Property for sale in Spain
VirtoProperty offers 1790 of property listings in Spain, including large selection of property for sale: apartments, villas, townhouses, houses, chalets, bungalows. The Spanish property catalogue includes both re-sale and newly built offers with average asking price from € 23.900 up to € 25.750.000 with daily updates.
Frequently Asked Questions
Now is the right time to buy both new housing and the resale. As for new properties, in the near future in Spain the number of offers is expected to drop (in 2020, due to the pandemic, ⅓ less than usual construction licenses was issued). Thus, the price will increase, and the number of residential properties will temporarily decrease. In case you don’t want to overpay, now is the time.
The most common mistake is choosing a bad neighbourhood. Real estate is much cheaper there than the market average. As a result you will get some unpleasant neighbours like unlawful immigrants. Always check why the housing you choose costs much cheaper. Read this article to learn how not to make a mistake.
Some people choose renting first, when they arrive in Spain "to explore" the area and settle in a new place. Long-term rent can also be a reason to apply for a residence permit, as well as an intention to purchase. However, over time, almost all customers are into buying their own home, so that they can not only live there, but also to benefit from letting.
The answer can be illustrated by the fact that sales of real estate, especially new one, don’t stop in Spain even during the pandemic. In these unstable times people realize the importance of a safe place. Spanish parents are more likely to spend savings and buy housing for their children now so that they could feel safe and work from home. In addition, real estate has always been considered a reliable investment and an asset that will not ever depreciate.
According to the statistics provided by numbeo, the average cost of living for one month in Barcelona at the beginning of 2021 is 692 euros. This is one of the highest rates in the country. In Malaga, the cost of living is estimated at 597 euros, in Alicante – 587 euros.
You can live in Spain either with a tourist visa (up to 90 days per year) or with a long-term visa D (with it you can reside any number of days). Most people still plan to have a residence permit in the country where they have real estate. See our guide to Spanish residence.
Local real estate is considered one of the most attractive in Europe in terms of price and quality. In November 2020, the average price for real estate in Spain is 1752 €/m2. The highest average property price is in the Community of Madrid, Catalonia and the Balearic Islands. Among coastal regions of particular interest is the Valencian Community 1.406 €/m2. Murcia 1.048 €/m2 is also one of the most promising regions for investment from the expert point of view.