Purchasing a house or apartment in Costa del Sol, Spain
Investing in property in Spain has become very popular.There is no shortage of real estate agents in Spain but make sure you deal with a reputable one. There is a very wide selection of standards, from farmhouses (fincas) and plots through to luxury villas, townhouses and flats. Due to low European interest rates, this is a great time to consider Spanish real estate. Tourism is a huge part of the Spanish economy and this is reflected in the investment in this industry. The country has a pleasant, healthy climate and in recent years the local authorities have made great efforts to increase the number foreign tourists and residents.
Prior to buying a property you should take a look at the different areas then view your favourites before making a final decision. To play it safe you could also rent a property for a few months in that area first.
A checklist to get the most out of foreign property deals:
-> Have a builder or architect evaluate the integrity of the property.
-> Have your solicitor check outstanding debts on the property before parting with any money
-> Talk to your...
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