Buying property in Spain: the pitfalls and risks

Buy property in Spain – is easy enough to have the desire and money. But often, buying a house in this country, people are allowed many mistakes that the result is not easy to fix.

Not all, the gold…

People who have money, usually want to buy the larger and luxury house in close proximity to the sea and in the popular region of Spain. But such a property in Spain pitfalls has the following:

  • it is extremely expensive;
  • big house harder to sell and to rent;
  • if the beach is very close – it appears negatively on the condition of the house and delivers extra cleaning.

do Not seek to buy a house in the most popular provinces or Islands of Spain. Believe me, the house in Barcelona will not be anything worse from housing in Ibiza. Remember that the best for delivery and housing for you will be a small house close to the sea but not the beach somewhere on the Costa Blanca (this is the budget and one of the most beautiful areas of the country).

Miser pays twice

            If you decide to buy a house in Spain on their own and not go to real estate companies or professionals, and ask around with friends and ask them for support, you will not save. You will overpay. First, if you turn to a specialist firm, it and housing the right you will find, and for making and interpreters of money does not require. All this is already included in the amount of services. And believe me, it is save and convenient. To arrange the whole package, you need to pay at least 3000 euros. Think, is it worth it? Secondly, if you go to dubious friends, not to professionals, there is a risk of poor quality housing or to make a deal badly. Elementary, you may lose money and housing.  Trust, property in Spain has pitfalls are that you do not even know. And the only people not working in this field, you will be able to help you. And besides, if you talk to your friends, then you have nothing to prove. So – professionals – and safe and cheaper.

Buy the cabin – get citizenship

            don't look for the cheapest apartment or home! It could be a flat in a terrible state and you will spend more than it costs itself. Or house problems, in the form of debt or something like that. The most sensible option for the purchase of housing in Spain, housing is an average price. In addition, remember that buying an apartment does not give you the right to become a citizen of Spain or to obtain a residence permit. You can get special “Golden visa" only if your house is worth more than 500,000 euros. And, believe me, not everyone. And by the way, if you are offered together with inexpensive apartment, say for 30,000 euros, and to obtain a residence permit in Spain – from the mediator better stay away. Rather, it is a fraud. Of course, buying a home in Spain gives you a lot of privileges, but it will not make you a citizen of this country, but only will help to apply for a visa or to simplify some procedures.

            Intending to become a property owner in Spain weigh the pros and cons. And only then, make your choice. Good luck with this!

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