ANDALUCIA PROPERTY INVESTMENT

The Professionals' Choice

Why Invest in Andalucía?

The simple answer is you shouldn’t, well not without expert and professional advice from Spanish hot properties first because with so many investments to choose from some of which may never complete it makes sense to get professional advice from people here on the ground in Andalucia.

The picturesque mountain village Ronda, favoured by eminent figures such as Rilke, Hemingway and Orson Welles.

To address the positive points people want to live or spend time here. If you buy a property for your own use you will come to realise this, as a never-ending stream of relatives and friends rush to visit you.

What many of the thousands who buy here every year have in common is the desire for a better quality of life.
The infrastructure of services and amenities is well established in Southern Spain and adapting to life here is not too daunting for most. As part of the EU  and there improving all the time with a huge 400m Euro plus development of Malaga Airport making it the third international Airport of Spain bringing more and more visitors and new residents to Spain.  With the advent of cheap flights, the internet and new communication networks more & more people from all over the rest of Europe are moving here permanently to live.

Buying New Developments Off-Plan

Buying Spanish property off-plan means reserving a property as much as two years before building is due to be completed and often before a single brick has been laid. The advantage to you, the investor, is that you secure the property at a discounted price, well below the market rate - and as the property is built, its value increases.  However there are some serious pitfalls that Spanish Hot Properties can help you the investor avoid.  The first golden rule is never touch a property investment that does not have a Building License or Bank Guarantee.  If an Off Plan doesn’t have this then Spanish Hot Properties will not touch it, in fact Spanish Hot Properties make sure that all such requirement our in place before recommending them to there clients.

Only a percentage of the price needs to be invested in order to secure your off-plan property. This is usually 20 – 30 % of the total price and is paid in instalments. The balance becomes due upon completion of the property when ownership is signed over to you.

The Two Types Of Investment In Andalucia
There are two types of investment property for sale here in Spain buying Spanish property off plan with a view to selling before completion where returns of up to 100% on capital have been achieved or what in the UK is referred to as residential Property Investment where properties are bought with a view to being let out giving the owner income as well as capital growth.

Economic Factors

Sotogrande, Cádiz
The Cortijos de la Reserva development is situated right on the La Reserva golf course.

Desert Springs, Almanzora, Almería
Interesting property developments around Europe's only desert golf course.

• Lost confidence in the stock market. More and more people are disillusioned with their poorly performing pension and savings plans, PEPs and stock investments which continue to fall in value daily. Their number one priority has now become the search for opportunities that can give a satisfying return on their investment.
• Spain still offers value for money and excellent returns. The market remains buoyant and there is little sign of change for the foreseeable future. Despite a slight slowdown, construction continues relentlessly. Bought in the right location, property remains the favourite form of investment.
• Off-plan purchases are a popular investment option for those in the know. You can avoid the full cost of paying for the property by paying in installments and selling the property on for a much higher price prior to project completion. Vast profits continue to be made with shrewd off-plan investment.
• A large flourishing rental market is offered in Spain and investment in a property with good rental potential can achieve excellent returns. Spain is a top choice for tourists who enjoy a variety of self-catering accommodation, apartments and private villas. Get it right, and you could rent your property out for six months of the year to cover costs and have it for your own use, free of charge, for the rest of the year.
• Young investors can afford to buy in Spain. There is a new trend emerging amongst the young under 30s British to get their first step onto the property ladder abroad as they can ill afford to do so in the UK. According to a recent survey by Atlas International, Spain is the number one their list.
• Rising prices seem set to continue for the foreseeable future, in both the popular coastal resorts as well as in easily accessible inland regions. Spain has a stable and mature property market, while prices have risen by 48% in the past three years. Experts predict that prices will continue to rise, albeit at a slower pace than in recent years.
• The Costa del Sol is the prime investment area with good quality investment properties for sale and  being the most popular tourist area. Prices remain relatively high on both  but due to huge demand, you could be sitting on a goldmine in the long-term.
• Buying in Spain is a well-trodden path. There is plenty of expert, readily available advice on the subject and provided you use a good, independent lawyer, your purchase should be trouble-free.

Interested in investing in Andalucía? Then complete the online registration form today and receive your free Spanish Buyer and Information Guide.

Alternatively, just call us on 0207 558 8355 or +34 664 268 809 in Spain. Also, why not join our Investor Club with the great benefits it brings - don't delay, join today!