Spanish properties – Marbella

Spanish real estate investment as an alternative has become easily accessible to anyone as a result of the close cooperation between the Budapest-based Kenway Property and its Spanish real estate developer partner. The driving force behind the alliance between the two well-known real estate development and sales companies is the similar company philosophy and the need to provide high-quality and comprehensive services.

Spanish seaside properties offer more than a pleasant holiday on the Costa del Sol, you can get a valuable, safe EUR-based investment, and the utilization can have additional financial and lifestyle benefits.

Spanish Properties – Marbella

Marbella is one of the most popular tourist towns on the Costa del Sol in southern Spain, with excellent infrastructure and climate. Even today, a remarkable proportion of its nearly 150,000 permanent population is made up of British, Scandinavian, and German citizens who choose the holiday destination for a lifestyle stay.

A significant number of Hungarian communities live in several Spanish cities, which only proves that the Spanish way of life is enticing for Hungarians, because of the culture, lifestyle, gastronomy and positive energy, many people choose Marbella as their permanent or seasonal residence all year round. The number of hours of sunshine per year is nearly 3,500, while in Hungary it is only 2,000 per year.

Costa del Sol holiday

The special Andalusian way of life, the gastronomy that tempts the senses, the joy of life of the locals and the incredible subtropical Mediterranean climate make the deservedly famous Costa del Sol really attractive. On the Costa del Sol, you can choose from fabulous beachfront or city properties if you love this fascinating Spanish resort and want to invest your capital in a safe, predictable way, minimizing the negative effects of the forint depreciation.

Spanish beach properties

In recent decades, Lake Balaton and its surroundings have undoubtedly been the number one destination among Hungarians looking for a permanent waterfront vacation home or a well-utilized, valuable investment. Just like life, the needs of investors are constantly changing. More and more people are turning to foreign real estate investments.

Kenway places an exceptional emphasis on providing its customers with professional service that satisfies all their needs, as part of this, market analysis and assessment of needs is also continuous, and in its business policy, it strives to satisfy this demand under all circumstances.

Spain is only a 3.5-hour flight away from Hungary, and it can be easily reached twice a week (Wednesday, Sunday) with scheduled Wizzair flights. The possibility of owning a Spanish beach property for the price of a Balaton holiday home, with professional legal, administrative and linguistic support, if you rely on your personal Kenway contact to handle your Spanish property purchase, is certainly a potential to consider.

Spanish property prices

The chart below illustrates the development of Spanish real estate prices between 2007-2021. Between 1996 and 2007, excluding inflation, the prices of Spanish seaside properties rose by 250% thanks to the large number of English, German and French property buyers.

Development of Spanish real estate prices

(Source: Real Estate Market and Prices in Spain 2022 Overview (globalpropertyguide.com) – 2022.01.20)

In 2021 alone, Spanish real estate prices rose by an average of 4-7%, varying by region, in Andalusia, for example, there was a 6% increase. On top of that comes the income from utilization. Since 2014, a dynamic and predictable price increase has been experienced year after year.

According to Eurostat’s analysis, there was a 27% increase in real estate prices in Spain in 5 years until 2021.

Buying Spanish property – What to look out for

If you are thinking about buying Spanish real estate, it is worth entrusting yourself to an expert partner. Not only language differences can cause problems, but many tax and legal issues arise in connection with a Spanish real estate investment, which you may not be prepared for.

It is more expedient to review the legal and tax and other administrative criteria in advance, and not suffer damage afterwards due to incomplete knowledge. As a team, Kenway and its Spanish real estate brokerage partner guarantee you that you can buy the best Spanish property according to your ideas and financial possibilities.

The sale is carried out in the most optimal way with full assistance in Hungarian, in compliance with the laws and tax regulations, for which a professional legal team provides maximum professional support. If required, the property can be purchased in the name of both an individual and a company, and your personal contact person is available before, during and after the transaction.

Properties for sale in Marbella

In Marbella, real estate prices range in an amazingly wide range. It may surprise many, but you can get a Spanish holiday home for between HUF 80-100 million, which you and your family and friends can use with satisfaction – thanks to the Mediterranean climate – at any time of the year, but you can also rent it out, so in addition to the continuous increase in value, you can get regular rental income can also get

If you are looking for a luxury property, and whose expectations are not limited by financial possibilities, you can buy a truly exclusive, astonishing Spanish beach property for sale worth up to several million euros.