INVESTMENTS IN REAL ESTATE OF SPAIN
Spain is a country of fabulous prospects. Investments in it are reliable and profitable. With the right choice of investment object, the annual profit may be 7-24%. By choosing the liquid assets of GBH Smart Investment, you can already make a tangible profit in the first year.
REASONS FOR INVESTMENT IN REAL ESTATE OF SPAIN
Before making a decision, it is worth deciding on the goals and objectives. The reasons for investing in real estate are: high liquidity of projects and one hundred percent profit; kingdom popularity in the international arena; favorable conditions for the development of small and medium-sized businesses. An equally popular type of investment is the rental of real estate. With an average cost per square meter of € 2700 or more, the price of housing ranges from € 30,000-35,000. Monthly rent is € 450-600, which depends on the popularity of the region. Taking into account the expenditure of the project, the lessor’s net income is € 4,000. It turns out that purchased upon arrival In Spain, an apartment or house will pay for itself in 10 years. Given the rising cost per square meter, this will happen a couple of years earlier.
SPAIN – A COUNTRY WHERE YOU CAN MAKE EARNINGS BY INVESTING IN REAL ESTATE
Housing located in popular resorts has maximum attractiveness. The benefits of an investment depend on the right choice of options. Conventionally, they can be divided into 2 types: real estate in the Mediterranean region – buildings cover most of (Barcelona, Costa Dorada, Costa Brava, Costa Blanca, Costa del Sol), business profitability is 5%; real estate in the Canary Islands and the Balearic Islands – the annual profit from renting apartments can be 15%, the best option for buying real estate is Tenerife. Get our competent advice, help in selecting real estate for investment will help our company. We always have a couple of advantageous offers in stock.
WHAT IS THE BEST REAL ESTATE FOR INVESTMENT IN THE KINGDOM?
The stability depends on the chosen type of real estate. income and quick achievement of goals. From the point of view of experts, you need to opt for real estate of average value. Cost-effective options are: apartments – housing is easy to maintain, pays off quickly; townhouses – combine the advantages of a detached house and apartment; they differ from the previous version in the freedom of space and a high level of comfort (the maintenance of the room does not require huge expenses). Regardless of the goals of investing in real estate, we are ready to cooperate with tenants. In accordance with the stated requirements, we are ready to offer optimal solutions to the problem.
INVESTMENTS IN COMMERCIAL REAL ESTATE
Commercial real estate refers to offices, retail, administrative premises and warehouses. Leasing is considered promising for people who know a lot about small and medium-sized businesses. Depending on the destination, the areas are divided into free (private) and public. Compared to the second option, the first is considered more expensive. Renting a state property at a budget cost does not work, because you are not a citizen of Spain. Therefore, the only option for investing in commercial real estate is vacant space.
BUSINESS PAYBACK TIME FOR FOREIGNERS
The cost of commercial real estate for subsequent lease starts from € 100-150 thousand. Housing is in demand in the services market and disperses quickly. The purchase of real estate by mortgage requires you to pay half of the required amount. A profitable lending system allows you to find the right amount without delay. Payback of real estate begins immediately, after the rental of housing. The experience of foreign and local investors shows that the rental of real estate in the area of Sunny or Gold Coast covers the cost of maintenance and mortgage loans during the year. The profitability of the project is 10% or more.
ANNUAL PROJECT PROFITABILITY
Profitability from rental property is slightly higher than European: housing in the resort area – from 7.5% to 13% of annual profitability; office and storage facilities – 5-6%; real estate for student accommodation – 7-8%
INVESTMENT IN REAL ESTATE – PROFESSIONAL HELP
Spain – a country that occupies a leading position in the investment segment. Predictive data of experts confirm the stability of the business and the security of the future of investors. Today, real estate investment is a quick and sure way to get rich. Do not know where to start, where to get the money and how much they need? Professional consultation of specialists GBH Smart Investment will help with the selection of objects, the conclusion of transactions and legal support.