Investments Properties in Spain

Property Investment in Spain

Firstly let´s be absolutely clear that buying any property in Spain should be viewed as an investment the same as it would be in your own country. We have detailed some key pointers for you to consider very carefully.

The principal reasons for what you are buying should not change just because you are in the sunshine. The most important aspect to consider when purchasing your property should always be its location. You must be thinking the day you buy is the day you sell. Consider how a future buyer of your property will be thinking.

For a good investment your property needs to have the right criteria: central location, close to shops and other amenities, sporting facilities such as golf and tennis a good beach or beaches and a good selection of bars and restaurants.

Advantages of Buying off-plan investment properties in Spain:

Over the last few years thousands of people have benefited from buying through this method. Although it is true you need some imagination buying this way, you will be giving yourself a maximum investment opportunity.

Your question is why?

Buying off-plan means reserving a property on a new development before the property is completed and in many cases before the development has even seen a brick laid. The developer is keen in the early stages to offer investors a discounted price so as to minimise his borrowing risk. Although he may have detailed specifications and floor-plans he still has nothing truly visible, so this is factored into the early pricing.

As the developer sells each phase he increases his prices, pure demand outstripping supply. Once the show flat is built, generally a year to eighteen months after the development gets underway the builders product naturally appeals to a wider buying audience.

Your question: Is there any risk to our funds deposited?

There is no risk to your funds as we only deal with developers who offer an insurance policy or in most cases a Bank Guarantee. This means that in the unlikely event of the developer not finishing the project, you will receive your money back plus interest.

This is how it can work for you:

We will raise the 30% deposit required to purchase your property off-plan by releasing the equity from your property in the U.K. We will pay the interest on your loan during the build period, up to a maximum of 24 months, capped at 5% on an interest only basis. So the initial investment costs you absolutely nothing. You then have the following options:

You can take delivery of the property and take on a mortgage on the remaining 70%, OR you can re-sell the property before completion and take the profit!

This offer is available on selected off plan investment developments.

The benefit of dealing with Platinum Properties is that we can offer you the following:
We will pay for your property whilst it is being built and your investment over this period will cost you nothing. As you may know buying off-plan has been a good way to enter into the Spanish property market. Previous case studies have proven that there are considerable gains to be made this way. You can benefit from both capital appreciation and builder increases during this period of time.

If you would like more information on off plan or investment properties in Spain, please complete the following form.