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| Investment Guide: Spain |
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With interest rates at a 40 year low, there are not many
Investors wishing to put their money in Banks or Building
Societies with little return.
 The
Stock Market is very uncertain at the moment and is a very
high risk Investment area.
Many Investors in the UK Property Market, now agree that the
very popular "buy to let" market is becoming saturated
and are turning to Spain to find the return they desire.
With the continuing trend of people retiring earlier and richer
and the levels of stress this brings in today's society, health,
leisure and quality of life are fast becoming everyone's main
concern.
Since the European boundaries came down, there has been an
ever-increasing number of Northern Europeans buying not only
holiday homes but also full time residencies in the Costa
del Sol.
It is an eventual certainty, that with no restrictions on
where you can live or work in Europe, that masses of people,
from cold, damp climates are going to relocate to hotter,
richer areas.  If
relocating your life, why settle for anything less than the
best. The Costa del Sol is frequently called the California
of Europe and there are few places in the World that can offer
as complete a package of lifestyle and wealth.
The shortage of building land between the Sea and the Mountain
range which forms a spine along the Costa del Sol puts development
sites at a premium and to stop builders over populating these
areas, the Local Government have made building control a lot
tighter, only allowing most developers to build on 30% of
the land they own, the rest to be green spaces.
Conclusion
Unfortunately, no one has a crystal ball that can predict
the future.
Property prices can go up and down but historically, in the
long term, they tend to go up. With millions more people from
all over Europe wanting to live in the Costa del Sol, land
running out and tighter building control, all indications
are for a continuing booming property market offering positive
property investment potential. |
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| Ways To Invest In Spanish Property |
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Lifestyle Investment
This is buying your dream home and watching it go up in value
long term, giving you good capital growth on your money and
at the same time improving your lifestyle with all the benefits
the Costa
del Sol offers its residents and frequent visitors. |
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Off Plan Investment
This is buying property at very competitive rates, at planning
stage, two years before they are built, paying only 30% and
fixing the price. Two years later just before completion,
the property price historically should be on average 20% higher.
At this stage you could sell the contract on to someone buying
for lifestyle at the new higher market price. If you sell
before completion, you never pay the final 70% or the tax
yourself. So you should make a good return on your original
30% paid. There are some very important points to follow in
this process, such as getting agreement from the developers
to sell before completion without any expensive penalty charges.
For more information, click here Register
With Us. There are major benefits in the Spanish conveyancing
system that make this very popular with Investors, for more
details and advise talk to a leading firm of Spanish
solicitors. |
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Buy To Let Investment
Pension style
This is to buy properties and use rental income to pay off
the mortgages, this eventually means that you can own a portfolio
of properties outright, enabling you to live off the rental
income. The beauty of this is, historically, property invariably
goes up in value long term. Any fluctuations in the market
should not affect you because the properties are rented out
and if you ever want to sell any of them, you wait until the
market peaks again.
Income Style
This is to buy property with either
cash or interest only mortgages and using the rental income
to subsidise your lifestyle. Again, the benefit of this over
Banks, is that long term, your property will invariably go
up in value, giving you good capital growth.
The added bonus of Spanish Buy to Let is that you can
keep the property available a couple of months a year for
your own enjoyment. There are very few investments that will
enable you to have this combination of quality of life and
monetary gain. |
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Combination Investment
Of course, if your buy to let property is also an 'off plan'
investment, you will benefit in all areas. |
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Securing a low price, two years prior to completion. |
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Paying off the mortgage with rental income. |
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Capital growth; long term property prices historically
going up in value. |
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Using the property for your own holiday and lifestyle
benefits a couple of months a year. |
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Ultimately ending up with property/ies bringing in
income. |
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