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.
Real estate for everybody or what we can expect in Spain.
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.
Advantageous mortgage or the chance for foreigners to buy the property in Spain.
While the financial crisis has paralyzed the global banking system. And banks are exerting every effort to return the granted loans. And there is no question to receive the loan, banks have stopped lending completely. The Spanish Gouvernment has done everything possible to revive the property market, and make the purchasing process simple and convenient.
Today anyone can buy property in the resort of Spain for cash or the mortgage. Hearing the mortgage, our people run skin crawl. But a Spanish mortgage is very different from the usual. First of all terms of registration, interest and maturing.
- Spanish banks provide foreigners 50-60% of property value by 3% per annum. Differs significantly from our 17-27%.
- The maximum maturity is 25 years with the possibility of early repayment
- Pay just 10% and the bank begins preparing the credit registration.
And in order to receive the loan, it’s not necessary to run to the all instances and collect hundreds of useless papers. You need provide 4 documents:
1. NIE (the unique number of foreigner).
2. Certificate of employment with the information about length, position and salary preferably write the salary, in which the monthly fee for the loan won’t exceed more than 30%).
3. Form 2NDFL
4. Movement in bank accounts for the last 3 - 6 months.
If the customer is an entrepreneur, he must provide the latest income certificate.
Reading this information, begin to think, that it’s better to buy the qualitative and comfortable property in Spain than buy the flat in the noisy, dirty city and that invest such sum to start live there.
If you are interested in this information, you can always visit the most visited real estate portal in Spain. And choose one from the 130,000 aded exactly what you like. And if suddenly you won’t find anything suitable for yourself, you can always leave a request and within 3 days the agents will find exactly what you dream about!
How to find and buy real estate without any agencies for 5 minutes.
In my journal I always tell you about real estate in Spain, how to buy it, to choose it. Today I want to tell you how to ease it if you don’t know anything about Spain but dream to have the estate on the coast of Spain.
The new service “search by map”is available on our portal Top-Casa. It’s never been so easy and so quickly to find the accommodation. Even if you don’t know Spain, and where you want to purchase the villa. But you exactly know that you want to have the villa on the Mediterranean coast. It enough to click on the map where you want to buy the property and you’ll be offered all the proposals, existing in this province. If you like someone just make the online application, and in some days your dream will come true. You will be the owner of the villa on the sea shore. The agents of the company will make everything for you. Even it is not necessary you to come to Spain to sign or register the property, only give some papers.
All that you’re required is to enjoy your purchase, impressing nature and mild climate of Spain.
It’ s very convenient and fast way to find your estate. Don’t waste your time for searching the agencies and their senseless promises. Their main goal is to earn as much money as possible. And you’ll have to pay for it. Better enjoy your life and free time, spend it with your family in your new purchase.
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