Spain is an attractive destination for persons interested in purchasing a property. With a warm climate and numerous touristic locations, Spain stands out as one of the top European countries on property matters, certain regions of the country representing the highlights of the property market. In this sense, it is important to know that British citizens have the highest level of interest for purchasing a property in Spain. Our team of lawyers in Spain can offer in-depth advice on the legislation regulating the procedure for purchasing a property here, for residential or commercial purposes.
The Spanish economy is recovering from the economic crisis which affected the entire continent during the last decade. The property market in Spain is also on an upward trajectory, with sustained economic growth and stability in the real estate investment sector. Over the last three years, the property market in Spain has witnessed an increase of the selling prices and demand. Property transactions and new housing starts had a 70% annual increase in 2016. The legal aspects regulating the property market in Spain can be explained to you by our attorneys in Spain.
The Spanish economy is characterized by several economic activities. The business environment is highly competitive for investors who want to open a company in Spain, as the country is considered the 5th largest economy in the European Union (EU). Foreign investors should also know that Spain represents the 14th largest economy at a global level, being characterized by strong export activities, tourism and foreign direct investments. Our team of lawyers in Spain can offer legal assistance on the main rules of law regulating the above mentioned fields.