Real Estate In Spain

Real estate here is dependent on Spain’s locals. Meanig a full recovery and return to growth will come to Madrid more slowly than to the tourism hotspots, like Barcelona.

But when that growth does come, it will be less vulnerable to the ebb and flow of interest from fickle international buyers.

If you’re more interested in the resort towns, the Balearics are where to look. Majorca is the grand dame of the Balearics.

Despite being a hotspot for tourism for so many years, when you know where to look, you’ll find that the 1,405-square-mile island has managed to cling to much of its charm.

The island gets an impressive 8 million visitors a year, mostly during high season. While this renders some beaches extremely busy, it brings some key advantages.

Firstly, the island’s infrastructure is superb. The road network is excellent and the airport is large and extremely well connected, especially for an island of this size.

And while prices are inevitably pushed upwards by the number of visitors, they drop down to the range paid by Spaniards elsewhere in the country when you move towards the center of the island.

A Home In Historic Spain For US$88k

One of the biggest misconceptions North Americans have is that life in Europe is financially out of reach… but
Spain is known for being the most affordable region in Western Europe.

We could debate the best country in Europe on several counts, such as natural beauty, economics, doing business, or investing in properties…

But Spain can’t be matched for lifestyle. With its amazing food and wine culture, laid-back ambiance, and warm weather, you’ll find no other country quite like it.

For instance, Valencia has much to offer expats, including great weather, a friendly community,
Mediterranean beaches, excellent infrastructure and health care, and a safe environment.