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Spain Real Estate Listings By Owner
Buying cheap luxury real estate listings directly from the owner in Spain is a matter of perspective on what the purchaser or investor perceives as 'cheap'. The desired objective though can be possible with the right strategy.
Luxury
properties in Spain
purchased in sought-after areas can appreciate in value as part of a natural capital appreciation, even if not using the
real estate as an investment
tool.
Spain remains popular long term due to the fundamentals of climate, life style and tourism popularity. Sandy beaches, low dunes and humid areas are varied by rocks, steep coasts and very dry zones is what the mind brings to the fore when thinking of Spain. The impressive northern and central areas, crossed by high mountain chains run through out the edge of the sea the capes of La Nao and of
San Antonio
are located.
The southern part of the Costa Blanca is on the other hand an area of plains and hills floated by the river the Segura that flows in to the sea in the middle of dunes and low cliffs. This Costa runs from Denia to Pilar de la Horadada with its Capital
Alicante
and is one of the most important destinations of Europe.
Thanks to the landscape, the infra-structure, the beautiful cities and the friendly people the
Costa Del Sol
has very crowded activities for tourists with all the facilities.
The Spanish mainland is bordered by the Mediterranean Sea to the south and east, by the Cantabric Sea that includes the Bay of Biscay to the north, and by the Atlantic Ocean and Spain to the west. Spanish territory also includes the
Balearic Islands
in the Mediterranean and the
Canary Islands
off the African coast. It shares land borders with
Spain
, France, Andorra, the British colony of Gibraltar, and Morocco. It is the largest of the three sovereign states that make up the Iberian Peninsula — the others being
Spain
and Andorra. With an area of 504,030 km² is the second largest country in Western Europe (behind France).
Spain is a constitutional monarchy organised as a parliamentary democracy, and has been a member of the European Union since 1986. It is a developed country with the ninth largest economy in the world and fifth largest in the EU.
"Cheap real estate" in luxury market doesn't always mean a low price, as a 'luxury property' that is undervalued for the current real estate market place status can be seen as being cheap.
A $1M home might be "cheap" compared to others at $2M that are located in
Spain
, but the price difference for what seems to be very similar properties could be for a wide range of reasons.
If the luxury property has become
distressed or foreclosed
they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.
In emerging luxury markets luxury could be listed as undervalued in relation to future expectations, for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.
Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.
Properties bought below market value in luxury areas, especially when looking at
Spain real estate listings by owner
which can be cheaper than via an agent often see strong appreciation when the market recovers or the area gentrifies.
Economic or political fluctuations can temporarily depress prices, allowing investors to acquire premium assets at a cheaper rate.
FEATURED Spain LISTING
Location : Orihuela, Alicante
Property Type: Villa
Property Terms: For Sale
Local Currency Price:
Price in USD: $310,000
How to buy, sell or rent properties in Spain:
How to buy a property
How to sell a property
How to rent a property
Spain generally has a very stable
property market
and purchasing or selling properties is done in a transparent manner. Spain is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to
investors
and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
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Useful Links and Information
Official Spanish Immigration Government Website
International Property Directory (IPD) Online Since 2003