Top Three Properties In Spain That You Can Actually Buy
Among the many offers on the Spanish real estate market, a special place is occupied by unique buildings that have their own history and represent non-standard architecture. These are old mansions, palaces, castles, as well as buildings of churches and monasteries, which are increasingly in demand among foreign investors. If you want to obtain something along those lines, you should check out Spain-Real.Estate website where specialists from the licensed real estate agencies in Spain are ready to assist you in your search.
Who buys unusual property
Recently, the geography of potential buyers guide key machine of these special objects has also expanded. Earlier the most interested in this property were English and Swiss businessmen. Now, with the general majority of foreign investors, they are competing with Spanish clients.
At the same time, representatives of Eastern Europe, especially Russians, are more interested in real estate by the sea. The share of the French and Germans in this segment of the Spanish market has increased. Specialists note that when buying unique buildings that have their own history, most foreigners do not pay attention to their cost.
Why buy real estate in Spain
There is a lot of information on the Internet about the so-called “rapidly developing market” of Spanish real estate, especially in the major tourist regions: Catalonia, Costa Blanca, Murcia, Balearic Islands, Canary Islands.
- A temperate climate,
- beautiful landscapes,
- friendly locals,
- high-quality housing stock
– at first glance, it seems that this is a real paradise for an investor.
So, if you believe the companies that sell real estate in Spain: the average payback period is 10-15 years, the yield is from 25% per annum.
What unique property can you purchase in Spain
In Spain with such a rich history, you can find many offers in this segment, located in different regions, with many size options and significantly different prices. Several points of interest are located in Girona.
Les Punches Tower
This original Art Nouveau tower was built between 1890 and 1912 by order of the Catalan businessman Pere Martyr Estrada. The building, located in Sant Feliu de Guixols on the Sant Pol beach, has eight towers dedicated to the children of the Catalan. This property, which has an area of 350 square meters and is located on a plot of 0.6 hectares, is sold for 6.5 million euros.
Not far from the Garocha Volcano Park, there is a former priest’s house, which now houses the village’s tourist residence, where the arriving groups are accommodated. A chapel built in the Romanesque style adjoins the house, and the remains of a medieval castle are located nearby. This entire complex is offered for 3.5 million euros.
A real medieval castle is located in a village surrounded by picturesque hills, which are extinct or dormant volcanoes. The village of Olot is located nearby. So the exact date of the construction of the castle is unknown, but documents for 1147 already contain records about it. The castle was partially rebuilt, the tower built in the 10th century has been preserved intact. Monks lived here in the last century. The condition of the buildings is good enough, renovation is required, though. For 1.8 million euros, you can become the owner of an impressive castle that can be converted into a hotel.
Real estate in Spain
If you want to develop into a proud owner of a medieval castle or a tower built at the beginning of the 20th century it is possible in Spain. The choice is quite wide and the specialists from Spain-Real.Estate will help you find the property that will meet the highest standards.