Spain’s world-class beaches, mouth-watering cuisine, rich culture and high living standards are a draw for investors looking to Spanish shores for affordable property investments.
Thanks to the Spain Golden Visa program, investors and their families who are not part of the European Union (EU), European Economic Area (EE) or Switzerland, can make a qualifying investment in Spain and be granted a Spanish residency permit, by investing in a property above the value of €500,000.
Spain is the world’s second country with the most World Heritage cities, the third in terms of natural areas declared Biosphere Reserves, and the country with the most Blue Flag beaches in the entire Northern Hemisphere. These are only a few examples of the attractions that Spain has to offer to its visitors.
Combine that with the excellent public health system, connection to Europe and the upward trajectory of its economy, it is no wonder that buyers continue to snap up bargains on the costas and purchase apartments in the bustling Spanish cities of Barcelona and Madrid.
Barcelona, the Catalan capital is rich in culture and considered to be Spain’s most diverse and cosmopolitan city. Attracting millions of visitors annually, as well as tech and scientific innovation investments, this market is very much influenced by foreign investors drawn by the affordable properties. Rentals offer decent returns, with newer apartment developments leading the way.
Villaricos, a simple fishing village, perched precariously between the Sierra Almagrera and the sea and flanked by the Almanzora River, offers a tranquil alternative to the bigger cities, for unpretentious simple luxury. Townhouses and villas in these areas offer beach and village life, and seasonal rentals.
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