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We are currently seeing a resurgence in the Spanish property market. The data around mortgage approvals confirms this and leads us to be optimistic. Furthermore, certain cities and tourist areas are looking particularly dynamic in both residential and commercial sectors.
Before you invest in Spanish property you should analyse and plan around these considerations:
Financial – your expected return on investment, and the financial resources you need and how to get them.
Legal – advice is essential to minimise your risk and understand all the costs involved.
Here are ten areas you should understand when investing in Spanish property.
Guest Blog by: Jaime J. Navarro - a partner in Navarro Llima Abogados S.L., Zaragoza.
(First published Russell Bedford, Business-World, September 2017)
Posted 1st December 2017
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