Cheap Properties in Spain: How to Find Them Online? (Real Estate Investing)

How to find cheap houses and apartments in Spain?

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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/619894/precios-medios-de-la-vivienda-nueva-y-usada-por-cc-aa-espana/

-The cheapest price per sq meter by province can be found on this interactive map:
https://www.cohispania.com/mapa-interactivo-de-precios-de-la-vivienda-en-espana
-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).

Видео Cheap Properties in Spain: How to Find Them Online? (Real Estate Investing) канала traveleconomics