Advantages of Buying a Property in Spain for Foreigners

Buying a property in Spain can be a great opportunity for foreigners. Spain has become an attractive destination for investors and homeowners alike due to its pleasant climate, lifestyle, and social life. This is not just talk; studies indicate that in recent years, foreign investment in the Spanish real estate market has grown significantly. In 2022, foreign investment represented 13% of the total real estate transactions in Spain, according to a report published by Bravos Estate - Property in Spain.

At INFINITUM, we want to highlight all the advantages of buying a luxury property in Spain as a foreigner. The opportunities to enjoy a home on the Costa Dorada make turning a dream into reality. Discover all the benefits of owning a property in Spain!

 

Buying a Home in Spain: Welcome World

Foreign investment in the Spanish real estate sector has grown significantly in recent years. In 2021, the volume of foreign investment in residential properties reached 5.2 billion euros, an increase of 6% compared to the previous year (Bravos Estate - Property in Spain). This increase reflects the confidence and interest of international investors in the Spanish market. 

When analyzing the preferences of foreign buyers, we find that cities such as Madrid, Barcelona, and the Balearic Islands, as well as coastal destinations like the Costa Blanca, Costa del Sol, and Costa Dorada, are in high demand.

Madrid and Barcelona: These two cities are hubs of social and cultural life in Spain. Madrid, with its vibrant nightlife, world-renowned museums, and historic architecture, attracts buyers seeking a complete urban experience. Barcelona, on the other hand, offers a unique combination of culture, architecture, urban life, and spectacular beaches, making it a popular choice for those who want to enjoy the best of both worlds. Its urban beaches, such as Barceloneta, and its rich cultural and gastronomic offerings are compelling reasons for foreigners wishing to live there. 





Balearic Islands: This archipelago, including famous destinations like Mallorca, Menorca, and Ibiza, is known for its stunning landscapes, dreamlike beaches, and vibrant nightlife, especially in Ibiza. The Balearic Islands attract those seeking a paradise-like environment.

Costa Blanca and Costa del Sol: These coastal areas are very popular among foreign buyers due to their excellent climate and beautiful beaches. The Costa Blanca, with towns like Alicante and Benidorm, and the Costa del Sol, with iconic destinations like Marbella and Málaga, are places where buyers from around the world can enjoy a relaxed atmosphere and a high quality of life.







Costa Dorada: On the Costa Dorada, cities like L’Ampolla, L’Ametlla de Mar, Tarragona, and Cambrils are beach destinations chosen by foreigners for their idyllic beaches, excellent cuisine, and Mediterranean climate. These towns offer a perfect blend of natural beauty and amenities, making them ideal places for those seeking a tranquil and exclusive environment.
 

Benefits for Foreigners Living in Spain

Buying and enjoying a property in Spain offers many advantages for foreigners. Let’s look at some:

• Mediterranean Climate: Spain charms with its incredible temperatures, guaranteeing more than 300 days of sunshine a year in some areas.


• Quality of Life: Living in Spain means a change in quality of life. The relaxed lifestyle is highly valued by foreigners who choose Spain as their new home. The "tardeo" culture and the tradition of spending time in terraces are part of the daily routine.


• Excellent Transport Infrastructure: Spain has an amazing network of roads, airports, and railways, allowing for comfortable and delay-free travel throughout the country.


• Cuisine: Renowned worldwide, Spanish culinary creations generate passion globally. Catalan cuisine, in particular, stands out for its perfect fusion of tradition and modernity, presenting truly innovative dishes. From the exquisite seafood of the Costa Dorada to the creative reinterpretations of ancestral recipes in Michelin-starred restaurants, Catalan gastronomy offers a unique culinary experience that combines fresh local ingredients with haute cuisine techniques. The seafood paella, suquet de peix, and delicate creations by renowned chefs inspire true culinary works of art.

Additionally, buying a property in Spain can offer various tax benefits for foreigners, making this investment even more attractive. Foreigners who purchase a property in Spain for a value of 500,000 euros or more may qualify for residency by investment or the "Golden Visa". This residency allows living and working in Spain and facilitates mobility within the Schengen Area. Additionally, non-residents only pay taxes on income generated in Spain.




 

Costa Dorada: An Ideal Destination for Property Purchase

The Costa Dorada is no exception. Many foreigners seek to invest in properties on the Costa Dorada due to its beaches, natural surroundings, delicious cuisine, and climate. Our exclusive resort offers a wide variety of luxury residential properties to enjoy a 100% Mediterranean natural environment. From beachfront apartments or those immersed in nature to villas with terraces, swimming pools, and gardens located just meters from our fabulous golf courses, INFINITUM provides the sought-after Mediterranean lifestyle you are looking for.

INFINITUM offers a wide range of services, 24/7 security, eco-sustainable homes, restaurants, activities, and all the tranquility you need. Discover our residential project! Living on the Costa Dorada has never been so tempting… Request information today!