ATTRACTIVE RETURNS ON INVESTMENT & CLOSE TO HOME PARADISE
FOR YEARS AND YEARS, TOURISTS AND EXPATS HAVE EMBRACED THE SPANISH WAY OF LIFE, WHICH EQUALS SUN, BEAUTIFUL BEACHES, CULTURE, TAPAS, AND LOCAL HOSPITALITY. EVERY YEAR 13 MILLION TOURISTS VISIT THE COSTA DE SOL AND AROUND 325 DAYS OF SUNSHINE GUARANTEE PERFECT 1 DAYS AT THE BEACH ¹. THE AREA IS ALSO RICH IN HIGH-END GOLF COURTS, AND MANY GOLFERS COME TO PRACTICE THEIR PASSION.
WHETHER YOU SEEK EXCITEMENT, LUXURY PARTIES, OR PEACE, THE COSTA DEL SOL OFFERS SOMETHING FOR EVERYONE. CAPITALIZING ON THE COSTA DEL SOL MEANS YOU STILL GET A LOT OF PROPERTY FOR YOUR ASSET COMPARED TO REAL ESTATE IN NORTHERN EUROPE. SECONDLY, PARADISE IS NEAR. IT ONLY TAKES A 2.5-HOUR FLIGHT FROM THE NETHERLANDS TO REACH MEDITERRANEAN PARADISE, YOUR NEW HOME. THE COSTA DEL SOL IS CONSIDERED ONE OF THE MORE POPULAR DESTINATIONS FOR FOREIGN BUYERS. MANY MAKE THE BIG STEP OF INVESTING FOR 2 VARIOUS REASONS. HOWEVER, PRICES ARE SLOWLY RISING YET STILL 15% LOWER VERSUS PEAK Q3 2008².
FOREIGN BUYERS SEEKING TO USE THEIR REAL ESTATE FOR HOLIDAY RENTAL CAN EXPECT AN AVERAGE GROSS YIELD OF 5.5% ³. HOWEVER, THIS DEPENDS ON THE REAL ESTATE TYPE AND CAN BE HIGHER, ESPECIALLY FOR HIGHER-END PROPERTIES. IN THE LAST THREE YEARS, SPAIN HAS SEEN AN INCREASE IN FOREIGN INVESTORS SPENDING HALF A MILLION EUROS OR MORE IN 2022 1 OUT OF 10 INTERNATIONAL INVESTORS ALREADY CAPITALIZED IN MORE LUXURIOUS PROPERTIES⁴. INVESTING IN THE COSTA DEL SOL IS LUCRATIVE, AND THE PROJECTION IS THAT THE SHARE OF (WEALTHIER) INTERNATIONAL BUYERS WILL CONTINUE TO GROW.
THE NETHERLANDS IS CURRENTLY CLASSIFIED 4TH AFTER GERMANY ON THE SPANISH’S TOP 7 REAL ESTATE INVESTING COUNTRY LIST.
AS FOR DUTCH REAL ESTATE INVESTORS, LOCAL (VACATION) REAL ESTATE AVAILABILITY IS FALLING SHORT OF SUPPLY, FOLLOWED BY THE DUTCH GOVERNMENT MAKING IT MORE DIFFICULT TO BUY TO LET LIKE THE SELF-OCCUPANCY OBLIGATION AND OTHER DISCOURAGING PROPERTY INVESTMENT REGULATIONS ARE ON THE TABLE. ALL IN ALL, THIS DRIVES MORE DUTCH INVESTORS TO EXPLORE INVESTING IN SPAIN FOR BETTER RETURNS ON INVESTMENT.
THE NETHERLANDS IS CURRENTLY CLASSIFIED 4TH AFTER GERMANY ON THE SPANISH’S TOP 7 REAL ESTATE INVESTING COUNTRY LIST. THE SHARE OF DUTCH INVESTMENTS IS INCREASING COMPARED TO LAST YEAR, WITH +21.5% MORE PROPERTIES PURCHASED BY DUTCH INVESTORS⁵.
THE MOMENT IS NOW ESTATE AGENCY MONDIAL HAS THE EXPERTISE AND TEAM TO FIND THE GEM YOU SEEK, GUIDING YOU EVERY STEP OF THE WAY. AND REMEMBER, THE EAM SERVICE IS FREE OF CHARGE!
¹ Skyscanner & Wikipedia, ² The Wall Street Journal, Americans Are Buying Homes in Spain More Than Ever Before, published February 10th, 2023 & ³ Spanish Property Insight, March 12th 2023⁴. The Wealth Report, 17th edition 2023 & 5 The local es, Dutch, Irish and Norwegians are buying twice as many homes in Spain, November 9th, 2022