BUYING A PROPERTY IN MALLORCA, HOLIDAY HOME, VILLA OR AN APARTMENT, ISN’T JUST A GOOD INVESTMENT IN REAL ESTATE. IT’S ALSO AN OPPORTUNITY TO MAKE MONEY BY RENTING YOUR HOLIDAY PROPERTY WHEN YOU ARE NOT USING IT FOR YOUR OWN PURPOSES. THAT WAY THE PROPERTY CAN EARN YOU MONEY FOR OPERATING COSTS, YOUR VACATION, OR EVEN MORTGAGE PAYMENTS.
INVESTING IN REAL ESTATE IS ONE PERFECT WAY TO VALUE YOUR MONEY. COMPARED TO OTHER FORMS OF INVESTMENT, THE REAL ESTATE MARKET OFFERS SEVERAL ADVANTAGES THAT NO OTHER INVESTMENT BRINGS. THEY ENJOY LONG-TERM INVESTOR INTEREST IN MALLORCA. THIS IS DUE TO THE RELATIVELY FRIENDLY PRICE OF REAL ESTATE, THE IDEAL CLIMATE AND HUNDREDS OF KILOMETERS OF WONDERFUL BEACHES.
THERE ARE NO LEGISLATIVE OBSTACLES FOR THE CITIZENS OF THE EUROPEAN UNION TO BUY REAL ESTATE IN SPAIN.
THE CONDITIONS FOR BUYING REAL ESTATE FOR EU CITIZENS (NATURAL AND LEGAL PERSONS) ARE COMPLETELY OPEN, CITIZENS AS WELL AS SLOVAK COMPANIES CAN BUY SPANISH REAL ESTATE DIRECTLY INTO THEIR OWNERSHIP.
SO SUMMING UP A FEW POINTS WHY IT PAYS OFF TO BUY REAL ESTATE IN MALLORCA:
- Passive income every month. If you rent an apartment as an investment and after paying all the expenses, there ‘s certain amount of money left in your account, your passive income.
- The rent repays the mortgage. Borrowing “foreign money” to buy real estate is not a bad idea at all. However, the payments that you send monthly to the bank are paid for you by your renters, who will take care of repaying at least a part of the mortgage.
- The price of real estate is rising. Looking at the development of real estate market prices, you can clearly see a year by year increase. In addition, the interest for apartments is always growing and you will evaluate your acquired property over the years in the event of a sale.
- The selling price depends on you.Unlike investments in stocks or funds, you have the power over the price of the property in the event of a sale. Of course, it’s necessary to follow the current market prices, but ultimately you determine the price.
- Leverage effect. Mortgages as an investment in this case are good loans that do not need to be afraid of. With 20% of your money that you invest in the beginning, you can get a lot more significant appreciation in a few years thanks to loaned money.
WE CURRENTLY OFFER INTERESTING AND ATTRACTIVE PROPERTIES FOR YOU, FROM DIFFERENT PARTS OF MALLORCA. IF YOU DON’T FIND A PROPERTY ON OUR WEBSITE THAT WOULD MEET YOUR WISHES, DO NOT HESITATE TO CONTACT US.