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“Embrace Spain: Your Path to Ownership and Enriching Living!

Investing in real estate can be the ultimate achievement, a testament to your accomplishments, and a gateway to the life you’ve always dreamed of. And what better place to make your dreams come true than under the Spanish sun? Immerse yourself in a rich culture, treat yourself to delicious gastronomy and bask in the Mediterranean climate that will leave you wanting more.

 

The Spanish real estate market had an exceptional year in 2022, breaking records with 720,000 real estate transactions, according to official figures from the notary office. But even if you don’t intend to move yet, fear not! You can capitalize on your investment by renting your property during peak seasons, when the average rental yield is 10% or more.

 

Spain offers unparalleled ease when it comes to investing. Obtaining a loan can be accomplished in as little as 7 days, which is a testament to the efficiency of the Spanish system. And let’s talk about affordability! Compared to the rest of Europe, Spanish real estate is a bargain, with prices per square meter currently hovering around a surprisingly low level of €1940. Yes, you read that right! And while the square meter may be slightly smaller than other countries like France, the value of your investment is unmatched.

Now we will guide you through the exciting process of becoming a homeowner in Spain:

 

Step 1: Determine your financial space. How much are you willing to invest? What can you afford?

 

Step 2: Find the perfect property that suits your desires. With the help of our expert, we will guide you to the right home, ensuring that your investment meets all your expectations.

 

Step 3: Secure the property of your choice by booking it. For a small fee ranging from 1000 € to 3000 €, you can prohibit any other visit during your cooling-off period. A provisional sales contract (Contracto de Arras) will be signed, cementing your commitment.

 

Step 4: Open a Spanish bank account and get a NIE number. This prestigious identification allows you to enjoy the same legal rights as Spanish citizens, thus consolidating your status as a valued member of the community.

 

Step 5: Complete the last step by transferring the keys to the notary after signing the deed of sale. It’s an exciting time as you officially take possession of your new property!

 

Of course, being a homeowner involves certain expenses. At first, you will encounter costs related to the acquisition process, such as notary fees ranging from 1% to 2% of the property price. In addition, agency fees (paid by the buyer) are usually 2.5% to 5% of the purchase price. Depending on the region, you may also be subject to transfer tax (10% of property value)

Mais ne laissez pas les complexités du processus vous décourager. La solution consiste à confier votre investissement à une agence immobilière réputée comme Ruby Realties. Avec plus d’une décennie d’expérience, la moitié de nos clients viennent de l’étranger et poursuivent leurs investissements en toute confiance, même à distance. Nous excellons dans la gestion de votre propriété, offrant une expertise qui va au-delà de la simple acquisition. Laissez-nous nous occuper des formalités administratives, vous permettant de vous concentrer sur l’excitation de votre investissement. Notre priorité est de réaliser vos rêves.

 

L’Espagne vous accueille à bras ouverts, une étreinte chaleureuse et une population connue pour son hospitalité et son amour pour les touristes. Faites en sorte que votre investissement compte et laissez-nous vous guider vers le summum du succès et de la vie de luxe!

 

Votre investissement. Notre expertise. L’Espagne vous attend !

 

Source:

Investir dans l’immobilier en Espagne : avantages et zones idéales (ctendance.fr)
Achat immobilier Espagne: pourquoi passer par une agence francophone ? (immobiliercostadelsol.fr)

Acheter une propriété en Espagne? Le processus d’achat en 5 étapes. (nardia.es)

IMMO : Devenir propriétaire en Espagne, ce qu’il faut savoir (meretdemeures.com)

Comment acheter une propriété en Espagne : le guide complet (jacheteenespagne.com)

6 Reasons Why Using a Real Estate Agency as a Foreign Tenant is a Good Idea

If you are a foreign tenant looking for a rental property in a new city, engaging the services of a real estate agency can be a great idea. Here’s why:

  1. Local expertise: Real estate agencies have an in-depth knowledge of the area and the local real estate market. They can advise you on the most popular neighborhoods for expatriates, public transportation, and local amenities.

  2. Security: Real estate agencies can help you find a secure and reliable property. They can conduct security checks on landlords and real estate properties, minimizing the risks of fraud or security issues.

  3. Time-saving: Searching for a property in a foreign city can be a long and challenging process, especially if you’re not familiar with the city. Real estate agencies can save you time by finding properties that fit your needs and budget, and organizing visits for you.

  4. Assistance with administrative procedures: Finding a property as a foreigner can be complicated due to differences in laws and regulations. Real estate agencies can help you navigate administrative formalities such as signing the lease agreement, deposits, and security deposits.

  5. Help in negotiating lease terms: Real estate agencies can assist you in negotiating lease terms such as rent, payment dates, and cancellation conditions.

  6. Support after hiring: Real estate agencies can offer ongoing support after the lease, such as assistance with repairs and maintenance issues.


    In summary, engaging the services of a real estate agency as a foreign tenant can save you time, energy, and offer the expertise you need to find a safe and reliable rental property in a foreign city.
    Contact Ruby Realties for help you +34 937 975 602 / [email protected]

 

Spain’s Real Estate Laws: Security for Investors

Spain is a popular choice for real estate investors worldwide. With pleasant weather, rich culture, and a steadily growing economy, it is no surprise that many investors have chosen to purchase property in this country.

However, investing in real estate can be risky, especially if one is not familiar with local laws and regulations. Fortunately, Spain has a system of laws and regulations that protect real estate investors.

Here is an overview of the laws and regulations that offer security to real estate investors in Spain.

The Law on Real Estate Transactions
Spain’s law on real estate transactions, or Ley de Ordenación de la Edificación, establishes minimum standards for the construction and sale of real estate. The law requires real estate developers to provide a financial guarantee for deposits made by buyers and for damages caused by construction defects.

Consumer Protection Laws
In Spain, consumers are protected by several laws that apply to real estate transactions. Real estate developers are required to provide accurate information about properties, including dimensions, location, and property features. They must also provide an energy rating for the property and inform buyers of the operating costs of the property.

Laws on Property Rentals
Real estate investors in Spain can also be assured by laws protecting the rights of tenants. Landlords are required to provide clear and precise rental contracts that describe the terms and conditions of the rental. Tenants also have rights to protect their safety and health, as well as to ensure the confidentiality of their privacy.

Regulations on Foreigners and Investors
In Spain, foreigners who wish to purchase property must obtain a tax identification number (NIF). Foreign investors are also subject to restrictions on property ownership in certain areas. However, most foreign investors are allowed to purchase property in most regions of Spain.

In conclusion, Spain has strong laws and regulations to protect real estate investors. Investors can have confidence in the Spanish legal system and be assured that their investments are secure. It is always recommended to consult a lawyer specializing in real estate law before purchasing property in Spain to ensure that all applicable laws and regulations are understood.

Contact Ruby Realties +34 937 975 602 / [email protected]