Investment Property in el Besòs i el Maresme

investment property in espana

Buying Investment Property in el Besòs i el Maresme?

Looking to buy investment property in el Besòs i el Maresme? It’s a sound choice, yet one that must be executed correctly. This article tells you about buying investment property in el Besòs i el Maresme, the types of deals available and the likely returns. Remember, buying property in el Besòs i el Maresme has, on average, yielded in excess of 8% returns per year, and significant capital asset growth.

Buying investment property in el Besòs i el Maresme with cash outright is also a sure fire hedge against any rise in interest rates. Some investors look to buy properties in need of renovation or a change of purpose. They then renovate those properties and rent them out on a long term or short terms basis. Many investment properties in el Besòs i el Maresme are purchased by non Spanish Nationals and are either used as a holiday homes or straightforward by and hold investments in el Besòs i el Maresme.

Once these properties have been renovated and rented then investors in el Besòs i el Maresme may refinance the property by taking a mortgage over the property at a higher value, using the income to pay the mortgage and reinvesting the profit from the deal into more property in el Besòs i el Maresme or elsewhere.

How easy is it to buy investment property in el Besòs i el Maresme?

Buying an investment property in el Besòs i el Maresme might be more complex, but Spain is a very welcoming country for foreign buyers as foreign ownership of properties in el Besòs i el Maresme has really helped lift and stabilize the local economy.

The procedures for buying a property in Spain as an expat are relatively straightforward. Before buying, you’ll require a financial number, which can be obtained by visiting a police station with your passport. This is typically processed on the same day for Spanish or EU citizens, but may take a little longer for other nationalities.

Financing an investment property in el Besòs i el Maresme can be done by cash or mortgage charge. It is often easier for expats to finance the purchase from their home country. Pre 2008 many Spanish banks in el Besòs i el Maresme would lend to international investors although they have been reluctant to do again, so even now.

What is the average price of investment property in el Besòs i el Maresme?

Average property costs per square meter in el Besòs i el Maresme are €1,722 per square meter, representing a solid, year on year growth trajectory of 8%.

Map of el Besòs i el Maresme

El Besòs i el Maresme is a neighborhood in the Sant Martí district of Barcelona, Catalonia (Spain). Originally the land had been irrigated by the irrigation of the burrow and the Verneda, remains of an old arm of the river Besòs that empties into the Camp de la Bóta. The neighborhood stretches along the Rambla de Prim.

In the neighborhood there is part of the Parc del Fòrum, built for the event of 2004 Universal Forum of Cultures and there will be built the campus Diagonal-Besòs and Zoo Marine.

Coordinates: 41°25′11.86″N 2°12′58.13″E / 41.4199611°N 2.2161472°E / 41.4199611; 2.2161472

Making Money on Investment Property in el Besòs i el Maresme

The best way to make money on el Besòs i el Maresme Property is via an expert international investment fund.

Your Financial Advisor or Accountant won’t bring you the opportunities because of course they won’t receive their greasy commissions.

Investment funds are not even allowed to advertise so you’ll never hear of them unless a friend recommends them.

You will need at least some experience with previous investments to be eligible and of course these funds are extremely picky about the investors they accept. They can afford to be. They don’t need your money, but they can put your money to work for you like never before.

Costs of buying a property in el Besòs i el Maresme

Fees for buying a property in el Besòs i el Maresme vary from area-to-area, and many are negotiable – for example, there are no fixed fees for lawyers or estate agents. Buyers must pay the majority of the costs, which are generally as follows:

  • Property transfer tax in el Besòs i el Maresme: 6–10% (existing properties) / VAT (or IVA) at 10% (new properties in el Besòs i el Maresme)
  • Notary costs, title deed tax, and land registration fee in el Besòs i el Maresme: 1–2.5%
  • Legal fees for buying investment property in el Besòs i el Maresme: 1–2% (including VAT)

The seller usually pays the estate agent fees in Spain. Estate agents usually charge their fees as a percentage, typically around 3% of the final sale price.

Who is the Best Real Estate Agent in Spain?

PRestates is a multi-award winning Luxury Real Estate broker in el Besòs i el Maresme, with a 18 year track record the agency has been directly or indirectly responsible for the largest volume of transactions in el Besòs i el Maresme in the past two decades.

Types of investment property in el Besòs i el Maresme

It is important to understand the main types of Investment Property in el Besòs i el Maresme

  • Undeveloped land in el Besòs i el Maresme
  • Commercial property in el Besòs i el Maresme
  • Residential real estate property in el Besòs i el Maresme
  • Operating property investment in el Besòs i el Maresme
  • Distressed property investment in el Besòs i el Maresme
  • Investing in a World Class fund with activities in Spain, and in el Besòs i el Maresme

Types of property investment deals in el Besòs i el Maresme

The main types of property deals in el Besòs i el Maresme are:

  • Buy to let in el Besòs i el Maresme
  • Buy to hold
  • Serviced Accommodation in el Besòs i el Maresme
  • Vacation Rentals in el Besòs i el Maresme
  • Commercial Property in el Besòs i el Maresme

The Most Successful Property Investment Fund 2020 : Click Image to Download Prospectus

Buy to hold in el Besòs i el Maresme

Long-term rental property in el Besòs i el Maresme is widely considered one of the best ways to diversify your property portfolio. So buying and owning property means much more than just investing in a single property, it can bring you a variety of benefits, such as access to a variety of investment opportunities and the benefits of long-term ownership.

While some investors in el Besòs i el Maresme may be confused or intimidated when they start, buying and owning property can be one of the best investments you can make if you do your due diligence before you start.

The rental income from investment property in el Besòs i el Maresme generates short-term income that can be used to pay off a mortgage or to invest money. The strategy of buying and holding property is one of the most common investment options.

The value of the el Besòs i el Maresme property will increase over time and the investor will benefit if he is willing to sell it later. The investor benefits from being bought in the expectation that the value of the property will rise over time.

Investors considering a el Besòs i el Maresme property purchase and holding strategy should do their best to calculate the potential income from renting out the property. The bottom line is that monthly income should exceed the cost of rent in the first year of ownership and annual rental income over the next five years.

If the investor plans to sell the el Besòs i el Maresme property later, possible profits should also be taken into account. Finally, any losses from taking out a mortgage or other type of property financing must be taken into account, as well as any gains from the sale.

Convert el Besòs i el Maresme property to Holiday Accommodation

For property investors in el Besòs i el Maresme, converting a home into a serviced apartment would mean higher rents than the normal rent increase. As a result, many people are buying investment property in el Besòs i el Maresme and then converting these homes into serviced apartments to maximize yield.

The types of property used for serviced accommodation in el Besòs i el Maresme are often the same as those you would use to buy to let. Where you have a guaranteed short-term rent, it’s not as rigid as renting out a property.

Lease el Besòs i el Maresme property to the Worlds Best Rehab

Remedy Wellbeing is a bespoke, luxury treatment center with a significant corporate footprint in Spain. This means they treat just one client at a time in luxury 6* accommodations. All properties used by Remedy Wellbeing are as unique as they are inspiring. If you own or represent some of the most exceptional, unique and luxurious accommodations in Spain, Remedy Wellbeing can be contacted via their dedicated property management company, Physis Realty.

Disadvantages of investing in Serviced Accommodation in el Besòs i el Maresme

  • Holiday accommodation is more of a business strategy than a property strategy, and the workload is far more intensive.
  • You’ll need to furnish your holiday rental accommodation in el Besòs i el Maresme
  • You’ll need to clean the rooms and change the sheets every time your guests leave.
  • Who does all the laundry?
  • Who does all the cleaning?
  • Who’s going to do all the work for you in el Besòs i el Maresme
  • How are the guests actually going to get in?
  • Are you going to have somebody to do a meet and greet?

Buying investment property in el Besòs i el Maresme to convert into serviced accommodation or holiday lets is not really considered an investment, because the amount of work involved make it a full time job.

investment property in espana

investment property in {es}