Having a Permanent Holiday in Spain

Spain receives 40 million visitors every single yearmeter or foot in the whole of Europe (well,
because it is just such a fabulous country. It ticksdiscounting central London anyway!)...but not to
every single box on a potential traveller's list noworry...because the property market is well
matter what their tourism profile - yes, it hasestablished, well regulated and well explored, the
fantastic beaches, yes it has amazing scenery, yesmortgage lending facilities for Spanish property are
the shopping is excellent, yes Spain is historically andwell developed!
culturally fascinating and yes, yes, yes the weather isYou can choose to approach a local lender and
perfect, the cuisine is delectable and the people arediscuss your borrowing needs in Spanish. You can
warmly welcoming.choose to raise a re-mortgage which will be secured
If you haven't already visited Spain - why ever not?!on your current home or you can speak to an
And if you have or when you finally do there's ainternational bank which will lend to you through the
fairly strong chance that you will be so enamouredmedium of English (phew) but the money loaned will
with your experience that you will want to returnbe secured on your Spanish home.
time and time again.Which ever option you decide to explore depends on
It is this lure of Spain that has seen just so manyyour own preferences and circumstances of course -
British, European and even international citizens buyingbut if you are thinking of having a permanent holiday
up Spanish real estate to use as holiday homes, asin Spain and buying a home there or just a vacation
investments to let out to tourists or as permanentproperty, the universal advice is get a decent lawyer
and retirement homes in the Spanish sunshine...to assist you every single step of the way.
If you want to join those who have already bought IThis advice is not lightly given nor should it be
cannot blame you - there is such choice to suit allcasually dismissed - yes you have the right as a
budgets and tastes with delightful rural fincas availableforeign citizen to own property in Spain but the
for those who like to truly get away from it all tobuying process and everything associated with
apartments right on the beach or right in the cityowning real estate in Spain differs greatly to that
centre.which you are currently used to - so a lawyer will
The only problem is that the popularity of Spain hastake care of explaining everything to you and walking
pushed prices through the roof in recent years andyou through the process. Your country's consulate in
some parts of Spain are now among the mostSpain will likely have a list of lawyers you can
expensive places to buy real estate per squareapproach.