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Can a foreigner buy a house in Spain?
As a foreigner, you are allowed to purchase a property in Spain, and there are no restrictions on the number of properties you can own. However, if you plan to stay in Spain for more than 90 days, you will need to obtain a visa or a residence permit.
What is the average price of a house in Spain?
Characteristic | Price in euros per square meter built |
Spain | 2,809 |
Balearic Islands | 2,549 |
Navarre | 2,155 |
Cantabria | 2,116 |
Is it worth buying real estate in Spain?
Spain has a mature property market that has not shown signs of being affected by the pandemic yet. House prices in Spain saw a year-on-year growth of 3.7% in December 2023. Strong rental yields in key cities across Spain, with the average standing at 6.17 percent (Q1, 2024).
Where is Spain are the cheapest property to buy?
What part of Spain has the cheapest property? The cheapest real estate is located in rural areas - in the provinces of Toledo, Cordoba, Granada, Valencia.
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