Investment Property in Spain

Freedom4sale is the number one property magazine and web site portal for property in Spain and the Canary Islands. It’s an independent property company that works with some of the best English-speaking estate agents on mainland Spain, Lanzarote, Tenerife, Fuerteventura and Gran Canaria. With over 10,000 properties on their website, it’s an absolute must for anyone looking for property for sale in the Canary Islands.

The magazine & Website (www.freedom4sale.com)
The magazine is free and the properties on the web site are updated by the estate agents themselves, ensuring up-to-date and accurate information.

Since the beginning (over seven years ago) Freedom4sale have built up a wealth of information about property in the Canary Islands, including maps, buying advice and local information.

Online you’ll find; a property Forum; information on investment property; a newsletter; property articles; local information; property statistics; and mortgage & finance information.

Featured Article – Buy-To-Let Investments
A recent article by Lee Grandin of Landlord Mortgages, comments that in the UK, “People looking to make a success of buy-to-let will have to be in it for the long term, with rental yield the bottom line and the possibility of capital appreciation an extra something special”.

Buy-to-let has been an incredibly popular and successful investment option (both in the UK and Spain) over the past few years. Basically it involves buying a property and renting it out as soon as possible, letting the rent cover the cost of your mortgage.

The importance of Research
“The most successful buy-to-let investors purchase property close to where they live”.
Why? Because they know the local market.

Nowadays, research is the only way to try and ascertain whether a buy to let investment in a particular area will succeed. It’s absolutely essential for any buy-to-let investor to keep a keen eye on the locations that they are interested in.

If you’re investing abroad it might be impractical to go and live there just to get to know the place (unless of course you’re loaded!). You can however go online and access a wealth of information from most community websites about your chosen location.

Asking the seller for information about the property and surrounding area is often pointless, as they’ll invariably point out the good points and conveniently forget the bad.

The same goes for letting agents. Don’t pay to much attention to promises of high rental yields. Try and speak to the tenants and find out how much people generally pay in that area.

Freedom4sale Magazine
If you’re considering buying a property anywhere on Tenerife, Fuerteventura, Lanzarote or Gran Canaria or want information about new emerging markets, investment options (anything property related) you should set up your own freedom4sale property account.

This enables you to keep track of your favourite properties, stay updated with the latest properties coming on to the market and much much more.

With year-round-sunshine and many new developments being sold very cheap, buying property in Fuerteventura provides almost guaranteed returns on investment.

As the least developed of the Canary Islands, property in Fuerteventura is considerably cheaper. At the moment you can still find some fantastic bargains.

Montaña Roja Estate Agents have an wide range of re-sale, new development and off plan property for sale all over the island. They sell everything from apartments and townhouses to villas and fincas.

Fuerteventura (Canary Islands)
Fuerteventura boasts over 285 kms of stunning unspoilt coastline and some of the world’s most amazing beaches. It’s the second largest of the Canary Islands.

This untouched paradise enjoys over three thousand hours of sunshine a year and is a paradise for water sports fans, windsurfers in particular. The island has some of the best surfing, windsurfing and kite surfing facilities available in Europe.

It’s also a diver’s paradise, with perfect year round diving conditions in crystal clear warm blue waters.

Fuerteventura has a year round warm climate similar to that found in Mexico and Florida. Temperatures range from 17°C in January to 25°C in August. It has an average of 2,938 hours of sunshine a year.

Inland, you’ll find some excellent climbing and hiking routes. This surreal desert-like landscape boasts some spectacular mountain scenery with some fantastic opportunities for nature lovers and outdoor sports fans.

Popular Investment Areas
At the moment, one of the most popular investment areas on the island is Caleta de Fuste.

Caleta de Fuste
Caleta de Fuste is one of Fuerteventura’s most up and coming resorts. Located on the east coast of the island, it’s a modern resort with shops, restaurants, cafes and bars.

This is a popular area for families with kids. The gently sloping beaches are safe and the waters are calm and shallow. Sports enthusiast can also practice scuba diving, snorkelling and windsurfing in this protected bay.

Every year more and more visitors are coming to Caleta de Fuste to invest in property and also to live here; the area has an amazing quality of life. Property prices are still low compared to the other islands and it has great rental potential – if you own a property here you can rent it out at “tourist prices” almost all year round.

Fuerteventura’s Property Market
Fuerteventura is booming at the moment. The tourism industry is expanding rapidly, creating a huge demand for new properties. People want to live as well as invest here.

There’s a massive variety of properties and a multitude of profit-making possibilities. Some popular options including resale investments, new developments and buy to let purchases.

Buying property in Fuerteventura is a relatively straightforward process. With a large number of English speaking agents on the island and a cosmopolitan mix of expats the right advice is never far away.

After the recent property crash many buyers now have a negative view of investment property in Spain. Although, according to many experts the problems have been exaggerated, creating a distorted view of the country’s prospects.

Mark Stucklin, spokesman for Spanishpropertyinsight.com, points out that for the first time in years, Spain is a buyers market and that “demand for good-quality property remains high”. Investors will simply have to accept more realistic prices.

One simply has to focus on long term price rises, according to the chairman of the Federation of Overseas Property Developers, Agents and Consultants. There’s still a number of excellent opportunities in Spain.

Along with corruption scandals and land grab issues, overdevelopment and oversupply have been two key factors in Spain’s property crisis.

Spain’s lesser developed locations like Costa Calida in Murcia now appear to be showing strong capital growth, according to Andrew Ward, managing director of Equity Property Portfolios.

The Canary Islands too, Tenerife in particular, remains strong, with property sales still rising.

Over the years buyers have made massive returns on investment here. It’s long been a favourite with foreigners, UK nationals in particular. The sun, sea and laid back way of life are still as appealing as ever and will no doubt continue to draw prospective overseas buyers into the market.

It appears that investment property in Spain (http://www.diasoleadoinvest.com/gb/investment-property-in-spain.htm) remains an attractive option, despite the recent property crisis.

Investing in property in Spain
There are numerous English-speaking agents both on the mainland and on the Canary and Balearic Islands that can help you find your dream home.

The internet is also an excellent source of information. Diasoleadoinvest.com are one of the leading specialists when it comes to investment property in Spain and worldwide. Based in Spain, they have an in-depth knowledge of the local market and can provide inside information on the latest upcoming areas set to give greatest return on investment.

Living in Spain
Spain has everything – sun, sea, beaches, snow, mountains, culture, art, nightlife, cuisine, architecture, music, sports and a fantastically diverse landscape. It’s also got one of the most laid back lifestyles in Europe.

From Nightclubbing in Ibiza to bird watching in Cadiz province, this massive country has it all.

In 2004, over 13 million British tourists visited Spain. Spain has always been a popular spot with the British, many of whom eventually set up home here. There are now well over half a million holiday homes in Spain owned by UK nationals.

Over the years, Spain has built up a massive European ex-pat community of English, German, Dutch French, Irish and many other nationalities. It’s not just a “holiday hot spot” anymore; it’s a real place to live.