Now is the right time to buy a property in Costa del Sol.
We believe that a growing economy, low financing costs, good potential for rental returns and capital appreciation will continue to drive sales throughout 2019 and beyond.Low interest rates, rising prices and signs that the economy is strengthening continue to attract property buyers to Spain.Property prices are still very attractive and with more mortgages being approved, all the signs indicate that now is a great time to buy in Costa del Sol.Choosing a reputable property agency can help buyers reduce the risks they face during the house-buying process. Many homes have been built in recent years that do not have the appropriate planning permission ‒ a knowledgeable agent will be able to avoid them.We are mainly focused on Malaga capital,our on-line agency is based in Malaga therefore our knowledge of his territory is 100% trustable. Then why choosing Malaga to buy your property abroad? Forget Barcelona or Madrid, where the prices of real estate are gone way to high to buy even a 1 bedroom apartment, don’t miss the opportunity to buy now in Malaga where the prices are still reasonable( 3 beds apartment for 140/150 in a good area). Malaga is a unique destination in Europe and a mix of modern and traditional. The city combines leisure,tourism,beach,gastronomy and shopping,together with business and cultural offerings such as events of worldwide recognition. That means all year long tourism, nevertheless it’s an erasmus city,where thousands of students are constantly looking for a room to complete their studies.
What are the steps to buying a property as a foreigner?
-Obtain a mortgage offer in principle
-Search the market for properties that meet your requirements
-Check the Spanish property registry (Registro de la Propiedad) to ensure that your chosen property doesn’t have any unpaid taxes or debts
-Make a 10pc deposit to secure the property
Sign the deed of sale and pay the remaining 90pc property price