The 4 main reasons to buy a second home in Spain

Many French people dream of a second home in Spain. Not only do they have good taste, but this dream can come true for many of them as the price of real estate is so attractive. This country is full of history, places to visit, culture to soak up and memories to build. The way of life of our Spanish friends differs somewhat from ours, and it is not a nonsense to put in relation the exceptional Spanish sunshine, among other things: they are known to be more sociable, go out more willingly and are more affable. This is why it is a question here of developing the reasons which make the acquisition of a second home in Spain an excellent choice.

A favorable economic context

Far from rejoicing in an economic crisis, it is nevertheless good to note the impressive fall in the Spanish real estate market. This is a survey that tells us that between 2007 and 2013 (the subprime crisis), the market fell by 30 to 40% in Spain. From the following year, that is to say in 2014, we could note that the whole was consolidated. Quite naturally, the owners of France and Belgium settled there with joy, in particular in the capital Madrid, but also in Barcelona or in the Catalan region. If one relies on European data, the aforementioned kingdom of Spain is ranked seventh among the countries which received the most French people in 2017 (i.e. more than 80,000 censuses). The appeal is then no longer to be proven: the demand is there. Successful investments, light charges and almost non-existent local taxes, the purchase of a second home can sometimes lead to that of a main residence!

A significant comfort of life

That no Norman or Breton takes umbrage of this fact, but Spain knows a rate of sunshine much higher than France: it is beautiful there almost all the year, that is to say more than 300 days a year (320 in Andalusia). In addition, there are many apartments and houses by the sea. It is easy to imagine your family or friends enjoying a holiday on the edge of a forest or on the beach, on the Costa del Sol for example. . Let us not forget the Spanish culinary treasures, which the French taste buds love. For several years now, the chefs of Spain have peaked among the best in the world, without possible dispute! Well nourished, the body is all the better for it. And if that's not enough, the Spaniards have the best health in the world, according to the "Bloomberg Healthiest Country Index" of 2019. 169 countries are analyzed and ranked, and what comes out speaks volumes: she grants the highest life expectancy for Spaniards by 2040 with 86 years (83 years today, third in the world). Finally, the cost of living is also more affordable there than in France, a factor to take into account when leaving your suitcases somewhere.

Breathtaking landscapes, extraordinary activities

Spain is a far cry from the simple postcard format, or even its image of a party girl for young French people. It is full of historic places begging to be known. Because it is often following a stay in Spain, an unforgettable vacation or even a return trip to work that the French take a liking to the Spanish Kingdom. Its 500,000 km² and more cover a very diverse geographic spectrum. Spain is indeed the third most touristic country in the world, and its pretty beaches are not the only ones responsible. In addition, it is really easy and fast to go to Spain, regardless of the place of departure in Europe. A destination of quality and proximity to which more and more Europeans subscribe, whether by road or by air. As for outings, the territory is hardly lacking: renowned museums, parks like no other, volcano, cathedrals and country walks, among many others. If you think about the unbeatable value for money of real estate in Spain, this is a real bargain.

Attractive tariffs and tax rate

If we compare Spain to other European countries, we see that house prices and their interest rates remain much more attractive. For those wishing to acquire secondary accommodation outside their country (France, Belgium), it is ideal. The reason is this: it makes it easier for people to get a bank loan. The country itself promotes these initiatives in its territory. Tax rates have been falling since 2015. It's really a bargain, because the tax rate is much more attractive than in France. After all, it is not (just) for the sun that more than 22,000 French speakers bought housing in Spain in 2018. The idea that its two residences, main and secondary, can share a common border is reassuring for residents. owners. Thus, a retired person living in France will have a 30 to 50% increase in purchasing power in Spain. If we add the ideal climate, the way of life as well as the prices of both properties and the cost of living, there is no longer any doubt as to the viability of such a project!