More and more Swedes have started to make big money on residential investments in Spain. This applies to both the purchase of smaller apartments and larger commercial listing . We have helped to identify and implement everything from the purchase of individual smaller apartments for rental to the purchase of hotels and the purchase of land and subsequent production of several apartments (our largest project was 48 apartments on the coast at Nerja, which sold out in record time) with all that it entails in terms of piloting the project through the authorities for granting a license, architectural drawings of the homes, selection of the developer, sales, etc.
Housing prices have increased since the crisis years, but have not yet reached the levels of 2007 (on average prices fell by over 40%). Most analysts also believe that prices, as they did in Sweden after the housing crisis in the 1990s, will increase for many years to come.
However, many areas in Spain are not recommended for a residential investment due to restrictions, rampant price increases, etc. Read our comprehensive article that goes through most of what it takes to invest in a home in Spain.
9 out of 10 investors are looking to Nerja on Costa del Sol, which has skyrocketed in terms of both sales and rentals (rentals were strong even during the worst crisis years in this area). Our rental business in Nerja has an occupancy rate of over 42 weeks a year. Read more about NerjaHowever, the housing market in Nerja is thinning out and we believe that nearby Costa Tropical is the logical alternative for a future investment. Rental rates are growing in this area while prices have increased at a slower rate. However, it must be emphasized that here and now Nerja is still the place that is primarily recommended. There are several good opportunities in this city for an investment for a few more years.
In addition, Malaga city an area that is becoming increasingly interesting for investors. Write to us for more information on the opportunities available in this fast-growing metropolis. Prices per square meter are still around €1000 cheaper than nearby Marbella, with the potential to rise faster. The rental market is also more flexible in the right areas of Malaga, with everything from staffing agencies to doctors and business executives etc. always looking for accommodation to rent, regardless of the economic situation.
Why choose spanskafastigheter.se for a residential investment in Spain?
We handle everything throughout the entire process, both before and after purchases, large and small.
This means, among other things, that:
- find an investment with actual figures as a basis
- legal assistance from local, experienced lawyers who know the market and ensure that all paperwork and licenses are in order, and who know the process of getting the building permit through locally, which is a major obstacle if not done correctly
- to be guided step by step through the entire purchase process to signing the title deed
- We also collaborate at the highest management level at major Spanish banks regarding loans to individual buyers and bank guarantees for larger projects (everything from smaller apartments to resort , and large plots )
- as well as other services/infrastructure that are necessary, such as an independent certified public accountant with experience in larger projects, a rental company with established clients (since 2012), your own cleaning company (to keep costs down), a professional photographer/drone, etc., etc.
- info@spanskafastigheter.se
Read also:
Commercial properties such as B&Bs and hotels for sale in Spain
New development overview on Costa del Sol
info@spanskafastigheter.se