Real Estate in Costa del Maresme

To Buy or Not to Buy Real Estate in Spain - That Is the Question

Spain is one of the countries where you can invest your savings in real estate profitably. The return on such an investment can range from 5% to 15% annually. If approached wisely, this can lead to a successful business venture, significantly multiplying your capital. One of the most promising regions in Spain for real estate investment is the Costa del Maresme. This coastline, located between the Costa Brava and Barcelona, is beloved by foreign tourists, making the demand for housing here consistently high.

Why Investing in Spanish Real Estate is Profitable

There are three main reasons why investments in this country offer high returns:

• Popularity of Spanish resorts among foreign tourists.
• The opportunity to generate income from your investment in a short period.
• Economically advantageous conditions for doing business.

When purchasing real estate in Costa del Maresme, every investor has the opportunity to rent it out. The cost of residential or commercial properties can be recouped in a few years while providing income to the owner. For example, if you purchase apartments, their maintenance won't be too expensive, and they will start generating income almost immediately. Speaking of townhouses, they combine apartment and private house features, allowing multiple families to reside simultaneously. This significantly shortens the return on investment period. Many investors prefer investing in commercial real estate, such as office spaces, warehouses, retail properties, and hotel complexes. These options are more suitable for individuals with business management skills. Over time, owning such properties can help establish a large network of stores, hotels, or long-term rental spaces. The starting price for investment properties typically begins at around 80,000 euros. Such options are the most popular in the real estate market. You can purchase any type of property either in cash or through a mortgage. The only requirement is a mandatory down payment of 50% of the purchase price. Italian banks readily engage in transactions with foreign investors. Therefore, with around 40,000 euros available, you can become a property owner in Costa del Maresme or any other region of Spain with minimal effort. Buying a hotel will be slightly more expensive, with starting prices ranging from 4 to 5 million euros. However, the profitability of such real estate will be much higher. For instance, while office or warehouse spaces may yield 6-7% annually, hotel businesses can generate 8-10%.

How to Choose an Investment Property

When it comes to buying real estate or any other property, it's essential always to be cautious. Large transactions come with significant risks. Therefore, it's better to entrust property selection and all related paperwork to trusted professionals. One such company is the international firm Hayat Estate. This agency has been successfully operating in the real estate market since 2012. Over the years, it has served numerous investors and individuals dreaming of owning cozy homes abroad. One of the advantages of Hayat Estate is its direct collaboration with developers, eliminating the need for clients to pay a commission and making the agency's services free. Additionally, the agency provides assistance with property rentals.