Tips offered to Spanish property buyers

People intending to buy a home in Spain may want to take heed of some advice offered by a firm of real estate experts.

Spanish Hot Properties has issued some guidance for those considering purchasing a property in the nation, particularly focusing on the Costa del Sol.

One of the first steps to take is to decide what sort of real estate asset you are interested in, with the company noting that requirements for investors and people looking to retire to Spain will be different.

Anyone planning to use their Spanish property as a means of generating an income will need to ensure they choose a place that "can be let all year round, thus giving you a good return".

In terms of where on the Costa del Sol to buy, the organisation suggested the likes of Estepona and Benahavis for anyone seeking a laid-back vibe, while Puerto Banus is an option for those looking at the high end of the market.

Figures published by the Spanish national statistics institute earlier this month showed that during July, just over 6,000 property sales were completed in Andalucia, with Malaga - and the Costa del Sol region - accounting for 1,288 of these.
 

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