Spain Property Investment
Spain economy is one of the most attractive in Europe, having grown 3,2% in 2016, with the Real Estate Market registering a 4.5% rise in prices from the first quarter till date.
Overall the Spanish property market expanded by 14.4% in Q1 of 2017, a large contributing factor is the fast-growing Tourism Industry. Apart from having one of the fastest growing economies in the Eurozone, Spain’s appeal is also supported by the low financing costs, promising rental markets, warm climate, award winning healthcare and convenient flight links.
However, it is easy to overlook certain aspects and fall victim to scams when purchasing a real estate asset internationally, some of these reported cases include:
- Purchasing property that has already been bought by another buyer.
- Deal with brokers that increase the asset price to get higher commissions
- Purchasing properties with illegal or unregistered
- Being promised unrealistic returns from the market for your investment
- Surprised by not being able to develop the sq.m. promised by a broker etc.
With the right research and advice from a reliable Real Estate Consultancy firm, like WIRED Corporation to assist you in finding the best real estate opportunities to benefit you on your investments.
For authentic and unbiased Real Estate advice, please contact us:
Call: U.A.E +971 55 257 1919 or Spain +34 69 440 3199