2 bed, 2 bath Apartment in Barcelona
Barcelona has proven to be one of the most popular destinations this year amongst our investors buying real estate for the Golden Visa in Spain. The vibrant city has a lot to offer and the property market has shown solid signs of growth with both property prices and rental margins increasing.
For those looking for centrally located properties in this fabulous cosmopolitan city, we have a number of different options available.
Please follow this link to view some of our most popular Barcelona real estate options.
3 bedroom luxury villas at Las Colinas Golf Resort
Other locations such as the Costa Blanca have been in high demand too. Investors looking to obtain larger resort style properties will get much for their money in this Region. La Vida have a number of luxury villas to offer on stylish Golf Resort and close by to the coast. To view a selection of properties in the Costa Blanca please follow the link.
It looks set to be an interesting year in 2014 with Spain’s Golden Visa programme now live. There’s disappointment from many of our prospective clients that the investment limit was eventually set at €500,000 and not the €160,000 originally mentioned by the Spanish government. We launched our new website property visas spain to focus purely on properties over €500,000 or combinations of investment properties suitable for gaining the golden visa. The website covers all the key areas in Spain and it’s important for overseas investors to get initial advice as to where to buy and invest in Spain as everyone’s needs are different. Prices vary, types of property vary, climate and lifestyle is very different from cities to coastal regions. Choice will depend on your family, education, the language you speak (English/Spanish), universities, frequency of travel, European connections, business associations etc. Most real estate websites concentrate on their own town/region and international visa agents from your home countries will try to sell the most profitable product for them. So if you are thinking of investing for residency in Spain in the new year make sure you are talking to the right people and get the right independent advice from an international agent with extensive experience that covers all the areas Spain has to offer. Happy New Year!!
Website for Investor Visa Property in Spain.
We have launched a website to help our clients looking specifically for property for the Spanish residency visa. The website covers six areas in Spain applicable for such real estate which is over the qualifying limit of €500,000. However we have also listed portfolio possibilities particularly in Murcia. The visa qualification allows multiple property purchases to make up the qualifying limit. As many of the “super distressed” bargains (sometimes one third the original price!) are lower priced apartments offered by the banks it offers an opportunity for investors looking for capital gain. Of course those seeking a permanent home would be more interested in our selection of villas which we can now offer in the Costa Blanca and Costa del Sol. Visa investors looking for a city home can browse our selection of apartments and houses in Barcelona and Madrid.
See the new website here: Property Visa Spain
Investors waiting for the approval of the legislation should not have too long to wait. It is in parliament currently for approval and our lawyers advise it could be September. Note that the legislation can backdate so anyone buying a property “recently” can apply. We would prefer to see this passed first and know the exact detail but one solution for clients could be our bank reepossesion properties. With these they are minimal deposit eg €1,000 – €3,000 and we can delay completion typically two or three months which should be more than enough time. So anybody keen to visit please get in touch soon. Many of the bank bargains are selling out and prices look to have turned in the last 6-9 months.
The Spanish government yesterday published the new “Emprendedores” or “Entrepreneurs” law. It includes new rules on visas and residency, the so called Golden Visa for Spain. The limit for a residency visa through a property purchase in Spain will be €500,000. The government hopes to have the new law ready by August. It looks ambitous considering it has taken eight months to reach this point but thankfully there seems to be some urgency now in pushing this through. It was published by the official bulletin of the Spanish Parliament. So it can be trusted as an official initiative (the first official document on this law) although changes are still possible. Soon we should be able to offer solutions to clients for Spanish residence visas through the purchase of property in Spain. We will publish more here once our lawyers have had chance to decipher the proposed legislation, hopefully in the coming days. If you haven’t already done so please sign up for our blog and you will be notified as developments happen.
Wealthy Property Investors Looking at Spain
Al Jazeera news video on “Golden Visas” in Spain, Portugal & Ireland.