Cheap Properties in Spain How to Find Them Online Real Estate Investing
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How to find cheap houses and apartments in Spain? • Start your immigration plan and contact me: https://checkinprice.com/contact/ • Check our other videos: / @traveleconomics • Subscribe to plan your move abroad: / @traveleconomics • Check our other videos: / @traveleconomics • 00:11 Intro • 01:29 Spain political divisions • -Spain is divided in autonomous communities, which are then divided into provinces, and then municipalities. • -The cheapest price per sq meter by autonomous region can be found here: • https://es.statista.com/estadisticas/... • -The cheapest price per sq meter by province can be found on this interactive map: • https://www.cohispania.com/mapa-inter... • -Prices vary greatly in Spain. The city center is usually the most expensive area in any city. Going a few kilometers away from the center, prices drop significantly. • 02:17 Idealista • -What is idealista? • -Using Idealista to find cheap houses and apartments in Spain • -Mortgage Calculator • -Non-residents can obtain a mortgage in Spain through a Spanish bank • 03:12 Examples (below 80k EUR) • Considerations when buying a cheap house in Spain • -You will need a car • -It will be difficult to find tenants • -The property will have very low liquidity in case you want to sell it • -You can probably bargain the price heavily • Golden Visa Spain Requirements for Real Estate Investors • -Minimum 500k euros investment • -One or multiple properties • -Can renew it indefinitely • -There is no minimum time to stay in the country to be able to renew it. • -After 5 years you can apply for permanent residency (but you need to live 6 months per year if you want to be eligible to apply for PR) • -After 10 years you can apply for citizenship (2 years for former Spanish colonies, Brazil, Portugal and Andorra).
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