|Apartments for rent in Europe
Paris, Rome, Venice, and Barcelona are among the top-visited destinations in Europe. Beyond the Old World, New York City, Toronto and Whistler await shopping, dining and skiing enthusiasts, as well as businessmen and students. Quality accommodation is always in demand, and nowadays travellers have the freedom to choose not only hotels, but also apartment rentals.
Conveniently located and fully furnished, apartments of Sweet Home Abroad are excellently suited for short-term rentals and could be your next great vacation! All apartments are meant for travellers looking for comfort and independence regardless of their activities of interest. Beach lovers could opt for an apartment rental in Israel or rent a villa in Spain. Lovers of outdoor winter activities like skiing and snowboarding will find Whistler, located in Canada, a great destination: the co-host of Winter Olympic Games in 2010, Whistler is perfectly equipped to provide you with great skiing and riding trails, impeccable customer service and top-notch long-term accommodation. History and culture buffs will enjoy a great selection of accommodation we offer in Paris, Prague, Madrid, and, of course, Barcelona.
Buying a house in Spain
Buying an apartment in Barcelona or Madrid is a typical investment solution for many buyers. Buying a house in other regions of Spain, on the other hand, is usually a personal family purchase. You may want to buy a house in Spain for many reasons: for example, you want to have a summer vacation retreat, or a retirement residence, or you want to move to Spain. In any case, the country is a great choice for real estate purchases: mild climate, warm sea, low pollution, high-quality food products attract potential buyers from across the world. Spain does not create hurdles for foreign buyers, and this is why in many corners of this beautiful country you can hear not only Spanish and Catalan, but also English, German, Russian, and Dutch being spoken.
The Spanish economy is currently going through tough times, which, of course, influences the real estate market as well. At the same time, impressive price drops for property in Spain can be deceptive for potential buyers and skew their expectations for the ideal budget of the purchase.
The statistics provided in real estate news are usually averages across Spain, and do not take into account regional differences, as Spain is a very diverse country. Not all nationalities and provinces are equally attractive for property buyers; it is not surprising that real estate on the coast, near mountain resorts or in big cities is valued much more. If you do further research on a given region, you will notice that similar properties in one town or city, located not too far away from each other, can have different prices which drop with different speed. Just like everywhere in Spain, some locations are more prestigious than others, which determines your future neighbours and, consequently, the price.
House owners in the best areas are usually well-off and are not in any rush to sell their property. Of course, the European economic crisis affects everyone, and price drops for good houses in Spain are quite apparent, albeit not very dramatic, and the house buyer does not have as much bargaining power, as is usually the case with the apartment market. (Many apartment owners can no longer afford mortgage payments on the properties purchased during the market boom, and they need to sell quickly.)
When choosing a location of your future house in Spain, we recommend to consider the following regions: Catalonia, Mallorca and Costa Del Sol in Andalusia. Here are their main selling points that many potential buyers take into account:
- unique geographical location: close to the south of France, to the Pyrenees and its winter resorts, to the Mediterranean sea, to Barcelona
- all four seasons are present, but winters are mild and sunny
- numerous historic monuments, rich cultural program of events
- great beaches, golf fields, amusement parks (on Costa Daurada)
- varied landscape, many natural parks and nature reserves
- mass construction is limited (on Costa Brava)
- low chances of living in an international "ghetto" after the purchase
- Catalonia is currently the richest and most dynamically developing region of Spain
- mild climate with significant changes from season to season
- beautiful coastline, excellent beaches
- very developed watersports' and entertainment infrastructure
- mass construction is limited
- wide variety of high-quality real estate
- well-developed international community
Costa del Sol
- fantastic climate all year, as it is the warmest region of Spain
- the widest choice of golf fields in Spain, skiing opportunities in Sierra Nevada
- big international community
- a variety of services for foreigners
- the widest choice of real estate, as no construction limits are imposed in the region
- high agent commissions, high cost of legalization of ownership
Finding a good fit for your house in Spain, negotiating the price, getting a quote for necessary renovations, obtaining a mortgage in a Spanish bank - these questions and many more require the buyer to have a knowledgeable person by her side. This is why, if you are interested in buying a house in Spain, we suggest you get in touch with our local real estate agents working in Spain, either by phone or using our feedback form.