Property in Spain is one of the most popular among foreign investors. Advantages - the country is located in the zone of a comfortable climate, has a high standard of living, a stable economy and political stability. Tourists are also attracted by the magnificent medieval architecture and the country's rich cultural and historical heritage. Prices in the country are available on almost everything. Buyers from non-EU countries are entitled to receive a multiple-entry Schengen visa after purchasing of housing property. One of the most attractive coasts of the country - the Costa del Sol. Properties in Mijas - profitable and promising, as you can always rent it out, if you do not live there permanently. The city is located in the province of Malaga, famous for its unusual appearance with buildings in the Andalusian style in predominantly white colors.
You can buy both residential and commercial property in the city. Mijas has a well-developed tourist infrastructure. The most common purchase there - studios and one-bedroom apartments, and for more affluent clients - villas on the shore. The city's location on the beach area between Malaga and Marbella is profitable, so it is always full of tourists and property buyers. The broad coastline and clean sand, combined with crystal clear waters - the cause of the "Blue flag" for many beaches in the area.
On the bank sales occurs collateral property, the price of which is lower than the market by 50-70% - this is the most affordable option in the whole of Spain and in particular in Mijas. A foreigner may take out a loan to purchase property in a local bank for 25 years at low interest rates. Buying bank mortgaged housing is beneficial for the fact that the initial fee is not required. The average cost of an apartment of about 70 square meters - 100 thousand Euros.
You should not worry about tomorrow if you have real estate in a Spanish resort like Mijas. Living with your family - also an interesting and affordable option, not to mention the rental earnings.
