Real estate for everybody or what we can expect in Spain.
The Government of Spain has taken absolutely all attempts to give new breath to the real estate market and return it to the level of 2008. Accepted, perhaps, the most loyal laws in Europe regarding the real estate, banks lower mortgage rate from 6 to 3%, the procedure for obtaining credit for the purchase of housing has never been so easy. Even the service involved in processing transactions donated part of their fee and everything is to revive the property market and return to Spain the status of pearls.
Now, because of the huge supply market of Spain can offer property for every taste and every budget. It will satisfy even the most discerning buyer.
Real Estate Portal Top-Casa, as one of the major players in this real estate market, has decided to clarify the situation and give an idea of what you can get for your money in Spain.
We’ll try to characterize the prices in the major segments.
1. The most expensive house.
The most expensive property can be called the luxury villa in the Balearic Islands (Islas Baleares) executed in the style of 18th century cost €18 million. The house has 10 bedrooms and 3ha area.
2. The most expensive apartment.
If you want to sell the flat quickly, it certainly should attract the buyers by status, conditions, and of course price. Undoubtedly the most expensive apartment provided by Top-Casa, is flat in the prestigious district of Barcelona worth €4.5 million. With its impressive size of 421m2, it will emphasize the status of any businessman.
3. The cheapest house you can buy, costs from €145 000 on Tenerife La Matanza. The house is equipped by everything necessary and satisfy European standards.
4. If your budget is limited, but you are trying to solve the problem of housing, you can have just €45 000to become the owner of the apartment in Torevieha, Alicante. This is small but very comfortable apartment, with 35m2. It’s suitable for young family.
5. Rent.
The price range varies from €32 000 per month in the most prestigious district of Barcelona and €350 on Tenerife. Therefore, even students can afford to rest in Spain and rent the small flat.
Prices for Spanish property are impressive, but comparing with Moscow's prices, they really correspond with "price-quality” ratio. The real estate market of Spain offers high-quality real estate for the loyal prices. So, everyone can find exactly what he needs and what corresponds to his purse.
In conclusion, the real estate portal Top-Casa is not the speculative organization, therefore it gives the reasonable estimate of the real estate market and shows exact prices, represented by the owners.
Spanish real estate market booming.
On the conference minister of the Spanish Government, Beatriz Corredor told that now it’s the best time to buy real estate.
Is this so? Is it the best time to purchase real estate now? Minister Beatriz Corredor argues that it’s so, though, her predecessor, Maria Antonia Trujillo says the opposite. Earlier she was in solidarity with Beatrice and said the same. Who is right?
In her interview to «El Pais» Beatriz Corredor said that now is the best time to buy housing in Spain. "We have the huge choice of real estate, interest rates are reduced to the minimum, and the procedure for registration of the mortgage is easy now. Tax and financial situation is such that now it’s the best time to buy. Although, this question was concerned with houses, not resort estate. This caused excitement among the public and potential investors. The real estate market has reached its bottom and shows the clear trend of growth. It is demonstrated by the gradual increase in prices.
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