Buying a Home Abroad

by : Stephen Stewart

If you crave for endless amounts of sunshine, miles of glorious sandy beaches , truly wonderful food , an abundant choice of entertainment , and a terrific selection of homes at unbeatable prices, then you will find Spain hard to beat . Although the vast majority of holiday makers (and residents) come to Spain to recline on a beach , there's much more to the country than the Costas and its islands .

Spain offers infinite variety with something for everyone , including magnificent beaches for sun worshippers and unbelievable scenery with tremendous views and wonderful mountain walks. For those who are comfortable living in cities, there are bustling sophisticated metropolises . For food lovers, you will find some of the best food to be found anywhere and wine to match.

When buying a home in Spain you aren't simply buying a home but a lifestyle , and as a place for your holiday, second or retirement home, Spain is unrivalled, particularly if you're seeking year-round sunshine.

Why would you want to purchase a home in Spain?

There are many excellent reasons for buying a home in Spain , although it's important not to be under any illusions about what you can expect from a home there . Be consistent and realistic about what you can expect, ask fundamental question about what it is exactly that you want from a home in Spain? For example, are you seeking a holiday or a retirement home?

The Costa Blanca and Costa del Sol has the highest percentage of retired persons in the world, when both Spaniards and foreigners are included. If you're seeking a second home, will it be mainly used for long weekends or for lengthier stays? Do you plan to rent all or a portion of it to offset mortgage and operations costs? If that is the case, how essential to the overall plan is the property rental income? Is the decision to buy purely based on investment criteria? Do you plan to work or start a business in Spain? These are questions that need answers no matter where you purchase , but especially in Spain because of the variety of choices Spain has to offer.

Often buyers have a variety of reasons for buying a home in Spain. For example, many people buy a holiday home with an idea of living there permanently or semi-permanently after they retire. In a lot of cases the motivation is to start by purchasing a holiday home with the intention of retiring there later on. If this is the case, there are many more factors to take into account than if you were simply buying a holiday home that you will occupy for just a few weeks a year. If, on the other hand, you plan to work or start a business in Spain, you will be faced with a whole different set of criteria. Part of the motivation might be to live within Spain yet commute to other European locations on a regular basis as transport (especially external links) is so straightforward to come by. Many people are doing just that because Spain has a lot to offer.

Whatever the reasons for buying a home within Spain whether purely for residential or investment purposes, life in modern day Spain makes it such a difficult option to refuse.