by Tripinvest UK
Why Invest in Spain?
Spain’s real estate market has been generating a lot of interest among international investors lately. But is Spain a good market to invest? The answer is a resounding yes, and here’s why. Spain’s property prices have been on an upward trajectory, making it an excellent arena for long-term investment.
The Power of Off-Plan Properties
The question that naturally arises is – what is the best way to invest in Spain? Among the various options, investing in properties, especially off-plan properties, holds the promise of impressive returns. Off-plan properties are those sold before or during construction. The advantage? Once the property is built, it can be sold for up to 20-30% profit, or even higher, depending on the location and other factors. Additionally, investors might consider holding onto their off-plan properties post-construction, thereby creating a passive income from rental.
The Charms of Calpe
Consider this beautiful modern apartment located in Calpe, in close proximity to the beach. Not only does it promise a fabulous lifestyle with its spectacular views and nearby attractions, but it also presents a profitable investment opportunity due to Calpe’s growing popularity among tourists. You can check out more details about this apartment here.
High Returns with Spanish Property
Is Spain a good place to invest in property? Absolutely. Beyond the potential for capital appreciation, properties in Spain, particularly in tourist hotspots like Calpe, offer rental yields of up to 10%. This means that your second home could serve as a lucrative holiday rental when you’re not using it.
Tackling Inflation
Inflation is another critical factor to consider while making investment decisions. According to data from the Bank of Spain from November 2022, the real estate sector offered an 11% return on investment, making it an effective way to tackle inflation.
How Tripinvest UK Can Help
A key concern for international investors might be the intricacies of investing in a foreign country. That’s where Tripinvest UK comes in. We can assist you in finding the right property, securing a mortgage for your dream investment, handling all the paperwork, and even obtaining an NIE number for property investment in Spain.
The Benefits of the Digital Nomad Visa
It’s worth noting that British citizens do not need a visa to invest in Spanish property. They can stay without a residence permit in Spain for up to 90 days within a 180-day period. For those who wish to stay longer or even relocate to Spain to work remotely with companies outside the country, Spain offers the digital nomad visa and the digital nomad residency permit.
Conclusion
In conclusion, investing in the Spanish real estate market can offer numerous benefits, from attractive returns to an enriching lifestyle. And with Tripinvest UK by your side, the process becomes simpler and more convenient. Contact us today and take the first step towards making your Spanish property dream a reality.
