Buying Investment Property in Spain

If you have some money to spare, the Spanish property market can still be a good place to invest, and here's why:

• The long term rentals market in Spain is stronger than ever, as potential buyers and mortgage lenders become more cautious
• There are bargains out there. The Spanish property market has been very slow for a long time which means that desperate sellers are prepared to accept lower offers.
• Credit crunch or no credit crunch, Spain will still be the top tourist destination for Brits for years to come.

Buying to let in Spain

Although the market for holiday rentals on the Costa Blanca is not as strong as it was, the market for long term rentals is very healthy. Rents for long term rentals are lower, but advertising, cleaning and even maintenance costs are much lower which means that buy to let in Spain can still be a sound investment oppotunity.

Each year Rental Investors can expect to earn around 5-7% of the property's market value in rent, and if you buy in the right place, the property itself is likely to rise in value in the long term.

Managing your property

We recommend Finco Home Services: Property Management
Finco offer complete property management services, including advertisements for your property rentals.

If you decide to manage your own property, or if you have a friendly neighbour who is willing to be the key-holder, then you can advertise online, for example on Spanish Holidays Direct