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How to
Own Your Dream Home in Spain
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by:
Rhiannon Williamson
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Every
year hundreds of thousands of foreign visitors travel to Spain to
delight in the fantastic weather, stunning natural landscapes,
excellent entertainment options and superb Mediterranean beaches. Many
of these people dream of one day owning their own property in Spain, in
fact Spain is now one of the most desirable second home and retirement
destinations in the world.
In the 1960s Spain underwent something of a building boom and earned
itself a reputation for building unsympathetically for the natural
environment. Since then massive effort has been placed in redressing
the balance, fixing the architectural problems and recreating the face
of Spain particularly along the coastal regions known as the Costas.
The most famous Costa is the Costa del Sol and one of the most
beautiful towns in this region is Benalmadena. This town is as famous
for its stunning natural beauty as it is for the wealth of amenities
and opportunities it offers both residents and visitors. It is also an
excellent example of how Spanish property developers and town planners
have saved Spain from architectural decline!
The town of Benalmadena on the Costa del Sol is home to some incredible
and luxury properties that boast everything from swimming pools and
tennis courts, to direct golf course access and access to the water
parks and theme parks of Benalmadena.
The town is one of the most desirable on the Costa del Sol, the Costa
del Sol is the most desirable area of Spain for property, therefore
anyone who purchases a home in the town will be purchasing themselves a
fantastic investment opportunity as well as a dream home in Spain.
Because of the strength, stability and security of the Spanish property
market it is a relatively straight forward process to raise a mortgage
or finance to afford to purchase a home in Spain. Obviously terms and
conditions will depend on a purchaser’s individual financial
circumstances, but some international mortgage lenders are prepared to
consider future rental income from the letting of a property as income
on which they can base the amount they will lend you.
If you dream of owning a dream home in Spain you could consider buying
now, letting the property for part of the year to cover your mortgage
commitments and benefiting in person for the weeks of the year when you
usually holiday abroad.
If you were to purchase property in Benalmadena on the Costa del Sol
for example, you would be buying into one of the most desirable areas
of Spain for holiday lets and purchasing yourself possibly one of the
best returning investment vehicles in property terms globally.
On the one hand the area benefits from a wealth of golf courses,
entertainment parks, perfect beaches and direct access to Malaga
airport for international accessibility making it simple to rent your
property for top dollar weekly returns all year. On the other hand the
area’s attraction means properties available will become scarcer and as
demand surges and supply diminishes the value of your property will
soar!
A true win win situation!
About the Author
Rhiannon Williamson is the publisher of http://www.shelteroffshore.com/
- the online resource for investment property abroad articles, guides
and resources. Click the following link for Spanish
property or moving to Spain articles, guides, resources and
recommended reading
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