Language
Spain
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Area: 499,542 km2 Population: 40,491,051 Capital: Madrid Language: Spanish (74%) Currency: Euro Major religion: Roman Catholic (94%) (Source: CIA; September 2008) |
The sunny Spanish costas have attracted tourists from all over Europe for years. Spain is also popular among second home owners. The country of flamenco and bull fighting is not just the perfect summer destination but also an ideal country for pensioners to hibernate.
Living in Spain
Especially the Mediterranean Sea coast with its soft winters is a favourite destination. If you buy a property in this area you will be able to enjoy your holiday home and sun, sea and sand throughout the year.
Those who prefer tranquility and extensive landscapes instead of touristic beaches are best served by the Spanish inlands. Spain has a lot more landscapes to offer besides beautiful coastlines. There are gorgeous green valleys in the north, olive tree orchards in Andalucia in the south and desert areas in the border region of Portugal. Spain also has amazing cities such as Barcelona and Madrid.
The lovely climate and beautiful scenery have made Spain one of the most favorite destinations. The laidback lifestyle, convenience of the euro as the means of payment, the accessibility and the high standard of living convinced a lot of Brits to settle in Spain for good. Especially elderly people choose to emigrate to Spain after they retire.
Those who prefer tranquility and extensive landscapes instead of touristic beaches are best served by the Spanish inlands. Spain has a lot more landscapes to offer besides beautiful coastlines. There are gorgeous green valleys in the north, olive tree orchards in Andalucia in the south and desert areas in the border region of Portugal. Spain also has amazing cities such as Barcelona and Madrid.
The lovely climate and beautiful scenery have made Spain one of the most favorite destinations. The laidback lifestyle, convenience of the euro as the means of payment, the accessibility and the high standard of living convinced a lot of Brits to settle in Spain for good. Especially elderly people choose to emigrate to Spain after they retire.
The property market in Spain
Many Europeans before you bought a property in Spain in the past. Holiday villas at one of the costas have been in great demand for years. A lot of houses in Spain were built in order to meet the demand. Meanwhile, the average price of a house continued to increase which made a Spanish home almost unaffordable. The price increase has come to a halt now, and at the moment a lot of properties in Spain are for sale. This means that a Spanish Home is less profitable than before, but it is a good opportunity for you to make a great deal.
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Price |
Spain |
€ 248,000 |
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|
Madrid |
€ 404,000 |
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Size |
House |
90 m2 |
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|
Apartment |
40 m2 |
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Sales Duration |
|
240 days |
Buying a house
There are different parties involved in the buying process in Spain and you will also have to deal with rules and regulations that are different from what you are used to. Read here more about the buying process, how to finance your property in Spain and everything you need to know about owning a Spanish home.
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