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Property for sale in Spain

1/ Capital: Madrid

 

Is the capital and largest city of Spain. It is the third-most populous municipality in the European Union after London and Berlin, and the fourth-most populous urban area in the European Union after Paris, London, and the Ruhr Area.

 

 

2/ Country: Spain

 

Is a country located in southwestern Europe on the Iberian Peninsula. Its mainland is bordered to the south and east by the Mediterranean Sea except for a small land boundary with Gibraltar; to the north by France, Andorra, and the Bay of Biscay; and to the west by the Atlantic Ocean and Portugal.

 

3/ Property for sale in Spain

 

Although the property market in Spain has slowed down it can still be a very profitable long term investment to buy Spanish Property.

The difference is that no longer is it a short term investment where you can buy off plan and be assured to sell it before completion. However for long term investment (min 5 years) off plan property for sale in Spain is still a very attractive option and can leave you with the benefit of having a nice property at your disposal or getting an extra income for renting it out.

With the end of the property boom, demand no longer exceeds supply and prices have stopped skyrocketing.

This means that property for sale in Spain is no longer selling like hotcakes, and many developers have adjusted to changing circumstances by offering some truly unheard-of deals to stimulate demand.

It is still possible to re-sale before completion and earn a very profitable return on the investment but a safer way of investing in off plan property is to think long-term.

Due to the slow down in the market it now takes longer to sell a property for sale in Spain and some private investors have had difficulties getting their investments sold at the right moment. Is therefore recommend only investing in off plan property if you are able or willing to go through with the full purchase of the property for sale in case you are not able to sell before the completion.

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