Investing in Spanish real estate

Prices forreal estatehave risen strongly since the pandemic. Capital assessment rates rose by 8.5% for the secondary market and over 10% for new builds (under construction). In coastal areas and major cities in Spain, real estate prices have doubled! All in all, real estate prices in Spain have reached new highs!

Rental income is also growing in double digits year-over-year. Long-term leases provide a net yield of 4.5% per annum, while short-term leases (houseson vacation) is much more profitable, providing double-digit returns.

Professional advice:the combination of capital appreciation and soaring rental income translates into a total return of over 10% per year!

Our law firm, Larraín Nesbitt Abogados, has published a detailed (free) guide to buying real estate in Spain. Simply follow the link provided:A guide to buying real estate in Spain.

In conclusion, the Spanish real estate market is poised for double-digit growth next year despite interest rate fluctuations, easily outperforming alternative investments (bonds, commodities, cryptocurrencies, gold, etc.) and paltry fixed income in a context of historically low interest rates.

If you are thinking of buying (or selling), contact us. We have 20 years of experience buying and selling real estate. Our friendly staff can guide you safely through the process.

We offer services such as:

• Transfer of ownership in Spain
• Buying at Larrain Nesbitt Abogados

We have over 20 years of experience buying, selling and renting real estate. We also specialize in taxation, immigration and residence visas.

You can reach us by email at info@larrainnesbitt.com, by phone at (+34) 952 19 22 88 or by filling out our contact form to make an appointment.

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