author: Mohit Chaudhary

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: