Four Suggestions on Real Estate Investment in Spain

Now the real estate market in Europe is booming, and Spain is also a remarkable immigrant country in recent years, so many investors also come to Spain to buy houses. I also put together four suggestions for real estate investment in Spain.

Suggestion 1. If you have decided to enter the housing market, do not hesitate.

If you have a clear idea and sufficient funds, then you should put the purchase on the agenda as soon as possible. 20 17 the latest statistical results of Spanish housing prices in the second quarter were released: the average increase in Madrid, the capital10.8%; The increase in Barcelona, a popular area, was three times that of Madrid, and the highest house price soared by 36%. 20 17 house prices will continue to rise in the second half of the year.

Recommendation 2: Study the return on investment.

The vice president of a real estate agent in Spain said: "At present, there are still some areas in the market where housing prices are reasonable after the economic crisis, especially those areas where housing rents are considerable." How to judge whether the purchased property is a successful investment? He suggested that if you spend100000 euros to buy an apartment, the rent can reach 500 euros/month after renting. Then a property with a price of150,000 euros should be put on the market at a price of 700 euros/month. If you spend 200,000 euros to buy a house, but the rent can only be set at 500 euros, then it is self-evident which investment is good.

Suggestion 3: Choose a professional house and decide by intuition.

What kind of house to choose is generally closely related to our housing demand, personal situation, budget, degree of discrimination, work and family needs (such as children's enrollment) and other factors. Even so, there is no need to go crazy looking for a house that fully meets the above factors. Sometimes when you walk into a house, you know that this is what you are looking for. JesúsDuque, a real estate agent, said based on his years of experience, "The more houses you see, the better. Ten houses can fully meet the demand. "

Mr Encina added: "Sometimes the perfect house doesn't exist. In reality, we need to reduce some other needs to meet the most important needs: when you choose a house, there are always three most important factors: location, price and area. When you are lucky, you may encounter two sets of houses that you are satisfied with. " For example, if you want to buy a house in Huertas (near the bustling commercial pedestrian street in the center of Madrid), you must give up the idea of buying a big house.

Recommendation 4. New house, second-hand house or planned real estate?

Different types of houses have different characteristics. Generally speaking, the quality of new houses is good, but it should also be noted that some big cities, such as Madrid, are basically saturated with urban space, and new houses are often located in remote towns in the suburbs.

At the same time, second-hand houses are often located in cities, and many of them are located in commercial areas with strong rental demand, so there is a large profit margin. Javier Martínez, manager of AEGI, said: "There is a lot of room for return on investment in high-quality areas where prices continue to rise." .

If you are interested in the planned property-that is, you have not started construction yet, then you must be cautious. Spanish real estate registration staff will remind buyers in their "Guide to Buying a House in Spain" that before signing a planned real estate or paying a deposit, they must first review the qualifications of the developer, or ask the developer to deposit the house money into the guarantee account of the bank until the developer delivers the house.