Property For Sale in Spain, Costa del Sol

First of all, Happy New Year from myself and everyone here at VIVA! After the indulgences of this Christmas period, it’s time to get back to business and start off the new year on the blog with some interesting real estate news. And interesting it is, too – especially if you already own a home here – because the price of property in Spain went up by an average of 3.6% in 2019, according to valuations firm Tinsa.

As we trundle into the last seven weeks of 2019, analysts and statistics agencies in Spain are preparing their fourth quarter and year-as-a-whole predictions for property purchases in relation to each Autonomous Community as well as on a national level. The results of said studies forecast Andalucian property sales in 2019 to top 100,000 for the second consecutive year.

OK, so you’ve decided you want to move abroad. You’ve decided you want to live in Spain due to the climate, affordable cost of living and ease of moving there from your home country. You’ve even narrowed it down to Spain’s south coast. Now the only question marks remaining are where to lay down your roots: on the coast or inland?

When it comes to buying a property in Spain, it goes without saying that, financially, if you fail to prepare then you should be prepared to fail. In the VIVA blog I’ve made it my mission to explain as many of these as possible to give you a well-rounded view of the legal, financial and bureaucratic implications of your Spanish home purchase, as well as important changes to legislation. And today is no different, as I talk about Spanish mortgage concession in the current market and what you should expect to have saved as a deposit.

In this post I offer three pieces of advice that any first time home buyer in Spain should definitely take on board, regardless of whether they are already on the property ladder elsewhere in the world.

Here at VIVA, we often get asked when the best time to sell a home is on the Costa del Sol. Understandably, vendors want to increase their chances of selling their property whilst also achieving as high a price as they can. They also want to make sure their house does not sit on the market for months and months without receiving any interest, especially if they’re in the housing chain and have somewhere to move to.