Should I Buy Or Rent in Spain?

for-rent-148891_640 (1)This is a decision most of us come across at some point in our lives, whether we should rent a home or buy a home. We’re specifically looking at the merits of each when it comes to living in Spain, and whether the rental market or the buying market is likely to be the one for your own needs when coming to Spain.

It is important to work out what you want from the property, and if you’re going to spend all of your time there. If you want to get a second home in Spain then it doesn’t make a lot of sense to rent it long term (short term rentals could be good). Having a home empty is wasted money. If you want to buy one to rent out then this can be a good model, but the chances are you won’t be there much. Buy to let is a decent business model in pretty much any country.

If you’re considering moving to an area of Spain such as Javea, check out a site like www.javea.rentals for the best options for renting a home in Spain. If you are moving from abroad, renting can be a great way to get used to the culture before deciding if you want to stay there long term, and the rent in Spain is certainly not overpriced such as in some of the other countries in Europe and areas of the UK and America.

Whether you buy or rent is a personal decision but thinking about the time you’ll spend there will help to inform your choice.

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