Recent reports from the Bank of Spain and the country’s National Statistical Agency (INE) shed light on the rising cost of living, in particular as a result of sharp increases in rents in Spain. The analysis of the Bank of Spain is dedicated to the period 2013-2018. While Spaniards earn only 1.6% more than five...
Spain has 320 sunny days a year, a mild climate, more than 500 clean, and safe Blue Flag beaches, as well as the opportunity to obtain a residence permit when purchasing a home. It has everything for a comfortable living: well-developed infrastructure, hospitality, a favorable business environment, and quality medicine. The price statistics below will...
According to the data of the Spanish real estate portal Fotocasa, over the past year, the secondary real estate market in Spain has risen by an average of 8.4%, which is the highest achievement since 2007. The average cost per square meter in the country is € 1900, which is comparable with 2012 when this...
Three most popular among Russians countries for investment are Spain, Switzerland, and the UK. Why they are favored we’ll try to find out in this article. Spain Mortgages in Spain are available to non-residents. However, if holders of permanent residence can receive a loan of up to 80% of the value of real estate, then...
The boom in the global real estate market continues. Even the countries of Southern Europe, in which housing prices have declined steadily in recent years, begin to show growth. And yet, if you try, you can find resorts with cheap apartments. We present a selection of places where, with a budget of up to €...
According to the report of the Board of Registrars of Spain, the cost of housing in the country for 2018 increased by 8.2% – this is the highest growth rate in the last ten years. Since 2014 property prices in Spain have risen by almost 30%, indicating a rapid recovery of the sector. However, despite...
What is the most visited European city? Is it Paris or Berlin, Madrid or Rome, London or Prague? The citizens of Barcelona came to a belief that the only aim of people from around the globe is to come to their home city. The benefit is as clear as a day: tourism means income for...
Expert opinion by Irina Grenfild, mcmtenerife.com In this article we will tell you about the main types of housing on the island of Tenerife, give examples of prices that will help you choose the most profitable areas in Tenerife for investment. In previous materials, we have already talked about the climate of Tenerife, as well as the...
GREECE Valid from 2013 Investments 250 000 € Real estate Any real estate, including land parcels. Any number of objects. Mortgage Impossible. You need to invest 250 000 € of own funds, and the remaining amount can be issued on credit. Paperwork 1 – 2 months Issued for (valid for) 5 years Residence permit for...
For those who want to avoid paying taxes, Spain is not the best country to choose. The taxation system is strict and the percentage varies according to the region. The penal fines are high so do not try to swindle. Once you have an estate in Spain, you will have to pay several types of...