
And not only Russian citizens understand - both the French and the British buy real estate in Spain, and recently the Danes, Norwegians, and Swedes. The most common purchases in Spain are houses, villas, apartments. Houses and apartments are usually rented, but sometimes used to live during vacation, and the villa is a kind of reflection of the status of its owner. In addition, the purchase of real estate in Spain can contribute to further obtaining citizenship, and this is interesting primarily to those who want to leave their country forever. Incidentally, Spain enters the top ten countries with the highest level of living standards. Spanish legislation provides tourists who want to do business, buy real estate in the country, and the opportunity to purchase a Schengen visa, which lasts six months. In Spain, it is quite possible to engage in investments, and the country's banks are very loyal to foreign citizens who want to take a mortgage.
One of the best options to buy real estate in Spain - the coast of Valencia, next to the resorts of Costa Blanco and Costa del Valencia located there, which can boast of what is included in the top three in demand and optimal price. But, acquiring housing in this area, it should be remembered that this is a resort town, and here it is always noisy and traffic jams. More expensive housing can be purchased in Catalonia, also with the presence of several good resorts. The rich cultural heritage of the city of Barcelona, which is very close, also adds attractiveness. A large number of Russians living in this territory can be seen in the south of Andalusia - Malaga, Marbella. The highest prices can be found when buying villas in Costa Brava - the favorite resort of the rich Russians in Catalonia. This resort is very popular due to the proximity of the azure bank.
A good option would be to buy an apartment in the cities of Spain, with the aim of renting them or living for children sent to Spain to study. But, despite the high prices, apartments on the coast are especially popular. The Canary Islands, in which, except for pleasure, you can make good money, due to the availability of tax benefits, will be an ideal choice for the rest and calm people. VAT in the Canary Islands is only 5%, and meanwhile in Spain - 35%. For doing business, the island of Tenerife is best suited, where stable optimal prices are observed. The coast of the south of the island is in great demand, and Las Palmas is popular in the north.
An elite area for a calm life and a sense of fullness of life is the islands of Ibiza and Mallorca. Mallorca has the highest level of life for Spain, and many Hollywood celebrities live here. Of course, you should pay for the elite, and very many - you can buy an apartment from 250 thousand euros, and the villa is from 600 thousand euros.
Real estate prices in Spain are growing steadily recently, and therefore the payback of the contribution of money to real estate in Spain is very profitable and fast.