There are many good reasons for buying property in Spain. The country is so much more than just a convenient location for a fun holiday. It is an opportunity to enjoy weather that is perfect for an outdoor lifestyle, where the streets of its towns are steeped in history and culture and where the warm, welcoming community completes the country’s universal appeal.
Particularly tempting is the lovely region of the Costa del Sol, where visitors and newcomers alike are welcomed as if they were family, and where the modern, vibrant nature of the Mediterranean Coast and the area’s strong economy have created a thriving property market. There are various prestigious neighbourhoods to consider, and there’s no better place to begin than houses for sale in Sotogrande.
Types of Houses for Sale in Sotogrande
The Costa del Sol boasts some of the most spectacular, exclusive properties in southern Spain as well as a buoyant investment market and a strong demand for property rentals, but also among the properties available to make a new home or an investment opportunity are apartments, terraced houses, rural properties, beach front chalets: there is something for everyone in the area.
Let’s start with the gorgeous properties that regularly hit the headlines around the globe. The region’s gentle hills, pretty marina and perfect location close to the fashionable city of Marbella, the iconic Rock of Gibraltar and yet surrounded by calm countryside perfect for those seeking out privacy and seclusion make it an ideal location for a villa home.
For those that prioritise their security, exclusive, gated communities represent some of Spain’s most luxurious property options: beautifully designed, tastefully decorated, private villas set in gorgeously landscaped gardens with the benefits of security while still within easy reach of every modern amenity. Among these are concept villas designed by some of the world’s top architects.
Villas are ideal for families seeking to relocate to southern Spain, to leave behind the bustle and crowds of cities across the world and find tranquillity and an incomparable standard of living, easy connection to the professional world combined with a multitude of opportunities to disconnect and relax.
The Mediterranean cost of Andalusia also offers an array of apartments for sale. Tastefully designed in a number of areas, of particular appeal are the apartments close to one of the Marinas that are dotted along the coastline. For those who enjoy being close to the sea, apartments such as these provide good location, splendid views across the blue Mediterranean and ready access to diving clubs, fishing clubs, sailing schools and all sorts of other sea-based activities.
When looking for yoru home in the sun you will find apartments close to the beaches which are, again, part of local communities and close to the beach clubs and their relaxed lifestyle. The appeal extends to people of all ages, and especially to families with children who can take advantage of the sea-front lifestyle that the Costa del Sol affords.
It is not just villas that are found in the area – although there are many available if you are seeking the highest quality home. Many more affordable options include a number of different types of homes: town houses, terraced houses (casas adosadas) and semi-detached properties.
Contemporary designs capture every comfort expected of a modern home; and buyiung a home here will mean you still get to enjoy beautiful, landscaped settings, communal swimming pools, and the benefits of living in small, private communities within easy reach of renowned golf courses and riding schools.
Found the Perfect Property? Here’s What You Need to Know
If you have not purchased in Spain before, there are a number of things to consider before taking the plunge, not least making sure that you obtain sound, legal advice from an appropriately qualified advisor.
One of the most important things you will need to organise while you are looking and viewing properties on the Costa is your documentation. It’s a good idea to make sure you have all the right documents to be able to prove your identity and your sources of funds. These will include your up-to-date passport and/or visa, and, if you are a foreign resident, your NIE, which is a tax identification number that you will need to register with the Spanish tax authorities.
It is also useful to have obtained several quotations from solicitors to ensure that there are no ‘hidden’ fees that will cause you a nasty surprise during the conveyancing of your chosen property. You may also want to seek advice if you have decided that your wish to purchase an investment property that you plan to rent out – perhaps as a long-term home for someone wishing to rent in the area, or for shorter stay holiday rentals – in order to make sure that you have registered with all the relevant authorities. There are highly skilled, professional property managers based in and around Sotogrande who will be able to help you with this.
You should also arrange to open a local bank account in order to arrange your financing including your mortgage for purchasing the property. In addition to this, you are likely to find that the bank will require that you obtain a survey of the property prior to confirming the lending of the purchase loan.
There are a number of fees and expenses that you will need to look out for, and a good solicitor and reliable real estate agent will be able to help you understand these and avoid unnecessary expenses. Fees can include taxes such as transfer taxes, IVA (the Spanish version of VAT) and notarial fees.
When you start your search for a home in the south of Spain it is well worth the while to also organise some of these issues in advance, so that once you find your perfect property, you are ready to move forward quickly.
And the final few steps? There is no better substitute than visiting the region, taking a walk through the marina, dining at one of the many fine restaurants, and viewing the variety of quality.