What type of property is a foreigner looking for when investing in our country?

The purchase of homes in Spain by foreign investors has always had good results. There are many foreign citizens who are interested in our country, either because of the climate or quality of life, and the truth is that they account for a good percentage of the purchase and sale transactions.

What type of property is a foreigner looking for when investing in our country?

The purchase of homes in Spain by foreign investors has always had good results. There are many foreign citizens who are interested in our country, either because of the climate or quality of life, and the truth is that they account for a good percentage of the purchase and sale transactions.

There are several profiles of foreigners interested in buying a property in Spain: for one part there are those who live and work in Spain for work reasons, and for another there are those who are looking to have a second home in our country.

The characteristics of foreign investors who invest in second homes are European with a high purchasing profile, who are usually interested in homes in city centres, do not normally need a lot of financing and usually ask for loans of less than 60% of the value of the property. Non-European investors have a tighter profile and tend to opt for houses further out of the city.

For all of them, there are common traits they look for when it comes to choosing the properties they buy:

  • Firstly, that the property is located in a city that has good travel connections with foreign countries and is close to international airports.
  • The property should be located in a place with a good climate, which is why they tend to choose coastal areas, especially the Costa del Sol, the Levante, as well as the Costa Brava and Costa Dorada in Catalonia, and the islands: the Canary and Balearic Islands.
  • Properties that offer outdoor space with large terraces and good views.
  • The property should be in a location with good services in the surrounding area, including swimming pools and green areas, as well as social clubs or gyms. There are many investors who opt for residential areas.

At WeRelocate BCN we have a multilingual team of professionals who can meet with you in your language to get to know your tastes and needs. We will find the perfect property for you to invest in in our country with guaranteed peace of mind.

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