Opportunities abound for Chinese citizens to invest in properties in Spain. Following the 2008 world financial crash, the Spanish real estate market has experienced a drop in prices. The potential profit of investment has reached its peak because property prices have hit their bottom. The investment opportunity is now double. A reform of the immigration law is under consideration, which allows investors to obtain the residence permit. This permit allows Non-EU citizens to live in Spain (and visit the Schengen Area without a visa) for a long period. We believe in this opportunity, so we have developed a wide variety of services to offer as a full package solution. Your only worry is to choose the perfect fit from our stock of properties.
After 2008, Spain saw the end of its own bubble -the real estate bubble- leaving more than two million properties unsold. It began a process of price adjustment that ended up with a slump of 60% in property prices in some areas of Spain. Property prices in Spain are now at their lowest. Compared to, in big cities -such as Beijing or Shanghai- where prices per square meter are more than 50,000RMB, Spanish prices, on average are one fourth the price (12,500RMB). The opportunity is huge for foreign investors.
Contact us
· Select your property
· Negotiate terms and conditions
· Initial agreement, with or without down payment, required for the Foreign Identification Number (NIE) application
· NIE application
· VISA application
· Open bank account
· Record in a notarial instrument the purchase of the property and delivery of keys
· Registration in the Tax Bureau of Spain
· Tax payment associated to the transmission of the property
· Registration in the Land Registry
