San Sebastian – new trends of the market of real estate lease
"Switzerland by the sea", "Northern Paris" - so many describe the most luxurious resort of Spain on the bank of the Bay of Biscay San Sebastian.
The city can brag not only optimistic increase in prices for housing – up to 8.5 percent.
Donostiya is on the first place among the Spanish cities by opportunities for investments into the luxurious real estate.
The price for square meter – about 4600 euros. Lease – on average from 1000 euros a week. Behind – only Bilbao, Barcelona and Madrid.
Three notes of San Sebastian
The spirit of San Sebastian will reveal under all laws of perfumery – gradually and in three notes. An initial note natural beauty of the city will begin to sound. A heart note – an organic texture of styles of architecture of the Old city and new quarters. A final, basic note – the high level of life in the region. These are worthy arguments to purchase in San Sebastian a magnificent country house from the ocean or magnificent apartments in the downtown.
By the way, the atmosphere of the city will not fall upon you a rumble of capital cities with abundance of tourists. San Sebastian is the town about the population about 190 thousand people. For the tourist it can be reduced in walk at all on the embankment during which you will manage to consider all main city attractions. During walk you will see the Miramar palace, at the end of the last century it served as the summer residence to the queen Maria Christina. Around the palace the most beautiful park which and attracts tourists is broken to curtail from the embankment and to take a walk in its paths. The park and a general architecture cardinally differ from traditional Spanish style. And there is no wonder, San Sebastian was under construction on a sample of the French cities. As a matter of fact, Donostiya (Basques so call the city) - no other than the answer of Spaniards to Biarritz in France.
The city is successfully located in terms of transport availability. High-speed roads and railway communication connect San Sebastian with the Spanish and nearest French towns. Also the factor of medical care, here it qualitative and free is extremely important for citizens and residents. At the disposal of tourists and residents the museums, theaters, concert venues. Carry annually out classical, jazz and film festivals. The city is famous for cozy cafes and the biggest number of the restaurants in Spain noted by mishlenovsky stars.
Buying the real estate in Spain, you receive: - an opportunity it is profitable to invest the money and to earn (leasing or long-term investment for the purpose of resale in several years); - chance to cardinally change a vector of the life, having moved to Spain; - an opportunity to enjoy comfort and luxury in own apartments on the coast during a season.
Tidbit
Donostiya is located in two awesome bays: the river flows into one of which, and in another the island is located. Since the beginning of the 12th century San Sebastian was a tidbit for many conquerors. Since then nothing changed: increase in prices for the real estate has a stable rhythm, and it opens for investors space for capital investments.
In general, statistics of sales and investments into the residential real estate of Spain at the end of last year remained positive. The quantity of objects which were bought and on sale in Spain increased within a year. In 2018 by September of sale of houses in the Kingdom grew by 11 percent in comparison with the same month of last year. About 40 thousand real estate objects passed from one owner to another. In the first five - Andalusia, Catalonia and Madrid. Experts in real estate field noted some delay of increase in prices last year against the background of tension in Catalonia. Because of referendum events in Catalonia growth of sales slowed down, having appeared below, than in the rest of the country. Year on year it made 2.1 percent whereas in Madrid – 11.4 percent.
As for San Sebastian, here the situation is stable. The isolation of San Sebastian is expressed not only in a natural landscape which saves the city from storm. Thanks to this isolation and developed economy the city in the Basque Country safely endures the critical periods in the sphere of economy and finance, adequately holding blow.
In the real estate market of San Sebastian secondary housing – up to 89 percent prevails. It is explained by policy of local authorities: in the aspiration to keep the nature they limit construction of the new real estate. But the objects, most attractive to purchase, are new buildings. It is important to note that the local legislation allows nonresidents to purchase the real estate on the same bases, as to Spaniards. Only the existing foreign passport and sufficient financial resources is for this purpose necessary. The only complexity — local language at which some real estate agencies work. With respect thereto it is necessary to choose the agent with knowledge of Russian or English who will be able to consult on all questions and to undertake formalities on execution of the transaction. Services of such specialist estimate at 1-1.5 percent from the purchase cost, plus the VAT.
Benefits to the investor buyer of the real estate in Spain: - the growing economy of the European zone; - the local legislation grants to entrepreneurs the obtaining right "The gold visa", or the Residence permit in exchange for purchase of the real estate. Last year on number of "gold visas" Spain came out on top in Europe; - exclusive houses can still be purchased at competitive cost. It is possible to purchase apartments in San Sebastian from 450,000 euros to 1,550,000 euros and above; - increase in prices has a stable rhythm. According to forecasts of analysts, the living space in Spain will rise in price almost for 10 percent annually, and sales will grow to 20 percent on average; - low interest rates on a mortgage; - lease provides high profitability; - transparent laws of the European country; - environmentally friendly way of life; - excellent climate and healthy food; - high level of life, friendly locals.
Lease of housing in San Sebastian
Rental housing becomes more and more attractive in San Sebastian. By the way, the international investors are guided by simple calculation: price explosion on lease at even low prices gives fine profitability. For the last year foreigners invested 31 billion euros in the real estate of Spain. As a result Spain came out on top on this indicator. Plus, it is worth meaning that now in the country it is possible to obtain a mortgage loan with income about 1600 euros a month though only few years ago for this purpose it was required much more, about 3000 euros.
In the market of lease of housing, apartments and "turnkey" houses for rest are generally provided to a season. It is possible to meet also offers with unfurnished housing which should be arranged independently. At contract signature a deposit of a monthly payment is levied from the tenant. The leading operators of a gembling still in the nineties made out tempting prospects which are offered them by the Internet, and hurried first to start online casino. It is very convenient to casino in mobile phone, you have access to favourite gaming machines 24/7, the website of casino the Joker mobile version the Joker is completely adapted for mobile devices. Russians directed to the next countries where casinos are resolved, and very many chose Belarus. In this article we will not learn to play, describe confidential strategy or to advise concrete automatic machines. Both return, and slots, and service – excellent! It is returned after the employment contract less compensation of small breakages and damages which appeared in the apartment during accommodation. The cost of lease depends on many factors, including object locations, year of construction of the building, quality of repair, convenience of infrastructure , etc.
Lease of housing during a season is popular, even considering seasonal increase in prices, it is more profitable to rent apartment or the house, than to stay at hotel. Therefore such option is chosen even by those who come to San Sebastian for short term.
Cost on exclusive options begins from 3400 euros a week. For such cost it is possible to rent magnificent apartments at the ocean in San Sebastian. The magnificent country house in the downtown will cost 6500 euros a week. Housing options which are close located to the downtown and the beach La Concha are in special demand.
To the homeowners who are going to lease it recommend to use services of real estate agencies. They will prepare the employment contract, will notify the authorities on the fact of delivery and will undertake a question of search of the tenant. All this becomes for the percent stipulated with the owner. Lease of housing is the way out also for those who did not make the final decision yet to purchase the house or apartments where exactly. In this case, renting the real estate, you should not pay taxes and to encumber itself with bureaucratic procedures. Looking for suitable option, you will see that offers are enough, but to receive really a tidbit, it is necessary to work quickly. Specialists of the AWAY REALTY company are ready to help with with the choice of excellent option. At us you will be able to obtain exhaustive information on a question of purchase and lease of housing in Spain.
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