Spanish property – long term investment or not, views…

Spanish Property Insight Forums Spanish Property Forums Property Questions & Answers Spanish property – long term investment or not, views…

This topic contains 1 reply, has 2 voices, and was last updated by  Mark Stücklin 2 weeks, 2 days ago.

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  • #224436

    Denpots1
    Participant

    Hi,

    I’m looking at buying a property, primarily it’ll be for us as a family to holiday in plus a possibility to rent so hopefully running costs will be covered, no mortgage required.

    I know this is very vague, but if I’m looking long term say 15-20 years would you think it’ll increase in value from today’s price and also become an investment?

    Thanks.

  • #224545

    Mark Stücklin
    Keymaster

    I think quality property in good locations will be a sound investment over that time frame. Shorter time frames are more challenging due to the high transaction costs in Spain, though anyone buying in places like Barcelona or Ibiza over the last five years would have done very well regardless. Spanish property is still relatively cheap after the bust, and mortgage borrowing is incredibly cheap, which should fuel demand. Stock markets are near all-time highs, bonds and saving accounts yield next to nothing, we’ve missed the Bitcoin boat, so it’s not as if there are lots of succulent alternative investment opportunities lying around. Plus you’ll get the utility value.

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