Homes Go Fast

  Homeownership is high in Spain, with around 80% of residents owning property and most of it for free. Real estate prices have fallen by as much as 30%, but the Overseas Property for Sale market has stabilized in recent years.   Prices in Spain have been rising steadily since 2016, with the COVID-19 pandemic taking hold of the market in 2020, but official figures show average prices rose in the second quarter of this year. Sale prices are up 2 . 1% year over year, new home prices are up 4.2%, and existing home prices are up 1.8%.   Not surprisingly, home sales fell sharply. According to government statistics, foreign buyers buy between 18,000 and 25,000 homes every three months in Spain. Real estate professionals estimate home prices to range from 5% to 10% in the short term.   Are there requirements to buy Apartments for Sale in Spain? For foreigners who (legally) buy property in Spain, all they need is an NIE (Foreign Identification Number). This u...

  The process of Buy Property in Italy is relatively simple and can be made easier by working with qualified real estate partners. Independent agents paid by both parties are not required to perform due diligence on properties. They are only required to inform interested persons of the facts known to them. This means that buyers must hire professional legal and technical advisors to carry out the necessary valuations of a property.   Initial step to take when you are going to Buy Property in Italy Buyers may be required to make a formal written offer to purchase the property and post a security deposit to secure it. Legal advice is strongly recommended as the offer may become a legally binding contract when accepted. Once an agreement is reached, they will conduct the appropriate research to complete the contract to Buy Property in Italy.   How foreigners can purchase property in Italy? Italy does have some restrictions on who can and who can't buy real estat...