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Buying Process
5 Places in Torrevieja I'd Never Buy Property
29.10.2024
While Torrevieja is rapidly developing and may seem somewhat atypical architecturally for Spain, it has its quirks. On the one hand, the poorly regulated urban development in the 1980s and 1990s led to haphazard construction by minor construction firms. These often used subpar materials and lacked any sort of guarantee. Cutting costs on architects also resulted in the creation of peculiar designs—often flashy but questionable in quality.
Spanish Citizenship
29.10.2024
The Spanish passport ranks an impressive third place in the current list of the world's most powerful passports, as it allows its holder to travel visa-free to more than 180 countries, including all European Union countries, the United States, Canada, and many countries in South America, Africa, and Asia. The Spanish passport also grants the right to live and work in any EU country. It's no wonder that Spanish citizenship is so attractive - over the past two years, more than 7,000 foreigners have acquired Spanish passports.
Squatters in Spain Seized My Apartment
29.10.2024
Any discussion about purchasing property in Spain inevitably leads to the problem of squatters: “Here’s a person who bought an apartment in Spain and barely had time to live in it before squatters rushed in, and there’s no controlling them. Everything’s lost. How unfortunate are those real estate owners in Spain by the sea, and in Europe in general, what a nightmare!”
Taxes When Buying
29.10.2024
Buying property in another country is always fraught with complexities. One of the most significant factors to consider when purchasing residential or commercial real estate in Spain is taxes. Understanding the details will help you plan your expenses and avoid unpleasant surprises.